Commercial Property News Archive for 11-Feb-2007

Jeremy Warner's Outlook: Gherkin sold. London's commercial property market is booming, and with good reason (Independent)

Never mind houses in Belgravia, the price of top commercial property in London just keeps on rising too. To prove the point, along comes the sale by Swiss Re of Lord Foster's iconic, but for most purposes hopelessly impractical, "Gherkin" in the heart of the City for �630m. This is the most a single office block in the UK has ever fetched. Nor is the record expected to stand for long. With both ...

Property might be about to subside (The Observer)

Last year, a quarter of all net retail investment went into commercial property funds - roughly the same amount as was invested in bonds.

UK Commercial Property Trust to buy 350.4 mln stg portfolio (Sharewatch)

UKPT will pay Phoenix Life 253 mln new shares and a cash payment of 80.8 mln stg.