Bridget O’Connell
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Warner/Bank of Scotland buy Magna Park shed
Warner Estate Holdings and Bank of Scotland have acquired the 195,800 sq ft Unipart warehouse on Magna Park in Leicestershire, for £18.25m.
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Churston Heard wins Retail Consultant of the Year
Churston Heard has been awarded the Retail Consultant of the Year Award 2006 at the Property Managers Association annual Christmas lunch.
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Creedy quits as L&G Property MD
Legal & General’s Mark Creedy shocked the industry this week with his surprise decision to step down as managing director of L&G Property.
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LTA agrees sale of London’s Queen’s Club to members
The members of London’s Queen’s Club have agreed to a £35m out-of-court settlement with the Lawn Tennis Association for ownership of the club in Baron’s Court, W14.
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Royal Mail responds to government’s Post Office plans
The Royal Mail has today welcomed a government plan for reform of the post office network, which includes 2,500 closures. The Royal Mail said, in view of today’s announcement by…
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Amec to sell property development portfolio
Amec announced today that it intends to sell its £1bn property development portfolio. The property developer, construction and engineering group made the announcement as part of its ongoing strategic review…
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Hammerson shareholders back REIT conversion
Hammerson has announced it has received shareholder-backing to become a UK REIT on 1 January 2007. The company held an extraordinary general meeting this morning where shareholders voted in favour…
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Tishman Speyer buys Munich scheme for €150m
Tishman Speyer has bought an office and retail complex in the centre of Munich for around €150m (£100m) on behalf of its TSEV fund.
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JLL expands in Australia with agency buy
Jones Lang LaSalle has expanded its Australian business with the acquisition of Western Australian agency NSC Corporate. The Western Australian office of JLL expects a 60% increase in revenue from…
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L&G chief Creedy to step down at the end of 2007
Mark Creedy is stepping down as managing director of Legal & General Property at the end of 2007. Creedy will remain as managing director with full responsibility until a successor…
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Terry Farrell’s plan of action
Farrell’s Ken Livingstone-commissioned masterplan has identified the potential locations for major interventions, where public realm improvements could be made as part of long-term improvements.
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Santa Ken is coming to town
The Oxford Street-shoppers wear coats, scarves, hats and looks of desperation as they brave the rain and crowds in search of the perfect present.