July 2017


Skipton Lane Land Parcel Sold for $8.15m

Skipton Lane Land Parcel Sold for $8.15m

31 July 2017

Anvest Holdings Pty Ltd has purchased a 1.968 hectare vacant parcel of land with residential development potential at 28-50 Skipton Lane, Prestons.

 
 
Students Battle It Out In Real-World Property Competition

Students Battle It Out In Real-World Property Competition

31 July 2017

Undergraduate students from leading universities in Australia and New Zealand will have the opportunity to participate in a real estate case competition.

 
 
Melbourne Theosophical Society Sells Prime CBD Site

Melbourne Theosophical Society Sells Prime CBD Site

31 July 2017

A Chinese investor has purchased 124-130 Russell Street in Melbourne’s CBD, at the conclusion of a hotly contested sale campaign.

 
 
North Sydney Asset Snapped Up By Offshore Private Investor

North Sydney Asset Snapped Up By Offshore Private Investor

31 July 2017

A private offshore investor has snapped up a landmark, free-standing building over 11 levels and approximately 6,023.1sq m of NLA.

 
 
Rockhampton Officeworks Sells for $6 Million

Rockhampton Officeworks Sells for $6 Million

31 July 2017

A Gold Coast based private investor has snapped up the Rockhampton Officeworks store in Central Queensland for $6,050,000.

 
 
2017 investment into Scotland’s hotels sector totals annual volume for 2016 in just six months

2017 investment into Scotland’s hotels sector totals annual volume for 2016 in just six months

31 July 2017

According to international real estate advisor Savills, circa £118 million has been invested into Scotland’s hotels sector in the first half of 2017, already in line with total transaction volumes reached in 2016 (£119.7 million).

 
 
Top rents in Cardiff predicted to rise 4% by the end of next year

Top rents in Cardiff predicted to rise 4% by the end of next year

31 July 2017

Companies looking for smaller, less traditional and more creative space are driving the Cardiff office market with top rents expected to increase by 4% by the end of 2019, according to Savills. Rents for Grade A space currently stand at £25 per sq ft (£269 per sq m).

 
 
 
M&S Foodhall to anchor new out of town retail development in Ripon, Yorkshire

M&S Foodhall to anchor new out of town retail development in Ripon, Yorkshire

28 July 2017

Peveril Securities, in a joint venture with Rothstone Estates and represented by Savills, has secured M&S Foodhall as the anchor for Rotary Way, a new out of town retail development in Ripon, North Yorkshire.  

 
 
10 years on the credit crunch is still shaping the UK housing market

10 years on the credit crunch is still shaping the UK housing market

28 July 2017

On August 9 2007, citing ‘a complete evaporation of liquidity’, BNP Paribas froze three funds.  A month later, £1 billion was withdrawn from Northern Rock in a day.  The global financial crisis, an event that has fundamentally altered the shape of the UK housing market, had begun.

 
 

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