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12 Sep 2013
Dilapidated Grade II music hall where the Beatles performed is to be saved

It was the place to be seen in Manchester when The Beatles played to packed houses, but the Hulme Hippodrome since fell into disrepair - now campaigners are hoping to raise enough cash to refurbish the Grade II-listed building. / Source:

09 Sep 2013
The Gherkin will be managed as part of CBRE’s Premier Properties Programme

CBRE, the global property advisor, has been appointed to manage the Gherkin by landlord 30 St Mary Axe (Bermuda) LP, a joint venture between IVG EuroSelect 14, a closed-end fund managed by IVG Private Funds Management GmbH, and Evans Randall as one of the world’s most iconic commercial buildings approaches its ten year anniversary.  / Source: ?????????.??

05 Sep 2013
Gordon Ramsay and David Beckham restaurant Union Street Café to open in September

Celebrity chef Gordon Ramsay is to open a new London restaurant, with the backing of football star David Beckham. / Source:

02 Sep 2013
Ikea eyeing expansion in the GCC

Swedish furnishing chain Ikea is considering opening more outlets in the GCC, according to the company’s top executive in the region.  / Source:

27 Aug 2013
LaSalle Hotel Properties Announces Acquisition of Two San Francisco Hotels

LaSalle Hotel Properties LHO -0.80% today announced that it acquired the Harbor Court Hotel and Hotel Triton, both located in San Francisco, CA for $47.8 million. The Company funded the transaction with borrowings from its Senior Unsecured Credit Facility.  / Source: marketwatch

20 Aug 2013
Blackstone to Sell Broadgate Interest for $2.7 Billion

Blackstone Group LP (BX), the biggest manager of private-equity real estate funds, agreed to sell its 50 percent stake in London’s Broadgate complex for more than 1.7 billion pounds ($2.66 billion) in one of Europe’s largest office deals, said two people with knowledge of the transaction.  / Source: bloomberg

15 Aug 2013
Secret command centre used by Winston Churchill goes up for sale

The Ministry of Defence is selling off the 28,000 sq ft 'ghost station' in a bid to raise up to £60million for frontline troops.  / Source:

14 Aug 2013
London Underground to sell listed HQ

London Underground is to sell off its headquarters in Westminster, which boasts Art Deco interiors and sculptures by Jacob Epstein, Eric Gill and Henry Moore. The ten-storey, Grade I-listed structure at 55 Broadway was London’s first skyscraper when it was erected in 1929 by the architect Charles Holden.  / Source: theartnewspaper

08 Aug 2013
Architect designs skyscraper that rotates 360 degrees

Forget the Shard, the latest plans for a skyscraper in London would not only give fantastic views of the city but these views could change every hour and a half because the building rotates.  / Source: The Daily Mail

06 Aug 2013
Billionaire Pritzker Purchases Rest of Commune Hotels

Billionaire John Pritzker, the son of the late founder of the Hyatt (H) Hotels Corp. chain, bought the 50 percent of closely held Commune Hotels and Resorts that he didn’t already own for an undisclosed amount.  / Source: bloomberg

05 Aug 2013
Bond-themed hotel stay launched in Scotland

The five-star Isle of Eriska Hotel has launched a James Bond Escape package to celebrate 50 years of the movie franchise.  / Source: The Telegraph

01 Aug 2013
Grand Hyatt debuts in North East China

Hyatt Hotel Corporation has introduced the Grand Hyatt brand in North-East China. The company has opened Grand Hyatt Shenyang, in collaboration with China Resources Land Limited, a Hong Kong-based developer. The 353-room property features 34 suites and Grand Club accommodations, as per a release. / Source:

23 Jul 2013
Turkish court annuls stay of execution on Istanbul's Gezi Park construction

An Istanbul administrative court has unanimously overturned a lower court’s stay of order ruling on planned construction on Istanbul’s Gezi Park, allowing the demolition of the green space to resume ahead of the subsequent mall construction.  / Source: hurriyetdailynews

22 Jul 2013
China plans to construct world

Sky City will soon replace the Burj Khalifa as the world's tallest building, as China plans to one-up Dubai's structure in just 90 days. / Source:

18 Jul 2013
Jean Coutu to sell remaining Rite-Aid stake

Jean Coutu Group Inc.’s decision to sell its remaining 7.2% stake in Rite-Aid Corp. raises more questions about what the Quebec-based drugstore chain has planned for its growing cash position. / Source: Financial Times

17 Jul 2013
Stella International Takes on LVMH to Expand in Paris

Stella International Holdings Ltd. (1836), the Asian shoemaker that manufactures for companies such as Prada SpA (1913), plans to expand its own brands in Paris, turning into a lower priced competitor to luxury clients there.  / Source: bloomberg

12 Jul 2013
Zaha Hadid buys The Design Museum

The Design Museum has been located in a former banana ripening factory at London's Shad Thames, near London Bridge, since it opened in 1989. On Tuesday, the museum announced it was selling the building to Zaha Hadid Architects.  / Source:

11 Jul 2013
ECE fund purchases shopping centre in Berlin

The ECE European Prime Shopping Centre Fund has acquired the Hallen am Borsigturm shopping centre in Berlin-Tegel. The seller of the property is Vernal Asset 2BV. The financial details were not disclosed.  / Source:

09 Jul 2013
NCC starts construction of Matinkylä Metro Center in Espoo

NCC is to start construction of a shopping mall and a public transport hub in Matinkylä, Espoo, in the Greater Helsinki area. The shopping mall project will be carried out in a 50/50 joint venture between NCC and Citycon. The total order value is SEK 1 017 million and the orders will be registered in the second quarter of 2013.  / Source:

08 Jul 2013
Ping An of China Said to Buy Lloyd’s of London Building

A Chinese insurer is purchasing the home of the Lloyd’s insurance market for 260 million pounds ($388 million), London-based property broker Savills Plc (SVS) said in a statement today without naming the buyer. The deal requires regulatory approval, according to one of the people. Both asked not to be identified because the purchaser hasn’t publicly been named.  / Source: bloomberg


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