UK Business Property - RSS FeedCommercial Property NewsJapanese patisserie franchise expands in UK with next 3 of 25 store programme.- June 10, 2008 Jones Lang LaSalle secured the first store for Beard Papa's, a Japanese specialist patisserie franchise, in Europe in November 2006. Situated on the corner of Oxford Street and Berwick Street in the heart of the West End; it has become the most profhttp://www.ukbusinessproperty.co.uk/news/article/742 Macquarie back in the bidding for Trillium- June 9, 2008 Macquarie, the Australian investment bank, is back in the race for Trillium, the outsourcing and infrastructure arm of Land Securities, according to a report in The Independent on Sunday. The newspaper said that Land Securities snubhttp://www.ukbusinessproperty.co.uk/news/article/738 Gazeley sold by Asda for over 300million to Dubai World- June 9, 2008 Gazeley, the industrial property developer owned by Asda Wal-Mart, is to be sold to Dubai World, the sovereign wealth-backed investor, for more than £300m, the FT reports.Jebel Ali Free Zone (Jafza), the logistics development and busineshttp://www.ukbusinessproperty.co.uk/news/article/737 Values in The Mall fund continue to fall as capital raising is delayed- June 9, 2008 Struggling property fund manager Capital & Regional said on Thursday it had postponed a unitholder meeting to discuss an emergency fundraising after averting a breach of loan terms linked to in its flagship community shopping centre fund The Mall.brhttp://www.ukbusinessproperty.co.uk/news/article/739 Helicar Bar reports 32.8 million loss after property revaluations, as Slade warns of Double-dip in values coming- June 6, 2008 Helical Bar has maintained its dividend despite falling into the red last year after taking a hit on property values, reporting a loss before tax of £32.8m in the year to 31 March after showing a profit of £40.6m the year before.Thhttp://www.ukbusinessproperty.co.uk/news/article/733 IPF survey reveals less hope of recovery in commercial property in 2009- June 6, 2008 Property fund managers, analysts and advisors are less hopeful of a 2009 bounce in UK commercial property returns than they were three months ago, a survey showed today.According to the quarterly survey by Investment Property Forum (IPF), capihttp://www.ukbusinessproperty.co.uk/news/article/735 Humberts return Richard Harding to previous owners- June 6, 2008 Humberts has sold Richard Harding Estate Agents for £1.06 million,of which £60,000 pounds was paid in cash and the balance represents the cancellation of the outstanding deferred amount of £1.0 million.It has been sold back to the originhttp://www.ukbusinessproperty.co.uk/news/article/736 King Sturge report Edgbaston drawing office demand away from Birmingham City- June 6, 2008 King Sturge reports that 35,000 sq ft of prime grade A office space at Fifty4 Hagley Road Edgbaston is to be let to a top public sector organisation and a further 2,223 sq ft has also been let at Fifty4 to top construction recruitment consultancy O'http://www.ukbusinessproperty.co.uk/news/article/734 Quintain Estates reports 11.5% drop in NAV but claims to have outperformed the market- June 5, 2008 Quintain Estates and Development said it had outperformed the general property market in its year to March, thanks to its focus on less cyclical areas such as student accommodation and healthcare, where returns were linked to inflation.It repohttp://www.ukbusinessproperty.co.uk/news/article/732 Goold Estates defy credit crunch with 2 million industrial estate purchase- June 5, 2008 Walsall based Goold Estates has not let the credit crunch hamper its plans for growth and has acquired the four-and-a-half-acres Cookley Wharf Industrial Estate in Brierley Hill for £2 million. It will substantially improve and modernise the shttp://www.ukbusinessproperty.co.uk/news/article/731 |