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Almost half of the U.K.'s £198 billion ($303 billion) in commercial property loans can't be refinanced due to declining property values and the struggling economy, a new study concludes. Read More »
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Almost a year after London's Olympics hosted Usain Bolt, Michael Phelps and other top athletes, a new firm is starting to market apartments for rent in the Olympic Village, which is now known as East ... Read More »
Property group British Land has decided to abandon its portfolio of retail properties on mainland Europe, labeling the continent a "sub-scale business." The publically-listed property company says it ... Read More »
U.S. private equity group Cerberus has bought a £325 million ($498.8 million) portfolio of underperforming commercial property loans from Lloyds Banking Group, as British banks try to shed bad proper... Read More »
Norway's oil fund has dramatically increased its property acquisitions in recent months, as it looks to establish itself as a key player in the real estate world. In the six months to March, the world... Read More »
A new master plan has been submitted for the long-delayed redevelopment of Convoys Wharf, the 18.6 hectare project in Deptford, London. The new plan by Terry Farrells will include 3,500 new homes, thr... Read More »
Central London's commercial property attracted more investors in 2012 than the rest of the U.K. for the first time, according to DTZ. Commercial property investments in the U.K. capital last year tot... Read More »
The Industrial Trust sold Hartlebury Trading Estate, a 180-acre industrial property complex located about 130 miles northwest of London, to Schroder Life Fund for £46.5 million. Read More »
Property groups from around the world are hammering out the final details this week on global standards for measuring buildings. The new standards would eliminate nagging inconsistencies which make it... Read More »
The big investments funds are not always smarter or better than smaller investors. But every once in a while they spot opportunities that others miss. A prime example can be found in Europe, where fun... Read More »
Forget the grand streets of Paris or the exclusive neighborhoods of London. The most expensive addresses in Europe are found on Romazzino Bay on the island of Sardinia, according to research by estate... Read More »
Retail real estate investment in Europe totaled €5.1 billion during the first quarter, a 60 percent increase from a year earlier, with the U.K. accounting for almost 40 percent of all activity, acco... Read More »
A London house has reportedly hit the market priced at £250 million ($381 million), a jaw-dropping price even by the U.K. capital's inflated standards. If the owners are able to get the price, it w... Read More »
International property marketers have turned their attention to Kenya, hoping to sell high end apartments in Dubai and London to the African country's growing wealthy class. Read More »
Malaysian investors are increasingly focusing on London office space. Since the beginning of 2010, Malaysian funds have invested $3.7 billion into London office buildings, according to data from Jon... Read More »
With London office prices soaring, U.K. commercial investors are turning to outlying cities like Glasgow and Edinburgh, according to a new report. Investors are increasingly priced out in the London r... Read More »
Quintain Estate & Development has sold its 50 percent interest in the Hilton Wembley Hotel in London for £30.1 million to a fund managed by Oaktree Capital Management. Read More »
U.K. property analysts are scratching their heads and rethinking forecasts after a year of flat prices and the introduction of new government measures designed to spur sales. Nationwide chief economis... Read More »
InterContinental Hotels Group Plc has sold its London Park Lane Hotel to a Middle Eastern investment group for $457 million, a 62 percent increase of its net book value at the end of 2012. InterConti... Read More »
European hotels posted mixed results in February as cold winter weather impacted travel, according to the latest STR Global data report. "Major airports saw delays and closures due to the winter storm... Read More »
Cushman & Wakefield opened MIPIM, the annual property show in Cannes, with good news for the industry--a survey showing a 29 percent increase from a year earlier in the number of active lenders in Eur... Read More »
