UK Business Property - RSS FeedCommercial Property NewsRICS targets existing commercial buildings for energy upgrade- April 17, 2007 The Royal Institution of Chartered Surveyors (RICS) has launched a 15-point plan calling for stronger leadership and a partnership between Government, property and construction sectors to overcome inaction on the “huge disparity” between suhttp://www.ukbusinessproperty.co.uk/news/article/26 Birminghams first BREEAM Excellent- April 17, 2007 Calthorpe Estates has achieved Birmingham’s first ever BREEAM ‘excellent’ rating for its new £2.2m office block at 19 George Road, Edgebaston.The 12,545 sq ft scheme was designed by REID Architecture and includes &39;freshttp://www.ukbusinessproperty.co.uk/news/article/25 Admiral Taverns to become the UKs third-largest pubco- April 16, 2007 Admiral Taverns is poised to become the UK’s third-largest pubco with about 2,500 pubs when it completes a deal to buy almost 900 pubs from Punch Taverns shortly.City analysts believe the company will spend £350m buying the pubs, ahttp://www.ukbusinessproperty.co.uk/news/article/22 UK Commercial Property returns forecast to halve- April 16, 2007 The upswing in the UK commercial property market is about to come to a shuddering halt with returns on course to halve for 2007, a leading forecaster is warning.Returns, which have been in double figures since 2001, are set to fall from last yhttp://www.ukbusinessproperty.co.uk/news/article/24 Erinaceous has received an approach from an unamed bidder, thought to be a 3i backed MBO.- April 16, 2007 It is understood a team from 3i is working with senior management of Erinaceous on a bid of at least 300p a share - and possibly as high as 350p.The potential bid could value Erinaceous, based in Croydon, south London, at up to £375 millhttp://www.ukbusinessproperty.co.uk/news/article/23 Greg Goodman's appetite for UK commercial property unabated- April 13, 2007 To add to yesterdays news that Macquaiie Goodmans boss Greg has digested Rosemound, today we can reveal that he has another tasty snack in the form of the purchase of Delancey&39;s 50% stake in the Hammersmith Embankment office development, valued at anohttp://www.ukbusinessproperty.co.uk/news/article/19 Christie's sell historic Tenby Inn- April 13, 2007 The Normandie Inn, a former coaching inn built into Tenby’s town walls, has been sold through the Bristol office of licensed property agents, Christie and Co. The attractive Grade II Listed inn, which dates backhttp://www.ukbusinessproperty.co.uk/news/article/21 Macquarie Goodman to become the UKs second largest developer of industrial property.- April 12, 2007 Macquarie, the Australian banking and investment group, last night launched a further push into the UK industrial property sector with a £336 million deal to buy Rosemound Developments. The deal kicks off an attempt by the Australian infrastructurehttp://www.ukbusinessproperty.co.uk/news/article/16 Grosvenor reveal 23% increase in asset values- April 12, 2007 The Duke of Westminster&39;s property company has unveiled 2006 results revealing a 23% rise in the value of its portfolio, including the UK&39;s most expensive office block, 77 Grosvenor Street.The Grosvenor Group hit the headlines earlierhttp://www.ukbusinessproperty.co.uk/news/article/18 Commercial Property's latest flavour : 2.5bn. Hotel REIT about to be launched.- April 12, 2007 Plans to float a firm owning 60 to 80 hotel properties worth up to 2.5 billion pounds on the London Stock Exchange are set to be announced this month, a source close to the situation said on Friday.The source said a company backed by Royal Banhttp://www.ukbusinessproperty.co.uk/news/article/20 |