Funds sell central London as foreign buyers move in

Article Abstract:

UK investment funds sold property in the City and West End areas of London, England, worth 340 million pounds sterling in the fourth quarter of 1995, according to 'Central London Investment Market' from Hillier Parker. They are selling off properties in central London because they feel that better returns can be obtained from other asset classes. However, there is still strong interest in central London properties from foreign investors and UK property concerns.

London, England, Buildings and facilities

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IPF pushes quicker deals to boost property liquidity

Article Abstract:

Completing property deals more rapidly would encourage more companies and funds to invest in property, according to the Investment Property Forum (IPF). New measures proposed by the IPF are designed to make the property market more liquid, and therefore more competitive with equities and gilts. Ways of cutting down transaction times could include property log books, giving up-to-date information on issues such as planning reports and service contracts.

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What's in store?

Article Abstract:

A redevelopment planned by Selfridges in London, England, is examined in detail. The retailer has set up a JV with Stanhope Developments for the project.

GENERAL MERCHANDISE STORES, Retail industry, Retail trade, Retail stores, Selfridges Retail Ltd., Stanhope Developments

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