Tag: uk commercial property
Prologis UK buys Park Royal asset from DTZ Investors
Prologis UK has purchased a trophy asset in Park Royal, north-west London from DTZ Investors. Located in the UK’s most sought after last touch market, Prologis...
Fiera and Wrenbridge to develop £75m logistics scheme in Reading
Fiera Real Estate and Wrenbridge have secured an 18.5 acre site, the former Wood Plc offices at Shinfield Park in Reading, in an off-market...
Quadrant and Singaporean partner buy office building in City of London
Quadrant and a private Singapore-based family office have purchased 6 Gracechurch Street in the City of London from USS for an undisclosed price. The acquisition...
Cross-border investment in UK commercial property hits $14bn in H1 2024
Savills predicts that UK commercial investment volumes and values will soon begin to recover following the Bank of England's first Base Rate reduction in...
Schroders Capital wins £2bn real estate mandate
Schroders Capital has been awarded a £2 billion real estate mandate by the Wales Pension Partnership (WPP), a collaboration of the eight LGPS funds...
Chancerygate and Hines buy logistics development site in Redditch
A joint venture between Chancerygate and Hines has bought a development site in Redditch, Worcestershire. The joint venture plans to build around 12,948 sqm of urban logistics space...
Rental value growth drives third consecutive rise in commercial property capital...
UK commercial property capital values rose for the third consecutive month in July 2024, showing a 0.1% increase, bolstered by ongoing steady growth in...
Canadian REIT sells UK healthcare portfolio for £500m
Canada-based Northwest Healthcare Properties Real Estate Investment Trust has sold its UK portfolio for £500 million (C$885 million). The REIT's UK portfolio was sold...
Capital growth for UK commercial property turns positive, says MSCI
Returns for UK commercial property improved in Q2 2024, as capital growth turned positive for the first time in two years, according to the...
M Core acquires shopping centre in Sunderland
M Core Property, a commercial property and investment company, has acquired The Bridges Shopping Centre, a premier retail destination located in the heart of...