LONDON-Specialist industrial asset manager Ashtenne Holdings has bought a 550,000-sq ft logistics warehouse in Amersfoort, near Utrecht, Netherlands, for pounds 8 million ($13 million) from logistics group Hays.
LONDON-The new headquarters for sportswear manufacturer Pentland International has been selected as the best new office development by the British Council for Offices, with other awards going to schemes in London, Edinburgh and Gatwick.
LONDON-Specialist industrial asset manager Ashtenne Holdings has bought a 550,000-sq ft logistics warehouse in Amersfoort, near Utrecht, Netherlands, for pounds 8 million ($13 million) from logistics group Hays.
LONDON-PillarCaisse, the joint venture between Pillar Property and Canadian investor SITQ, has sold the Castle Quay shopping centre in Banbury, Oxfordshire to Scottish Widows for pounds 101.3 million ($170 million).
LONDON-Planning consent for St Oswald's Park, Hammerson's 370,000-sf mixed-use project in Gloucester, has been confirmed by Deputy Prime Minister John Prescott following a public inquiry.
LONDON-At a time when the average house price in the UK is growing by nearly 20 per cent per year, there are still places where the market is in collapse. In parts of Manchester owners are simply abandoning properties that have no value. The UK government has just pledged pounds 125 million ($210 million) to reverse this trend.
LONDON-Two consortia of private Irish investors have sold prime properties on the city's Bond Street, raising pounds 18.5 million ($31 million) in the process.
LONDON-HBG Properties has obtained planning consent for a new 68,880-sf headquarters building overlooking the Floating Harbour in Bristol City Centre. Work will start on site in January 2004.
LONDON-Terrace Hill and The Longford Group have completed their speculative office development at 16 Berkeley Street, London W1 and, having failed to find a pre-letting, they are now marketing it at pounds 65 ($110) per sf.
LONDON-Workspace Group has spent pounds 19 million ($32 million) on increasing its portfolio of industrial estates in the Greater London area. The acquisitions include a portfolio of seven estates bought from the London Borough of Lambeth.