HSBC Sells London Base to Metrovacesa for U.K. Record 2007-05-02 16:33:00 The London headquarters of HSBC Holdings Plc, Europe's largest bank by market value, was bought by Spanish real estate company Metrovacesa SA for 1.09 billion pounds ($2.2 billion), a record for a U.K. building. Read More..
Read more:Record
AMP Capital Investors grows real estate team 2007-05-04 23:14:00 Read More..“We are very pleased to have Tim joining the team in London. We now have four members of the real estate securities team located in the UK and we are looking to recruit further staff,” said Ward.
Read more:Investors
GE Buys in City of London 2007-05-04 00:33:00 GE Real Estate UK has moved into the insurance district in the City of London with its £15.75 million (U.S.$31.3 million) acquisition of 10 Lloyd’s Avenue from Liverpool Victoria Friendly Society.Read More..
U.S. Company Snaps Up Glasgow Office for $66.5M 2007-05-07 23:18:00 Norfolk, Va.-based Harbor Group International L.L.C. continues its expansion into international markets with the acquisition of a 100,000-square-foot office building in Glasgow
.more..
As Britain gets its first £1bn building, what price London's skyline? 2007-05-05 23:47:00 It is 210 metres tall, houses 8,000 staff and has won awards for environmental efficiency. Now it's famous too. The head office of HSBC, one of two giant steel and glass boxes alongside the central tower at Canary Wharf in London, this week became the first building in Britain
to be sold for more than £1bn.Nore..
Read more:price
£1bn Brixton eyes Park 2007-05-10 01:06:00 Brixton, which already owns 2.8m sq ft of factories, offices and warehouse space there, is planning to buy more. And it says it has a £1bn war chest to fund acquisitions.More...
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London Real Estate Is World's Most Expensive 2007-05-08 23:59:00 Wealth Report 2007," by real estate agent Knight Frank and Citi Private Bank, a division of US banking titan Citigroup, finds residential property in London costs an average of ?2,300 per square foot or 36,800 euros ($49,889 U.S.) per square meter. More..
Read more:Estate
, World
London: Where the billionaires come to roost 2007-05-12 23:52:00 London real estate agents say they've never seen anything like the Russian invasion. “The Russians have incredible appetites for high-end houses,” says Trevor Abrahamson, managing director of Glentree International, a property company that caters to the ultrarich. “They will spend £20- to £30-million on a house without blinking.”MOre...
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'Gazumping' runs rampant in London real estate 2007-05-10 23:55:00 It cost Richard Stansfield $4,000 to prepare the paperwork to buy a four-bedroom town house in south London's Balham neighborhood. When the seller got a better offer, the deal was lost, and so was Stansfield's money.More...
House prices up by 13.9% in London 2007-05-15 00:51:00 House prices in London were up 13.9 per cent in the 12 months since March 2006, the largest growth of England's regions. That is according to new figures from the Communities and Local Government (CLG) out today. This is three percentage points above the UK average of 10.9 per cent. The survey finds the average house price in London in March was £316,308
Read more:House
Market insider Lulu Egerton knows the agony of buying a flat only too well 2007-05-13 23:29:00 The reality is that prime property in London is being driven by a supply-and-demand squeeze of extreme proportions, coupled with a wall of money from almost every corner of the globe. This is not just the place we live in; it's a place where everyone else wants to live, too. Knightsbridge, Belgravia, Chelsea, South Kensington, and Notting Hill now make up the most expensive two square miles of real estate in the world.More...
Read more:Market
, agony
Lend Lease eyes London Olympic village REIT-report 2007-05-18 01:36:00 Australian property group Lend Lease Corp (LLC.AX: Quote, Profile , Research), which has a contract to build a 4.5 million square foot (418,100 square metre) Olympic
village in east London with 4,200 apartments, said it planned to create a fund worth 1.5 billion pounds ($2.97 billion), the Daily Telegraph said.More..
Read more:report
British Land gives go-ahead to latest tower of London: the Cheese Grater 2007-05-23 19:37:00 British Land joined the growing band of property developers keen to build skyscrapers in London's financial district yesterday after it gave the go-ahead
to plans for a wedge-shaped tower nestled between the Lloyd's of London building and the landmark Swiss Re tower, known as the Gherkin.
Read more:British
, Cheese
London property the focus for Arab investors 2007-05-25 21:12:00 The two most expensive homes sold in London last year – a £37m former office block at 100 Park Lane and a £33m home in Belgrave Square – were both bought by Arab investors.
Read more:property
London property streaks ahead 2007-06-02 18:21:00 House price growth in London again outstripped the rest of the country in April, according to new research
Read more:property
, ahead
Price of one bedroom flat hits a record £3 million 2007-06-06 07:30:00 Experts believe London has effectively become "detached" from the rest of Britain's housing market because of the influx of foreign capital and massive City bonuses.
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Going green pays off for UK property developer 2007-06-09 16:55:00 CLIMBING THE stairs to the first-floor offices of Grant Management's New Town headquarters in Edinburgh, visitors pass a framed photograph of the property
firm's founder Peter Grant meeting Bill Clinton.
Read more:Going
UK house prices increased by 0.3% in May 2007-06-07 17:29:00 The annual rate of house price growth nudged lower for the second successive month to 10.6% from a peak of 11.1% in March.
Prices of prime property in central London are growing 2007-06-11 16:15:00 Research has shown that London’s traditional spring market rush is starting earlier and earlier every year. Over the past two years the market has opened in December rather than March and runs on well into May. The beginning of this year saw a price growth totalling nearly 11.9 percent in the first quarter.
Read more:Prices
, prime
, property
London property prices 'rise 33% in a year' 2007-06-15 16:11:00 Property prices in London's poshest postcodes are rising at their fastest rate for almost 30 years, figures today indicated. The value of homes in prime areas of the capital swelled by 33.3% in the 12 months to May - the highest rate of annual inflation since March 1979.
Read more:property
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