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US Real Estate
Blackstone, Lone Star, and Starwood Eye Commerzbank UK Portfolio
By
Al Twitty
| March 13, 2013
US Real Estate
Quadrant Estates Ventures Heat Up UK Market
By
Phil Butler
| March 6, 2013
According to news from Quadrant Estates, venture partners CarVal Investors, Orion Capital Managers, and the City of London Corporation announced the appointment of Skanska as building contractor at 100 Cheapside prime office development in London (illustration below). The 100,000 sq ft prime space, estimated to cost £28 million when completed in autumn 2014, is situated in the center of London, between the Bank of England and St Paul’s on the corner of King Street.
International
,
US Real Estate
CIH Report Shows Young People Locked Out of UK Housing Market
By
Allison Halliday
| March 6, 2013
A report from the Chartered Institute of Housing (CIH)shows how ownership amongst young people in England has dropped by a third during the past two decades. In 1992 67% of people aged between 25 and 34 owned their own home, compared to just 43% in 2012.
International
,
US Real Estate
UK Real Estate Market Hotting up Towards Spring
By
Allison Halliday
| March 6, 2013
Figures from the Agency Express Property Activity Index showed the UK real estate market is already exiting the winter lull. January showed encouraging signs of growth, and this has been backed up by figures for February.
DIY-Home Improvement
,
US Real Estate
Crown Paints Participates in Recycling Scheme
By
Allison Halliday
| March 5, 2013
Most people have half empty pots of paint languishing in their sheds and garages, but Crown Paints is a supporting partner of Climate Week and is opening the doors of its network of 119 decorating centres throughout England and Wales and Scotland. This will enable people to return their surplus paint for recycling. It's all part of their ‘Kick out the Can’ scheme.
US Real Estate
CBRE Names Chris Brett Head of UK International Investment
By
Rhett Butler
| February 22, 2013
Yesterday, CBRE appointed former LaSalle Investment Management exec Chris Brett as Head of International Investment for its UK business. Brett will head a new arm of CBRE in advising international investors wanting access to commercial real estate opportunities withing the wider UK market.
International
,
US Real Estate
FMB Asks UK Government to Boost the Construction Industry
By
Allison Halliday
| January 29, 2013
The Federation of Master Builders has asked the UK government to look at ways of stimulating home construction within Britain as a way to kick-start the economy and help ease the housing crisis. Data from the Office of National Statistics shows output within this sector grew by just 0.3% during the final quarter of 2012, and this follows the fall of 2.5% between the second and third quarters of last year.
Market Watch
,
US Real Estate
UK Real Estate Asking Prices on the Rise
By
Alina Popescu
| January 21, 2013
UK property asking prices went up by 2% in January froth their December level, leading to a 2.4% year on year increase, as shown by Rightmove data. The property website forecasts that both prices and transaction numbers for real estate will moderately grow in 2013, based on their increase in traffic in the new year.
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