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August 2014

Swindon redevelopment site sold in ‘record breaking deal’

A new development named Regent Circus in Swindon is to be purchased by UK Commercial Property Trust. Contracts have now been exchanged on the transaction, with a sale price of £40.5 million. The purchaser, UKCPT, is a large British investment trust dedicated to investments in UK commercial properties. 
29th August 2014

Aliffe house sold!

M&G Investments is a leading investment manager in the UK and overseas. They have been an active manager of investments for individual and institutional clients for over 80 years and now manage over £253 billion in equities, multi-asset, fixed income, real estate and cash for clients across Europe and Asia....
28th August 2014

One in ten Mayfair properties has Middle East owners

A report produced by property specialists Wetherell, with a focus on Mayfair and the West End, has shown that the Middle East influence is intense in these areas. The statistics revealed that buyers from this region have been, and still are, purchasing 10% of all residential property in Mayfair year...
27th August 2014

52 Poland Street sold by British Land

Commercial property giant British Land is selling the freehold to 52 Poland Street in Soho to Amazon Property, the investment and development group, having now exchanged contracts. The site garnered significant interest when marketed, in part as a result of the vacant possession being offered of certain parts of the...
26th August 2014

The circle of blame must be broken

The ‘circle of blame’ is a vicious circle which recognises four main stakeholder groups: investors, occupiers, developers and constructors and could be the reason for commercial property not being retrofitted as much as it should be, despite the need to reduce carbon emissions from existing building stock.
25th August 2014

House prices on the turn?

Rightmove, the UK property website, has indicated that asking prices for residential property may have not only stopped increasing, but appear to have decreased. The website has shown that property prices fell in August by 2.9% compared with last month. The prices are, as has been the case for some...
22nd August 2014

Morgan Pryce complete City lease

Last week Morgan Pryce completed, on behalf of a Real Estate Investment Trust, a lease of 2,000 square feet unit on Cornhill just a few minutes’ walk from Bank, in the City Core. The client was previously based St James’s and when they met Morgan Pryce they were looking to...
21st August 2014

Down under to (start-)up here

It has been demonstrated over recent years that start-up companies practically inhabit a sector of their own.  They have been a major part of London and the UK’s increasing economic success, which in turn has led to more start-ups. The TMT sector is an example of a market in which...
21st August 2014

The Crown Estates Latest Purchase

The Crown Estate is a diverse portfolio of UK buildings, shoreline, seabed, forestry, agriculture and common land that generates valuable revenue for the government each year – and it has recently made one of its biggest purchases to date. 2013 saw the Crown Estate bank £267.1 million to the treasury...
18th August 2014

Final days for interest in Gherkin building

Parties interested in registering their interest to purchase one of London’s most iconic landmarks have just until the 16th August to do so, on the dedicated website. London’s iconic and uniquely shaped office building, the Gherkin, is currently up for sale, with Deloitte and Savills jointly acting as agents, as...
15th August 2014

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