June, 2010

Tesco has announced plans to raise £950 million from issuing bonds against 41 of its supermarket commercial properties.

Commercial property companies Moorfield and Hines have teamed up to buy eight office buildings from the Brindleyplace Limited Partnership in Birmingham for just less than £200 million.

The government's recent hike in capital gains tax (CGT) for high-rate tax payers to 28 per cent should not have a great impact on UK commercial property investment, an expert has claimed.

Specialist asset manager F&C has launched a new open-ended UK commercial property fund.

Investors from the Middle East have tripled their stake in UK commercial property over the past five years, new research has found.

Chancellor George Osborne's emergency Budget will not dampen the revival in Yorkshire's commercial property sector, an expert has claimed.

There has been widespread relief within the commercial property sector that chancellor George Osborne's emergency Budget measures, announced earlier this week, were not as severe as first feared.

Standard Life Investments (SLI) has predicted close to double-digit returns from commercial property over the longer term.

Segro, a leading business space provider, has announced it will today (June 22nd) complete the acquisition of BAA’s 50 per cent interest in the Airport Property Partnership (APP), a joint venture with Aviva Investors.

Lloyds TSB's recent £16 million loan to Stenham Property for the purchase of a 76,000 sq ft office property in London suggests that the banks are now adopting more business-friendly commercial property lending policies, it has been claimed.

Member-directed pension schemes should seriously consider investing in the recovering commercial property market, a pensions executive has said.

The UK has seen a recent strengthening in commercial property investment volumes in the logistics sector, new research has found.

Land Securities Group, the UK's largest commercial property company, has sold its Park House development in London to Qatar-based developer and investor Barwa Real Estate for £250 million.

Investors from the oil-rich Middle East are being increasingly drawn to the UK's commercial property sector, it has been claimed.

The UK's commercial property market has witnessed an extraordinary recovery since the depths of the credit crunch, an expert has observed.

Hammerson, a commercial property company, has bought the Leadenhall Court office building in London for £65 million.

Commercial property lenders now have a "slightly more lenient attitude" towards the market, with most of the finance currently being directed towards prime properties, an expert has observed.

The UK Commercial Property Trust (UKCPT) and the F&C Commercial Property Trust (FCPT) - two of the UK's biggest commercial property investors - have agreed to merge, creating Britain's sixth largest listed property company.

York-based commercial property company the Helmsley Group has announced it is heading for a record investment year in 2010.

The commercial property sector saw investments rise by more than £700 million in the first quarter of the year, new figures show.

A diverse range of international buyers are targeting London's commercial property market and specifically the West End, an expert has observed.

European logistics provider Wincanton has moved its food service operations from Luton and Dunstable to a new 220,000 sq ft distribution centre in Hoddesdon Commercial Park, Hertfordshire, it has been reported.

Land Securities, the largest commercial property company in the UK, has hired its first PR agency to focus specifically on promoting its retail portfolio.

Science City York, a publicly funded body that supports hi-tech businesses, is developing a specialist commercial property strategy as part of its aim to ensure there are enough premises in York for science and technology-based companies.

London & Stamford Property, a UK-based commercial property investment company, has reported a strong rise in the value of its assets following several recent acquisitions.