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London-based property developer Minerva have successfully managed to restructure £750 million of debt, gaining two years of breathing space in the process.
Having been particularly badly hit by the credit crunch, ......
Commercial property developer and investor British Land has finalised the sale of half of its Broadgate Estate to private equity firm Blackstone.The sale of the stake in the £2.2 billion ......
The founder and chief executive of serviced office company Regus, Mark Dixon, is intending to sell ten percent of his own holding of the company’s shares.
Regus, which provides serviced and ......
Global property fund manager Stenham has continued its expansion into London commercial property market by buying three adjacent buildings on Grosvenor Street and one on Bourdon Street, in London’s up-market ......
Multinational real estate company CB Richard Ellis Investors is marketing its Houndsditch office portfolio in London.The three buildings, comprising almost 124,000 square feet of office space, are expected to fetch ......
Land Securities has confirmed that it has let 18,000 square feet of office space development at Dashwood House on Old Broad Street, London.The tenant is international law firm Cadwalader, Wickersham ......
Commercial property in the UK will not recover to its pre-credit crunch levels of value until at least 2014, a new report suggests.Despite many analysts’ talk of ‘green shoots’, any ......
Songbird Estates has been saved from bankruptcy by the world’s largest sovereign wealth fund, the China Investment Corporation.Songbird is the majority owner of Canary Wharf, the huge development in London’s ......
The National Pension Service of Korea, South Korea’s vast state-backed pension fund, is the most recent of a slew of foreign investors to purchase commercial property in London while prices ......
British-based property business Helical Bar has sold its short leasehold interest in Rex House on London’s Regent Street for £34 million.The lease, which still has 26 years remaining, was purchased ......