LONDON-A public row has broken out between property giants Chelsfield and TrizecHahn over the valuation of their joint-venture colocation company Global Switch.
LONDON-Workspace Group has bought the 64,560-sf Westbourne Studios complex of offices and workshops near Ladbroke Grove west London to add to its portfolio of small business units across London and the South east.
LONDON-PRICOA Property Investment Management, part of the Prudential Insurance Company of America, has sold suburban shopping mall in Bromley, South London, on behalf of the Hanover Property Unit Trust.
LONDON-The South Coast office market has received a boost with the letting of the 70,000-sf Forum One building on the Solent Business Park between Southampton and Portsmouth to business support group Amey.
JOHANNESBURG-Catalyst Holdings has launched a new South African property fund which will specialise in 'bare dominium' properties. These highly reversionary assets carry the prospect of strong capital growth.
LONDON-Industrial rents across the UK have held up despite the economic slowdown, according to new research from ATIS Real Weatheralls. A shortage of stock is helping to underpin rents.
GLASGOW-Taylor Woodrow Property Company has secured the Inland Revenue as a tenant for its 30,000-sf Silverburn House office development on the Almondvale Business Park in Livingston, Scotland, and it immediately sold the property to an offshore investor.
LONDON-Troubled North American fibre optics company, JDS Uniphase, has successfully exited its 46,000-sf facility at the Oxford Industrial Park through a lease assignment to laser microfabrication group Exitech.
LONDON-Troubled serviced office operator has announced a string of outsourcing deals in both Europe and the Americas as it attempts to exploit the growing trend towards corporate outsourcing.
LONDON-The office market in the West End of London had a poor year in 2001 with availability rising and prime rents falling, but new research from King Sturge shows that the situation would have been far worse had it not been for a surge in Government property activity, which accounted for 23% of all West End take-up.