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Commercial property

  • Monday, 30 December, 2024
    InterviewCity of London
    Visionary behind London’s Square Mile steps down after 44 years

    Michael Cassidy had a key role in transforming the UK’s tired financial district into a global behemoth

    Michael Cassidy
  • Thursday, 26 December, 2024
    Boom in US retail real estate defies prediction of ecommerce apocalypse

    Availability of outdoor shopping centre space is at its lowest in nearly two decades

    A TJ Maxx store in Hyattsville, Maryland
  • Wednesday, 18 December, 2024
    LexLandsec
    Land Securities’ latest shopping centre bet is not an obvious bargain Premium content

    Expect interest rate expectations to continue to colour investors’ attitudes

    People walk through the Liverpool One shopping centre. The area is decorated with colorful triangular flags
  • Tuesday, 17 December, 2024
    Landsec
    Land Securities buys Liverpool One shopping centre stake for £490mn

    Chief Mark Allan has bet on the future of flagship malls

    Shoppers walk along the street
  • Friday, 13 December, 2024
    City of London gives permission for tallest tower

    1 Undershaft will be the same height as the Shard across the Thames

    A computer generated image of how the City of London is expected to look after tghe construction of 1 Undershaft
  • Tuesday, 10 December, 2024
    Blackstone Group LP
    Blackstone’s purchase of London’s ‘Can of Ham’ skyscraper falls through

    US investment group had been in exclusive talks to buy office building for about £300mn

    Can of Ham office tower
  • Wednesday, 4 December, 2024
    Canary Wharf Group PLC
    Canary Wharf bondholders sign off on £610mn refinancing

    Docklands landlord faces higher debt costs and a challenging backdrop for office buildings

    Silhouetted visitors stand at a viewing spot overlooking the skyscrapers of the Canary Wharf financial district
  • Saturday, 30 November, 2024
    Edwin Heathcote
    Sham urbanity dispatches Smithfield to the knacker’s yard

    The City of London’s closure of the old meat market displays an insulting disrespect for trade and civic pride

    Smithfield Meat Market, London
  • Thursday, 28 November, 2024
    Investments
    St James’s Place closes £1.8bn property funds and exits market

    Investors ‘increasingly cautious’ about the asset class

    St James’s Place offices in Cirencester, England
  • Tuesday, 26 November, 2024
    City of London Corp
    City of London votes to close Smithfield meat market

    Plans to move trading halls to a new, modern facility in Dagenham were shelved earlier this month

    Carcasses hanging in Smithfield market, London, England, in the 1960s
  • Monday, 25 November, 2024
    Czech property tycoon braces for hit from €500mn freezing order

    Real estate developer CPIPG, run by Radovan Vítek, preparing to segregate assets after Cypriot court order

    Marek Čmejla, Radovan Vítek and Jiří Diviš
  • Friday, 22 November, 2024
    Canary Wharf Group PLC
    Brookfield commits £900mn to backstop Canary Wharf refinancing

    Canadian asset manager agrees to provide equity commitment if landlord cannot pay off bonds

    The Canary Wharf business district and the river Thames
  • Wednesday, 20 November, 2024
    LexTokyo Gas Co Ltd
    Elliott’s Tokyo Gas property push should not get Lost in Translation Premium content

    With Japan’s hotel market booming, now would be a good time for the group to consider selling the Park Hyatt Tokyo

    The Park Hyatt Tokyo
  • Wednesday, 20 November, 2024
    Milan beats London and New York as home to most expensive shopping street

    Rents on Via Monte Napoleone have jumped as tax break schemes lure super-rich

    Via Monte Napoleone in Milan, Italy
  • Friday, 15 November, 2024
    Prime UK office and shopping centre values rise for first time in 2 years

    Two big London landlords say portfolio valuations improving as rents rise and rates fall

    A view of Moorfields in the City of London
  • Thursday, 14 November, 2024
    UK property
    UK renters hit by housing supply squeeze

    Number of new properties coming to market is weakest since 2021, driving rent rises, Rics survey finds

    Properties available to let in London
  • Tuesday, 12 November, 2024
    Brookfield Asset Management
    Brookfield and Segro to split Tritax EuroBox in €470mn deal

    Canadian asset manager agrees to sell warehouse assets after triumphing in takeover bid

    Tritax Eurobox’s Co-op logistics network distribution depot in Biggleswade, Bedfordshire
  • Thursday, 24 October, 2024
    Aware Super and Delancey to invest up to £1bn in London’s office sector

    Australian pension fund partners with UK property group in bet on asset class hit by higher rates and remote working

    An aerial photograph shows residential buildings in the Queen Elizabeth Olympic park, in Stratford, east London
  • Thursday, 24 October, 2024
    The Big Read
    Commercial property’s moment of truth

    Interest rates have peaked and activity in several sectors is picking up, but some fear bad news is still to emerge

    Montage of image taken from ground level looking up at the Citypoint building against a peach background with default rate chart lines running over the front
  • Monday, 14 October, 2024
    Lex
    How big is the real estate ‘stranded asset’ problem?

    Governments’ push towards net zero could lead to increased cost of upgrading buildings

    Heavy clouds loom over the London skyline
  • Thursday, 10 October, 2024
    Tritax EuroBox Plc
    Brookfield outbids Segro in takeover battle for warehouse owner

    Logistics properties have become one of the most attractive parts of the commercial real estate sector

    Construction vehicles stand in front of the framework of the large  building
  • Friday, 4 October, 2024
    Luxury London office portfolio comes to market in potential £400mn deal

    Sale by Alpine Grove Partners and Baupost set to offer test of demand for office space as sector recovers from the pandemic

    The sale includes an “irreplaceable” portfolio of landmark buildings such as 1 Cornhill
  • Thursday, 3 October, 2024
    Blackstone says property rebound will not save over-indebted office owners

    Landlords who have delayed writing down property values will have to take losses despite wider recovery

    Jonathan Gray
  • Thursday, 3 October, 2024
    British Land Co PLC
    Listed landlords gaining upper hand over private equity, says British Land boss

    Simon Carter says higher debt costs have levelled the playing field as UK property group buys several retail parks

    Exterior of Glasgow Fort shopping centre, which is owned by British Land
  • Thursday, 3 October, 2024
    Stuart Lipton
    We need a plan to revive Canary Wharf

    Tenants are deserting the area and moving back to the City of London — it must transform to survive

    Illustration of an image of Canary Wharf’s skyline on a curtain being drawn by a woman and child, revealing a greener low-rise estate
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