LONDON-The fast-growing Charities Property Fund has targeted the distribution sector, buying a 62,000-sf distribution warehouse in Southampton, Hampshire.
LONDON-AIM-listed investor Halladale has bought four retail properties across Scotland through Halladale Ventures, its joint venture with Bank of Scotland Corporate Banking.
LONDON-The Midlands-based private property company Revelan, has bought a 52-acre industrial site next to the M1 motorway in Whetstone, Leicestershire from Alstom.
LONDON-Student and key worker accommodation specialist Unite has secured sites for a further 6,092 beds in London, Liverpool, Glasgow, Birmingham, Huddersfield, Southampton, Leicester, Cardiff and Preston.
LONDON-The Prudential is to sell off the final phase of its Knightsbridge Green project in central London. It is looking for offers for the prominent site opposite Harrods through Jones Lang LaSalle and FPDSavills.
LONDON-The latest first quarter results for serviced office operator Regus show the economic downturn is continuing to impact demand for flexible offices. Turnover is down 20% year-on-year and down 7% on the previous quarter.
LONDON-A new survey by King Sturge has identified the type of business retailers most like to trade alongside--and it seems they prefer coffee shops to pubs.
LONDON-Net investment in property by UK institutions during the first quarter of 2002 was more than in the whole of 2001, according to new analysis by brokers Gerald Eve.
LONDON-Take-up in the central London office market has begun to recover, with occupiers taking 50% more space in the first quarter than they did in the preceding three months, according to new research from DTZ.
LONDON-Occupier demand for commercial property is likely to stay subdued, reflecting a lack of confidence about the economy among businesses, according to a new survey of occupiers by Baring Houson & Saunders. But the retail sector is likely to be the first to recover.