Find in the news:
BY COUNTRY

Commercial property investment in Central London reaches £2.9bn for November



Commercial property transactions in central London reached £2.9bn for November, which has boosted the year-to-date figures to £15.4bn.
The current total for "under offers" is £3.8bn and there are other major deals in the pipeline, suggesting that 2014 is due to become one of the most active years on record.
These figures include all commercial property investment transactions, but exclude hotels.  It indicates an increase in speed of deals from October’s figure of £1.2bn, but the overall 2014 figure may be below the record of £22.4bn which was set in 2013.

The biggest deal during November was the purchase of 30 St Mary Axe, EC3, by the Safra family at £725m.  Northacre purchased the Metropolitan Police headquarters located at 10 Broadway, SW1 for £350m.  Eight lots were transacted during last month to a value of £100m plus.  Three out of four £100m plus transactions were concluded off-market, indicating a continued shortage of high-value stock on the market.

DTZ Research is indicating a record £89bn being targeted toward European commercial property, with one third, or £28bn, being targeted at the UK.  There is a strong demand for core assets in London from both private and institutional investors.  Investors seeking prime assets above £200m have very few options to consider in Europe which offer the liquidity and size within central London.

London still offers excellent investment prospects for those seeking income growth, with submarkets experiencing double-digit growth in rentals during the current year.  It is expected that City rental growth will reach double digits during next year, which may exceed West End growth during 2015.  Record rents have been achieved in King’s Cross and the City of London these past few months.  The global oil company, Trafigura, is said to be locked in talks to secure space at 30 Berkeley Square at a price nearing £150 per sq ft, which, if achieved, would set a record for the highest office rent ever to be paid within the UK.


More about shopping malls in the United Kingdom



TODAY, Italy:
The new store is located in the San Marco neighborhood at Corso Garibaldi, 20.
TODAY, USA:
The restaurant industry is facing severe staffing shortages amid a mass return of diners after quarantine.
YESTERDAY, USA:
For the first time, Brand Dior appeared in the Lyst Index rankings and immediately took the third position.
DAY BEFORE YESTERDAY, Italy:
Fendi Casa is starting a new stage of life and hopes that the partnership with Italian Design Holding will strengthen the position of the luxury furniture brand in the world market.
DAY BEFORE YESTERDAY, Sweden:
The long-awaited scheme to buy back and resell used furniture is expected to reduce the number of items sent to landfills.
May 4, 2021, China:
According to the concept's authors, shopping malls don't have to be "bright, white, and shiny," according to the authors of the idea.
Friend
and Follow
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar
Aviapark GLA:2 475 699 SF
ADDRESS: ul. Aviakonstruktora Mikoyana, 10
Russia . Moscow region
Aviapark


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us