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Central Saint Giles set to become world-class dining destination (UK)

Legal & General Property and Mitsubishi Estate Company are set to create a new world-class dining destination at their Central Saint Giles development in Central London. The 500,000 ft² ( ...

Bishops Place granted approval by Hackney Councils planning committee (UK)

The London Borough of Hackney approved Hammerson's Bishops Place Regeneration Project at its planning committee on November 4, 2009 following amendments to the proposals.The revised scheme includes 23 ...

RICS: Public sector works support construction industry (UK)

All construction workloads fell in the third quarter according to the latest RICS survey of the sector with the exception of the non-housing public works category which is providing an important crutc ...

JLL: Bank lending falls for first time since 1997 (UK)

According to Jones Lang LaSalle, the latest Bank of England lending figures show that bank lending in sterling to real estate over Q3 2009 fell for the first time since December 1997.Total lending dro ...

British Property Opportunities Fund delivers outstanding returns vs. IMA property sector (UK)

The British Property Opportunities Fund, managed by Managing Partners Limited (MPL), the investment boutique, has delivered outstanding returns over the last year compared with the average performance ...

DTZ: Rate of rental decline easing in Europe (EUR/CZ)

A high share of renegotiations, incentives to tenants and increased pressure from occupiers to lower rents were the main features of the office market in Europe during Q3 2009. Unsurprisingly, in the ...

Sale of US embassy in London (UK)

The US State Department has entered into an agreement to sell the Chancery in London, located in Grosvenor Square. The sale is to Qatari Diar Real Estate Investment Company headquartered in Doha, Qat ...

MEAG leases out 6,200 m

MEAG is leasing 6,200 m² in its Paris Eight property to the international legal firm Norton Rose. The office building Paris Eight is situated at 40 Rue de Courcelles in Paris's 8th arrondisse ...

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