AMG Property – Property News Daily
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Izett steps down from the helm at Colliers
Posted on July 30th, 2010 No commentsColliers International UK, the new name of the rebranded AIM-listed Colliers CRE business, said in a H1 trading statement today that revenues were 12% up on last year overall, whilst in the UK revenues were 15% up on the same period last year.
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Farmland values set to continue rising say RICS
Posted on July 30th, 2010 No commentsThe H1 2010 RICS rural land market survey paints a somewhat mixed picture with respect to prices. The transaction based measure of farmland prices fell by 6% (from £16,126 to £15,177 per hectare during H1, but the opinion based measure i -
PWTV: Retail concerns over creditless recovery
Posted on July 30th, 2010 No commentsGovernment cuts and a creditless recovery could bring major problems for the retail sector, Dr Karen Sireacki, consultant to research firm The Property Archive, has said. -
Sleeperz secures £7m of new capital for budget hotel expansion
Posted on July 30th, 2010 No commentsConnection Capital, a new private client investment business, has made its first investment in budget hotel operator Sleeperz Hotels. -
Cornerstone buys German supermarket
Posted on July 30th, 2010 No commentsCornerstone Real Estate Advisers Europe has completed its first acquisition in Germany since it took over the management of the Cornerstone German Retail Fund in 2008. -
RREEF buys Kent distribution unit
Posted on July 30th, 2010 No commentsRREEF UK Industrial Property Fund has purchased a distribution unit in Erith, east London, for £10.1m, reflecting a net initial yield of more than 7%. -
Crown wins Regent Street planning consent
Posted on July 30th, 2010 No commentsThe Crown Estate has won planning consent for the redevelopment of two major blocks on the west side of Regent Street. -
Prupim sells Volcano portfolio
Posted on July 30th, 2010 No commentsPrupim has sold a portfolio of high street shops for £12.85m. -
Sound London nightclub in administration
Posted on July 30th, 2010 No commentsA buyer is being sought for nightclub Sound London after the appointment of Colin Wilson and Tim Dolder of RSM Tenon as joint administrators. -
Izett quits as Colliers chief
Posted on July 30th, 2010 No commentsDavid Izett has quit as chief executive of Colliers International UK “to seek other challenges”.