Property moguls David and Simon Reuben seem to be engaged on something of a buying spree in Majorca, having bought up several prime parcels of land there this year.
The Reubens' latest purchase is a 214 ha plot near Cala Mesquida in the!-->!-->!-->… Read More...
EG Group, the business founded and run by property moguls Mohsin and Zuber Issa, has agreed to buy US company Cumberland Farms which operates 600 fuel stations and convenience stores across seven US states.
The acquisition maintains
EG!-->!-->!-->… Read More...
US real estate, investment and management company Cortland has bought Leeds-based
Cortland says it intends to
create a market-leading position in the UK’s build to rent (BTR) sector and
that it plans to invest £4bn ($4.9bn)!-->!-->!-->… Read More...
Saudi managed Cedar Tree
Investments has spent £39m on a portfolio of residential apartment blocks and
retail units in Manchester.
Cedar Tree Investments, a
company whose assets are managed by Jeddah-based AIMS Investments, has bought!-->!-->!-->… Read More...
David and Simon Reuben have
expanded their portfolio of prime central London
property by buying Clareville House on the north side of Panton Street in SW1, a report says.
The Evening Standard says
that the Reubens have spent around £65m!-->!-->!-->… Read More...
specialist prime property investment platform, has extended an £8.1m
development loan for Heronslea’s luxury 10 unit apartment scheme in Radlett,
The completed scheme extending
to 14,000 sq ft has been!-->!-->!-->… Read More...
Major Indian real estate
developer Indiabulls Real Estate has said that it is selling its London property
The company has announced
that it is to sell a subsidiary which owns property at 22 Hanover Square, London,
for £200m.!-->!-->!-->… Read More...
David and Simon Reuben
have acquired 100 Pall Mall in St. James’s, London for a sum reported to be around £90m.
The grade II listed building
is a multi tenanted office building, including serviced office space, over
ground, mezzanine!-->!-->!-->… Read More...
Czech property tycoon Radovan
Vitek has spent £55m on a portfolio of 11 luxury serviced apartments on The
Bishops Avenue, London N2 – a road that it is frequently referred to as
The Evening Standard says that!-->!-->!-->… Read More...
Citigroup is close to striking a deal to buy the Canary Wharf tower in which its own headquarters is located, it is reported.
The 42 storey 25 Canada Square building was put up for sale by its owners AGC Equity Partners last autumn. Now… Read More...
Hines European Value Fund (HEVF) have bought up what are described as the assets above London’s Bond Street underground station, with the intention of delivering retail and residential space.
International real estate firm Hines acquired… Read More...
ADIB Abu Dhabi Islamic Bank’s branch office at One Hyde Park has been sold to an undisclosed European investor for £27.5m, it is reported.
The investment will earn its new owner a rent in the region of £900,000 pa.
In reality much… Read More...
The Swiss investment bank UBS AG now owns 9.37% of London letting and estate agency Foxtons, following the announcement of a transaction which took place last week.
The announcement said that the transaction was 13.3m indirect shares and… Read More...
Malaysian investors are spending £1.6bn on acquiring commercial assets at London’s Battersea Power Station development.
Pemodalan Nasional Bhd, Malaysia’s largest asset management company, and the state pension fund Employees Provident… Read More...
Hong-Kong based Wing Tai Properties have bought Commerzbank's London HQ for £460m, in a deal which confirms the continued attractiveness of the London commercial market to Asian investors.
The property at 30 Gresham Street was sold by… Read More...
M&G Investments is advancing £125m to Urbanest for a 654 bed student property scheme in the City of London.
Urbanest City will complete in 2021 and will provide accommodation for King’s College London students. The site will also… Read More...