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Central London recovery residential fund launched
Posted on November 27th, 2009 No commentsA closed-ended fund targeting exclusive London residential investments has been launched this week and aims to target the “bullseye” of the capital exploiting opportunities in Knightsbridge, Mayfair, Chelsea and Kensington.
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Prince and Mayor named in Barracks High Court claim
Posted on November 27th, 2009 No commentsThe Prince of Wales and Mayor for London Boris Johnson have been named in a High Court claim by Christian Candy’s CPC Group over the £1bn Chelsea Barracks site.
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Contractor chosen for Bradford City Park Project
Posted on November 27th, 2009 No commentsContractor Birse Civils has been chosen by Bradford Council to develop its City Park project.
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CBRE report retail rents stabilise globally
Posted on November 27th, 2009 No commentsPrime retail rents have begun to stabilise in many markets across the world in the third quarter of 2009, according to CB Richard Ellis.
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Number of empty shops falls on prime high streets in the UK
Posted on November 27th, 2009 No commentsThe number of empty shops on the UK’s prime high streets has reduced for the first time this year according to Cushman & Wakefield’s latest report.
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Prime Commercial Properties to sell Salford mall
Posted on November 27th, 2009 No commentsPrime Commercial Properties is to sell its Salford City shopping centre.
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Invista Foundation secures 22% cut in fees to manager
Posted on November 27th, 2009 No commentsInvista Foundation Property Trust has agreed a 22% cut in the fees it pays to its external manager as one of a series of actions to improve its income and dividend cover without materially increasing its net gearing.
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‘Even diversity awareness co-ordinators go shopping’ says economist Bootle
Posted on November 27th, 2009 No commentsRenowned economist Roger Bootle has warned any future government over being too rash with public spending cuts.
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Sheds deals totalling 410,000 sq ft agreed in outer London market
Posted on November 27th, 2009 No commentsAround 410,000 sq ft of shed lettings deals are under offer around the outskirts of London.
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Warner reveals net liabilities of £24m
Posted on November 27th, 2009 No commentsWarner Estate Holdings’ chairman Philip Warner said this morning that the company’s crucial £250m debt refinancing negotiations were making “satisfactory and constructive progress” as he revealed that its net asset value was now negative.