UK Business Property - RSS FeedCommercial Property NewsCanary Wharf Group hops out of the nest.- July 24, 2007 For the first time in the group’s history,Canary Wharf Group has started to take its extensive development expertise outside the 14m sq ft Docklands estate and move into the central London market with the 300,000 sq ft Drapers Gardens in the City, whttp://www.ukbusinessproperty.co.uk/news/article/174 Government announces plans to increase housebuilding- July 24, 2007 Housing Minister Yvette Cooper announced on Monday that the government planned to invest £8 billion over the next three years on increasing the supply of affordable housing—a £3 billion increase from its previous plans.&ldquohttp://www.ukbusinessproperty.co.uk/news/article/175 Planning White Paper discussed by Head of Planning at Cushman & Wakefield- July 23, 2007 By Ian Blacker, UK head of planning and environment, Cushman & WakefieldA recently published UK government White Paper promises to speed up and simplify some aspects of the country’s laborious 40-year old town and country planninhttp://www.ukbusinessproperty.co.uk/news/article/173 UK Balanced Trust to be bought by GE Real Estate in snub to SWUF- July 23, 2007 The directors of the UK Balanced Property Trust said today they had signed conditional contracts to sell the firm's entire property portfolio to GE Real Estate for 417.5 million pounds.The announcement of the deal, which the trust said rhttp://www.ukbusinessproperty.co.uk/news/article/172 Erinaceous to buy Eddisons for 10 million as it itself receives takeover suitors- July 20, 2007 Eddisons the prominent Northern auctioneer and property services business established in 1844 is about to surrender it's independance for a sum thought to be around £10 million. The 14 directors of the firm are based in 4 major northern cities, ahttp://www.ukbusinessproperty.co.uk/news/article/171 Edinburgh retail complex resold for 5million profit in less than a year- July 20, 2007 AN EDINBURGH retail and leisure complex Westside Plaza, which is located in the Wester Hailes area of the city has changed hands for more than £23 million, less than a year after being bought for £18m.The 200,000 sq ft property inchttp://www.ukbusinessproperty.co.uk/news/article/169 Erinaceous to buys Eddisons for 10 million- July 19, 2007http://www.ukbusinessproperty.co.uk/news/article/170 Robert Tchenguiz taking an interest in the MWB boutique hotel chain auction- July 19, 2007 Robert Tchenguiz, the billionaire property tycoon, is looking at Malmaison and Hotel du Vin, the boutique hotel chains being auctioned off by Marylebone Warwick Balfour (MWB).Tchenguiz has requested a copy of the sale documents, and told reporhttp://www.ukbusinessproperty.co.uk/news/article/167 Great Portland deliver 8.1%NAV growth backed by strong London office market- July 19, 2007 Great Portland Estates said today that adjusted net asset value per share rose 8.1 percent to 642 pence in the three months to end-June, beating market expectations and sparking a 4.5 percent rise in shares.Shares traded at 681 pence athttp://www.ukbusinessproperty.co.uk/news/article/166 Robert Tchenguiz M& B deal about to close- July 19, 2007 Robert Tchenguiz, the property entrepreneur who is expected to play a key role in the fate of J Sainsbury, is close to tying up a £4.5 billion property joint venture with Mitchells & Butlers (M&B), the pub group behind All Bar One and Harveshttp://www.ukbusinessproperty.co.uk/news/article/168 |