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CB Richard Ellis Investors to sell City office portfolio
Posted on September 11th, 2009 No commentsCB Richard Ellis Investors has instructed DTZ to market the sale of its City of London ‘Houndsditch’ office portfolio for £33.5m at a yield of 11.6%.
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US embassy outline plans recommended for approval
Posted on September 11th, 2009 No commentsWandsworth Borough Council has recommended planning approval for the US government’s outline application for a 500,000 sq ft embassy in Battersea.
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Major letting at Segro’s Heywood Distribution Park
Posted on September 11th, 2009 No commentsUK property company Segro has let a 101,000 sq ft unit at Heywood Distribution Park to Fowler Welch Coolchain in Lancashire.
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Housing prices to fall back by 7% in 2010
Posted on September 11th, 2009 No commentsJones Lang LaSalle’s latest UK residential market forecast predicts that despite an improvement in sentiment in the past six months, the market revival is likely to be unsustainable and a fall in prices of -7% on average is likely during 2010.
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Land Securities sells in Paddington
Posted on September 11th, 2009 No commentsLand Securities has exchanged contracts on the sale of 40/50 Eastbourne Terrace in London’s Paddington for £50.5m.
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New head for L&G unit trust business
Posted on September 11th, 2009 No commentsLegal & General has appointed Simon Ellis as managing director of the Unit Trust business.
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Eye on Offices: Savills’ Bates and Hickey discuss occupiers’ wishes
Posted on September 11th, 2009 No commentsCost is the main factor that will determine occupiers' next office move, Savills latest office occupier survey has shown.
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Quintain sells stake in £760m healthcare fund
Posted on September 11th, 2009 No commentsQuintain has sold part of its stake in a £760m healthcare property fund.
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Silverburn shopping centre up for sale
Posted on September 11th, 2009 No commentsSilverburn shopping centre has been put up for sale following a review by Deloitte, instigated by lender Bank of Scotland.
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Co-op green light for Manchester HQ
Posted on September 11th, 2009 No commentsCo-operative Group was last night given planning permission for a 325,000 sq ft headquarters in Manchester.