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Chinese Developer Sells £1B London Project At Big Discount As Loan Default Looms
News

Chinese Developer Sells £1B London Project At Big Discount As Loan Default Looms

... , the chairman of Hong Kong investor CC Land.  One Nine Elms is a 1.1M ... liability of £628M, and as such, CC Land will pay only a nominal amount for the ... the Cheesegrater office scheme in the City from British Land and Oxford Properties for £1.2B. It ...

Feb 06, 2024
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CBRE Could Pay More Than $1B To Buy Global Facilities Management Firm
News

CBRE Could Pay More Than $1B To Buy Global Facilities Management Firm

... the latest for CBRE, which over the last year bought British management and development firm Sovereign Centros, French company WorkInProgress and ...

Feb 05, 2024
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The Bisnow Weekender: It’s The Policy, Stupid
News

The Bisnow Weekender: It’s The Policy, Stupid

... and the ban on Chinese nationals purchasing certain pieces of land. Last year, when the U.S. Supreme Court declined to ... I could watch two more seasons of Midsomer Murders, a British crime drama that's equal parts cheesy and compelling. I ...

Jan 18, 2024
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Bad News For UK Real Estate: Rate Cuts Less Likely After Surprise Inflation Bump
News

Bad News For UK Real Estate: Rate Cuts Less Likely After Surprise Inflation Bump

... Wednesday, with every share in the index dropping. Big Yellow, British Land and Landsec were the worst performers, dropping 4%. Grainger had ...

Jan 17, 2024
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Landsec, Frasers: 2 Faces, 2 Approaches To 2024 Shopping Centre Investment
News

Landsec, Frasers: 2 Faces, 2 Approaches To 2024 Shopping Centre Investment

...  would buy the property from owners British Land and Norges Bank Investment Management.  British Land bought Meadowhall for £1.2B in ... Landsec is upping its exposure to malls, peer company British Land is pulling back, preferring to invest in London campuses ...

Jan 16, 2024
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Capital Sees Record Starts For Office Projects Even As Biggest 2024 Openings Sit Empty
News

Capital Sees Record Starts For Office Projects Even As Biggest 2024 Openings Sit Empty

... complete this year, from smallest to largest. 3 Sheldon Square British Land and GIC are refurbishing 135K SF at 3 Sheldon Square ...

Jan 15, 2024
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The Bisnow Weekender: Shop Till You Drop … Interest Rates
News

The Bisnow Weekender: Shop Till You Drop … Interest Rates

... Conference — Atlanta Developer Sentenced To 25 Years In Prison For Land Conservation Tax Fraud     My Slightly On/Off-Topic Media Diet ... Weekend? I am a huge fan of pretty much any British mystery show, so I will be bingeing Fool Me Once ...

Jan 11, 2024
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Meta Pulls Out Of Second Major London Office Lease
News

Meta Pulls Out Of Second Major London Office Lease

... move comes after Meta in September surrendered its lease at British Land’s 1 Triton Square in Euston, paying the real estate ... it did receive it back, however. At 1 Triton Square, British Land is converting offices earmarked for Meta into life sciences space ...

Jan 10, 2024
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California Forever, The Group Planning A New Bay Area City, Gears Up Amid Scrutiny
News

California Forever, The Group Planning A New Bay Area City, Gears Up Amid Scrutiny

The land was purchased by an acquisition vehicle called Flannery ... sought proof that the funds used to purchase the land originated in the U.S. Sramek told the WSJ ... the WSJ that the 3% is held by three British and Irish investors, as well as Thomas Mather, the ...

Jan 05, 2024
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This Week's London Deal Sheet
News

This Week's London Deal Sheet

... well as developers and REITs, including Shaftesbury Capital, British Land, Crosstree, Great Portland Estates, Argent, Land Securities and Lendlease. LEASING Segro has secured ...

Nov 30, 2023
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