Hammerson plc has exchanged contracts on the sale of St Oswald’s Retail Park, Gloucester, to a local authority for £54 million. The sale price reflects a net initial yield of 8.5%, and is 8% below the 30 June 2019 book value. The 20,900m2 scheme, which is located to the north of Gloucester city...
A R113 million new convenience retail centre will open at Atterbury’s Richmond Park development, the site of the biggest land restitution in the Western Cape, in April 2020. Adding to the superb convenience of this Cape Town business park, the new 6,500m2 Richmond Corner will feature much...
Capco has announced the exchange of contracts for the sale of its interests in Earls Court,excluding Lillie Square, to APG and Delancey (on behalf of its client fund) for £425 million. This transaction is consistent with Capco’s strategy of monetising investments at Earls Court over time with a...
While the banks may be relaxing their lending criteria in order to keep their residential mortgages ticking over, a large percentage of commercial property deals are still falling through the cracks. This is largely because applicants struggle to access the correct person or department within the...
According to recently released data from Lightstone, Riverside View (located in the Northern Suburbs of Johannesburg) is the suburb with the highest volume of first-time buyers in Gauteng. The Riverside View Housing and Development Programme (RDP) began in 2016 and has offered first time buyers the...
