LONDON-Pharmaceuticals company Wellcome Trust has submitted an outline planning application to South Cambridgeshire District Council to build a 290,000-sf extension at its Wellcome Trust Genome Campus--where the human genome was first mapped--at Hinxton, Cambridgeshire.
LONDON-Specialist industrial investor Brixton has sold two multi-let industrial estates in North London and Milton Keynes to Henderson Global Investors. The move is part of Brixton's stategy of turning itself into an asset manager.
LONDON-Quoted developer and investor Quintain Estates has created a new limited partnership with Hermes Property Asset Management and Bank of Scotland. It is injecting 37 of its public houses into the fund, which it to be called Quart.
LONDON-US investment in Europe recorded its lowest level since 1997, according to Ernst & Young's <I>European Investment Monitor</I>. US Corporate investment in Europe fell 26% on 2000.
LONDON-TV production company Corinthian has taken an 85,000-sf building at Stanhope's 1.5 million-sf Chiswick Park development in West London. It will use the building as a production base for channels including TCC, Fox Kids, Screenshop and The Playboy Channel.
LONDON-Take-Up in the Central London office market hit a ten year low during the first quarter of 2002, according to Jones Lang LaSalle. But the agent says signs of recovery are already appearing.
LONDON-Take-Up in the Central London office market hit a ten year low during the first quarter of 2002, according to Jones Lang LaSalle. But the agent says signs of recovery are already appearing.
LONDON-The collapse in demand from technology companies has hit the UK business park market hard, with vacancies rising to a new high. However leasing activity is still higher than average for the past five years according to GVA Grimley.
LONDON-Haslemere, the Dutch-based UK property fund, has sold the mixed-use Beaucette Property Partnership which it managed in partnership with two other Dutch investors to a subsidiary of Cardinal Lysander.
LONDON-The collapse in demand from technology companies has hit the UK business park market hard, with vacancies rising to a new high. However leasing activity is still higher than average for the past five years according to GVA Grimley.