Hammerson Aims to Expand Via Reinvestment
The U.K. office and retail REIT’s strategy is to sell mature properties in order to raise cash for new investments.
Read the full article on www.wsj.com
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Hammerson Aims to Expand Via Reinvestment
The U.K. office and retail REIT’s strategy is to sell mature properties in order to raise cash for new investments.
Read the full article on www.wsj.com
Buy of the day
Kim Lomax recommends a little something to brighten up every day of the week. Check back each day for the next suggestion
Tuesday
Fox cushion, £65 by Donna Wilson
Demonised in the tabloid press, reaching new levels of unpopularity with the British public and back in fashion as neckwear, this is not a good time to be a [...]
Foreclosure Filed on Ritz Kapalua
The estate of bankrupt securities firm Lehman Brothers has filed court papers to foreclose on Hawaii’s Ritz-Carlton Kapalua resort, continuing the carnage in that state’s hotel sector.
Read the full article on www.wsj.com
Private rental property increase in upaid rent
Property landlords in the UK are reporting fewer arrears with only 16% seeing an increase in unpaid rent in the last 12 months.
Read the full article on Propertywire.com
Coca-Cola takes Invista pre-let in Uxbridge
Invista has secured a 108,884 sq ft pre-let with Coca-Cola Enterprises at New Bakers Court, its Uxbridge town centre office scheme.
Read the full article on www.propertyweek.com
Resolution buys 50% of Bremen retail scheme
Resolution Property has bought a 50% stake in the Waterfront shopping centre in Bremen, Germany, as part of a €130m joint venture with LNC Property Group.
Read the full article on www.propertyweek.com
Mark Denford joins Cushman
Mark Denford has joined as a partner in Cushman & Wakefield’s UK office agency team and will be based at its Thames Valley office.
Read the full article on www.propertyweek.com
LDA seeks manager for £50m green buildings fund
The London Development Agency has today launched the search for a fund manager to distribute a £50m fund dedicated to energy efficiency.
Read the full article on www.propertyweek.com
Wapping flats get go ahead
Architect Hawkins\Brown has secured planning consent for change of use from offices to residential at the Grade II-listed Metropolitan Wharf in Wapping, east London.
Read the full article on www.propertyweek.com