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Commercial Property News

Major investors say Vector Hospitality 2billion IPO is not REIT for them - June 3, 2007

Major property investors on both sides of the Atlantic are set to shun the flotation of Vector Hospitality, the biggest property flotation yet attempted on the London Stock Exchange. Cohen & Steers, the largest specialist property investor in the worl
http://www.ukbusinessproperty.co.uk/news/article/101

Dunedin Properties to sell industrial property portfolio of more than 10 million sq.ft. - June 1, 2007

To add to the series of corporate and industrial property sales in recent months, Dunedin Properties has appointed Morgan Stanley to sell it's industrial portfolio of more than 10 million square feet and Industrious Asset Management it 's operating sub
http://www.ukbusinessproperty.co.uk/news/article/96

Segro bales out of US for 574 million and takes a tax hit to focus on Europe for expansion - June 1, 2007

Segro, formerly Slough Estates, has agreed to sell its U.S. life sciences real-estate business to Health Care Property Investors Inc. for $2.9 billion as it moves to focus on continental Europe for expansion following a strategic review of its U.S. asset
http://www.ukbusinessproperty.co.uk/news/article/100

JLL and CBRE appointed by British Land to let the Cheesegrater and Ropemaker Place schemes. - June 1, 2007

British Land have instructed Jones Lang LaSalle and CB Richard Ellis to let it's new £286 million speculative build 47 storey building dubbed the Cheesegrater on which work is about to start.  Work has begun on  on the Ropemaker
http://www.ukbusinessproperty.co.uk/news/article/97
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