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New York

American Realty Capital New York Recovery REIT to acquire Manhattan office building

Fri, 25/10/2013 - 14:04

American Realty Capital New York Recovery REIT is to acquire an institutional-quality office building located at 1440 Broadway in Times Square South from a subsidiary of Rockpoint Group. »

Nexus Place

Cornerstone acquires Nexus Place

Fri, 25/10/2013 - 13:33

Cornerstone Real Estate Advisers Europe has acquired, on behalf of an institutional investor, Nexus Place, 25 Farringdon Street, for GBP128m at a yield of around 5.14 per cent from Tishman Speyer. »

Houston

Hines to begin construction on 609 Main at Texas

Fri, 25/10/2013 - 12:13

Hines is to begin construction of 609 Main at Texas, the 47-storey, 1,050,000-square-foot office tower under development at the corner of Main and Texas streets in Downtown Houston. »

406-408 Strand

LGP sells Strand residential development site to English Rose

Fri, 25/10/2013 - 10:09

Legal & General Property (LGP), represented by CBRE, has sold the long leasehold interest in the upper parts of 406-408 Strand to Covent Garden residential developer English Rose for GBP11.625m.  »

Report

Secondary property returns in the UK will outperform prime from 2014, says DTZ

Fri, 25/10/2013 - 06:09

Secondary property will outperform prime on a total return basis from next year, according to a secondary market pricing update report from DTZ. »

Up arrow

Irish property values rise for the first time since downturn


Thu, 24/10/2013 - 16:05

Irish commercial property values, which fell by more than 65 per cent since the recession, rose by 0.3 per cent during the third quarter of 2013, according to the IPD/SCSI Ireland Quarterly Property Index. »

Money and handshake

Gramercy Property Trust acquires USD9.5m industrial facility in Texas

Thu, 24/10/2013 - 14:29

Gramercy Property Trust has closed the acquisition of an approximately 120,350 square foot industrial facility in Austin, Texas. »

UK flag

First Property Group establishes new UK partnership

Thu, 24/10/2013 - 14:11

First Property Group has established a new partnership with clients of an investment business to invest in office buildings in the UK with a view to converting these to residential use. »

Four fingers

Braemar Estates adds four recruits to Hale team

Thu, 24/10/2013 - 13:41

Specialist property manager Braemar Estates has expanded its Hale-based team with the appointment of four new recruits, including two experienced property managers. »

James Heyworth-Dunne

Cushman & Wakefield strengthens city agency team with key hire

Thu, 24/10/2013 - 12:28

Cushman & Wakefield has hired James Heyworth-Dunne from CBRE as a partner in its London markets city agency team. »

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