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News Archive: 2010

    23, 2010 December:

    Irish 'bad bank' acquires London landmarks

    National Asset Management Agency takes over developers' loans worth €70bn, acquiring some of London's best-known landmarks including Battersea power station...

    22, 2010 December:

    Pontins to be sold to property developers?

    Pontin's holiday camps could be sold to property developers after little interest materialised from holiday companies...

    19, 2010 December:

    Commercial investors encouraged to 'buy like hell'

    Despite a very small resurgence over the past year, the property sector remains widely unloved by investors and is the worst performing sector over three years...

    Twitter considering London property base

    The central London commercial property market could soon be home to a new base for micro-blogging site Twitter, which is looking for new offices in the capital, it has been revealed...

    Indian commercial subject to higher tax slot in 2011?

    Luxury hotels, schools and gymnasiums will soon have to shell out more property tax for the Municipal Corporation of Delhi (MCD)...

    17, 2010 December:

    Hammerson's magic £557m property deal

    The city home of magic circle law firm Allen & Overy has changed hands for £557m in one of the biggest property deals of the year...

    15, 2010 December:

    Risky bet on $3.9bn Vegas casino

    Amid a crushing recession that has left unfinished casino and condo projects stalled in Las Vegas and across the region, opening a new resort complex here seems a decidedly risky bet...

    12, 2010 December:

    Bloomberg to construct new commercial property

    The City of London commercial property market is set to become home to a new 500,000 sq ft building following revelations that Bloomberg is to establish a European headquarters in the area...

    07, 2010 December:

    French commercial heading towards recovery

    French commercial real estate investment market has seen a 41% increase with €6.9 billion transacted in the first nine months of the year, according to a new report...

    06, 2010 December:

    JP Morgan offices set for £300m sale

    Carlyle, the private equity group, is preparing to put the City offices of JP Morgan on the market at more than £300m...

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