London has beaten New York for the second year in a row as the most important city for the ultra-wealthy, according to Knight Frank’s Wealth Report, an annual analysis of wealth flows and property investment around the world.
Texton Property Fund concluded an agreement to acquire a retail park located in a prime location in Camborne in the UK (“Camborne Retail Park”) for £9,850,000 at an acquisition yield of 6.40%.
Johannesburg & London, 9 December 2015 - JLL (NYSE:JLL) today announced the acquisition of Trussard Property Consultants, a leading local real estate leasing and investment agency business, based in Johannesburg. The addition of Trussard will further accelerate the strong growth momentum in JLL’s South Africa business which is based in Rosebank, Johannesburg.
Actis, a leading emerging market investor, has announced an investment of R760m (US$54m) in Food Lover’s Market, estimated to be the largest independent food retail group in Africa.
STENPROP Limited, announce the sale of its Chiswell Street asset in London and the purchase of Trafalgar Court in Guernsey.
Prices rose for the seventh consecutive quarter between June and September, but there are signs that the market is slowing. Oliver Knight examines the latest figures.
Pam Golding Properties markets new development in Wimbledon.
The first shipping-container retail centre in the country has come on stream.
The South African Council for the Quantity Surveying Profession (SACQSP) and the Royal Institution of Chartered Surveyors (RICS) in London have committed to solidifying their relationship by signing a "Mutual Recognition of Professional Competence".
New Europe Property Investments says it plans to raise R1.14bn through the issue of new ordinary shares.
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