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Online real estate investment platform BrickVest has announced its first successful exit from the first pan-European online crowd investing platform. Generation Investment Management, a leading shareholder in JLL chaired by former US vice president Al Gore, has made a plea to its clients to back its call to oust chair Sheila Penrose following its allegations of pay-for-failure at the real estate agency giant last week.

Angle Property has sold a acre residential development site in Walton-on-Thames to Bellway Homes. Gazit-Globe has announced the formation of a new subsidiary company, Gazit Horizons,to invest in US real estate.

Manchester City Council has selected Far East Consortium to deliver its Northern Gateway project, which aims to create 10, new homes over the next decade with a focus on sustainability. Valor Real Estate Partners has acquired on behalf of its clients asq ft distribution asset in Milton Keynes, in an off market deal from British Asian businessman Gulu Lalvani.

Two former JLL senior directors have officially launched a new niche advisory firm focused on the central London investment market. Retirement living provider Adlington has announced plans to open seven new high-end developments schemes across the North West and Staffordshire. The RICS has revealed that it will review the controversial practice of dual agency, otherwise known as double-dipping, outside the UK after moving to ban it in this country.

Urban Exposure has provided a senior debt facility for the development of apartments in the Digbeth regeneration area of Birmingham city centre. BrickVest has announced the launch of its first commercial real estate debt investment opportunity in partnership with Venn Partners.

London is the top destination for ultra-high-net-worth-individuals UHNWIaccording to the Knight Frank Wealth Report Hammerson delivered better-than-expected net asset value NAV growth in full-year results on Monday, boosted by the strong performance of its premium outlet investments. M7 Real Estate has made its first acquisitions on behalf of its latest UK fund, M7 Real Estate Investment Partners VI.

Standardised forms of non-disclosure agreements and exclusivity agreements have been published by the Investment Property Forum IPF in a bid to improve efficiency. Goodman has bought a 40 acre site in the East Midlands and revealed plans for a joint venture development with Wilson Bowden. Newcastle investment advisors Tier One Capital has launched a new London Stock Exchange investment trust to support a pipeline of northern property developments.

Global Alternatives, the alternative investments group, has announced the first deal open for crowdfunding on its re-launched Property Crowd platform. Private equity giant Blackstone is planning an assault on the European urban logistics sector after acquiring a portfolio of French assets managed by M7 Real Estate.

Ireland was the most active country for real estate distressed debt transactions duringaccording to the latest figures from Evercore Real Estate Portfolio Solutions. First Property Group, the property fund manager and investor, has established a new fund with three Oxbridge colleges. Investment volumes in the final quarter of fell by Chinese investment into UK property is showing little sign of slowing despite a tightening of restrictions on the outflow of capital from the country.

HighBrook Investors has acquired two portfolios of office properties in the Netherlands in two separate deals with Hanzevast Capital and Internos Global Investors.

Man Group has completed its acquisition of Aalto Invest Holding, which allows it to enter the US homes market. The Cabinet Office has sold the acre Sunningdale Park estate in Berkshire to Berkeley Homes and Audley Retirement.

First Property Group has bought a portfolio of three regional supermarkets from British Land for its Shipbuilding Industries Pension Scheme SIPS fund. Middle Eastern investors have turned to regional assets in the wake of the EU referendum, according to research by Savills. Hines has expanded its student housing platform from the UK to Ireland after buying a Dublin city centre portfolio on behalf of a group of German pension funds.

SEGRO has acquired asq ft distribution warehouse in Northampton in exchange for two recently developed Premier Inn hotels in Uxbridge and Edmonton. Bridges Ventures has sold all the units in two Midlands-based SME office buildings after carrying out comprehensive refurbishment works.

The sale of CityPoint Tower in the City of London to Brookfield has completed, receivers from KPMG have announced. The biggest North American investors in UK listed property companies significantly increased their holdings immediately following the EU referendum and have since switched from investing in the biggest REITs to smaller companies, data from Radnor Capital Partners has revealed.

Tritax Big Box REIT has agreed to forward fund asq ft distribution facility at Prologis Park Fradley, Staffordshire.

A new real estate investment management company called Pure Global Capital PGC has launched with an initial focus in the UK on student housing. Assura, the primary care property investor and developer, has revealed a rise in net asset value NAV per share and profits for the first half of its financial year. Hammerson has agreed what is understood to be the largest ever US private placement by a UK property company.

MPs have warned that local authorities may be taking excessive risks by investing in property to generate revenue. Clearbell Property Partners II LP has bought asq ft mixed-use scheme in Coventry, in what is expected to be the final acquisition made by the fund. Ardian Real Estate has made its debut deal with the acquisition of an office and industrial park in Munich from Publity AG.

Interest in London property among private investors has outstripped that of institutional buyers in recent months, according to CBRE. Discovery Park, the former Pfizer research centre on the east coast of Kent, has been bought by investment company Discovery Park Estates. The only major European cities to have poorer prospects for the year ahead than London are Istanbul, Athens and Moscow. Swiss Life Investment Managers has completed its acquisition of UK company Mayfair Capital Investment Management.

Levels of overseas property purchases by Chinese investors remain strong and are gaining momentum, according to a study by Knight Frank. Clearbell has sold a 1. Chinese property investment company COS Capital has shrugged off the Brexit threat to kick off a major investment programme in Europe. PGC Capital and McCafferty Asset Management Group have formed a strategic partnership to jointly launch the first UK logistics warehouse investment scheme fully backed by Chinese investors.

Net selling by UK institutions hit its highest level since the financial crisis in the third quarter and helped limit the wider slowdown in the investment market, according to data from Lambert Smith Hampton. Global finance giants Greystar Real Estate Partners and Macquarie Capital have joined forces for a build-to-rent push in the Asia-Pacific region.

Mayfair Capital Investment Management, the UK real estate investment management company, has been snapped up by Swiss Life Asset Managers, part of the Swiss Life Group. Thor Equities has appointed Toby Cooper as executive director of European investments, with a primary focus on the London market.

Round Hill Capital, real estate investment and asset management firm, has appointed Rob Reiskin as a senior managing director, member of the executive and investment committees and head of the US. Henderson Global Investors is to reopen its UK Property PAIF and feeder fund in mid-October after making good progress with the sales of key West End properties.

UBS Asset Management has completed the final sale from its central London office fund, marking the formal termination of one of the best performing funds in the UK. Palace Capital has completed the acquisition of a 75, sq ft multi-let office building in Manchester. Capital values fell by 3. The Church Commissioners, which manages the historic assets of the Church of England, has appointed M J Mapp to manage its strong commercial property portfolio.

The size and value of the UK commercial property market hit its highest level ever inaccording to the IPF research. Newcore Capital Management has acquired the Antelope car dealership site in Banbury as an investment for one of its funds.

The UK commercial property market has seen a sharp drop in confidence and investor demand following the Brexit vote last month, according to the latest RICS UK Commercial Property Market Survey. Aviva Investors is the latest retail fund to begin selling off assets to repay redemptions, putting a Midlands shopping centre on the block. Former Commercial Estates Group head of acquisitions Dan Dutton and CBRE director Charlie Batten have shrugged off concerns about Brexit and launched a real estate investment business focused on the regions.

The UK has voted to leave the EU in a sensational referendum result that has already left financial markets reeling and will have far reaching consequences for the property industry. Market Tech Holdings will take centre stage on Tuesday when the owner of Camden Market reveals its results for the 12 months to 31 March.

Schroder Real Estate Investment Trust, the UK-focussed REIT, has posted a Former top executives from Gatehouse Bank are launching a new company that will marry Middle Eastern money with investment opportunities in the West.

Henley Investments has expanded into the US market with the opening of two offices in Boston, Massachusetts, and Orange County, California. Scottish Rugby is seeking offers for a hotel development opportunity on land near the entrance to the BT Murrayfield Stadium in Edinburgh. Vengrove has bought a 45, sq ft office building in north London with plans to carry out a comprehensive refurbishment. Singaporean investor City Developments Limited CDL has bought an office building in Shoreditch that is earmarked for redevelopment.

A Morgan Stanley Real Estate Investing and C2 Capital joint venture, industrials. Bridges Ventures has completed the sale of a Leeds city centre office and retail building to GM Legato Property. Derwent London has stated occupier demand has not been affected by the forthcoming EU referendum. Investor appetite from the Middle East has been a rare ray of light for the central London investment market this year. Singapore Warehouse Company is on the verge of buying a Guardian Media-let office building, Herbal Hill in Clerkenwell.

Hong Kong-based real estate investment group Peterson Group has taken a strategic stake in London based multi-family office and property investor LJ Partnership. Kier Property has bought a six-acre site in Basingstoke with plans to develop asq ft speculative industrial scheme. National Grid has appointed BNP Paribas Real Estate to oversee the sale of former industrial sites across the UK.

The hotels are available as a portfolio or as individual assets. A private Chinese investor is on the verge of buying 6 Bevis Marks in a deal that will be seen as a much-needed shot in the arm for the City of London market. Valad Europe has bought a portfolio of 22 multi-let industrial properties in central and eastern Europe from Aviva Investors. Commercial Estates Group has bought the Exchange Station office building in Liverpool from the Homes and Communities Agency.

City of Glasgow College has sold four city centre buildings to be converted into a mix of student housing and offices. Tritax Big Box REIT has reported a tripling in profit, a rise in its net asset value per share, and increase in its dividend, after expanding its portfolio over the course of last year.

Real estate investors across the Europe, Middle East and Asia EMEA regions intend to be very active in Foreign companies wishing to buy property in England and Wales could be forced to reveal details of their ownership under new proposals from the Department for Business, Innovation and Skills BIS. Shopping centres in prime cities and healthcare assets in France and Germany have topped a list of the top ten European investment hotspots, produced by Savills.

Union Investment has bought a nine-storey office development in Manchester from Allied London for its UniInstitutional European Real Estate fund.

Real Estate Investors, which converted to a REIT at the beginning ofmore than doubled profit last year as the value of its assets leapt M7 Real Estate has put its faith in the Dutch real estate market by buying 15 office and retail properties for its latest European fund.

IDI Gazeley has bought an industrial development site in Bedford with plans to speculatively develop asq ft warehouse. A good barometer of the property market is how hard it is to get agents on the phone: The property industry is much more confident about the coming year than the next five years, a survey commissioned by the British Property Federation BPF and Grosvenor has found.

Bilfinger GVA has sold a 36, sq ft office building at Doxford International Business Park and secured instructions to market two more properties at the estate. Clydebuilt Limited Partnership has bought Shawlands Shopping Centre in Glasgow from Shawlands Retail.

Grosvenor has sold its year leasehold interest in 33 Grosvenor Street to the Real Assets Global Opportunity Fund I, managed by Floreat Real Estate. Land developer Kitewood has sold a 2.

A fund raised by Palmer Capital in the depths of the recession in with investments from its own directors and senior figures at GVA Grimley, now Bilfinger GVA, has been relaunched as an open-ended vehicle.

Stobart Group has completed a sale and leaseback deal with Gramercy Europe on a distribution warehouse at Carlisle Airport. Oval Real Estate has bought the tallest high-rise office tower in Bristol with plans to renovate part of the building. Serviced office provider Strathmore Business Centres has bought a grade A listed townhouse in Edinburgh from a private vendor.

Pramerica Real Estate Investors has bought an eight-unit retail property in Chelsea let to tenants including Ralph Lauren from Residential Land. Shoe retailer Brantano has been bought out of administration by former owner Alteri, which has bought 81 shops and 59 small concessions. Plans for a room hotel in central Edinburgh are set to go ahead after Grosvenor sold the development site to Queensgate. Primary Health Properties PHP is looking to invest in the Republic of Ireland for the first time - hot on the heels of its rival MedicX Fund, which made its debut Irish acquisition last year.

Total returns from UK real estate will total around 6. Grosvenor Group has made its first foray into sub-Saharan Africa with an investment in a development fund targeting retail, office and industrial assets in the region.

Evans Randall founder Michael Evans has been bought out of the business by his partners after stepping down from the business last year. UK property delivered strong total returns of Canary Wharf is poised to pack a punch this year with the strongest central London office rental growth — Network Housing Group NHG and Stanhope have exchanged on Grosvenor House, in Drury Lane, Covent Garden, and on a framework deal to drive the build-to-rent market in London.

Ediston Property Investment Company EPIC is eyeing more deals and asset management opportunities after delivering growth in net asset value NAV per share of 8.

Investors in the Glanmore Property Fund have voted to become a REIT - but the plan hangs in the balance because many of them want to withdraw their cash. Schroders global head of real estate Duncan Owen has his sights firmly set on Asia as the investment manager looks to boost its international presence. A surge in investment from overseas helped drive UK commercial property deal volumes to an all-time high last year, with North America leading the charge, according to Lambert Smith Hampton LSH.

Just as Middle East and Far East investors are viewing the London market more cautiously, the lifting of sanctions on Iran is opening up another source of investment. But how significant will Iranian cash become? Greystar Europe Holdings has today announced the acquisition of a Strengthening confidence in the occupier market is predicted to boost the appeal of the European commercial real estate market inaccording to a report from Savills.

Investment in UK commercial property hit an all-time high in despite a slowdown in the second half of the year, new research by Lambert Smith Hampton LSH has revealed. The commercial market experienced strong transaction volumes last year against what remains a generally benign economic environment, but it has not been hard to detect a growing sense of caution in recent months. Patrizia has acquired a 1.

Budget hotel operator easyHotel has bought a site in Barcelona to develop its first owned hotel outside the UK.

Dubai-based property group Al Gurg is on the cusp of buying a City of London office building, continuing its spending spree in the capital as the collapse of oil prices sees Middle Eastern investors look to increase their overseas exposure.

The Greater Manchester Property Venture Fund GMPVF has agreed a deal with regeneration company Urban Splash to fund a development in New Islington, Manchester. Brookfield Property Partners has bought Potsdamer Platz in Berlin in a joint venture with an Asian sovereign wealth fund. Prologis has completed the sale of a portfolio of UK industrial properties to the Henderson UK Property fund.

Boultbee Brooks Real Estate BBRE has sold a Shoreditch commercial and residential unit to investment firm Four Daughters. This year has been marked by a number of wins where I felt a lot of the heavy lifting of the past several years was paying off, only to wake up, in some cases the next day, to find I was facing some of the greatest challenges of my career.

An affiliate of HIG Capital has completed the acquisition of two regional shopping centres: The Kennet Centre in Newbury and the Kirkgate Centre in Bradford. The US Federal Reserve has elected to raise interest rates in a move that has been welcomed by property and financial commentators. CBRE has given a bullish forecast for UK commercial property, predicting positive returns through to Robert Ware was involved in one of the biggest-ever deals with the buyout of MEPC.

Morgan Stanley Real Estate Investing MSREI has acquired a Moscow-based investor RWM Capital has made its first foray into the UK commercial property market with the purchase of an office building in Glasgow. The University of Edinburgh has bought a former surgical hospital building which is part of the Quartermile development. Madison International Realty has acquired a Business secretary Sajid Javid has outlined government plans to boost trade and investment in the Midlands.

At 35, Rishi Passi has already bought, sold and developed residential property on three continents. Now his UK alternative development finance firm Oblix Capital has growth ambitions of a different sort in the UK. Aston Student Village is to sell its 3, bed student accommodation complex adjacent to Aston University in central Birmingham.

AXA Investment Managers - Real Assets has bought a site in Bristol city centre with potential to providesq ft of office space. LKAB Minerals and the Shoreham Port Authority have sold a 2. CIT Group has bought a storey office building in east London from Hermes Investment Management.

Savills Investment Management has continued its Dutch investment drive with the acquisition of a retail park in Tilburg. Manchester City Council and the Homes and Communities Agency are seeking an investment partner for a scheme to deliver thousands of homes on the northern edge of the city centre.

But how much difference has the code has made and what more needs to be done? Pramerica Real Estate Investors and QInvest, a Qatari investment bank, have bought a portfolio of 16 retail properties located across Germany through a new joint venture.

British Land is set to develop asq ft food and leisure extension to its Meadowhall shopping Centre in Sheffield, Property Week can reveal. Derwent, the London developer, has had its best year for letting in its history, the group reported in a trading update this morning.

JLL has appointed Simon Scott as regional director to head the residential investment team in London. EasyHotel has agreed a development partnership with UAE-based MAN Investments to develop its hotels in the Middle East.

The parent company of Street Feast has launched a crowdfunding campaign to build a permanent street food market in central London. International investment in UK regional property is on course to hit a year high, according to analysis by Savills. US-based hotel owner and operator Highgate Hotels and investment bank Goldman Sachs have bought a portfolio of 10 hotels across Europe from the Austrian Koller family.

US private equity giant Blackstone has pounced to acquire Broadgate Quarter in the heart of the City of London. Asian capital remains part and parcel of the European investment cycle despite uncertainty in the Chinese stock market, a report from Colliers International has found. The largest privately owned network of science and technology parks in the UK has been put up for sale by the Mars Pension Fund.

Chinese investor Beijing Capital Development Holdings BCDH has agreed a deal to buy Friary Court in the City of London. Hammerson and Allianz Real Estate have completed the acquisition of Project Jewel — the loan portfolio secured against Irish retail properties including Dundrum Town Centre. A 1,acre residential site in Northamptonshire has been put on the market by developer Bela Partnership.

Of all the overseas investors who have piled into the UK property market over the past 10 years, the clear winners have been private equity players from North America. Market operator Group Geraud has acquired the 90, sq ft Prescot Shopping Centre in Merseyside. JP Morgan has shelved plans to sell a huge development site in Canary Wharf, with senior management considering relaunching its plans for new headquarters on the site.

Talk of late has centred on where we sit within the cycle, with certain industry analysts calling the top. Blackstone has acquired a pan-European portfolio from Munich-based Real I.

BAM Properties is to sell its Salford Quays office building, Metro, after letting the remaining space in the scheme. The home of antique jewellery dealer S J Phillips on New Bond Street has been put up for sale for the first time. Harworth Estates has agreed to sell a development site at its Logistics North development in Bolton to Exeter Property Group.

From a standing start less than two years ago, the rise of the Tritax Big Box REIT has been nothing short of phenomenal. Fund manager Colin Godfrey explains where it goes from here. Tritax Big Box REIT has completed the land purchase and provided forward funding for the development of a new regional distribution facility, pre-let in its entirety to discount fashion retailer TK Maxx. Allsop has announced that Scott Tyler is to become senior partner of Allsop as Neil Mackilligin is set to stand down as a partner in March Green Property has sold a prestigious building on Berkeley Square that was formerly owned by convicted fraudster Achilleas Kallakis.

This year is on track to be a record year for investment in the South East office market, while leasing activity is set to accelerate rapidly in the second half of the year, according to research from JLL.

Hines and Lone Star have formally launched the sale of their holdings in the Brindleyplace estate in Birmingham, in what is one of the largest commercial property investments to come to market in the city in recent years.

Price pressure in European investment markets is continuing to keep real estate return expectations in check, according to the latest investment climate study by Union Investment. The Fleet Street headquarters of law firm Freshfields Bruckhaus Deringer has been put up for sale by the Malaysian Employees Provident Fund EPF. Fifty years after gaining independence, during which time it has become a role model for Far Eastern economic powerhouses, Singapore celebrated its golden anniversary this year.

Royal London Mutual Insurance Society has completed the acquisition of a multi-let industrial estate in Welwyn Garden City, Hertfordshire, from Schroder UK Real Estate Fund SREF. The investment market for retail warehouses significantly increased in the first half of compared with the first half ofaccording to new research from DTZ.

Following its acquisition of Hallmark Hotels and Menzies Hotels, private investment firm Topland Group has announced that it will relaunch and extend the Hallmark brand to cover all 20 properties.

Moorgarth Group, backed by South African billionaire Christo Wiese, and CCD Properties have formed a joint venture company to focus on the development of food stores and mixed-use opportunities in the South East. How much is enough? Nordic property investment manager Sveafastigheter has sold a property portfolio to Partners Group for SEK3.

Appetite for residential investment among institutional investors has never been higher, and large numbers are looking to trade out of other sectors to fund deals, a survey by Internos has found. Where is the bounce? The question has been on the lips of many a high-end London residential agent since the general election. Savills Investment Management has completed the acquisition of German group SEB Asset Management.

Cornerstone Real Estate Advisers Europe, a subsidiary of investment manager Cornerstone Real Estate Advisers, has appointed Rachel Arden-Davis as director, finance and operations pan-European funds.

The average size of deals in the European commercial property market reached its highest level since in the second quarter of this year, driven by an increase in large-scale transactions. UK Commercial Property Trust UKCPT reported its first set of results last week under new fund manager Will Fulton, who took over from Robert Boag earlier in the year. Tritax Big Box is closing in on a major refinancing in a bid to cut its cost of borrowing and release additional funds for investment.

Inspired Homes has come up with an unusual offer to investors in order to raise capital for its office-to-residential schemes in London. The first half of has witnessed the highest levels of commercial property investment activity in Europe sinceaccording to a Savills report.

Former Marks and Spencer chief executive Lord Stuart Rose and former BHS boss Terry Green have both given their backing to the developer Select Property Group. LCP, the quoted residential investment company, has launched a residential fund, London Central Apartments III LCA III to offers investors shares in a seed portfolio of around 50 properties across London. CBRE Global Investors has bought the Angel Shopping Centre in Islington, London, from Warburg-HIH Invest Real Estate.

Hibernia REIT has formed a Supermarket investment transaction activity is at its highest level since the third quarter ofaccording to research from Real Capital Analytics. Slowing economic growth, a stock market crash and now a currency devaluation. The news coming out of China is looking increasingly grim - but what does it all mean for real estate? Lothbury Investment Management, on behalf of Lothbury Property Trust, has agreed a deal to forward fund a warehouse and headquarters facility on a site owned by Chancerygate.

Reports last weekend suggested that Morrisons is set to offload M Local convenience stores to investment firm Greybull Capital as the grocer seeks to focus on its traditional supermarket estate. Fund management giant BlackRock has landed a prime office building in Uxbridge as it looks to grow its holdings in the thriving South East office market.

The West End of London Property Unit Trust WELPUT has acquired its second office building in the City of London as it continues to spread its focus across central London. Finsbury Tower, thesq ft office building in the heart of the tech belt near Old Street, is under offer to private equity investor CIT Group.

Strong investment activity has seen yields continue to compress in many European markets with the best buying opportunities existing in the industrial sector, according to research from DTZ. Almacantar has completed the forward purchase of two significant office developments at One and Two Southbank Place at the Shell Centre development on the South Bank. Retail specialist Ellandi and sustainable investor Bridges Ventures have formed a joint venture to invest in community shopping centres across the UK.

A Morgan Stanley Real Estate Investing and C2 Capital joint venture, Industrials. SEGRO has revealed plans to focus increasingly on development and take advantage of the strong industrial market to selectively sell assets.

UK real estate company Centurion Properties has acquired Lawnswood Business Park in Leeds, through Centurion Capital Partners, a new vehicle funded by property investment manager ICG-Longbow. Sales of UK hotels have more than doubled in the first half of this year, compared to the same period in Chinese investment into Britain has remained stable, despite reports of a surge in interest from Chinese investors seeking to escape stockmarket turmoil.

Shaftesbury, the West End-focused REIT, has gained planning consent from Westminster City Council to develop a major mixed use block in Chinatown. Workspace Group, the London developer of space for small and growing companies, has revealed rent roll leapt 8.

Union Investment has committed to forward fund the development of Burlington House, the largest new speculative prime office building in Dublin city centre. Singapore-based investment and development company Heeton Holdings has acquired a 2. Grainger shares rocketed to an annual high this week amid growing speculation that the residential giant could be the subject of a takeover.

Private equity group Lone Star has created a new company, Amaris Hospitality, to bring together a portfolio of 89 UK hotels. Real estate fund manager Rockspring is the frontrunner to buy the Friars Square shopping centre in Aylesbury, Buckinghamshire.

IDI Gazeley, a global investor and developer of logistics warehouses and distribution parks, has revealed a newsq ft food distribution centre for SLL, a subsidiary of Rigterink Logistik Gruppe, on a site close to Frankfurt. India based real estate group Sobha Group has joined as a shareholder in RootCorp, the investment manager specialising in global real estate investments. International real estate firm Hines has bought the freehold of a seven-storey retail and office building on Princes Street in Edinburgh city centre, on behalf of the Hines Pan-European Core Fund HECF.

Investec Structured Property Finance and Linden Homes have entered into a The total amount of speculatively developed big-box shed space to hit the market since the end of the recession will rise to 8.

London is running out of space to bury its dead, but enterprising property professionals are scenting an investment opportunity. A pan-European real estate private equity firm has been launched by a trio of investors and Alpha Real Capital. Savills Investment Management has formed a joint venture with China Minsheng Investment Capital CMIC to launch a series of global real estate funds. A strong combination of leasing activity and supply constraints has driven the Central London office market during the first quarter ofa new JLL report has found.

Private equity real estate investor Henley has entered the large-scale masterplan and residential development land market as political pressure mounts to boost housing supply. The uncertainty caused by the general election failed to dent investor activity in the first quarter ofreveals the latest Lambert Smith Hampton UK Investment Transactions Bulletin. The out-of-town and business park markets in the North West have been somewhat overlooked by investors in the past couple of years - despite the wall of money that is seeking a home in regional offices.

Total returns for office investment in Midtown rose Shaftesbury, the central London-focused property group, has revealed an 8. Apollo Global Management has won a mandate to oversee real estate debt investments for the London Pensions Fund Authority LPFA as its alternative credit manager.

Aviva Investors, the global asset management business of Aviva, has appointed Ed Casal as chief executive for its global real estate business. Kennedy Wilson Europe Real Estate KWE has pre-let its entire Baggot Street, Dublin 4 office redevelopment to the Bank of Ireland.

Oxford Properties and Hamburg-based Union Investment Real Estate have created a Savills has expanded its City investment team with the appointment of two new associates, Nick Wells and Stephen Hartley.

Grafton Group, the builders merchanting and DIY Group, has revealed group revenue for the four months to 30 April rose 6. More than half of UK property investors believe the prospect of a British exit from the European Union would be directly detrimental to their businesses. Salmon Harvester Properties has acquired the freehold of a prime retail and leisure development opportunity in Sutton Coldfield from administrators at PWC appointed over Spring, a Castlemore Securities company.

West End investment volumes have doubled in the first quarter compared to the same period in UK investors have been more active than their overseas counterparts in central London so far this year, according to CBRE.

Tristan Capital Partners has bought asq ft office campus in Hemel Hempstead from a group of private investors for its EPISO 3 opportunity fund.

Net inflows into property retail funds have rocketed as investors turn to the sector in search of income. Tristan Capital Partners has made its first acquisition for its Curzon Capital Partners IV fund with the purchase of No. Hammerson has acquired the remainder of the Martineau Galleries in Birmingham, giving it total ownership of the development opportunity.

TIAA Henderson has completed a series of loans through its newly established commercial real estate debt platform. Town Centre Securities TCS has announced progress with various schemes at the Merrion Centre, Leeds, together with the acquisition of three industrial warehouse units. A site in south London with planning permission for a storey residential tower has been put on the market by owner Wyvil Road.

Spanish commercial property showed its first double digit returns in nearly a decade last year, according to analysis by MSCI. Returns on supermarket properties remained strong in despite falling transaction volumes, according to research by Colliers and MSCI. Such has been the flurry of stories about institutional investment in private-rented sector PRS development that you could be forgiven for thinking any shortage of supply in the sector is about to be firmly corrected.

Manchester and Liverpool, are experiencing such a domestic and business tourism boom that many believe Manchester at least could at some point challenge cities such as Edinburgh for the regional hotel crown.

Forget the sloping roofs and chimneys of Coronation Street. Europa Capital, the fund manager of Europa Fund IV, has entered into a joint venture partnership with Ediston Real Estate following the acquistion of Pasteur Retail Park, Great Yarmouth.

Undeclared Russian capital is flooding into the UK real estate market as sanctions weigh on the Russian economy, Deutsche Bank strategist Robin Winkler has claimed. Middle East investors continue to have a strong appetite for real estate investment across the world, despite the fall in oil prices in the second half ofaccording to a report from JLL. As the global real estate community converged on the south of France this week it was digesting a stellar Reading recent industry journals and daily business press shows we are all very focused on how to make sense out of the current state of the world and the implications for real estate.

Global human rights charity Amnesty International is set to sell one of its London offices for a refurbishment opportunity. Real estate investors are turning to alternative assets and considering greater risks in pursuit of higher yields, according to research by CBRE.

CBRE Global Investors, acting on behalf of the CBRE European Office Fund and the Investa Office Fund, has sold Bastion Tower in Brussels to Schroder REIM, acting on behalf of two clients. Italy is set to become the next property hot spot… if banks address structural issues and GDP growth hits forecasts. Yield compression, foreign investment and a lack of supply have led to institutional investors being priced out of the London residential market, a new report has revealed.

The landmark Grosvenor House Hotel in London has been put up for sale after its owner was placed into administration. UK shopping centre investments provided total returns of LaSalle Investment Management has acquired of a 3. The shopping centre investment market continued to heat up this week as for sale signs were put up over four malls.

SEGRO has acquired the former BMW headquarter site in Bracknell, Berkshire, where it will develop a new logistics hub. Asq ft Coventry department store has hit the market — the biggest retail investment opportunity to come forward in the city for 30 years. Indian luxury property developer Lodha Group has appointed Mayfair estate agent Wetherell to target London-based buyers for its World One Tower in Mumbai.

Yields in the motor trade property investment market exceeded expectations indriven predominantly by a high volume of car sales, and resulting in a narrowing of the yield differential between manufacturer and national dealer covenants. Derwent London has exchanged contracts with LaSalle Investment Management to acquire a minimum year long leasehold of 20 Farringdon Road, Clerkenwell. CBRE Global Investors has extended the life of CBRE Retail Property Fund Iberica RPFI for a further five years.

Publishing giant Haymarket has exchanged contracts to sell its Teddington Studios to listed Singaporean developer City Developments. CBRE Global Investors has appointed Hannah Marshall as fund manager for the CBRE UK Property Fund. AEW Europe has acquired a 2. It has been one of the most bitterly fought takeover battles in property history.

But now Songbird has sung, and the saga appears to have reached its denouement. Office space in Hong Kong is more than twice as expensive as prime commercial property in any other global city, and more than three times as much as that of the City of London, according to research from Knight Frank. Europa Capital is good at dodging bullets. Most investors believe that prime real estate is now overpriced across Europe and are increasingly turning to secondary cities and assets.

The Mansion Student Accommodation Fund, which has been suspended to redemptions since Octoberis moving closer to a sale of its assets.

Swansea Council is lining up a sale of its civic centre to fund plans to redevelop the city centre. Orchard Street Investment Management has completed two disposals on behalf of St. Cathedral Group has signed a joint venture agreement with Weston Homes to undertake a residential-led regeneration development at the Telegraph Works site on the Greenwich Peninsula in London.

Lands Improvement - one of the oldest land investment companies in the UK - has been put up for sale. Investment fundraising levels in the European real estate market hit a post-recession high this year, according to a new report from Colliers International. Investor confidence in the UK property market is strengthening on the back of sustained economic growth, a new survey has revealed.

Asian money is likely to target Paris in the coming years, as investors increasingly look outside London, according to research by Deutsche Bank. Los Angeles-based Colony Capital has appointed UK asset manager Quidnet Capital to spearhead an audacious push into the UK property market. Rockspring and Barwood Development Securities BDS have joined forces to create a new fund to invest in land and sell it on once it is primed for development. IDI Gazeley has bought a portfolio of logistics assets totalling 2.

Investment | Property Week

Property services company John D Wood is partnering with investment group Whitecity to create a one-stop-shop for Israeli investors. UK property regeneration company Harworth Estates has acquired the site of the former Skelton Grange power station near Leeds from RWE Generation — its first major non-coalfield buy. Retail property investor and developer LondonMetric has reported a net asset value per share of London housing association Notting Hill Housing has today launched a new dedicated brand for its private rent division.

The Safra Group is buying 30 St Mary Axe, otherwise known as The Gherkin, in the City of London, it has been confirmed. Network Housing Group has put the freehold of Grosvenor House, in Drury Lane, Covent Garden, up for sale. Scotland has enjoyed the best quarterly performance for commercial property sales in six years, amid a post-independence referendum surge. Hermes Investment Management has formed a strategic partnership with Countrywide to launch a residential property fund investing in the UK private rented sector.

Land Securities has increased its stake in the Bluewater shopping centre by 0. Even William Shakespeare had something to say about business diversification. In The Merchant of Venice, he wrote: The UK real estate market is no stranger to overseas investors - especially those from the Middle East.

AXA Real Estate Investment Managers has completed the acquisition of the former Harper Collins headquarters in Hammersmith from Nordea Property Investment UK.

The student housing market can no longer be described as an alternative asset class, delegates at MIPIM UK heard today. Overseas investors have for the first time overtaken UK institutions to become the largest owners of UK commercial property, new data from the Property Industry Alliance has revealed.

A joint venture between Hines and HSBC Alternative Investments has emerged as the preferred bidder to buy The Centre in Livingston. Land Securities and TIAA Henderson Real Estate have completed a deal to swap major shopping centre stakes, exchanging holdings in Exeter and Glasgow. Alongside BPF president Bill Hughes, GVA chief executive Rob Bould was this week banging the drum in support of investing in the UK at Expo Real in Munich.

Judging by the packed out venue for their breakfast briefing, he was preaching to the converted. Colliers International has bought control of AOS Group, the European real estate and workplace consultancy for an undisclosed price.

JLL has announced a merger with WA Ellis to boost its presence in the central London residential market. Lambeth Smith Hampton has appointed Andrew Shiells from Knight Frank as a director in its capital markets team in Scotland.

Standard Life Investments Pooled Pension Property Fund has agreed a deal with CarVal Investors, Orion Capital Managers, the City of London Corporation and Quadrant Estates, to acquire Cheapside in forex guide forex guide forex software forextrader City of London. A group led by private-equity giant TPG Capital has agreed to acquire Washington-based agency Cassidy Turley to combine it with DTZ.

British Land has set new records for prices in Mayfair with the exchange on the sale of 18 apartment at its super-prime Clarges Mayfair residential-led development. Intermediate Capital Group has bought the outstanding stake in Longbow Real Estate Capital it did not already own.

Gordon Mowat has been appointed as the new group property and strategy director at supermarket Morrisons. Westrock, the property investment and development company, has recruited Dominic Martin to help with its move into the private rented sector. IAC director joins property services company as chief executive to manage corporate acquisitions programme. South East-focused Industrial portfolio up for sale after investor grows it to 38 assets across 3. Analysts believe there will be further substantial deals by Singapore-based investors before the end of the year.

Colliers International has poached capital markets specialist James Evans from JLL to join as an associate director in the national investment team. JLL has how to invest in the stock market for dummies appointed to sell properties in the Treveria Silo E portfolio, which went into insolvency at the start of Irish REIT Hibernia has completed its eleventh deal since listing last year, buying a 0.

Research from BNP Paribas Real Estate this week showed that high-value West End properties are being sold for significantly above their asking prices. The Cabinet Office has launched a map of available publicly-held property and land for the first how to make money auctioning domain name investing. CBRE has poached JLL West End investment director James Range accrual fx option for its central London capital markets team.

Capital Properties has is yelp a good stock to buy its vision for boosting the public realm aspects of Fort Dunlop, in Birmingham, following the announcement that Tristan Capital Partners had bought the site - one of the largest speculative office buildings outside London.

This year could set a record for hotel transactions across the UK, according to research by Deloitte. The Church Commissioners for England has sold its The former Royal Bank of Scotland headquarters in Edinburgh, once owned by ex-owner of Hearts football club Vladimir Romanov, has been bought by Edinburgh-based developer Chris Stewart Group.

With investment in alternatives on the rise, there are opportunities across all elements of the risk spectrum.

Land Securities is set to apply for planning permission for asq ft shopping centre on a acre greenfield site on the edge of Worcester. Valad Europe has acquired asq ft office campus in Hertfordshire for its Valad European Diversified Fund.

Compare Funds and Investment Trusts | Money Observer

Manchester retail offers the best opportunity for commercial property investment across the UK, according to new research from DTZ. CLS Holdings has appointed Fredrik Widlund as chief executive of the commercial property investment company. A deal to buy the Cameron Toll shopping centre in Edinburgh from Lone Star has fallen out of bed.

Drum Property Group is setting up an investment division to run alongside its existing development activity in what it says will be a major expansion of its business. Newtree Capital, the residential investment and development company started by property industry veteran Raymond Mould and hedge fund manager Gerard Griffin, has completed its first deal.

Deloitte Real Estate and Savills have confirmed options trading covered call software have been jointly briefed to sell The Gherkin at 30 St Mary Axe in the City of London. Former Knight Frank partner Ker Gilchrist has been appointed head of London investment at Arbitrage forex software trading. The central London property industry has demanded Britain remain in the European Union or risk London falling behind its international competitors.

A fund advised by investment manager Tristan Capital Partners has acquired the Fort Dunlop building near Birmingham from Urban Splash and Pears Group in an off-market deal.

A bidder has been picked to buy the giant Leicestershire retail park, Fosse Park, Property Week can reveal. Canada Pension Plan Investment Board has appointed a new head of its European real estate business, promoting Andrea Orlandi to managing director and head of real estate investments for Europe.

Oaktree Capital Management and M7 Real Estate have formed a new joint venture to buy multi-let regional office parks throughout the UK. Birmingham City Council has brought a 93, sq ft office building to the market as a redevelopment opportunity.

MBay has completed its acquisition programme following the purchase of nine industrial estates in the Randstad. Colliers International this week completed the purchase of niche central London office and investment agency H2SO. Thor Equities will target prime high street retail locations in major European cities as the market improves. After a total retreat to the UK in Clive Boultbee Brooks reveals a two-year continental comeback plan.

The Carlyle Group has officially begun its search for a joint venture partner for its 1. Australian bank Macquarie has taken a rare step for a lender and bought a building with its own balance sheet, in what could be the first acquisition of many. Deutsche Asset and Wealth Management is lining up a sale of currency exchange terminal 3 delhi airportsq ft Tower Place West in the City of London.

Property Week has teamed up with Asian developer Advanced Business Parks ABP and Savills for a unique conference aimed at forging closer links between east London and Asian businesses. Tamar European Industrial Fund has sold an asset in Sweden as part of its strategy to exit the Nordic region. Commercial property auction house Acuitus has recruited David Margolis to join its auction and investment team. Hermes Real Estate has boosted its team with two new appointments, Edward Sellick and Charles Flather.

Gazeley is expanding into China with plans to develop up tosq ft of sustainable logistics warehouse space at G. Park Wuxi, a 31 acre strategic development site situated in the Jiangsu Province. US student housing operator Greystar has completed its purchase of a 1,bed portfolio of London student assets from Unite and Oasis Capital Bank, as tipped by Property Week. Anchorage has taken a controlling stake in care home operator New Century Care.

As standards across the care home sector improve, pubs and hotels continue to be converted or rebuilt for elderly care. In Liverpool, the Derby Mills pub has been demolished to make way for a new bed care home by Ideal Carehomes, for example.

As the alternatives market moves towards a more developed state, the investment opportunities change also. Property Week gives TripAdvisor-style ratings to some of the alternative sectors opening up to investors.

Developer and investor Endurance Land has acquired an 81, sq ft car park building on Farringdon Road, London, for redevelopment. Industrial developer and operator Prologis has acquiredsq ft of distribution space at Lakeside Industrial Estate, Colnbrook from SWIP Property Trust and Centurion Properties.

Eight of the top 20 richest people in the UK are primarily involved in the property industry, the annual Sunday Times list reveals. The Conygar Investment Company has completed the sale of 9. Tel Aviv, Melbourne and Miami are among 12 cities set to outperform the prime world capitals in residential price growth. Schroder Real Estate Investment Trust has posted a 2. TIAA Henderson Real Estate has bought an office portfolio in Guildford which it intends to convert into homes.

The Cameron Toll shopping centre in Edinburgh has been put up for sale at just more than half the price tag it was bought for in Welbeck Land has set up its second investment partnership focusing on strategic land in the residential sector, with the backing of Aberdeen Asset Management and LaSalle Investment Martingale for turbo binary options trading. Prologis saw leasing activity in Europe dip in the first quarter of the year, despite the steadily increasing optimism in the logistics market.

Rockspring has made two hires and promoted existing employees Richard Bains and Tom Walsh to partner. The Only Choosing penny stock broker uk is Essex star Michael Norcross has acquired the leasehold of the Grand Hotel in Leigh-on-Sea and plans to turn it into a boutique West End-style hotel.

An Irish pub portfolio is being brought to the market after the company that owns it was put into receivership. The receiver of Glasbay have put up for sale asq ft development opportunity in Dublin city centre. Quintain has formed a joint venture with Keystone Developers, 30 min binary options Swiss property and private equity family office, to deliver the next curzon traded options fund, sq ft phase of residential development at Wembley Park.

Yields have strengthened across the motor trade sector to levels not seen since the height of the market inaccording to a new report from HSM. Automatically install optional windows updates Group is to unlock a new garden suburb through a acre redevelopment of Thamesmead, south-east London.

Indian developer Lodha has completed its acquisition of the Canadian High Commission on Grosvenor Square. Ukrainian nationals have overtaken Russian nationals as the biggest investors into the London property market from the Commonwealth of Independent States. Budget liberalisation of pension rules will free prospective pensioners to invest in any asset class.

The government should hand more powers to combined regional authorities or face an increasing gulf between the economic success of London and other urban areas, Centre for Cities has warned. Bovis Homes has agreed deals with two separate investors to develop private rented sector homes. Schroder REIT has announced an initial placing of 80 million new shares, priced at Former Land Securities retail man Andrew Turf has left to work as a director for the new owners of Old Spitalfields market.

CBRE Global Investors has sold three Dutch warehouses to Blackstone on behalf of the CBRE European Industrial Fund. Connection Capital and the Cubic Property Fund have bought a majority stake in asq ft Travis Perkins trade park portfolio.

Chinese developer Greenland Group has confirmed its purchase of Hertsmere House in Canary Wharf, as tipped by Property Week in January. The ECE European Prime Shopping Centre Fund and Resolution Property have bought Poznan City Centre in Poland from Europa Capital and TriGranit.

ECE chief executive Alexander Otto has made his first foray into the South American market with the acquisition of shares in shopping centre company Sonae Sierra Brasil. Nottingham City Council has bought a 1. Newly formed investment firm Boultbee Brooks Real Estate BBRE has bought a 70, sq ft office building in Reading. Property entrepreneur Clive Boultbee Brooks has today launched a new UK-focused property company called Boultbee Brooks Real Estate.

Salmon Harvester Opportunity Fund, the owner of Cathedral Plaza, Worcester, is planning a multi-million pound revamp to create a series of seven restaurants overlooking a public square in front of the cathedral. The Co-operative Estates has completed four industrial warehouse disposals as part of its consolidation strategy.

US burger chain Smashburger is gearing up to expand into the UK, following the early success of rival brand Five Guys. With the establishment of a new REIT, Tritax is heading all guns blazing into what it believes to be the growing market of megasheds.

Property Week talks investment and strategy goals with Colin Godfrey. Pinewood Studions has shake your money maker wow a deal to open a newsq ft facility at the former Energy Centre in Cardiff.

HSBC Alternative Investments and Hines have acquired a A property crowdfunding platform has been launched to give private investors the opportunity to invest in a portfolio of properties. A portfolio of eleven hotels owned by Goldman Sachs and operated by QMH UK under the Crowne Plaza, Holiday Inn and Best Western PLUS brands has been put on the market.

Alberta Investment Management Co sets up London office but cautions on playing politics with investors. PWC and Chinese real estate developer ABP have signed a deal to provide services to help avis rtfx forex from China set up in the UK.

Dairy Crest has today confirmed that it has agreed the sale of its Nine Elms residential and middle-ground milk depot, as it announces its third quarter trading update. Government plans to sell off the Land Registry could lead to a hike in costs for the property industry. InfraRed Capital Partners has confirmed the sale of seven industrial properties totalling around 1. Starwood Capital Group and Catalyst Capital have acquired a portfolio of 10 UK properties from the Premier Property Group.

The West End of London Property Unit Trust has exchanged binary options for mironov reviews to sell its freehold interest in New Court, Carey Street to Lodha Group it confirmed this morning.

The investigation into the Regeneration Investment Fund of Wales has been delayed until later in Property fund manager Europa Capital has entered into a strategic partnership with Beijing-based China advisory specialists Ilex Partners. Meyer Bergman has gone under offer to purchase Waterstones flagship store on Piccadilly in central London.

Advantages of binary option probability calculator has placed under offer 60 Holborn Viaduct — the soon-to-be central London headquarters earning money by programming internet giant Amazon.

Investment activity in the south east office market has reached a seven-year high, according to research from Knight Frank. Essential Living has bought a seventh site in Greenwich, as it continues to snap up land around London for private-rented developments. Chinese-state owned developer Greenland Group has swooped on Hertsmere House, a highly-prized tower site in Canary Wharf, after a deal with wealthy Irish businessman Thomas Ryan fell apart.

Care home provider Barchester Healthcare has begun its newest care home development in Deeping St James, with the investment funded by Cinnamon Care Capital. Redefine International has sold two government-owned sites in London for residential development.

Campus Living Villages has confirmed it is the preferred bidder to acquire eight properties which were formerly part of the Opal Student Property Group, as tipped by Property Week. Union Investments has completed its deal to buy the One Snowhill office block in Birmingham, as first revealed by Property Week in November.

Essential Living received planning permission on Wednesday night to redevelop the Berkshire House office block in Maidenhead, Berkshire, for a private-rented scheme. Property Week reports on the investors who made a memorable year for property and reveals predictions for a new year of deals.

American student housing operator Greystar has pounced on a second student accommodation portfolio in the UK. Westfield Group has announced a major restructuring of wg forex algo pack company that will see its global retail assets separated from its businesses in Australia and New Zealand and its UK managing director switch roles.

GCP Student Living has acquired a private student accommodation building located adjacent to Royal Holloway, University of London in Surrey. Dominvs Commercial has bought asq ft multi-let distribution and industrial estate in Blackburn. St James has bought two office properties on Albert Embankment, one of which has consent for a storey residential tower sandwiched between two of its existing waterfront schemes.

Forex android widget Property Fund Management has bought half a million square binary options affiliate revenue share of offices in Salford Quays, in a deal originally revealed by Property Week.

Inland Homes has acquired land from the Defence Infrastructure Organisation that has the potential for homes. Deka Immobilien has bats global markets stock The St. Bracknell Regeneration Partnership is exploring a range of equity-raising measures, which could include the sale of a stake of up to half of the retail element of the development of Bracknell town centre.

Accountancy giant EY is to move to Canary Wharf for the first time, taking a prime slot in the new 25 Churchill Place building. German open-ended fund manager Union Investment has made one of the largest regional investments in the UK buy used pro stock hockey sticks year, Property Week can reveal.

Hong Kong-based Peterson Group has taken a share in London residential developer, the Hadley Property Group, through a strategic joint venture with LJ Group. IVG ImmobilienFonds, the fund management arm of German property company IVG, is putting up for sale South Bank landmark Riverside House, the headquarters of communications watchdog Ofcom.

Development Securities has acquired a 64, sq ft office building in a joint options iron condor strategy with Marlinspike. Prime minister David Cameron will tonight launch a new investment project aimed at raising billions of pounds from overseas investors for UK regeneration projects.

Quintain has entered into a conditional sale and purchase agreement with Knight Dragon for the sale of its remaining interests in Greenwich Peninsula Regeneration Limited.

Oxley Holdings, a Singapore-listed property developer, has bought Royal Wharf from Ballymore Group in its first deal in the UK market. Hermes Real Estate Investment Management and Canada Pension Plan Investment Board have bought Aldgate House — their first acquisition choosing penny stock broker uk their Gary Neville and Ryan Giggs are investing in a joint venture that proposes to bring forward nearlysq ft of development in central Manchester, as well as providing the city with a brand new synagogue.

London and Devonshire Trust has secured its first investment sale at Plymouth Enterprise Park at Ernesettle Lane. How to earn money on blogspot.com Register has put up for sale a portfolio of UK assets for the first time why is indian stock market falling the downturn as it seeks to accelerate sell-offs into an improving market.

GVA chief executive Rob Bould has stressed that the company will not be sold to one of its larger peers. First occupiers announced at Asian Business Port, while plans unveiled stock market bid and ask price Press and Broadcast Centres. According to researched published by Mill Group, investors are channelling more money into residential investment, options trading covered call software concerns that the.

High Castle, a development subsidiary of US-based opportunistic investor NCH Capital, has made a significant foray into the UK student market, buying the former Josephine Butler House site in Liverpool to create a bedscheme. Helical Bar has acquired Enterprise House in Paddington through a sale and leaseback agreement with Network Rail.

Everbright Ashmore, a Chinese private real estate firm, has sold a flagship retail mall in Chongqing for an undisclosed sum. This year is likely to see the highest office take-up across regional markets in five years, according to analysis from GVA. Gazit-Globe has announced its intention to list ordinary shares for trading on the Toronto Stock Exchange. Retail REIT NewRiver Retail has today provided a portfolio update for the period 1 July to asian stock markets allstocks September.

London remains the top real estate investment target for high net worth individuals inahead of Dubai and Singapore. Investment turnover in Ireland has more than quadrupled in the last quarter compared to the same time last year, highlighting increasing confidence in the market. Agents have been instructed on the sale of Devonshire House, a freehold office building above Green Park station, following a competitive pitch.

Developer Urban Splash has confirmed it is to give up a number of development sites at the New Islington project in Manchester. In a further bid to reduce its debt, Quintain has agreed the sale of SeQuel, its regional investment property business. Private delivery giant TNT Post is to open 11 new distribution units in Greater Manchester as it rolls out a new delivery service to the area.

Structadene founder David Pearl has exchanged contracts to sell his 53, sq ft, Oxford Street property to luxury-property investor, Tribeca Holdings. Hermes Real Estate Investment Management Limited and Bell Hammer have completed the speculative redevelopment of Abbey Gardens South in Reading. Glasgow, Hull and Manchester have topped a list of the most lucrative towns for student accommodation buy-to-let investors. Nightclub operator Luminar has acquired the Evoke club in Chelmsford, Essex, for an undisclosed sum.

The Co-operative Group is poised to sign a WP Carey, the real estate investment trust, has bought an office building in Manchester that is leased to the Department for Communities and Local Government. DRC Capital and Cheyne Capital fund purchase of Executive Offices and its 28 central London assets. For some, property cycles are a bit like sports cars. You get a new model every decade or so, and some people drive off into the sunset while others crash and burn.

The central London property market is booming, driven by a huge influx of foreign investment. From Russian oligarchs to the sovereign wealth funds of Norway, the Middle East and Asia, London is the destination of choice.

What is future trading in indian stock market parties are closing in on the purchase of Silverstone racing circuit and its associated development land, in a deal first beginners stock trading guide by Property Week news, Two firms are closing in on a deal to buy How to make money fast on saints row 2 race course and schlumberger sedco forex transocean development land associated with it in a deal first tipped by Property Week.

A new forum enabling local property professionals to network, exchange ideas and build business relationships is being launched in September in Sussex. New York-based investment firm Northwood Investors is closing in on its second City of London purchase.

BlackRock has appointed Geoffrey Shaw as portfolio manager for its UK Long Lease Property Fund after poaching him from Aviva Investors. The parent company of IVG Group has announced it plans to restructure the company by filing for self-administration after creditors failed to agree on a joint restructuring plan. Catalyst Capital co-founder Peter Stock buy trailing stop limit pictured is to retire from the European property investment and asset management firm.

A trio of secondary property portfolios has come to the market in Scotland, as investors show increasing appetite for asset management opportunities. Hermes Real Estate has bought an office tower near Old Street roundabout under medium-term plans to reposition it for the technology and creative sector.

A consortium of private investors is to buy the 1. Brighton rock or Scarborough scare? Make sure your seaside investment is something to coast about. The board of CLS Holdings has confirmed it has signed an exclusivity agreement with the receivers of the Project 60 seconds binary options review broker portfolio. In February last year, Barking and Dagenham Council struck a deal with investor Long Harbour to fund affordable housing units on council-owned land through a special-purpose vehicle.

British Land, Barratt Group and Helical Bar this week became the latest investors to join the development boom at Aldgate, on the City fringe.

Restructuring required to facilitate first letting at City property that developer has been working on for decade. Helical Bar has today announced that its joint venture with Abbeygate Developments has concluded the forward funding of Leisure Plaza in Milton Keynes. Westbrook is close to completing the sale of a huge office block on the north bank of the Thames to a family of German billionaires.

Colliers International has recruited investment agent John Hanson pictured to join the firm as a director in the national investment team led by Andre James. Resolution Property has purchased Mile End Road, E1 making it the first property to be bought on behalf of Resolution Real Estate Fund IV.

The joint venture between Qatari Diar and CPC Group which bought Chelsea Barracks in has been found to have used an unlawful tax structure to complete the deal, a court ruled today.

Rockspring Property Investment Managers has bought asq ft mixed use scheme in Sweden on behalf of its TransEuropean Property Limited Partnership TransEuropean V. Hermes Real Estate Investment Management has become the latest buyer of a slice of the increasingly popular investment destination of Whitechapel, after purchasing Cityside House and Challenger House in the London district.

A German Closed End Fund managed by Cara untuk menang di forex Real, advised by Savills and CBRE, has confirmed the sale of The Lloyds Building at One Lime Street to a Chinese insurance company.

Recruitment firm Michael Page has placed under employee stock options wikipedia 19, sq ft at the Centrium building in Holborn. The Mayor of London has launched a new property portal intended to help Londoners find affordable homes. GLL Real Estate Partners has completed its purchase of Calton Square in Edinburgh, sings moneymaker months after it initially went under offer.

Barwood has bought asq ft business park in south Manchester — its first office scheme in the north-west. Property Week has published its latest Property Week Analytics white paper: Investment Opportunities in London. Developer is latest to consider institutional investment to reduce borrowings and extend debt terms. Henderson Global Investors and TIAA-CREF announced this morning that they had joined to form a new global real estate investment management company.

Property Week takes an in-depth look at the union. Henderson Global Investors and TIAA-CREF have formed a new global real estate investment management company, as the wave of property fund management mergers and acquisitions continues in Kennedy Wilson has staved off an 11th hour bid from rival Northwood Investors to buy the Castle Market Holdings portfolio. Property Week discusses the latest megadeal in a flurry of deals undertaken by Chinese investors. A London site once owned by jailed property tycoon Achilleas Kallakis has been sold to a giant Chinese development and investment company.

The private owner of One Poultry has appointed GM Real Estate to advise on options for the City of London landmark. Valad Europe has sold asq ft distribution warehouse in Worcester to the occupier, Wolseley UK Limited.

Japanese technology company SMC Pneumatics has bought One Vincent Avenue in Milton Keynes, Buckinghamshire.

If the twitchiness of markets over the past month carries a message, it is that investors are now hypersensitive to any potential change in the intentions of central bankers. Healthcare of Ontario Pension Plan ties up with Verdion, following Brookfield and Norges into sector. Europa Capital has announced that the joint venture between Europa Fund II and St Congar Properties Ltd has sold its freehold interest in Imperial House, 67 Alma Road, Windsor to NFU Mutual Insurance Society Ltd for an undisclosed price.

The property company of former Glasgow Rangers Football Club owner and chairman Sir David Murray is to sell three shopping centres. Private equity orange va livestock auction Blackstone has bought a major distribution hub at the Daventry International Rail Freight Terminal in Northamptonshire, as it continues to grow its European logistics platform.

There may not be much to buy in London, but there are plenty of gems for overseas investors across Britain. Both Prupim and Delancey are planning further investments in the private-rented sector, in a sign of growing confidence in the asset class.

Investment volume in the Asia Pacific region grew by A property investment exchange has been launched which aims to match developers with investors, as bank finance remains difficult to secure. Foxtons is heading for a floatation on the London stock exchange, after its private equity owners hired three investment banks to run a planned listing. Property Week identifies them.

TIAA-CREF is understood to be close to selecting Stanhope and Mitsui Fudosan as the preferred bidder to buy and develop itssq ft One Angel Court scheme.

Aviva dfo south wharf opening hours anzac day decided to commit the future of its UK General Insurance Business to Perth having undertaken an exercise to consider asq ft relocation to Glasgow. There are more than 50 lenders looking to come into the UK market, Savills revealed at its Financing Property breakfast this morning.

Brockton Capital and Landd have simultaneously acquired two adjoining assets in Slough, as part of their Thames Valley joint venture revealed by Property Week in April. Government rescue fund markets development opportunities, plus golf and ski resorts to UK investors. The BBC has formally launched plans to redevelop its Maida Vale studios, W9, home of the recording sessions made famous by the late DJ John Peel. Local Shopping REIT has today reported that its NAV has fallen significantly, indicating that the struggle in the retail sector continues.

MedicX Fund this morning reported a decline in its net asset value in interim results for the six months to 31 March. British Land is in talks with Aviva Investors to buy its interest in the Paddington Central scheme. MedicX Fund is planning a takeover of rival healthcare company Assura Group which, if successful, would create the largest healthcare property company in the UK. The Metropolitan Police is planning a shake up of its retained property advisers, as it works to offload more than 3m sq ft of property over the next three years, PropertyWeek.

London investment agency Singer Vielle has launched a franchise operation, signing up George Turnbull of Altitude Investments to operate under its brand in Stock exchange opening hours new york and the West Country. In the last few weeks, we have had strategic updates from all of the big food retailers and the shift in their attitude towards new stores has been marked.

Overseas capital has for a long time government make money warcraft online a significant role in the key property markets of Europe, but rarely has it been as noticeable and important as it is today.

Prime yields were unchanged in April at how to make money using etrade average of 5. Property investment firm Hansteen Holdings earn money texting uk the value of its portfolio increased by 4.

Sale of US business would be one of highest-profile property fund management deals of recent years. It has been quite a year so far.

We all came back into work in January with huge enthusiasm for the challenges in front of us and generally the level of confidence was high. Sir Alex How to invest in the stock market for dummies announced today that he will step down as manager of Manchester United after 26 years and 38 trophies.

The IPD UK Quarterly Index highlights forex trading dalam pandangan islam polarisation between London and the rest of the UK.

Strong occupier conditions and investment demand are propelling returns in the capital far ahead of the broader market. Land Securities has found a purchaser for its office building at 42 Southwark Bridge Road, PropertyWeek. British Land and Resolution Property have become the final two parties in the bidding process for a large property development opportunity in Shoreditch that is being sold by the City of London Corporation. Lambert Smith Hampton has moved a step closer to a full restructure after Sankaty Advisors agreed to acquire its junior debt, as well as an equity interest in the firm.

Samsung SRA Asset Management has purchased 30 Crown Place in EC2, London on behalf of South Korean institutional investors. Aviva Investors has sold the long leasehold of an office building on the Strand for a yield of 4. Kilmarnock-based Klin Group has signed an exclusivity agreement with Diageo to redevelop the former Diageo bottling plant in Kilmarnock.

Primary Health Properties has bought two new properties while maintaining a Blackrock is to bring to the market a major redevelopment or refurbishment opportunity at Shaftesbury Avenue. Acknowledgement that sustainability will have a material what is the difference between stock market and forex upon the investment performance of real estate is growing, and there is an increasing obligation to consider this aspect when we acquire, develop, and manage.

A controversial ft student accommodation tower in Southwark is close to being brought to the market. Moorfield Real Estate Fund III plans to buy UK property, using capital from Europe and US investors. Leaving aside some fairly serious economic bumps along the way, the baby boomer generation has enjoyed the extraordinary privilege of positive real interest rates for most of their working lifetimes.

Henderson Global Investors, on behalf of its German fx options underlying Warburg - Henderson KAG, has acquired a retail warehouse in Austria. Prupim and Hermes Real Estate have exchanged contracts on their Milton Keynes curzon traded options fund Guilford shopping centre swap, as first revealed by Property Week in December. With the future of Chelsea Barracks open to question, the Qatar Investment Authority has begun to take a more considered approach to investing in London.

Close-ended investment foreign exchange gain loss accounting treatment, Tamar European Industrial Fund posted a gloomy set preliminary results this morning.

The Livingstone brothers have sold out of South Africa to focus on building a new city in central America. Ireland is about to get its very own REIT market. Property Week International reports on its chances for success. Canary Wharf Group has completed the acquisition of the long leasehold interests in 7 Westferry Circus on the Canary Wharf Estate. Morgan Stanley Real Estate Investing MSREI has bought the 2.

It is fair to say the market was not entirely confident that William Hill and Duncan Owen could work together. Figures released today by the IPD have confirmed that with an average return of 8. Native Land has submitted plans for a mixed-use scheme at 30 Old Burlington Street, the Mayfair block it bought last August.

Schroders and Stanhope hope to start on the commercial aspect of their Croydon mixed-use scheme, after instructing agents to find a funding partner for asq ft office block. RREEF Real Estate has confirmed that it has entered into exclusive negotiations to sell its stake in high-end French department store, Printemps. CBRE has hired Chris Brett from LaSalle Investment Management to take up a new role as head of international investment in the UK, PropertyWeek.

Alternative property sectors outperform the traditional office, retail and industrial sectors, show figures from IPD graph, below. Henderson Global Investors has submitted much-anticipated plans for the Smithfield Quarter in London. The number of repossessed homes fell from 37, in to 33, in — the lowest annual figure sincefigures from the Council of Mortgage Lenders show.

Residential development land values remained largely flat throughoutnew research by Knight Frank shows — including in prime central London, where values edged up by just 2.

Structadene founder David Pearl is preparing to sell his 53, sq ft building at Oxford Street, after regaining control of it from LPA receivers. McKay Securities has simultaneously exchanged and completed the disposal of the freehold of Bothwell Street in Glasgow, which is let to the Student Loans Company.

The central London office market enjoyed its strongest year for investment since last year boosted by the record number of deals by foreign investors, research by Knight Frank has revealed.

Tishman Speyer has put thesq ft Sanctuary Buildings in Victoria up for sale, just 18 months after the US investor bought it. Much of the debate around property investment post-recession has been about the spiralling shift between prime assets and everything else. Andy Street, chief executive of John Lewis, was appointed chairman of the Greater Birmingham and Solihull Local Enterprise Partnership LEP last May. Tritax has launched the Tritax Aberdeen Office Fund that will take ownership of a 40, sq ft office development in Aberdeen.

Blackstone has recruited Mo Barzegar, a former managing director for Europe of AMB, as president and chief executive of its European logistics business Logicor. A shopping centre investment company part-owned by UBS and earmarked for an initial public offering inis to be sold after going into administration. AXA Real Estate Investment Managers has made its first purchases on behalf of Options trading at scottrade Long Lease Property Fund.

Yields on UK commercial property now do u make money selling avon outstanding investment value to long-term investors, standing near all-time relative high yield buy boehringer ingelheim stock of 4.

G9, an industry body set up last year that now draws its members from 11 Newcastle property advisers, is taking over research that has been in abeyance since regional development agency One North East closed last March. Property entrepreneurs Achilleas Kallakis and Alexander Williams have been found guilty of fraud.

Ballymore is in negotiations with the Netherlands and another, as yet unnamed, country for two new UK embassies in the Nine Elms regeneration area in Wandsworth. Administrators have been appointed to a company that owns and manages 80, sq ft of business park properties near Stockton-On-Tees that were developed by Rokeby Developments. Hermes Real Estate Investment Management has completed a deal to buy the landmark Birmingham building Baskerville House, as revealed by Property Week.

Total property returns are expected to only reach 1. Howard de Walden Estates has seen a Quoted property company Redefine International has paid E A subsidiary of bollinger bands strategy for binary options office provider Regus has made a cash offer for troubled competitor MWB Business Exchange.

Development funding, and secondary and European property are the new areas of property being explored by the Wellcome Trust. Resolution Property has made its first Dutch retail debut, by purchasing Rosada Factory Outlet in Roosendaal, Netherlands. Specialist European real estate investment and financing firm Public Service Properties Investments has sold its US and Swiss assets to focus on interests in the UK and Germany.

As the end of approaches, it has turned out to be a subdued year for the UK property market. The big investment theme of the year, at least in this country, was entirely counter-intuitive: The page Liverpool City Centre Strategic Investment Framework was unveiled at the waterfront BT Convention Centre on 1 November. Bidders beset former Treasury Holdings assets as investors begin to prop up moribund Irish property market.

Industrial developer Prologis has confirmed it will create a Japanese real estate investment trust J-REIT to serve as a long-term investment vehicle for logistics facilities developed by the company in Japan.

Become a successful binary options trader winning formula Week student accommodation conference speakers highlight big rise in investment into sector. BNP Paribas Real Estate has poached three City investment agents from GVA, including its head of City investment Richard Garside.

The costs of complying with new environmental impact assessment proposals from the EU could hinder UK property development and investment, the BPF has warned.

Unite, sal the stockbroker wife affair student accommodation provider, is to close its retail bond two days early, the company announced today.

Council currency exchange terminal 3 delhi airport funds are big institutional investors in the private-rented sector. What is the latest news? It was meant to be one of those smoothly run developments by a big inward investor that Manchester seems to do so well.

Picton Property Income suffered an 8. London is more attractive than Paris to global real estate investors. A new report by Henderson Global Investors cocoa website the best binary option trading why.

The largest Islamic bank based in Europe, the Bank of London and The Middle East, has bought another property for its Light Industrial Building Fund. The Co-operative Group is close to selling its new Manchester headquarters to a Far Eastern client of fund manager RREEF. Ian Marcus is switching his role at Evans Property Group just eight months after joining as managing director. Retail investors would be barred from investing in REITs under proposals from the Financial Services Authority, it emerged this week.

Twelve consecutive months of negative capital movement in the UK has led to a 3. Global Logistic Properties, the Singapore-based logistics property company, is expanding its global network to Brazil. Grainger has formed a joint venture with Heitman to create a new residential portfolio in Germany. Hammerson has sold its last office property, Stockley House in south-west London, completing its nine month programme of office disposals.

Hermes is jquery select option change event the sale of a stake in the Friary Centre in Guildford as part of a process to kick-start asq ft retail development adjacent to the mall. Goodman Group has entered into a joint venture with Brazilian developer WTORRE to develop prime 2 hour binary options robot 2016 and industrial properties throughout Brazil.

Knight Frank research shows pension funds plan to substantially increase investment in real estate. Ochuko forex Banking Group and Grainger have completed the sale of a asset residential portfolio through their Residential Asset Management Platform.

The commercial property market in the UK is offering investors the best value since the middle ofresearch by DTZ has found. The head of UK investment management at BNP Paribas Real Estate, Gerardine Davies, has quit her position after only nine months. The Westfield Group has today confirmed that it will develop Westfield Bradford and then sell the retail scheme to Meyer Bergman, a move tipped by Property Week.

Quantum Global Real Estate and LaSalle Investment Management has made its second acquisition through joint venture Plaza Global Real Estate Partners in New York. Bluewater officially re-opened its restaurant quarter The Wintergarden today, after a multi-million pound redevelopment. BNP Paribas Real Estate has hired a senior director live commodity market watch software free download CBRE to head up its investment team in Birmingham.

Redrow chairman Steve Morgan has confirmed his takeover bid for the house builder has fallen through. Foreign institutional investors are starting to look more seriously at retail parks, but more education of how the sector works is needed for the UK to capitalise on this. Latest Lloyds property confidence monitor shows market nadir may have been reached. The Serious Fraud Office has dropped its investigation into the collapse of the Icelandic Bank Kaupthing and as a result has closed its case against Robert Tchenguiz.

Eleven consecutive months of negative capital movement in the UK mean property values have fallen by 3. Saxo Properties and Resolution Property have purchased a DKK51m property in Charlottenlund, near Copenhagen in Denmark. London-based property company PPR Estates has confirmed the purchase of a residential portfolio of 10 apartments in Clerkenwell.

Investing in your industry seems like a no-brainer, but beware of the pitfalls. LDA Design, the company which designed the parklands around the Olympic Stadium, has been appointed as the landscape architect on the first phase of the redevelopment of Battersea Power Station. CBRE has been instructed by Stenham to put the headquarters of the Department for Business, Innovation and Skills up for sale. US real estate investor Global Income Trust has bought a portfolio of four neighbourhood retail centres in Germany.

Investment activity in Ireland has improved inas the market begins to fight its way out of the depths of the downturn. Corestate Group, a real estate investor based in Zug in Switzerland, has bought 2, residential units from European energy group, E. Highly complex structured deals have netted company huge returns, but market conditions in the City of London and continental Europe are changing.

The number of investors and fund managers implementing minimum sustainability performance standards for their property portfolios has more than doubled in the past year, a survey shows. The newly emerging Chinese middle classes are snapping up residential property in the UK, but with a new customer base come new ways of doing business.

Veteran East Anglian agent Chris Haworth has joined Norwich-based Targetfollow as senior adviser. BNP Paribas Real Estate has appointed a senior director in its investment team from Capita Symonds.

Joint agents have been instructed to sell 90 Long Acre, asq ft office building with long-term redevelopment potential in Covent Garden.

Transaction levels are up and yields are down, thanks to activity from overseas buyers. Howard Meaney, the former head of property at Liverpool Victoria, has joined UBS Global Asset Management as portfolio manager for UBS Triton Property Fund.

Agents invited to pitch for mandate for Portwall Place as Irish Banking Corp accelerates disposals. Popular event continues after its founder retires from property for rural life. Top investment agent Franco Sidoli is to become an executive director at CBRE, after the property services giant confirmed its purchase of his firm, Franc Warwick, on Monday. The BCSC held a meeting with the Local Government Association at the BCSC conference in Liverpool yesterday to discuss new ways of stimulating investment in UK high streets.

Leeds-based Town Centre Securities suffered a 6. VanHan, the luxury London residential agency backed by Palmer Capital, has opened its first overseas offices. Hannah left and Van Straubenzee right with Rory Penn. Aylesbury Vale Estates, a joint venture between Aylesbury Vale District Council and a consortium of private sector investors co-ordinated byGuildhouse UK, has bought Hale Leys Shopping Centre in Aylesbury, as tipped by Property Week.

Picton Property Income has revealed proposals to finance the repayment of its zero dividend preference shares, which would complete the refinancing of its entire debt. A joint venture between Development Securities and Realstar has let half of the residential units at Wick Lane Wharf in Hackney Wick, east London. The weak global economic outlook and eurozone debt crisis continue to weigh heavily on the UK property investment market.

Opportunities for UK private investors to invest indirectly — through property and other funds known as unregulated collective investment schemes UCIS — will be severely restricted if proposals recently issued by the Financial Services Authority FSA take effect. A new plan to develop in Glasgow and the St James Centre in Edinburgh is to be put in place by the end of the year.

An increasing number of European real estate investors believe there will be a Europewide recession. Office design firm Morgan Lovell has appointed Monica Parker as head of workplace consultancy. Property Week quizzed her on her new role. The government this morning published a much anticipated review into encouraging institutional investment into the private rented sector. The price reflected a net initial yield of 7.

The first half of was marked by positive signs in the office occupier market. Demand is proving to be resilient so far and completions remain at low levels. Shares in London-listed Russian developer AFI Development plummeted on Monday after it issued a profit warning. CLS Holdings is the latest listed company to tap private investors for a new source of debt finance.

Private equity firm to buy Woolgate Exchange junior debt as platform for possible full purchase of asset.

LaSalle Investment Management has completed its acquisition of the Hercules Income Fund from British Land. O1 Properties has today announced the purchase of a Moscow business centre from Evans Randall, in a deal originally revealed by Property Week.

Susan Lloyd-Hurwitz is to step down as European managing director of LaSalle Investment Management to join an Australian property company as chief executive. CLS Holdings this morning proved once again that it is possible to make money in the secondary office market. Office prices in the City of London fell for the second consecutive month in July, indicating values in the sector may be past their peak.

A long-awaited Government review into kickstarting the private rented housing market is expected to recommend local authorities waive affordable housing requirements on selected private rented schemes in a bid to encourage institutional investment into the sector. Hammerson has put under offer asq ft regional shopping centre in a strategic deal for the retail REIT, PropertyWeek. Lebanese street food restaurant Yalla Yalla plans to open at least four more sites in the next 18 months across London.

Investment into UK commercial property suffered a double-dip decline in the second quarter of as total returns halved and landlords outside London continued to look badly exposed. Irish real estate values continued to decline in the second quarter — by 1. Mitsui Fudosan and Alberta Investment Management Corp have taken significant shareholdings in developer Stanhope.

CRE Finance Council Europe, the commercial real estate finance body, today launched a consultative document designed to stimulate the moribund European commercial mortgage-backed securities CMBS market. Great Portland Estates this morning showed why it is the darling of the listed property sector with another strong financial performance. A German open ended fund manager has entered exclusive talks to make one of the largest regional office purchases of the year, propertyweek.

Prime yields edged up to 5. Segro has been hit hard by the collapse of one of its biggest tenants, the German mail-order company Neckermann. Gazeley has received detailed consent to build ansq ft rail-connected warehouse at G Park Ashby de la Zouch in the East Midlands. Delancey is the property backer of ICity, the frontrunner to buy the 1m sq ft International Broadcast Centre and Main Press Centre following the Olympic Games, PropertyWeek. The BBC has selected Stanhope as preferred bidder to buy its Television Centre site in West London.

Investors hurt by Barclays, HSBC, Lloyds and RBS now claiming compensation. Hermes Real Estate Investment Management has taken a step closer to developing asq ft extension to its Friary Shopping Centre in Guildford, after buying a site within the development area and appointing architects.

Swaps have received much attention in the national press, mostly negative and focusing on high street banks misselling hedging products to small and medium-sized businesses, so-called non-sophisticated customers. New chairman of London Legacy Development Corporation speaks exclusively to Property Week International. Cities that invest heavily in infrastructure and skills have more of a chance of long-term economic prosperity than those that do not, a report has concluded.

Derwent London has assembled a 1. Stanhope, with funding from Benson Elliott, is frontrunner to buy a City development site out of receivership. The annual research highlights steady office take-up over the last two years, which is resulting in gradual erosion of quality office stock across the Thames Valley. The battle to buy Invista Real Estate Investment Management took a turn this afternoon, when a small real estate private equity firm entered the fray.

The deal represents a net initial yield of 7. Restaurant chain Wagamama has taken a 5, sq ft unit at Ealing Broadway shopping centre, which received planning permission to revamp its arcade fronting from Ealing Council at the end of last month. The Greek election results appear to have reduced the near-term risks of Greece leaving the euro zone. But Europe still faces huge economic, social and political challenges. Lend Lease has sold its equity stake in the University of Sheffield private finance initiative PFI project to the Lend Lease UK Infrastructure Fund.

A report published by CBRE today reveals investment in German commercial properties over the first half of has dropped compared with the same period last year.

A breakdown of the deal to buy Battersea Power Station by SP Setia, Sime Darby and the Malaysian Employees Provident Fund were released this morning. Internos, the pan European owner-managed real estate fund manager, has undertaken the first closing of its hotel fund and has exchanged contracts on four hotels to seed the fund.

Redevco, the retail property investor, has agreed to sell its Turkish portfolio and management platform to Blackstone. Henderson Global Investors has submitted a planning application for the development of more than 50, sq ft of new retail and catering space at its Swindon Designer Outlet Centre. The financial crisis has raged on now for five years, but a few savvy property investors found gems in the gloom. Qatari investor Katara Hospitality is poised to buy four French hotels, which includes MIPIM focal point the Martinez.

Entrepreneur claims damages in High Court after deal for Reading land goes sour. David Lock Associates is to submit its draft report for the future of south Norwich to the Homes and Communities Agency and Norwich City Council by the end of the summer. The Crown Estate is under offer to buy the iconic Princes House on Piccadilly, the headquarters of the British Academy of Film and Television Arts BAFTA. Picton Property Income has secured two separate debt facilities from insurers Aviva and Canada Life,it announced today.

Leading property researcher Paul McNamara is retiring from the Prudential after 25 years at its property fund management arm. Safestore, the self-storage provider, suffered a drop in earnings and net asset value in the six months to 31 March. The price reflects net initial yield of 5. Hardeep Sandher met them.

Photographs by Tim Foster. LaSalle Investment Management has completed the purchase of the long leasehold interest of a retail block in the centre of Coventry. Property and construction consultancy firm McBains Cooper has been drafted in to help redevelop Kabul, capital of Afghanistan, as Britain and the US prepare to pull their troops out.

The freehold interest in Farringdon Road, EC1 has been bought by The West End of London Property Unit Trust WELPUTmanaged by Schroders and advised by Grafton Advisors. Deutsche Bank has ended exclusive negotiations with Guggenheim Partners over a sale of RREEF, its global real estate investment management business. Internos, the pan European real estate fund manager, has been granted a KAG licence by the German Financial Regulator BaFin to manage German spezialfonds, the preferred investment vehicle for German institutional investors.

UK commercial property values in May suffered their largest monthly drop since the eurozone debt crisis started to bite last autumn. The West End of London Property Unit Trust has exchanged contracts to buy Farringdon Road from Threadneedle. Since the decline of the financial sector, the property industry has a new best friend: Property Week reports from the CBRE Spotlight event on a rare growth story.

Photographs by Paul Burroughs. Patryk CosmiderShake it up: Protracted property deals are a frustrating feature of a tough economic climate, as cautious investors weigh up their options, and think long and hard about whether or not to commit themselves. Foreign money continues to dominate the central London investment market, Jones Lang LaSalle said today, but is being limited in the West End by a lack of supply.

BSkyB is considering a sale and leaseback of its new Stanhope-developed west London studio complex and headquarters. The unravelling of the German open-ended fund sector has been relatively dramatic.

IPD is piloting a new benchmarking service to provide greater transparency on service charges, which are a source of conflict between landlords and tenants. International real estate investment and services firm Kennedy Wilson has bought a residential property in Dublin out of receivership.

Fitness First is to sell 67 of its UK gyms and has issued a company voluntary arrangement to landlords in a bid to restructure its remaining leases. Thames Water has donated 2. Metric Property Investments has bought a retail park in Ireland and and is planning a major scheme in Cornwall for separate joint ventures. Aviva Investors, Exemplar and Kaupthing, the team behind Fitzroy Place at the site of the old Middlesex hospital, have sold almost half of the flats at the much-vaunted development.

BNP Paribas Real Estate has hired two directors to its UK investment team, following the appointment of its new chief executive John Slade last month. Ten housing associations from across south-east England are clubbing together to create the first social housing REIT. Real Estate Investment Partnerships and Hardy Mill Property LLP have acquired Laura Ashley Housein Shipley, West Yorkshire.

London and Metropolitan has confirmed that it is no longer in discussions with Pfizer to develop the former acre pharmaceutical plant in Sandwich, Kent.

Colliers International has poached Richard Walsh from GVA to help bulk up its national investment team. Moorfield Group will start reconfiguration works this month at Capitol Shopping Centre in Cardiff to create space for two new anchors, Tesco and easyGym. Warner Estate Holdings has exchanged contracts to sell a City of London office as it continues to battle to pay down debt.

Allied London is to sell a slice of its luxury shopping and leisure quarter at Spinningfields in Manchester. Private investors have reserved most of the 54 retirement flats that will be developed this autumn at 2 Gloucester Road in Cheltenham pictured.

Brooks MacDonalds Funds has bought the ground rent of a residential development in Salford Quays out of administration. Standard Life Investments has exchanged contracts to buy a multi-let Cheltenham office for its Property Income Trust.

Forum Partners, the global real estate investment management firm, has established an office in Sydney, Australia, under the leadership of Andrew Faulk, a director of Bluestone Capital.

Pramerica is to roll out a global investment strategy in which it will spend hundreds of millions of pounds purchasing unloved offices. Commercial property values continued to fall in the three main sectors in March, according to the latest IPD UK Monthly Index.

Assura began life in as Medical Property Investment Fund to invest in GP surgeries and pharmacies. Investec GLL Global Special Opportunities Real Estate Fund, a fund jointly managed by GLL Real Estate Partners and Investec Bank, is to buy two logistics warehouses in Spain.

Jones Lang LaSalle has been appointed to sell the storey West Tower development in Liverpool, TheBusinessDesk. Menno Maas has quit as CEO of the Continental Europe, Middle East and Africa CEMEA division at DTZ. CBRE Global Investors has poached a new head of transactions for its German business from UBS Global Asset Management.

Seven office buildings totalling nearly half a million sq ft in Salford Quays are expected to go up for sale shortly. However, in the property world love was thin on the ground as capital values moved into a double dip that would last for two years. Patron Capital Partners has appointed former GE Capital Real Estate and Land Securities director Mark Collins as chairman of its UK investment division.

In DecemberLaSalle Investment Management bought Tower Ramparts, a strugglingsq ft Ipswich shopping centre that was built 26 years ago.

New research by BNP Paribas Real Estate shows London suburbs to be the least risky for retail investment. Britannia Hotels has picked up two hotels based in Scarborough from administrators, TheBusinessDesk. The Channel Islands Property Fund CIPFthe only fund focused on the Channel Islands commercial property market, has made its third purchase.

Listed residential landlord Grainger has appointed a new director of strategic capital markets from Pradera. LaSalle Investment Management has bought, and will fund, construction of a bed student hall scheme known as the Quadrant, in Stockwell, south London. Prime property yields were unchanged in February, averaging 5. European fund manager Amundi Real Estate has made its debut investment in the UK, buying a stake in 5 Canada Square in Canary Wharf.

Simon Property Group has bought a Terrace Hill has completed the sale of a portfolio of apartments to Swedish property group Akelius. The Scottish Futures Trust leverages investment through complex, financial initiatives. Office developments and football clubs could be big draws for foreign investors.

Residential investment property has continued to perform better than commercial property, delivering returns of Woolgate Exchange in the City of London was put into receivership yesterday to help the sale of the building, propertyweek. Brooks Macdonald Funds has made its first purchase of for its ground rents funds in Bradford, West Yorkshire. Axa Real Estate Investment Managers and MGPA have commenced development of their office scheme at 6 Bevis Marks in the City - one of the few speculative developments progressing in the Square Mile.

Restructuring specialists are believed to be eyeing Pizza Hut UK after it was put up for sale in October. Shareholders of Warrington-based logistics giant Stobart have agreed a deal to buy a portfolio of properties from its chief executive Andrew Tinkler and chief operating officer William Stobart, TheBusinessDesk. St Modwen delivered strong annual results this week, as it continued to generate value from residential, secondary and regional property. Latest league tables show volumes down on previous year and Jones Lang LaSalle the big winner after its takeover of King Sturge.

Increased distressed asset sales are threatening to overwhelm the already-struggling secondary property market, the IPD warned today. Richard and Ian Livingstone have completed their purchase of the Cliveden House Hotel, the hotel made famous in the Profumo affair. Peel Holdings has put a Grade II-listed mixed use building in Castlefield in Manchester city centre. Family-owned north-west developer and investor Bruntwood has sold 1 New York Street in Manchester at a yield of 6.

This year in Davos, the mood is a mixture of pessimism peppered with some hopeful signs. With respect to the financial services industry, the need to increase capital ratios along with uncertain costs attributed to new regulations has cast a cloud over the industry. After a typically busy Davos breakfast, the morning adrenaline rush really kicked in with a quick sub-zero dash between venues in time for my 8am in a very lively work shop debate called Harnessing the hype: Sustainable and impact investing.

Pfizer has confirmed that it is in early stage discussions with a consortium led by London and Metropolitan for the sale of Discovery Park, the former home of the pharmaceutical giant in Sandwich, Kent. Co-author Lucy Scott reports. REIT on Tuesday announced that its chief executive would stand down at the end of March, to be replaced by Robert Noel.

James Whitmore assesses his eight years at the helm and looks forward to the Noel years. Former Quintain deputy chief executive Nick Shattock is making a comeback at an investment management firm backed by a Spanish investment bank. Both UK institutions and overseas investors were the largest buyers and sellers throughout the year. After starting the day early having breakfast with a very kind journalist from Swiss television, I was prepared for attending a much more heavy debate on the future of capitalism.

GVA has been appointed to sell the long leasehold on a major Birmingham hotel previously owned by Stephen Beetham. Moorfield has bought the former Printworks site on Western Way in Exeter, to develop as a bed student accommodation scheme.

Jeff Morton, head of investment for the BlackRock UK Property fund, is leaving the firm to pursue other opportunities. Stobart Group has entered into a conditional agreement to buy a portfolio of properties from its chief executive. The iconic Camden Lock Market in North London has been purchased by Urban Market Company in a joint venture between the founders of Camden Lock and the retail development firm, Milligan. Bruntwood is expected to complete a deal next week to sell its 1 New York Street office scheme in Manchester to Invesco.

How does the investment division of a medical charity consistently outperform the rest of the market? Pramerica Real Estate Investors is close to completing a sizeable hotel ground rent purchase, as the bank-led deleveraging of the hotel sector picks up pace.

Retail investment volumes in Europe increased by a third indespite reports of a dent in consumer confidence across the continent. Stena Realty, the property investment arm of Swedish shipping line Stena, has made its second UK property purchase. The release of the second estimate of Q3 GDP figures by the Office for National Statistics revealed that there were no significant changesto the headline GDP figure of 0. Orchard Street Investment Management has sold the Belvedere building at Booth St in Manchester on behalf of client Railway Pension Fund Nominees to German fund manager Deka Immobilien, TheBusinessDesk.

Hines has bought a prime City of London office building on behalf of an Asian investor making its overseas property debut. Allied Irish Bank Investment Management has completed an off-market sale of Royal Exchange Buildings in the City of London on behalf of an Irish investor.

Moorfield Group, on behalf of the Moorfield Real Estate Fund II, has completed its purchase of the long-leasehold interest in Salisbury House on Finsbury Circus in the City of London. Scottish Widows Investment Partnership is to sell asq ft office building and a development site for a furthersq ft of offices in Reading.

The shortlisted parties are: The Co-Operative Group has been successful in its bid to buy branches being sold by Lloyds Banking Group after being named as its preferred bidder.

Private equity firm Patron Capital has teamed up with Halcyon Hotels and Resorts to buy a portfolio of seven properties from the administrators of Von Essen hotels. The former headquarters of London Scottish Bank in Manchester have been put up for sale, TheBusinessDesk. The various markets today are now being overshadowed by macro events and not by the fundamentals of the asset class.

This is a difficult ask. The eighth consecutive increase in the four quarter moving average underscores underlying momentum in the market. Despite this, it has been a quiet summer period, with little new stock appearing until September. Three prelets are about to be agreed at a business park on the outskirts of Aberdeen, as North Sea oil continues to buoy the local economy. Mitsui Fudosan is understood to have agreed to buy Moorgate in the City of London to speculatively develop asq ft office property with its partner, Stanhope.

Brockton Capital has bought a majority stake in mid-market data centre specialist Virtus Data Centres on behalf of its Brockton Capital Fund II. How do you begin to weigh up the risks and rewards of investing outside your home territory in a world where the US almost defaulted on its debt covenants and the eurozone is constantly on the verge of breaking up? Staffordshire-based pub operator Punch Taverns has seen a fall in full year pre-tax profit as cash-strapped customers continue to stay at home rather than eat or drink out, TheBusinessDesk.

Property investors have halved their expectations for property returns, according to research from JP Morgan Cazenove. New York has beaten London to the title of most popular investment destination for the first time since It has been a summer of discontent across financial markets.

The latest wave of sovereign debt fears on both sides of the Atlantic, alongside a stark slowdown in economic growth, has revealed that the treacherous debris of the financial crisis is still evident. The amount of available equity to invest in property across the globe has fallen for the first time in two years because of the global debt crisis, a DTZ report suggests.

The amount of equity targeting property investment across the globe has fallen for the first time in two years due to the global debt crisis, according to a new report from DTZ. AXA Real Estate Investment Managers has poached Riccardo Dallolio from Grove Capital Partners to be its head of European transactions. Hermes Property Unit Trust has bought the Citygate Court building at Mosley Street in Manchester city centre, TheBusinessDesk.

A Helical Bar joint venture has bought a acre site in Tyseley, Birmingham, for asq ft retail park development. A Qatari hospitality company owned by Al Faisal Holdings has emerged as the buyer of the W Hotel on Leicester Square in London.

A Dutch pension fund has emerged as the frontrunner to buy a huge student halls company from Barclays Capital, in one of the biggest corporate transactions of the year. The Great Ropemaker Partnership, a Great Portland Estates has bought a 2. Tristan Capital has bought a vacant office building in Glasgow from administrators to Kenmore Property Group. Listed regeneration company Quintain, on behalf of its secondary property fund, SeQWuel, has sold Cambridge Science Park to Mayfair Capital Unit Trust for a net initial yield of 7.

One of the Knight Frank partners made redundant from its Manchester office a week ago has been recruited by Lambert Smith Hampton. TRANSPORT authority Merseytravel has said that although it welcomes a new high speed rail link to Manchester, it fears the upgrade could leave Liverpool out of the loop when it comes to inward investment, TheBusinessDesk. NewRiver Retail today announced a flurry of deals across the country including purchases, a sale and an appointment as development manager.

The yield-driven recovery in UK capital values is drawing to a close, leaving the spotlight focused on performance fundamentals. Fund manager Invesco Real Estate and West Register — the property management company within Royal Bank of Scotland — today said that they had agreed to liquidate a heavily indebted listed property company before Chartered surveying practice Eddisons has launched a new capital markets department in Leeds, TheBusinessDesk. The seventh consecutive increase in the four quarter moving average underscore the steady growth in activity.

Picton Property Income, the property investment company formerly known as ING UK Real Estate Trust, has seen net asset value per share stay stable over the last quarter. The Co-operative has submitted a bid for the network of bank branches being sold by Lloyds Banking Group, TheBusinessDesk. Allsop is to re-enter the West End leasing and investment market, after poaching two directors from Colliers International. The activity recorded at mid-year 90, sq m is in line with the average and offers a much better performance to the secondary markets as a whole than Brussels.

Cordea Savills has purchased a new prime project in Edinburgh and completed the sale of two assets on behalf of its Student Hall Fund. Pharmaceuticals company Astellas Pharma is considering moving its headquarters to Chertsey in the largest occupational deal in the south east this year. Pornography publisher and West Ham United joint owner David Sullivan has sold a BBC let office property on Marylebone High Street.

Total investment returns from regeneration property improved sharply in although they still lag the rest of the investment universe, according to IPD and Savills. Landlords of struggling care home operator Southern Cross last night agreed to a provisional restructuring which is likely to see rents cut for the short term.

Private equity fund manager Europa Capital has bought the Mall of Sofia shopping centre in Sofia, Bulgaria, from GE Real Estate and Avestus Capital Partners, formerly Quinlan Private. US private equity group Carlyle has bought an office building in Rotterdam for conversion into student accommodation, through its joint venture with the MacGregor family.

Matrix European Real Estate Investment Trust is planning to sell all of its assets by the end of The break-up of listed property fund manager Invista Real Estate Investment Management continued today with its largest separate account client giving formal notice of termination. In the old days of regional planning, it was established that 7, homes needed to be built in Kent every year for 20 years to satisfy demand.

Average monthly rents in England and Wales rose 0. Rents in London have risen by 6. However, there are a number of key deals agreed, which have not yet completed. Stobart Group has denied any wrongdoing in relation to its proposed purchaser of a debt-hit property portfolio from its chief executive.

The recovery in the south-east office market is being led by the M4 corridor areas of Hammersmith, Maidenhead and Reading. Lloyds Banking Group has put a portfolio of 38 distressed properties on the market through Jones Lang LaSalle. Administrators to the Kenmore Property Group have put up for sale the three remaining assets formerly owned by the company, which collapsed in November Peakside Capital, the Zug-based European real estate private equity firm, has sold a residential complex in Berlin to TAG Immobilien.

Mohamed Al Fayed has emerged as a rival party interested in buying Pinewood Shepperton, the listed film studio company. Capital values in the UK property market rose by a modest 0.

Gerald Ronson is among a consortium of investors vying for control of petrol station operator Murco UK.

Prupim has completed the purchase of asq ft Tesco Superstore in Culverhouse Cross, Cardiff. The Crosslane Student Accommodation Fund has bought its second property since its first closing six months ago.

Investment manager Rockspring has bought German shopping centre Das Es! Hammerson is in talks with LaSalle Investment Management to flip the Three Spires shopping centre in Lichfield but any deal is thought to be contingent on the future of troubled retailer TJ Hughes.

A Boston-based hedge fund that buys stakes in unloved property companies and looks to shake up the board revealed a 3. Fund manager Skylight Capital is to test the strength of the residential investment market with the break up and sale of its main property portfolio. Heron International has announced it has reached practical completion of the Heron Tower, the tallest building in the City of London.

IPD has launched a quarterly pan-European pooled property fund index to reveal the investment performance of cross-border funds. CBRE Hotels has been appointed to sell or recapitalise the Willow Hotels portfolio, which includes the Shoreham, Mansfield and Franklin Hotels in Manhattan, New York. The restructuring of a 1m sq ft Maxim business park on the outskirts of Glasgow has been completed. Residential property underperformed the commercial market for the first time in four years last year.

Sir John Ritblat has continued his long-standing support of British skiing with a new sponsorship deal. Orchard Street Investment Management has sold two office properties at Centrium Business Park in St Albans to ING REIM. UK commercial property values maintained their fractional capital growth trend, at just 0. There were fewer German banks in the list of most active lenders to UK property revealed by Savills today, as debt finance for property continues to be scarce.

Jones Lang LaSalle this week highlighted the six key trends for the European retail investment market over the next 12 months. Investment company Tamar European Industrial Fund has today reported a 1. Bristol-based developer Cubex is to buy a vacant 90, sq ft city centre office block from Aviva Investors. Development Securities today issued a cautious statement on the outlook for the property sector, alongside its results for Raven Russia has agreed to buy a warehouse in the Domodedovo district of southern Moscow, close to the international airport.

Total returns in 4Q were 2. Total investment turnover surprised on the upside in the final quarter. A sharp increase in the number of larger deal strongly influenced this result. In the last two years equity markets have recognised the opportunity to invest, both in scale and for good returns, in the residential investment and development market. Transaction volumes are expected to fall from their Q4 peak, constrained by a lack of stock.

Demand will remain strong with interest selectively turning to more secondary stock because of the lack of prime opportunities. The City and West End of London investment markets have become less attractive over the past quarter, according to the latest DTZ Fair Value Index. Berlin city council has pulled out of talks to sell its real estate management firm, Berliner Immobilien Holdings GmbH, to a UK fund.

Akkeron Hotels has today bought 10 hotels from the administrators of Butterfly Hotels and Crowne Hotels. Commercial property owners should sell early this year, Gresham Down Capital Partners has advised. The Newlands shopping centre in Kettering is set to come to the market in the next couple of weeks. Activity across the region remained constant despite the introduction of cooling measures in several countries aimed at the residential sector.

Rockspring Property Investment Managers has opened its first office in the Netherlands and appointed Laurien Van Wieringen to head it up. A group of investors that bought bonds secured against Plantation Place in the City of London said today it wanted to press on with an open-market sale of the property, in spite of opposition to the plan from Delancey. The sale reflects a yield of 6.

Investment manager Invesco Real Estate has completed its first purchase for its third UK fund. Private equity real estate investor Corestate Group has appointed Phillip Burns as chief executive. Blackmore Capital had made its second investment for its Branded Commercial Opportunities Fund, buying the Hampton by Hilton hotel at Exeter Airport. Azure Property, the joint venture between Palmer Capital and RREEF Alternative Investments, has sold the last property in its petrol station portfolio bought in Hansteen Property Unit Trust HPUT has completed the purchase of one of the largest industrial parks in south Wales in its second major purchase this week.

Almost two million of you 1, visited PropertyWeek. Investment firm Brainspark has announced it is close to starting construction on Mediapolis, an Italian theme park with an outdoor theatre, a shopping centre and a four-star hotel, now that contractors have been appointed. Hermes Real Estate has unexpectedly cancelled the sale of its sale of a 7.

Loch Lomond Golf Club in Scotland, whose members include Prince Andrew and Sir Sean Connery, is close to being bought out of administration by its members. The fund is co-advised by AEW Europe and Tristan Capital Partners. The scheme could now be completed in A shortlist of nine bidders for the Olympic Village has been announced by the Olympic Delivery Authority. Hammerson today announced the completion of the sale of its Bishops Square office building in the City, owned in a Qatar prepares to greet the world after winning the bid to host the World Cup, concluding a stellar year of property success.

A former London coal jetty is being marketed as a berth for a floating hotel to help meet the shortage of hotel beds ahead of the Olympics. Income expected to drive returns over the medium term, meaning that valuations of better-quality property could prove surprisingly stable. The DTZ Fair Value Index FVI score for the UK rose to 48 in Q3, indicating that there are, on balance, better investment prospects than in Q2, when the score was Axa Real Estate Investment Managers has announced plans to speculatively develop asq ft City of London office scheme.

UK commercial property delivered a 15th consecutive month of positive capital growth in October, albeit at just 0. Union Investment has acquired the Equinox Building in Glasgow for its open-ended real estate fund UniImmo: Richard Tice is to become CEO of European secondary office investor CLS Holdings at the beginning of next year. The government wants to keep its property vehicles in public ownership, Property Unit chief John McCready has told Public Property UK.

Unite Group has a construction pipeline of 2, student beds in London between andaccording to its latest interim management statement. Capital Shopping Centres this morning revealed improved operational performance, in spite of the uncertainty in the wider economy. Hear what CoStar is doing through its London Inventory Project to calculate the true vacancy rate in the capital - also, Richard Hunter of Hargreaves Lansdown looks at where investors should target their efforts in the coming months and years.

Wainbridge Capital Limited has completed the first close of its debut real estate fund, Wainbridge Global Opportunities London. European property investment company CLS Holdings has completed the purchase of a 98, sq ft office in New Malden, west London.

Elystan Capital Advisers has bought a 65, sq ft office building in Riem, Munich from a private investor for an undisclosed price. The sale of the 1. The last remaining unit has been bought by Faircloth. There has been selective movement in yields with the industrial and retail warehouse sectors moving out and the retail and office sectors moving in as the graph below shows.

Berkeley Group is working up plans to bring housing on several of its current development sites together for a second residential investment fund. Four former executives at WP Carey have set up a company to carry out sale-and-leaseback property deals. DJ Deloitte has recruited former DTZ and Donaldsons partner Simon Williams as a partner in its capital markets team heading up retail investment and central government procurement.

Cowell Group has also completed on the purchase of Hilton London Hyde Park, as first revealed by Property Week. Savills is to open a second office in Sweden after acquiring a four-strong team from CB Richard Ellis. The administration process for property company Targetfollow has been adjourned and delayed for two weeks, a court heard today.

Peter Cooper-Parry, head of portfolio investment at CB Richard Ellis is leaving to join rival Savills. The Peabody Trust is the frontrunner to buy four key worker estates in London which were put up for sale by the Crown Estate. Scottish and Southern Energy has bought an office block in the heart of Glasgow city centre for its new base in the city. Saga Group is planning to buy a 45, sq ft office in Hastings to house a new customer support centre.

M3 Capital Partners, the real estate investment banking group, has bought a portfolio of motorway service station out of administration. With this new age of economic austerity hanging over most of the continent and weak growth projections for many countries for years to come, where do investors put their money for the next few years? KOP Group, a luxury Asian based hotel group, is set to make its UK debut and is in talks to take control of a large hotel development in London.

Fidelity Investment Managers has expanded its European Real Estate team and has bought five assets for its UK Real Estate Fund. Targetfollow has lined up its lawyers to seek advice if its lender Lloyds forces it into administration. Simon Blake is rejoining CB Richard Ellis as head of capital markets UK and is leaving Altyon Partners, the fund management firm he set up with Simon Holley when the pair left CBRE a year ago.

St Martins is to offload all but its prize assets in a sale that could be an indicator for the future of the entire investment market. The tax advantages of property authorised investment funds PAIFs means they are likely to become the industry standard for real estate funds in the future, according to leading real estate professionals speaking at seminar held by Capita Financial Group this week. Macquarie Group has entered into an agreement to buy Presidio Partners, a US-based real estate private capital raising and advisory firm.

UK commercial property values rose just 0. Global commercial real estate investment returned from the doldrums in the first half of this year. Aberdeen Asset Management has appointed Dr Russell Chaplin as chief investment officer for property. JSM Indochina has appointed CB Richard Ellis to sell a portfolio of properties and development sites.