LONDON-Taylor Woodrow has sold the 170,000-sf Ankerside shopping centre in Tamworth, Staffordshire, to a new limited partnership created by Commercial Management and Vale Retail for Pounds 21 million ($30 million).
LONDON-Capital Shopping Centres, the UK arm of South Africa's Liberty International, has agreed to buy out Lend Lease's 510,000-sf Chapelfield shopping centre development in Norwich, Norfolk on completion in 2005.
LONDON-British Land has secured an enhanced planning consent for No2 Plantation Place, the second phase of its redevelopment of Plantation House in Fenchurch Street, London EC3, adding 12,820 sf to bring the phase to 155,242 sf.
LONDON-The seven-year planning battle over the redevelopment of the Southgate shopping centre in Bath, Somerset, has finally come to a close. Bath & North East Somerset Council has given Morley Fund Management and Shearer Property Holdings planning permission.
LONDON-Salmon Harvester Properties has added to its development portfolio around London's Heathrow airport. It has bought 150 Great South West Road from
LONDON-Salmon Harvester Properties has added to its development portfolio around London's Heathrow airport. It has bought 150 Great South West Road from DHL and plans a 32,500-sf office scheme.
LONDON-Investment levels in the West End of London--the world's most expensive office location--have plummeted according to new research from FPDSavills. Investment levels in the first quarter of 2002 were the lowest for almost a decade.