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Great Portland posts stellar outperformance

22 May 2013

Great Portland Estates has increased its net asset value per share by a sizeable 10.7% over the year ending 31 March, it was announced this morning.

BPF calls for further changes to judicial reviews

21 May 2013

The British Property Federation has urged the government to streamline the judicial review process in order to reduce unnecessary delays and cost to development projects.

Bird & Bird signs New Fetter Lane prelet

20 May 2013

Great Portland Estates and the City of London Corporation have confirmed a prelet at New Fetter Lane to law firm Bird & Bird, as first tipped by Property Week in March.

Retail red alert

17 May 2013

Select committee to hear retailer and landlords’ evidence; high streets back on top of government agenda

Kallakis sentence increased

16 May 2013

The Court of Appeal has increased the sentences of Achilleas Kallakis from seven years to 11, saying that sentence is the “just and proportionate” sentence for his part in a £740m fraud.

NAV rises at Grainger

16 May 2013

Net asset value at the UK’s largest listed residential landlord rose by 0.6% to 224p per share in the six months to the end of March, although pre-tax profits dropped by £4m on the same period last year.

British Land confirms Shoreditch win

14 May 2013

The UK’s second biggest REIT has confirmed it has been selected by the City of London to develop a large chunk of office-led space in Shoreditch, as revealed by Property Week.

Alter egos

10 May 2013

Housebuilder doyen Tony Pidgley and super-prime pioneer Nick Candy share views on friendship, envy, rivalry — and taking a battering from the press. Mike Phillips reports. Portrait by Matt Leete

People Moves: 10 May

10 May 2013

Citygrove has appointed Catharine Ireland as an associate development director, responsible for securing new development opportunities.

Barratt sales buoyed by Help to Buy

9 May 2013

Forward sales at housebuilder Barratt rose by almost a third to £1.31bn in the 18 weeks to 5 May, buoyed by the government’s Help to Buy scheme, interim results show.

Buyer picked for Lloyds’ Project Thames

8 May 2013

A preferred bidder has been picked to buy Lloyds Banking Group’s £537m Project Thames loan portfolio.

Crest completions rise 9%

7 May 2013

Housebuilder Crest Nicholson has issued its first trading update since listing on the stock market in November, showing completions rose by 9% to 810 in the six months the end of April.

British Land techs drive

3 May 2013

REIT picked to redevelop Shoreditch Estate, in first foray into Tech City.

Olympic bid to transform park in record time

3 May 2013

London Legacy Delivery Company hopes to fast-track Olympic Park conversion to pay back National Lottery £2bn loan.

Senior director at LSH made redundant

2 May 2013

Lambert Smith Hampton’s head of capital markets has been made redundant.

JLL posts revenue rise, net income drops

1 May 2013

Jones Lang LaSalle’s first quarter results show a 6% increase in revenue to $856m, but a net income drop from $22m to $16m.

Wimpey secures UK’s first Help to Buy couple

30 April 2013

A couple relocating from Northern Ireland to a development near Liverpool have become the first new homebuyers to complete their purchase under the government’s Help to Buy scheme.

Resolution & British Land head-to-head in Shoreditch

29 April 2013

British Land and Resolution Property have become the final two parties in the bidding process for a large property development opportunity in Shoreditch that is being sold by the City of London Corporation.

Anvil hammers home

26 April 2013

Mount Anvil enlists KPMG in £200m equity raising to upscale in London residential development

People Moves: 26 April

26 April 2013

CBRE has promoted Michael Gold to senior associate of retail service in Chicago.

Pullen begins action against CBRE

24 April 2013

Matt Pullen has begun legal proceedings against his former employer CBRE in the employment tribunal after the investigation into him surrounding an allegation of rape was dropped yesterday, Property Week can reveal.

Judicial review reforms announced

23 April 2013

Ministers are expected to reveal measures today aimed at combating judicial reviews across England which hold up development projects.

Property industry dominates Rich List

22 April 2013

The property industry’s big hitters dominated the top of the Sunday Times Rich List yesterday, with the Reuben brothers named the richest property professionals, stealing the crown from the Duke of Westminster.

Dragon on line one

19 April 2013

Dragon’s Den entrepreneur Peter Jones revealed he is no re breather after he surprised several retail landlords, among them Capital & Regional, by personally calling up to negotiate deals on a portfolio of stores for his newly acquired Jessops brand.

Tescos shelved

19 April 2013

More than 100 UK sites surplus to requirements; developers and housebuilders could pounce on land bank

Tesco profit drop prompts global rethink

17 April 2013

Supermarket giant Tesco has today reported its first fall in profit since 1990, announcing it will exit the US and take a £804m hit on UK sites.

Retail park exodus hits worst level since 2008

16 April 2013

Empty space on UK retail parks increased by its fastest rate for four years in 2012 due to retail casualties, research by Trevor Wood Associates suggested today.

Little Chef up for sale

15 April 2013

Restaurant chain Little Chef is to be put up for sale by its owner R Capital.

People Moves: 12 April

12 April 2013

CP Bigwood has promoted Jo Bennett to associate partner.

Chinese to buy £260m Lloyd’s building

10 April 2013

The Lloyd’s building is to be sold to the Chinese life insurance company Ping An for about £260m.

Student housing provider to seek float

8 April 2013

London-focused student housing provider GCP Student Living is poised to become the first education-property focused firm to list for a decade.

Need to know: which buy?

5 April 2013

Housebuilders’ share prices shot up following George Osborne’s Budget speech last month, during which the chancellor (pictured) announced a new measure to help housebuilders: the “Help to Buy” scheme.

Podcast: A dummy's guide to coalition planning policy

5 April 2013

Planning. It has dominated the news agenda since the Coalition took over in 2010, thanks to a seemingly endless array of new policies and shelved recommendations.

British Land acquires Harmsworth Quays leasehold interest

4 April 2013

Southwark Council has given its approval for the Daily Mail General Trust to assign its leasehold interest in the 14.57 acre Harmsworth Quays printing works site in Canada Water to British Land.

Oaktree buys London hotel stake

2 April 2013

Oaktree Capital Management has bought a 50% stake in the 361 bedroom, four star Hilton London Wembley Hotel from Quintain.

People Moves: 28 March 2013

28 March 2013

Charles Russell has hired two solicitors to its Cheltenham office.

DTZ demerger

26 March 2013

DTZ could be spun out of UGL as the Australian support services firm announces it has launched a strategic review of the business.

£1bn Gulf club

22 March 2013

Middle Eastern-backed fund manager closes in on £1bn distressed Docklands skyscraper

Elizabeth House Westminster “shock”

21 March 2013

Planning minister Nick Boles has admitted in a letter to the deputy leader of Westminster that a planning application for Elizabeth House in Waterloo is “controversial”, despite the fact communities secretary Eric Pickles decided not to “call-in” the application.

Secret donation halts Royal Institution sale

20 March 2013

The sale of the Royal Institution’s headquarters building in London’s Mayfair has been put on hold after the society received an anonymous £4.4m donation.

More Opal Group companies in administration

20 March 2013

Another tranche of companies owned by student housing provider Opal Group have collapsed into administration.

L&G and Patron buy housebuilder stake

18 March 2013

One of the UK’s largest pension funds has acquired a controlling stake in a Scottish housebuilder.

Jelly-legged runners sprint up Tower 42

15 March 2013

Vertical Rush in City of London raises £320,000 for homeless charity Shelter. Sarah Stewart reports

Simplify planning or risk London’s global position

15 March 2013

Delegates at LandAid debate sent clear message about threats to capital’s growth

Savills posts stellar results

14 March 2013

Savills today reported a 36% increase in group pretax profit in 2012 driven by a record year in Asia and improved share of the prime central London transaction market.

Trump appoints Cushman to Rio project

13 March 2013

MRP International, the consortium developing Trump Towers in Rio de Janeiro, Brazil, has appointed Cushman & Wakefield as leasing agents.

AXA and Gingko seal £472m City deal

12 March 2013

British Land announced today that it had sold Ropemaker Place for £472m, representing a 5.0% net initial yield to AXA Real Estate Investment Management, which is thought to be partnered with Chinese institution Gingko Tree Investment plus two other investors.

Great Portland buys £37m West End block

11 March 2013

Great Portland Estates has exchanged contracts to buy Orchard Court, in London’s West End, for £37m.

Intu launches giant bond issue

7 March 2013

Intu Properties has today conducted an £800m bond issue through its new debt financing vehicle.

Care home REIT to trade on stock exchange

7 March 2013

Target Healthcare has begun trading on the London Stock Exchange after raising £45.6m.

SFO file defence against £200m Tchenguiz claim

6 March 2013

Lawyers acting on behalf of the Serious Fraud Office have filed their defence against the £200m lawsuit submitted by Vincent Tchenguiz.

Former RREEF head to run $2bn European fund

4 March 2013

Beny Steinmetz Group Real Estate has launched a new $2bn European-focused fund and has recruited the former global head of RREEF to lead the venture.

People Moves: 1 March

1 March 2013

CBRE Hotels has recruited Catherine Rawanduzi as director and head of hotels, France, based in the Paris office.

Ronson’s resi mates

1 March 2013

Developer’s Ronson Capital Partners forms debt club to fund luxury riverside residential scheme

Intu forms debt vehicle

27 February 2013

Intu has established a new debt vehicle to refinance four of its shopping centres and completed a £250.5m deal to buy Midsummer Place in Milton Keynes.

Berkeley’s bank

22 February 2013

Housebuilder in play to buy huge JP Morgan riverside site for homes and leisure scheme

Retail voids ‘could hit 17%’

22 February 2013

Average town centre shop vacancy rates remained high at 14.2% in 2012 but could rise to 17%, if more stores from the collapsed HMV, Jessops and Blockbuster portfolios are not relet, the Local Data Company (LDC) warned this week.

Bruntwood secures debt extension

20 February 2013

Bruntwood has agreed a £229m extension of its commercial mortgage-backed securitisation (CMBS).

Grainger to develop Newbury scheme

18 February 2013

Grainger has been appointed to redevelop a 5.5 acre site in Newbury.

People Moves: 15 February

15 February 2013

Northumbria University has appointed Damon Kent as director of campus services.

Chinese in landmark £142m regional deal

13 February 2013

A Chinese sovereign wealth fund is thought to be part of a consortium of investors that has bought into the Co-Operative Group’s huge new headquarters building in Manchester.

Abercrombie offers Savile Row concessions

12 February 2013

Abercrombie & Fitch has offered a range of concessions to planners at Westminster as part of its application to convert 3 Savile Row into a children’s store.

Terrace Hill sells up resi assets

11 February 2013

Developer Terrace Hill has sold most of the remainder of its residential assets to Places for People for £70m.

Sainsbury’s picks Barratt for Nine Elms resi project

8 February 2013

Supermarket to collaborate with housebuilder and London & Quadrant for second London development

Sainsbury’s picks Barratt for Nine Elms project

7 February 2013

Supermarket to collaborate with housebuilder and London & Quadrant for second London development

Tchenguiz £200m claim revealed

6 February 2013

Vincent Tchenguiz has released details of his claim for damages against the Serious Fraud Office that includes an accusation that the former director of the SFO committed “misfeasance in public office”.

Police extend Pullen investigation

5 February 2013

The City of London Police are still investigating the former CBRE director Matt Pullen, who was arrested on suspicion of rape in November 2012.

Stanhope’s Television Centre plans unveiled

5 February 2013

Stanhope and the BBC have today launched their proposals for the mixed-use redevelopment of Television Centre in west London, including the development of 1,000 homes.

Five acre Brent Town Hall site sold

4 February 2013

A 5.3 acre council-owned site in Wembley Park has been sold to a French education provider.

Identity Charade

1 February 2013

The property industry’s poor record on employing anyone other than white, expensively educated men, is long overdue a radical reform. Hardeep Sandher reports

People Moves: 1 February

1 February 2013

AEW Europe has hired Simon Blaxland as executive director of its private equity platform.

LondonMetric completes first acquistion

31 January 2013

LondonMetric Property has completed its first acquisition of six retail warehouses and set out plans to return £100m of capital to its shareholders.

VIDEO: London's office market is one of the most volatile

29 January 2013

This month’s Movers & Shakers networking breakfast brought together some of London’s top property experts to discuss what lies ahead for the city in 2013.

British Land reports retail resilience despite wider turmoil

29 January 2013

British Land made strong lettings progress across its retail portfolio in the third quarter of 2012 despite the wider turmoil on the high street.

People Moves: 25 January

25 January 2013

Hines has appointed Rajeev Rajput as director of asset management.

More change at the top for Pramerica

24 January 2013

Pramerica Real Estate Investors has named the new heads of its European business and a chief risk officer for Europe and Asia.

Malaysian frontrunner for £220m City deal

23 January 2013

The National Pension Service of Korea (NPS) is close to selling a striking City office block for £220m, after buying it at the bottom of the market for £183m, PropertyWeek.com can reveal.

Giant US fund close to £130m London sale

21 January 2013

One of the world’s largest pension funds is close to completing the sale of a Docklands office complex for more than £130m in a debt-driven deal, PropertyWeek.com can reveal.

£650m triple legacy residential sell-off

21 January 2013

A trio of residential businesses bought at the top of the boom backed by Lloyds Banking Group are close to being sold or floated on the public markets.

People Moves: 18 January

18 January 2013

Mabey Hire has appointed Tom Williams as director of engineering.

Tycoon sentenced to 7 years in prison

17 January 2013

Achilleas Kallakis has been sentenced to seven years in prison for his part in a £766m fraud.

Kallakis trial: The verdict

16 January 2013

Property entrepreneurs Achilleas Kallakis and Alexander Williams have been found guilty of fraud.

HMV on brink of administration

15 January 2013

HMV is on the brink of administration after filing a notice of its intention to appoint administrators last night.

Lipton to exit Chelsfield

14 January 2013

Sir Stuart Lipton is to leave Chelsfield to set up a new development company with the brother of architect Lord Rogers.

People Moves: 11 January

11 January 2013

Henderson Global Investors has hired Colin Throssell (right) as head of property treasury, based in London.

Deka completes £220m Palestra deal

10 January 2013

Deka has completed its £220m purchase of the Palestra building in Southwark.

Neighbourhoods to keep 25% of CIL funds

10 January 2013

Councils with an approved neighbourhood plan will be able to keep 25% of community infrastructure levy funds to pay for local initiatives, planning minister Nick Boles will announce today.

£100m float planned for West End fund

9 January 2013

One of London’s best-known property funds is planning to raise £100m by floating a new feeder company.

Persimmon chief exec to retire

8 January 2013

Persimmon’s group chief executive Mike Farley has announced his retirement after almost 30 years at the firm.

Christmas podcast special: an aural feast with Leon founder

21st December - Tablet edition

Healthy-eating fast-food chain Leon is aiming to open more than three new outlets next year, its co-founder Henry Dimbleby tells Property Week’s Christmas podcast. (Scroll down page to play podcast)

Hottie 100 (B-C)

21st December - Tablet edition

Following the publication of Property Week’s Hot 100, a list of the rising stars in the industry, Ludgate is proud to present the Hottie 100, a tongue-in-cheek list of the best looking people in property.

Hottie 100 (F-H)

21st December - Tablet edition

Following the publication of Property Week’s Hot 100, a list of the rising stars in the industry, Ludgate is proud to present the Hottie 100, a tongue-in-cheek list of the best looking people in property.

Hottie 100 (K-L)

21st December - Tablet edition

Following the publication of the Hot 100, a list of the rising stars in the industry, Ludgate is proud to present the Hottie 100, a tongue-in-cheek list of the best looking people in property.

Hottie 100 (N-P)

21st December - Tablet edition

Following the publication of the Hot 100, a list of the rising stars in the industry, Ludgate is proud to present the Hottie 100, a tongue-in-cheek list of the best looking people in property.

Hottie 100 (S-Z)

21st December - Tablet edition

Following the publication of Property Week’s Hot 100, a list of the rising stars in the industry, Ludgate is proud to present the Hottie 100, a tongue-in-cheek list of the best looking people in property.

Orion stars with €650m fundraising

21st December - Tablet edition

Orion Capital Managers is on the brink of completing a €650m equity raising for a new fund to tap into the continued distress in the European property market, in one of the biggest property fundraisings this year.

Heron closes 2012 with £115m sale

20 December 2012

The Swedish pension fund’s joint venture, Cityhold, has today confirmed that it has bought The Peak in SW1 from a joint venture led by Gerald Ronson’s Heron International, as tipped by Property Week.

Resi helps Wellcome Trust outperform

19 December 2012

The Wellcome Trust today revealed strong performance from its £1.6bn property portfolio in 2012, driven by its high concentration in residential assets.

Landlords face £200m Comet loss

18 December 2012

Landlords face losses of more than £200m from the collapse of Comet, a report from the company’s administrator has revealed.

Safeland fraud arrest

14 December 2012

Former finance director suspected after £1.5m goes missing

Shell Centre plans unveiled

13 December 2012

Canary Wharf Group and Qatari Diar have unveiled their plans for the Shell Centre site on London’s Southbank.

Poundland joins fight against rates decision

12 December 2012

One of the UK’s biggest discount retailers has backed a campaign against government plans to postpone the rates revaluation.

Almack House £165m sale pulled

11 December 2012

The £165m sale of Almack House in London’s West End has been pulled by Grosvenor.

Hermes rings changes

7 December 2012

BT pension fund manager to sell Friary Centre to Prupim for more than £150m and aims to sell stake in all its malls

People Moves: 7 December

7 December 2012

Consort Property Management has appointed Sue Petri as head of operations.

All change at the top for JLL

5 December 2012

JLL has undertaken a reshuffle of its UK top management which sees one of its rising stars become UK chief executive.

LandSecs buys fund stake and manager

4 December 2012

Land Securities today said it was buying a controlling stake in a £580m fund and the accompanying fund manager.

Hoxton Hotel owner buys in Holborn

3 December 2012

Ennismore Capital, the owner of the Hoxton Hotel, has bought 199-204 High Holborn where it plans to develop a 138-bedroom hotel.

Digital switchover

30 November 2012

BCSC/Jones Lang LaSalle research predicts that 25% of retail sales will be online by 2020

ICity unveils anchor tenant at Olympic Park

29 November 2012

BT has announced today that it will house its new BT Sport channels at the International Broadcast Centre in the Olympic Park.

Lane Clark and Peacock signs West End prelet

28 November 2012

Financial, actuarial and business consultant Lane Clark and Peacock has signed a prelet to take 40,000 sq ft of office space at the 95 Wigmore Street development in London’s West End.

Blackstone exchanges on Adelphi purchase

26 November 2012

Blackstone has exchanged contracts to buy the art deco Adelphi building on the Embankment for around £260m.

People Moves: 23 November

23 November 2012

Bruton Knowles has promoted Angus Taylor to partner in Gloucester.

All change at Drivers Jonas Deloitte

22 November 2012

Giant consultancy Deloitte is to drop the Drivers Jonas name from its real estate operation as part of the creation of a new division, two and a half years after buying the 285-year old surveying firm.

CBRE buys London property firm

20 November 2012

CBRE has bought London agent EA Shaw two months after buying Franc Warwick.

Kallakis: AIB never asked about my wealth

19 November 2012

Achilleas Kallakis has claimed that Allied Irish Bank never requested any proof of his personal wealth despite agreeing to lend his family trust hundreds of millions of pounds to amass a large central London property portfolio.

British Landcaster

16 November 2012

REIT teams up with Centros to develop £100m retail scheme and regenerate north-west town

Savills expects strong year end

15 November 2012

Savills is expecting to end the year ahead of expectations despite a significant reduction in transaction volumes in many of its markets.

MAPIC 2012: McArthurGlen on Canada, Turkey and the threat of online retail

14 November 2012

Editor-in-chief Giles Barrie talks to Gary Bond, managing director of development at McArthurGlen at MAPIC 2012.

Great Portland to raise £140m of new equity

14 November 2012

Great Portland Estates has raised £140.6m from a placing of shares, increasing its firepower to £400m.

ICG-Longbow confirms debt IPO plans

12 November 2012

ICG-Longbow has confirmed that it is planning to raise up to £250m in what would be Europe’s first listed senior debt fund, as revealed by Property Week (Finance 09.11.12).

David Brecher: property’s ‘consigliere’

09 November 2012

Susan Freeman joins in property industry’s tributes to its “trusted adviser”

Pillars of society

09 November 2012

A merger between London & Stamford and Metric would reunite the Pillar Property team, create a huge £850m REIT — but spell the end of veteran Raymond Mould’s illustrious property career. James Whitmore reports

CapCo increases Covent Garden rental targets

7 November 2012

Capital & Counties is seeking to unlock further value at its Covent Garden estate as it increases its estimated rental value target to £60-65m by the end of 2015.

Comet files for administration

5 November 2012

Electrical retailer Comet has this morning filed its notice of intention to appoint administrators.

Carlyle adds colour to Blackfriars

02 November 2012

Carlyle Group this week submitted plans for a mixed-use development on London’s south bank.

People Moves: 2 November

02 November 2012

Colliers International has appointed Mark Kelly as a surveyor to the investment property management team in Bristol.

Scotland saviour

02 November 2012

Interserve to rescue Tiger Developments’ £200m Haymarket scheme in Edinburgh from NAMA.

Profits and revenue rise at JLL

30 October 2012

Jones Lang LaSalle last night reported a rise in profits and revenues in the third quarter of 2012, and issued a cautiously optimistic outlook for the market.

Bank to rule loans

26 October 2012

Bank of England and Treasury lay ground for maximum limit to LTVs

Milton Keynes cheered by VW’s deal on wheels

26 October 2012

Volkswagen Financial Services to sign biggest office prelet since 2010

People Moves: 26 October

26 October 2012

Chloë Burston has joined Bristol-based surveying firm Burston Cook’s corporate real estate department.

Home Retail Group to exit 75 Argos stores

24 October 2012

Home Retail Group is planning to close or relocate at least 75 Argos stores over the next five years, following a review of the business.

DevSecs sees NAV drop

23 October 2012

Development Securities today reported a 2.2% drop in net asset value in the six months to 31 August, but said it was optimistic about its strategy for realising gains from its portfolio.

Blackstone stars at Adelphi

19 October 2012

Private equity giant poised to buy art deco London landmark for $13.3bn global fund

On the Shopping Block

19 October 2012

In a bid to deleverage and raise new equity, Capital Shopping Centres plans to sell stakes in its portfolio and capitalise on overseas appetite for prime retail property. Kat Spybey reports

US retail giant sells CSC & CapCo stakes

18 October 2012

Simon Property group today sold its stakes in Capital Shopping Centres and Capital & Counties, marking an exit from the most acrimonious UK takeover battle in recent years.

St Modwen launches retail bond

17 October 2012

St Modwen is the fourth listed property company to tap the growing retail bond market.

Cluttons facing £1m valuation claim

16 October 2012

Cluttons is facing a claim of more than £1m from Bank of Ireland over a dispute on the valuation of a flat in Belgravia.

SFO Kaupthing investigation collapses

15 October 2012

The Serious Fraud Office has dropped its investigation into the collapse of the Icelandic Bank Kaupthing and as a result has closed its case against Robert Tchenguiz.

Great Portland sells Bishopsgate stake

15 October 2012

Great Portland Estates has confirmed the £50m sale of a stake in the 100 Bishopsgate scheme in the City of London to its joint venture partner Brookfield.

People Moves: 12 October

12 October 2012

Hunter Property Fund Management has promoted Harry Humble to executive director.

The Big Think

12 October 2012

Property Week, Mishcon de Reya, Central and Derwent London bring together thought leaders to tackle the future of London. Lucy Scott reports. Photographs by Jon Cardwell

Telereal Trillium wins planning appeal

11 October 2012

Telereal Trillium has secured planning permission for the redevelopment of a 20-acre site in Lytham St Anne’s, near Blackpool, following a protracted battle with the local council.

Huawei completes letting at Green Park

10 October 2012

Chinese telecoms giant Huawei has completed a deal to occupy a 140,000 sq ft building at Oxford Properties’ Green Park business park.

P3 to list on London Stock Exchange

9 October 2012

PointPark Properties, the pan-European warehouse property owner and developer has confirmed its intention to float on the London Stock Exchange today with former Segro chief executive Ian Coull taking the position of chairman.

Norges completes Meadowhall purchase

8 October 2012

Norway’s sovereign wealth fund has signed its deal to buy a 50% stake in Meadowhall shopping centre in Sheffield.

Stirk Reality

05 October 2012

As he celebrates 30 years in the industry “starchitect” Graham Stirk talks skylines, scale and style with Hardeep Sandher

Redefine raises £127.5m from new shares

4 October 2012

Redefine International has received applications for more than 95% of the new open offer shares it offered last month in a bid to raise £127.5m to help reduce its debts.

Irish investment activity improves

3 October 2012

Investment activity in Ireland has improved in 2012, as the market begins to fight its way out of the depths of the downturn.

JJB administration & sale: 133 store closures

1 October 2012

JJB has this afternoon collapsed into administration with Sports Direct having agreed to buy just 20 of the stores, leaving the remaining 133 to be closed today.

Gherkin loan pickle

28 September 2012

IVG, Evans Randall and lenders in talks on new equity after currency movements cause debt breach

Solent Enterprise Zone plan £25m investment

27 September 2012

Secretary of state for communities and local government Eric Pickles has announced plans to invest more than £25m in the Solent Enterprise Zone at Daedalus.

Billionaire brothers face October debt vote

25 September 2012

The property company of a pair of billionaire investors faces an important vote on 12 October which will determine the future of a distressed £287m portfolio.

50:50 vision

21 September 2012

Norway sovereign wealth fund and British Land to form joint venture to own Sheffield shopping centre

People Moves: 21 September

21 September 2012

Natasha Muns has joined APS as a senior quantity surveyor. She joins after six years from EC Harris. Tel: 020 7614 3200

Segro appoints Ford to the board

19 September 2012

Segro has appointed its first female board member.

Debenhams set to defy retail gloom

18 September 2012

Debenhams said today it had experienced “strong” like-for-like growth in the past 12 months, despite “extremely challenging market conditions”.

Anchors away in Bracknell

14 September 2012

Marks & Spencer and Fenwick to anchor Schroders and L&G scheme

People Moves: 14 September

14 September 2012

Barker Storey Matthews has hired Julian Welch to join its Peterborough office, where he will specialise in commercial property agency and consultancy. He was formerly a director and national head of retail at Lambert Smith Hampton.

Earls Court £8bn plan gets green light

13 September 2012

Capital & Counties’ £8bn plan to redevelop iconic London venue Earls Court into more than 7,000 homes across four new villages received outline planning permission last night from Hammersmith & Fulham Council.

Hammerson agrees £136m Leeds deal

11 September 2012

Hammerson has exchanged contracts to buy the Victoria Quarter in Leeds for £136m, as revealed by Property Week.

Ministers mull residential planning shake-up

6 September 2012

Large residential schemes could be reclassified and fast tracked through planning alongside airports and nuclear power projects as part of a scheme being considered by ministers to tackle the housing crisis.

People Moves: 31 August

31 August 2012

Warner Estate has appointed Simon Price from Cheshire West and Chester Council as graduate surveyor.

Carlyle secures funding for Pure Student Living

28 August 2012

Pure Student Living, a London-focused student accommodation brand formed in a joint venture between The Carlyle Group and Generation Estates, has secured £125m of funding for three developments. 

Maud freeze threat

24 August 2012

Propinvest director hits out at Guernsey court injunction as “malicious” and promises vigorous defence

VOA appeals Knight Frank win in rates case

24 August 2012

Case that challenged approach to rent-free periods may be rerun. Sarah Townsend reports

Manchester 180,000 sq ft letting unveiled

22 August 2012

A consortium of global technology companies has agreed terms to lease 180,000 sq ft of space across 20 buildings in Manchester, as part of a project called “Tomorrow”, previously codenamed “Project Digital”.

Urban & Civic submits plans for Alconbury

21 August 2012

Urban & Civic has submitted plans to create a mixed-use scheme across 1,420 acres at Alconbury Weald in Cambridgeshire.

Deutsche Wohnen portfolio refinanced

20 August 2012

Pbb Deutsche Pfandbriefbank has completed the €285m refinancing of Deutsche Wohnen AG’s purchase of 23,500 homes from BauBeCon Group.

Unesco comes down Shard on sight lines

17 August 2012

Heritage body demands sign-off on schemes on London’s south bank, threatening development

Middle Eastern giant to make £620m UK return

15 August 2012

A giant Middle Eastern sovereign wealth fund is set to make its first major investment in UK property since the downturn with a £620m distressed hotel deal.

DTZ’s owner posts 15% drop in net profit

13 August 2012

Shares in DTZ’s Australian owner UGL, dropped more than 10% today after the company reported a 15% drop in net profit.

Braemar to manage ground rents fund

13 August 2012

Braemar Estates has been appointed as property manager to a new residential Ground Rents Income Fund.

DTZ appoints head of EMEA retail

10 August 2012

DTZ has appointed Adrian Powell, formerly its head of retail development, as head of EMEA retail.

Hammerson retail chief departs

9 August 2012

Hammerson’s managing director of UK retail has handed in his resignation citing “family reasons”, and will leave the retail REIT at the end of September.

Greggs plans further nationwide expansion

7 August 2012

Greggs, the bakery retailer, is on track to open 90 new shops in 2012 as sales growth continues to drive an aggressive expansion strategy.

D-day for £950m loan

03 August 2012

Lenders reject Propinvest’s restructuring proposal for regional portfolio

People Moves: 3 August

03 August 2012

CBRE has hired Michael Atwell as head of capital markets for central and eastern Europe, based in Poland.

CBRE appoints new head of Aberdeen

2 August 2012

CBRE has appointed a new head of its Aberdeen office.

Tchenguiz to seek damages beyond the SFO

31 July 2012

Vincent Tchenguiz is planning to widen his case for damages beyond the Serious Fraud Office.

CapCo deal to complete “in coming months”

31 July 2012

A joint venture between Capital & Counties to develop part of its huge Earls Court residential scheme is set to complete in the near future, in spite of the legal investigation into its Hong Kong funding partners.

John Lewis appoints Pramerica

30 July 2012

Pramerica Real Estate Investors has been appointed by John Lewis Partnership Pensions Trust to boost its portfolio of UK property investments to £270m.

Hammerson fight back

27 July 2012

Retail developer unveils rival plans for Croydon’s Whitgift Centre

People Moves: 27 July

27 July 2012

Colliers International has appointed Olivia Hughes, a graduate from Nottingham Trent University, to its licensed and leisure team in the north of England.

CSC reports rental income decline

26 July 2012

Capital Shopping Centres Group has reported a flat NAV in the first half of 2012, falling by a nominal 0.3% to 390p, a result, it said, of unchanged capital values.

Crown Estate's Regent Street letting

24 July 2012

The Crown Estate has signed 4C Group, a global digital subscription foresight services provider, to office space at its AirW1 scheme in Regent Street.

HOT 100: 100 - 70

20 July 2012

It has been five years since Property Week compiled its first Hot 100 list.

HOT 100: 69-31

20 July 2012

Student Urbanest planned in Waterloo

20 July 2012

Nick Porter’s group poised to buy Westminster Place from Delancey and SWIP as Ogilvy & Mather prelet folds

Supermarket scoops giant industrial deal

18 July 2012

A supermarket giant has signed one of the biggest industrial occupier deals of the year.

Land Secs Victoria lettings gather pace

17 July 2012

Land Securities has let another 35,000 sq ft floor at its forthcoming 123 Victoria Street scheme, and is thought to be in negotiations with tenants on the rest of the building.

"London has delivered on all its Olympic Games bid promises"

13 July 2012

This is it. The biggest property event of our careers is just two weeks away.

Pleasure time

13 July 2012

Crowds swarm to London Pleasure Gardens at the Royal Docks — the biggest success yet in Property Week’s Site Life campaign. Lee Mallett reports. Photographs by Tim Foster

British Land to buy big in Mayfair

11 July 2012

British Land has placed under offer a residential development opportunity in Mayfair worth more than £150m, PropertyWeek.com can reveal.

Land Securities shakes up pay

9 July 2012

The UK’s biggest property company has introduced an innovative measure to make sure the pay of its top executives is in line with performance.

People Moves: 6 July

6 July 2012

Stephen Norris

Paris joint venture for Norges

5 July 2012

Norges Bank Investment Management, which manages the Norwegian Government Pension Fund Global, has set up a joint investment with Generali Real Estate to invest in core properties in Paris.

Property boss to leave top retailer

4 July 2012

New Look’s group property director has left the retailer as it continues to scale back its store portfolio.

London & Stamford buys Isobel block

3 July 2012

London & Stamford has completed the acquisition of an office block in the south east from Blackstone’s Project Isobel portfolio, as revealed by Property Week.

Construction guru’s wiki wisdom

29 June 2012

David Trench shares 40 years of experience on free website. Sarah Townsend reports

Edgy Shoreditch enters the mainstream

29 June 2012

Reubens to try again at Foundry site, while rents go north of £40/sq ft. Hardeep Sandher reports

Retail lease lifeline

29 June 2012

LandSecs, Westfield and Prupim among big guns launching standardised lease to help to fill empty shops

Eurohypo team ponders management buyout

27 June 2012

The management of Eurohypo’s UK lending arm is weighing a management buyout of the division following the parent company’s decision to close down the business yesterday.

Ronson gets nod for resi scheme

27 June 2012

Ronson Capital Partners (RCP) has received consent to redevelop an 80,000 sq ft office block in the West End into residential space.

Grainger wins consent in riot-torn borough

26 June 2012

Grainger was last night granted planning consent for a redevelopment in the area worst-affected by last summer’s riots.

Investors face mounting problem of obsolescence

22 June 2012

BCO research reveals 15% of portfolios failing to meet demands. Sarah Townsend reports

People Moves: 22 June

22 June 2012

Nick Viner has left BNP Paribas Real Estate, where he was a director, to become director of workplace for the UK business of architectural firm HKS.

Rent game rage

22 June 2012

LandSecs, Capital Shopping Centres and Hammerson prepare legal test case against PWC in retailer row

Boris calls in Exemplar's planning application

21 June 2012

Mayor of London Boris Johnson has called in the planning application for Exemplar’s redevelopment of the Fruit and Wool Exchange.

Norwegians go exclusive on Meadowhall

20 June 2012

Norway’s giant sovereign wealth fund has entered into exclusive talks to buy a prized stake in one of the UK’s largest shopping centres, Meadowhall in Sheffield, Property Week can reveal.

Peakside plans €90m German resi scheme

20 June 2012

Peakside Capital, the European real estate private equity firm, has bought a residential and commercial development site in Berlin.

Brookfield buys £520m Hammerson offices

19 June 2012

Brookfield Office Properties is buying most of Hammerson’s London office portfolio for £520m, as revealed by Property Week (news, 15.6.12).

Brookfield hammers on

15 June 2012

US developer closes in on Hammerson’s £500m London office porftolio

Mayfair businesses up in arms over Crossrail chaos

15 June 2012

Retailers demand rates reductions to compensate for trading disruption. Sarah Townsend reports

People Moves: 15 June

15 June 2012

PointPark Properties has appointed Franziska Jegenhorst and Semir Selcukoglu to its logistics real estate team in Frankfurt.

Zara founder buys £150m Oxford Street block

14 June 2012

The founder of Zara has bought a block on the corner of Oxford Street and New Bond Street in a £150m off-market deal, PropertyWeek.com can reveal.

Invista shareholder slams takeover bid

13 June 2012

A shareholder in Invista Real Estate Investment Management this afternoon slammed the recommended takeover of the company by Internos Real Investments as “completely unacceptable”.

Italians start drive with £167m London deal

12 June 2012

An Italian fund manager has emerged as the £167m buyer of Queensberry House in London’s Mayfair, announcing the deal is “just the start” of its move to become “an active investor in the UK commercial property market”.

Billionaire investors face £362m debt challenge

11 June 2012

The property company of a pair of billionaire brothers this week appointed a debt specialist to advise on an imminent £362m portfolio loan maturity, Property Week can reveal.

Agency 2012: A grinding recovery

8 June 2012

Business continues to slowly improve for property services firms.

Government on track to hack back estate

8 June 2012

Report reveals significant decrease in size and running costs. Sarah Townsend reports

People Moves: 8 June

8 June 2012

Hamptons International has appointed James Underhill from Berkeley Homes as an associate director in its residential development and investment team

Malaysian duo enter Battersea exclusivity

7 June 2012

A joint bid between Malaysian corporate SP Setia and financier Sime Darby has been confirmed as the preferred buyer for Battersea Power Station.

Diamond Jubilee: 60 years of HRH and property

1 June 2012

To celebrate HRH Queen Elizabeth’s 60 year’s on the throne, Property Week has trawled through our archive to bring you images her relationship with the property industry through the year.

Chiswick jubilation

1 June 2012

Blackstone celebrates one of UK’s largest prelets in five years

People Moves: 1 June

1 June 2012

DTZ in Birmingham has appointed Katherine Price as senior surveyor in the development consulting team.

Fitzroy Place completes over £170m of sales

31 May 2012

Aviva Investors, Exemplar and Kaupthing, the team behind Fitzroy Place at the site of the old Middlesex hospital, have sold almost half of the flats at the much-vaunted development.

Malaysians preferred bidder for Battersea

30 May 2012

A Malaysian developer has been chosen as the preferred bidder to buy Battersea Power Station out of administration, in a deal which would see the famous building retained.

Chinese giant to buy Drapers Gardens

29 May 2012

A Chinese investment company backed by a state sovereign wealth fund has agreed a deal to buy Drapers Gardens in the City for £285m.

Delancey and Landid poised to win NOMA

28 May 2012

Delancey and Landid have entered exclusive talks to joint venture with the Co-Operative Group to develop NOMA in Manchester City Centre after a 15-month selection process.

CBRE’s Queen introduces property to Saudi women

25 May 2012

Firm to roll out property investment education concept across Middle East. Sarah Stewart reports

Telford seeks western promise

25 May 2012

Housebuilder remains committed to east London but wants to cash in on capital’s traditional prime pitches as well. Emma Haslett reports

Knight Frank poaches Savills director

23 May 2012

Knight Frank has poached Savills’ director of UK leisure and retail investment in advance of the launch of a leisure and out-of-town retail team.

€7.6bn German fund to liquidate

22 May 2012

Credit Suisse’s €7.6bn CS Euroreal fund failed to meet investor redemptions yesterday and will be closed down over the next five years.

People Moves: 18 May

18 May 2012

Roger Bright the former chief executive of the Crown Estate for 10 years, has joined community engagement and consultation specialist Curtin & Co

Widows wins Lloyds orphans

18 May 2012

Pioneering tie-up as UK’s property debt mountain still at £212bn

Berkeley takes Wapping lead

17 May 2012

Berkeley Group is closing in on buying Fortress Wapping, the former headquarters of Rupert Murdoch’s News International, The Financial Times reported today.

London lifts LandSecs

16 May 2012

Central London was the star that helped Land Securities outperform market expectations in 2011, but retail and the company’s assets in this sector continued to lag.

Lend Lease Europe chief returns to Australia

15 May 2012

Lend Lease has today announced that its EMEA chief executive Dan Labbad is to return to a new role in Australia.

Santander €2.7bn property hit

14 May 2012

Spanish banking giant Santander is to take a €2.7bn write down on its Spanish property loan book, as the country’s government continues to battle its property banking crisis.

Highly Commended: Cotton Quarter - Warren Rosing Architects, Bi and Concius Consultants

11 May 2012

The team said the site “lacked a sense of space”.

Landlords hit in Clinton's collapse

11 May 2012

Owners will struggle to recoup retailer’s high rents if stores close

Shortlisted duo cotton on to BCO Manchester design contest

11 May 2012

Judges will choose winner at conference on 24 May. Emma Haslett reports

Shortlisted: CottonOn -Tilney Shane, Medland Metropolis and BG2

11 May 2012

Architect Tilney Shane collaborated with engineering firm Medland Metropolis and building sustainability company BG2 Global Solutions on this entry.

Henderson to wind up property fund

10 May 2012

Henderson Global Investors is to wind up its highly leveraged regional property fund, Caspar. The decision will result in the UK’s largest mixed portfolio sale for three years.

Clinton Cards collapses into administration

9 May 2012

Clinton Cards has this afternoon collapsed into administration with partners at Zolfo Cooper appointed to run the ailing retailer.

City University, London: will invest up to £130m

04 May 2012

The first phase of City University’s strategic plan for the period 2012-2016 will go before the university’s board for approval later this month.

London Business School: town hall meeting

04 May 2012

The institution is close to signing a 35-year lease with City of Westminster Council to occupy Old Marylebone Town Hall, the venue for numerous rock star weddings.

Property Week blog helps me to stand out from grad crowd

04 May 2012

Property Week has adopted six University of Reading real estate students. Read their latest updates at PropertyWeek.com/professional. This month, Matshelo Chimbombi reflects on how to enhance your professional profile

Universities use three Rs — redevelop, relocate and refurbish — to make investment grade

04 May 2012

Loughborough is latest institution to invest in enhancing estates. Sarah Townsend reports

University of Ulster: Belfast city centre plan

04 May 2012

The university has just submitted a planning application for a campus in the centre of Belfast.

UK banks exit property

30 April 2012

Clydesdale and Yorkshire banks are to stop lending to commercial property following a review by their Australian parent, as revealed by Property Week.

Alison Nimmo - chief executive of the Crown Estate

27 April 2012

Edinburgh-born Nimmo, 47, took over the running of the Crown Estate in January, inheriting a portfolio worth £7bn. She is its first female chief executive and one of the biggest landlords in the UK.

Liz Peace - chief executive of the British Property Federation

27 April 2012

If you don’t know Liz Peace, then you don’t know property. The chief executive of the British Property Federation has spent the past decade lobbying on behalf of the industry to the government on such property-related issues as empty rates, stamp duty, planning and even flood risk insurance.

People Moves: 27 April

27 April 2012

Graham & Sibbald has promoted Keith Watters to partner in the chartered surveyor firm’s Edinburgh office.

The most influential women in property

27 April 2012

Fifteen fund managers, 14 of the most important people in corporate real estate and almost 20 chief executives and managing directors — for anyone who questions the power that women wield in real estate, Property Week’s list of the 100 most influential women will dispel any doubts.

CBRE grows revenue but Europe posts losses

25 April 2012

CBRE last night reported first quarter growth in revenue and underlying profit on a global level – but saw its European and Asian businesses post operating losses.

Government aid for agents

20 April 2012

Property services mandates to be handed down to smaller regional firms

London's Mayoral Manifestos

20 April 2012

In part three of our series examining the issues affecting London’s mayoral election, Patrick Gower scrutinises the four main candidates’ policies and compares Ken Livingstone and Boris Johnson’s battle plans two weeks before Londoners cast their votes

People Moves: 20 April

20 April 2012

Hitchcock Wright & Partners has promoted retail specialist Matt Kerrigan from associate to salaried partner in the Liverpool office.

Deka buys £110m West End office block

19 April 2012

Deka Immobilien has made its second purchase of a large London office building in less than a month, with a £110m off-market deal.

Air of uncertainty over Deeside’s allowances

13 April 2012

North Wales enterprise zone granted economic boost, but still awaits details. Paul Unger reports

Brockton’s £1bn Pearl treasure

13 April 2012

Structadene chief forms partnership to recapitalise 700-strong property empire with fund manager

London’s super-sewer ordure

13 April 2012

Opposition to a planned £4bn “super-sewer” in London has escalated after the government pre-emptively blocked planning permission for any other development at key sites along the Thames.

People moves: 13 April

13 April 2012

New recruits, promotions and firms

‘Frustrating and annoying’ NewBuy scheme falls flat

05 April 2012

Lenders and housebuilders shun homebuying initiative. James Whitmore reports

Landlords’ ultimate weapon against tenants could be muzzled

05 April 2012

Government could shackle bailiffs’ powers. Sarah Townsend reports

Nursery time for children at Lord's

05 April 2012

The home of cricket, Lord’s, could also become the home of a new children’s hospital, as part of a radical solution being proposed for the Londonground’s long-delayed redevelopment.

Signature obtained by deception guaranteed nothing

05 April 2012

The message: A tenant’s guarantee was rendered invalid because of undue influence

Fears over premiums as UK flood pact nears end

30 March 2012

Owners in high-risk flood areas could be left high and dry. Sarah Townsend reports

Mixed feelings from industry in wake of this year’s Budget

30 March 2012

Sarah Townsend reports on Budget proposals that will impact on policy for the property industry

Portas plan revealed

30 March 2012

BIDs boost and Town Team pilot extension, but ministerial sign-off rejected

Take an executive decision — reward REIT bosses for company performance

30 March 2012

The Peltzman effect is named after the professor of economics at Chicago Business School. It is the tendency for people to react to regulation by increasing other risky behaviour.

RBS in £300m row

23 March 2012

£578m Deutsche Bank Glanmore Property Fund argues with revaluation as pressure mounts to repay loan

MIPIM 2013: Places to go in Cannes

20 February 2012

Whether you're looking for a restaurant for a quick bite to eat before a conference, or a shop because you’ve forgotten your toothbrush, you'll find everything you need at MIPIM handily mapped out here for you.