Sophia Furber
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CBRE GI sells giant Spanish office portfolio
FINANCE: The CBRE Global Investors’ European Office Fund has sold a 943,000 sq ft Spanish office portfolio as part of an ‘exit strategy’
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Orchard Street buys £35m service station
Orchard Street Investment Management has bought an M1 service station in Yorkshire for £35.1m, at a net initial yield of 6.8%…
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IPD: Japanese property returns 6.7%
FINANCE: Japanese commercial property returned 6.7% in the year to the end of April 2014, according to the latest figures from IPD.
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IPD: US property funds return 3%
FINANCE: US property funds reported a gross return of 3% in the second quarter of the year
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Rockspring hires AEW’s Sardar
FINANCE: Rockspring Property Investment Managers has hired Kim Sardar as assistant fund manager for its recently launched UK Value 2 Fund…
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Arzan backs RER’s Isle of Dogs plan
Dubai-based Arzan Wealth is funding plans to create a £600m retail-led destination on the Isle of Dogs, E14
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Hermes’ Palmer joins RBC
Debt specialist Marcus Palmer is joining Royal Bank of Canada as a managing director in its C$1.8bn (£980m) investment and treasury services business…
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UK shopping centres outperform in CBRE monthly index
Shopping centres were a star performer during July, returning 3.5%, of which 2.9% was capital value growth, according to CBRE
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Retail total return hits five-year peak
Total returns from retail property hit a five-year peak of 4.7% in Q2 as consumer spending drove a rebound in the sector’s performance, according to IPD
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BPF calls for council tax overhaul
The British Property Federation is calling on political parties to carry out the first revaluation of the council tax system since 1991
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Doctors Laboratory signs for Halo Building
Stanhope has signed an agreement with diagnostics clinic The Doctors Laboratory for the prelet of the entire Halo Building at 1 Mabledon Place, WC1
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Voreda seals £200m Imperial College deal
Investor-developer Voreda has exchanged contracts with Imperial College to build a £200m research and translation centre.