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Industry News | Property Finance |
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Major office deals raise cash and hopes | 05 June 2009
Two significant office building deals have raised expectations for London’s commercial property market.
So far this year, sales of commercial property have been the lowest on record. However, t ...
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Hammerson signs another 45000 square feet | 03 June 2009
European real estate company Hammerson has secured a further three tenants for its 125 Broad Street development in London, adding another 45,000 square feet of let space to its books.The Broad Street ...
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Henderson to invest in central London office space | 16 May 2009
Asset management company Henderson Global Investors is to create a second fund to take advantage of current commercial property prices in central London.
The fund, named CLOF II (Central London Offic ...
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HSBC considering London office space sale | 30 April 2009
Global bank HSBC has stated that it is considering a sell-off of its building at London’s Canary Wharf as well as major offices in New York and Paris.
The bank, which recently raised $19 billio ...
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Bank will determine end of commercial property slump | 29 April 2009
The end could be in sight for the fall in fortunes of London’s commercial property market, so long as the Bank of England takes the right action, a real estate fund management group has claimed. ...
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British Land to sell half of Broadgate | 27 April 2009
Property development and investment company British Land is hoping to sell around half of its London Broadgate estate, which is home to almost 5 million square feet of City office space.
At the end o ...
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Commercial property industry unhappy at budget | 25 April 2009
The commercial property industry has reacted with alarm at the government’s Budget report on Wednesday. The sector has been one of the worst impacted by the credit crunch, with commercial proper ...
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Swiss investors buy 70 million GBP London lease | 14 April 2009
AFIAA, a Swiss investment advisor for state pension funds, has completed a £70 million deal to buy the long leasehold for 31 Gresham Street in the City of London.
The acquisition of Garrard Hou ...
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London market 'to improve before Paris' | 19 March 2009
London’s struggling property market will pick up before Paris enjoys the same turnaround, a survey by a leading property developer shows.
Commercial property rates in London still have further ...
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