LONDON-Specialist Central London investor Rugby Estates is to inject its substantial landholdings in the Covent Garden area into a new limited partnership formed jointly with Baring Houston & Saunders, part of the Dutch financial services group ING.
LONDON-Ken Livingstone, Mayor of London, told a House of Commons Select Committee that London risks losing its position as the predominant financial centre in Europe without more tall buildings.
HELSINKI-The global real estate investment bank W P Carey International has agreed a $24.6 million ( 28 million) for a sale and leaseback on the PerkinElmer reseach and production facility in Turku, Finland.
LONDON-Take-up in the M25 office markets bounced back in the final quarter of 2001, according to Knight Frank's latest research. But a lack of pre-lettings means availability has risen almost 50% during 2001.
LONDON-Take-up in the M25 office markets bounced back in the final quarter of 2001, according to Knight Frank's latest research. But a lack of pre-lettings means availability has risen almost 50% during 2001.
LONDON-Although occupational costs have fallen by 16% over the past six months, the most expensive distribution space in the world can still be found at London's Heathrow airport according to new research from King Sturge.
LONDON-Capital & Regional has continued its transformation from property company into asset manager with the proposed sale of its shopping centre portfolio to a new fund set up as a limited partnership with Morley Fund Management. It has already made a similar move with its out-of-town portfolio.
LONDON-Computer security group Symantec has taken advantage of depressed property values in the Western Corridor to buy the freehold of Hines Meadow, a 54,094-sf office complex in Maidenhead, Berkshire.
LONDON-The most expensive office space in the world can still be found in London's West End, despite a 9% fall in costs over the past six months, according to a new survey from agent King Sturge.