Mayfair Capital’s Property Income Trust for Charities (PITCH) has acquired a supermarket in north London for £12.7m, reflecting a net initial yield of 3.54%.
The London office market saw almost £5bn of transactions in the last quarter of 2020, as the mass vaccination programme in the UK, the EU trade deal and higher yields on London’s property encouraged investors to close deals in the city.
Central London investor and developer Martin’s Properties has appointed David Brown as finance director and Asif Khan as financial controller.
JLL has poached a BNP Paribas Real Estate director to help drive its expansion in the South East, Greater London and other regional cities.
London Resort Company seeks further funding as theme park’s debts and development costs continue to rise
Debenhams’ flagship store on Oxford Street is one of six stores that will not reopen after lockdown lifts.
Argent Related has revealed its first three office building designs at Brent Cross Town, the £4.5bn town centre development in London.