LONDON-In the biggest office deal for more than a year in Reading, Berkshire, the Dutch financial services group ING Direct is expanding to take all of Oracle's 65,000-sf office building at 560 Thames Valley Park.
LONDON-The National Housing Federation has bought the 30,873 sf Lion Court office development at Procter Street, London, WC1 from Bee Bee Developments for pounds 13.74 million ($26 million).
LONDON-P&O Developments has revised its long-delayed plans for the redevelopment of Elizabeth House at Waterloo Station, with a new application for 1.3 million sf of offices including a 33-story tower.
LONDON-P&O Developments has revised its long-delayed plans for the redevelopment of Elizabeth House at Waterloo Station, with a new application for 1.3 million sf of offices including a 33-story tower.
LONDON-Industrial specialist Ashtenne Holdings has paid pounds 33 million ($62 million) for the 815,000-sf Langley Park industrial estate in Chippenham, Wiltshire. The price reflects a net initial yield of 7.18%.
LONDON-Four months after completing their 205,000-sf office development at One London Wall London EC2, Hammerson and Kajima Europe have attracted the first tenant with Dewey Ballantine taking 31,500 sf.
LONDON-The Al Manar fund, managed by Kuwait Finance House, has bought a portfolio of three prime South East offices from Morley Fund Management for $104 million.
LONDON-The Al Manar fund, managed by Kuwait Finance House, has bought a portfolio of three prime South East offices from Morley Fund Management for pounds 56 million ($104 million).
LONDON-Canary Wharf and news agency Reuters have agreed to terms in a complex deal for Reuters to take over the 283,000-sf former London Underground building at 30 South Colonnade, Canary Wharf.
LONDON-Isis Property has sold Westside, its 188,000 sf office building in Hemel Hempstead, Hertfordshire, to a private investor for just under pounds 46 million ($85 million) reflecting a net initial yield of 7%.