RealtyBizNews: Real Estate News & More
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In UK developer news, a new venture by Sir Stuart Lipton and his brother architect Lord Rogers is in the offing. Lipton leaves Chelsfield Partners LLP to purusue the new venture, but will continue to be involved at the company he and partner Elliott Bernerd launched.
On UK residential scene, Jones Lang LaSalle will reportedly be the International sales agents for the new Battersea Power Station development. Situated right on the Thames, the site is one of London’s most famous landmarks.
New of UK real estate moves last week reveals Hammerson has acquired four shopping centers in a deal estimated to be worth £254 million signals the firms emergence as the country’s biggest retail landlord. The announcement last Friday the company had acquired a Hermes and partners investment, Junction Fund, is a key move given it is the largest this year for Hammerson.
