UK Business Property - RSS FeedCommercial Property NewsBritish Land sells Solihull development for 161 million- September 10, 2007 British Land Plc said it has sold the 257-acre Blythe Valley Park site in Solihull to Doughty Hanson & Co Real Estate and US-based REIT Liberty Property Trust for up to £161 million.British Land said up to £17.5 million ohttp://www.ukbusinessproperty.co.uk/news/article/241 UK hotel prices have yet to peak say consultants at Knight Frank and CBRE- September 7, 2007 UK hotel property prices are yet to peak despite uncertainty caused by recent turbulence in the financial markets, according to property consultants.Rising default rates on US home loans have triggered an increase in the cost of credit aroundhttp://www.ukbusinessproperty.co.uk/news/article/239 HSBC's Canary deal not singing yet.- September 7, 2007 A refinancing of the HSBC building in Canary Wharf - which this year changed hands in Britain’s largest-ever single building sale - has been thrown into confusion.HSBC sold its London headquarters in April for £1.1 billion, but ithttp://www.ukbusinessproperty.co.uk/news/article/238 Center Parcs to develop 5th site near Woburn Bedfordshire in a 200 million investment- September 7, 2007 Center Parcs, the British holiday resort operator owned by U.S private equity firm Blackstone , said on Thursday it had won its planning appeal to build a fifth Center at Warren Wood, near Woburn in Bedfordshire.Center Parcs will be investinghttp://www.ukbusinessproperty.co.uk/news/article/242 Pressure mounts on Government to sort out policy on renewable energy and microgeneration- September 7, 2007 The government's proposed U-turn on the rule requiring new property developments to source at least 10% of their energy from renewable sources may be in breach of the law, according to green energy groups.The Sustainable Energy Partnership wrohttp://www.ukbusinessproperty.co.uk/news/article/237 Property Partnership funds caught by sloppy new Stamp Duty avoidance law- September 6, 2007 Two big property funds have had to suspend new investments and withdrawals after a Government attempt to crack down on stamp duty evasion caused their investors to be charged twice. UBS Triton and ING Lionbrook, Britain's biggest two property-holding parthttp://www.ukbusinessproperty.co.uk/news/article/236 Retailers may have to fund city improvements via Business Improvement Districts- September 6, 2007 The British Retail Consortium (BRC) is bringing together major retailers in a joint membership of British Bids, the new national body for Business Improvement Districts (BIDs).A BID is a defined area of a town, city or commercial districhttp://www.ukbusinessproperty.co.uk/news/article/235 Hammerson warn of threat to City office market as financial market weakness hits space needs- September 5, 2007 Hammerson has warned that the City office market is in danger of being damaged by the fall-out from the continuing turbulence in the financial markets.The warning from the developer of the old London Stock Exchange building will send shuddershttp://www.ukbusinessproperty.co.uk/news/article/234 Land Securities looking to improve share performance as predators move in.- September 5, 2007 Land Securities, Britain's largest property company, is examining whether to demerge its Trillium outsourcing business as one of several possible strategic moves to increase its share performance.A shake up at Land Securities is likely to trighttp://www.ukbusinessproperty.co.uk/news/article/232 Light is cast on Walker House Liverpool redevelopment scheme- September 5, 2007 UK LAND and Property borrowed £50m from Anglo Irish Bank to fund its purchase and refurbishment of Walker House in Liverpool city centre, it has been revealed.The agreement to buy the 300,000 ft property, part of the Exchange Flags complhttp://www.ukbusinessproperty.co.uk/news/article/231 |