Offices
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Globalworth under offer for Bucharest office
Romanian real estate investor Globalworth Real Estate Investments is under offer to buy the second building in Skanska’s Green Court Bucharest project, Romania, for €47m.
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Land Securities delivers 5.9% six month total return
Land Securities has delivered a return of 5.9% for the six months to September, underperforming the IPD Quarterly Universe at 6.8%.
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Land Securities confirms Deutsche Bank prelet
Land Securities has confirmed the prelet of 92,000 sq ft at the Zig Zag Building, SW1 to Deutsche Bank
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Boom in construction of new offices in central London
Central London continues to see growth in office building, with construction work at a seven-year high, a report by Deloitte Real Estate shows.
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London office starts hit 13-year high
New office construction started in London in the year to the end of September has reached its highest level for more than 13 years.
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£210m Hounslow sceme approved
A partnership between Barratt London, Wilson Bowden and the London Borough of Hounslow has been granted planning permission for the £210m redevelopment of Hounslow town centre.
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Grosvenor to sell prime SW1 block
Grosvenor Fund Management is selling a prime St James’s office block for £225m – a yield of 3.6%.
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Alchemi goes down the Strand
BlackRock has appointed Alchemi Group as development manager for 5 Strand, WC2, in Trafalgar Square.
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TCN to redevelop Assay Building
Developer TCN UK has unveiled plans to transform an historic Birmingham office building
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Old Vinyl Factory attracts media academy
Media and entertainment group Global is to open an 800-student university technical college at U+I Group’s The Old Vinyl Factory, Hayes, Middlesex.
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South Bank office rents compete with City
Office rents on London’s South Bank are closer to City rents than ever before and could soon trump the Square Mile
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Hibernia signs Hubspot
Hibernia REIT has prelet 27,500 sq ft at its refurbished Commerzbank House in Dublin to Hubspot Ireland.