Hammerson has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V (Orion) for a headline price of GBP400 million with expected net proceeds of GBP395 million.
Central London investment totalled GBP607.1m in January 2020, a 138.5 per cent increase compared with January 2019, indicating continued positive momentum from December and heightened investor confidence, according to international real estate adviser Savills.
We are conducting a survey of the entire Property Funds World readership to assess the best Property/Real Estate Fund Managers, Investors, Consultants, Advisers and Service Providers during 2019 in a range of categories covering the entire Property Funds space.
Real estate companies are being encouraged to change their attitude towards cyber-attacks after a report warned the sector is largely unprepared for data breaches.
London has ranked top in an index of 130 European cities with the best long-term commercial real estate (CRE) investment potential, despite the ongoing uncertainty surrounding Brexit.
More than half (55 per cent) of property investors in the UK have paused their investment plans ahead of the country leaving the EU, but research suggests a spending spree could follow when the Brexit deadline passes.
Technology such as artificial intelligence (AI) and machine learning brings huge opportunities for the real estate sector, but legal and regulatory concerns are holding back businesses from driving innovation in the sector, research suggests.
Mayfair Capital, a member of Swiss Life Asset Managers, has made its largest acquisition to date through the purchase of the Bonhill Building in Shoreditch for GBP112.5 million.