England (by RDAs)
Property Week
Stories with this category.
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Receivers appointed to Mapeley’s Delta portfolio
9 April 2013
A £115m Mapeley portfolio consisting of 25 properties has been placed into receivership by the investor’s banks.
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AFH launches £50m high yield property fund
5 November 2012
Wealth management firm AFH has launched an open-ended high yield fund to invest up to £50m in industrial, office and retail properties across England and Wales.
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Eagle One gets consent for £35m Into Outdoors retail scheme
22 October 2012
Eagle One has secured planning permission for its £35m Into Outdoors retail scheme near Evesham.
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Still too many shops in north of England
07 September 2012
Britain’s rising shop vacancy rate is driven by too many shops and the growing north-south divide.
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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.
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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.
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Bellway appoints new chief executive
7 August 2012
Bellway chief executive John Watson is to step down from his role and will be replaced by Ted Ayres, the housebuilder announced this morning.
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MedicX fund acquires 31 primary care centres
23 July 2012
The primary care infrastructure investor MedicX Fund has acquired a portfolio of 31 completed and fully let primary care medical centres across England and Scotland.
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Social housing supply plummets
29 June 2012
The number of public sector housing registrations fell to 7,090 during three months between March and May, according to figures by new home warranty and insurance provider NHBC
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Crown Estate appoints Cushman to manage £1.5bn regional portfolio
29 March 2012
The Crown Estate has appointed Cushman & Wakefield as managing agent for its £1.5bn regional portfolio.
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Residential investment property returned 11.3% last year
29 February 2012
Residential investment property has continued to perform better than commercial property, delivering returns of 11.3% last year, driven by the strong London market.
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Universities put a price on expansion
4 November 2011
Sarah Stewart looks at what the region’s universities are doing with their property to convince students that their facilities are worth the extra money
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Gregory Projects in Leeds city centre buy
8 August 2011
Leeds based Gregory Projects and Marshalls of Elland have agreed terms to purchase a prime commercial development site on Whitehall Road in Leeds from Town Centre Securities.
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Axa Real Estate sells Grosvenor Shopping Centre
5 August 2011
AXA Real Estate has sold the Grosvenor Shopping Centre in Macclesfield, on behalf of its client Friends Life Company to Eskmuir Securities for £20.86m.
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Bidders check-in for BAA airports
29 July 2011
Manchester ponders purchase of Stansted, Glasgow or Edinburgh airports
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Odeon Leicester Square site to be put up for sale
8 July 2011
The Odeon Cinema development site in London’s Leicester Square will be formally brought to the market following an agreement between the National Asset Management Agency and Real Estate Resolutions, which owns part of the site.
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Cordea Savills buys in Edinburgh
8 July 2011
Cordea Savills has purchased a new prime project in Edinburgh and completed the sale of two assets on behalf of its Student Hall Fund.
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Lathwood and Humphery head up JLL / King Sturge regional rejig
21 June 2011
Jones Lang LaSalle has today revealed its reshuffled regional leadership, including the heads of its 16 city offices, following the firm’s acquisition of King Sturge on 1 June.
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Green light for Barratt Wilson Bowden's Basildon redevelopment
9 June 2011
Basildon Borough Council has granted Barratt Wilson Bowden planning permission for a mixed use development in Basildon town centre.
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Serviced Office Group to take over BT's Hemel office
9 June 2011
Serviced Office Group, the AIM-listed flexible office provider, has signed a five-year management agreement with BT to take-over and manage its 175,000 sq ft office property in London Road, Hemel Hempstead.
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Segro completes £8m High Wycombe disposal
9 June 2011
SEGRO has completed the disposal of units 370 to 375 on the Cressex Industrial Estate for £8m.
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Warner's Birkenhead assets brought to the market
6 May 2011
Two Birkenhead shopping centres which formed a part of the Agora Max Fund, a joint venture between Warner Estates and Lloyds Banking Group, have been put up for sale.
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Legal and General property acquires Leeds office block
6 May 2011
Legal & General Property has acquired One Whitehall Quay in Leeds from Britannia Invest A/S for its UK Property Unit Trust Fund.
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Green light for Newcastle's Science Central development
15 April 2011
Newcastle City Council has granted outline planning permission to 1NG for its Science Central development in the city.
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One New Change 73% let after deal
12 April 2011
Land Securities have announced that SMBC Nikko Capital Markets Ltd, a subsidiary of Sumitomo Mitsui Banking Corporation, has signed a lease for 34,558 sq ft of office space at Cheapside’s retail and office complex One New Change.
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Boultbee buys £18.5m industrial portfolio
30 March 2011
Boultbee has bought a portfolio of six industrial properties from DTZ for £18.5m, reflecting an initial yield of 8.8%.
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Fisher German merges with John Sanders
30 March 2011
Chartered surveying firm Fisher German and John Sanders have merged in a bid to expand in the Worcestershire area.
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Drivers Jonas Deloitte to sell 6 acres in Leeds
30 March 2011
Chemicals manufacturer Rhodia has appointed Drivers Jonas Deloitte to sell Wortley Low Mills, a chemicals plant in Leeds.
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Derwent challenge stalls Old Trafford redevelopment
29 March 2011
Legal action being pursued by Derwent Holdings has forced Lancashire County Cricket Club to postpone its AGM and postpone the ground’s redevelopment.
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Canary Wharf Group’s portfolio surges 10% to £4.6bn
25 March 2011
Canary Wharf Group achieved a 12.4% increase in its net asset value in 2010 after a surge in the value of its estate and a doubling in profits.
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Caffè Nero appoints London agents
25 March 2011
Italian coffee chain Caffè Nero has appointed Lunson Mitchenall to drive its central London acquisition programme.
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Two new lettings for Terrace Hill at Quantum
25 March 2011
Terrace Hill has secured two new lettings at its Quantum office scheme in Maidenhead.
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Hines starts redevelopment on Midtown building
3 March 2011
Hines has announced it will start construction of 280 High Holborn in London’s Midtown this month. The 67,000 sq ft office building is being constructed on the former Chichester House site, which is located opposite MidCity Place on High Holborn.
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Foyles set to relocate to St Martin's School of Art
28 February 2011
Foyles is to relocate its world famous Charing Cross Road bookstore 15 yards down the road to the redundant Central St Martin’s School of Art.
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Highbridge gets data centre approval
16 February 2011
Highbridge Properties has achieved planning consent for a 36,150 sq ft speculative data centre in North Tyneside.
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UK property beats rest of Europe, says CBRE
16 February 2011
The UK property market grew in value by 8.9% in 2010, almost double that of its nearest European competitor, according to the latest research by CB Richard Ellis.
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Oak asks investors to say Yes!
9 February 2011
AIM-listed property company Oak Holdings is trying to raise new equity, two weeks after Rotherham council withdrew its support for the £350m Yes! “entertainment resort” in Rotherham.
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Man Utd in talks for Mayfair expansion space
8 February 2011
Manchester United FC is taking a lease at 5 Stratton Street in London’s Mayfair, London, as it expands its commercial operations beyond existing offices in St James’s.
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Selbourne signs two Altrincham office occupiers
8 February 2011
Cheshire-based property company Selbourne Group has signed new office occupiers at two of its properties in Altrincham.
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Regional rents in recession, says DJD research
4 February 2011
Office rents dropped across every major regional city but Manchester in 2010, cementing the property gap between London and the rest of the country, research by Driver Jonas Deloitte has shown.
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Barratt’s Basildon plans submitted
2 February 2011
Barratt Wilson Bowden, the commercial development arm of Barratt Homes, has submitted plans for the £1bn regeneration of Basildon town centre in Essex.
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Record rent at Aberdeen’s IQ building
27 January 2011
The 125,000 sq ft ‘IQ’ building in Aberdeen is on the brink of being fully let to two tenants, in a deal that would set a record rent for Scotland of £31 / sq ft.
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Waltham green light for Solum regeneration
25 January 2011
The London Borough of Waltham Forest’s council has granted planning permission for the £20m regeneration of the area around Walthamstow Central Station.
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Council terminates Oak's £350m Rotherham YES scheme
24 January 2011
Rotherham Borough Council has terminated its agreement to allow the AIM-listed Oak Holdings to develop a £350m leisure resort next to the Rother Valley Country Park in South Yorkshire.
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Boris nod for student housing at King’s Cross
18 January 2011
London mayor Boris Johnson has granted planning permission for 657 beds of student accommodation at the King’s Cross Central development in London.
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Max Property completes pubs sale and leaseback
14 January 2011
Max Property Group has completed the sale and leaseback of 29 freehold pubs let to Enterprise Inns for £42.6m.
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Government Property Unit launches consultancy bids
14 January 2011
Twelve property consultancy firms have been invited to bid for millions of pounds worth of work helping set up government-owned property vehicles in London and Bristol.
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CapCo faces "localist" stumbling block
12 January 2011
Capital & Counties has hit a fresh planning hurdle in its proposed 67-acre redevelopment of the Earl’s Court area in west London.
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Council green light for Bradford science park
11 January 2011
Plans for a 170,000 sq ft science and technology park in Baildon, Bradford have been given outline planning permission by Bradford Council.
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Great Portland unlocks 86,000 sq ft refurb
15 December 2010
Great Portland Estates is to surrender seven leases held by Telewest UK at 160 Great Portland Street, London, to allow it to undertake a major upgrade of the property.
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Hammerson completes £557m Bishops Square disposal
15 December 2010
Hammerson today announced the completion of the sale of its Bishops Square office building in the City, owned in a 25:75 joint venture with the state of Oman, to JP Morgan Asset Management for £557m.
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Government to close 141 courts
14 December 2010
The Ministry of Justice is closing 141 courts across England and Wales, raising the prospect of a £38.5m government sell-off of town centre assets.
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Raymond Blanc cooks up first north-west restaurant
14 December 2010
Celebrity chef Raymond Blanc has confirmed plans to open a restaurant at Neptune Developments’ Mann Island in Liverpool city centre.
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Olympics 2012 investor O Twelve in third party talks
14 December 2010
O Twelve Estates this morning confirmed it is in talks with a third party, thought to be US private equity group Westbrook Partners, to take a large stake in the company.
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53-59 Chandos Place sold for £17m
13 December 2010
A 19,500 sq ft office block in the West End has been sold to a private French investor for £17.3m.
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Henderson Global Investors acquires FedEx distribution unit in Newcastle Under Lyme
13 December 2010
Henderson Global Investors has bought a 103,000 sq ft distribution unit from a private investor for £6.34m.
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HOOPP links together with Crown
13 December 2010
The Crown Estate has sold a 50% stake in its £100m St James’s Gateway development in London’s West End to HOOPP, a Canadian pension fund.
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Kadoories to pick up 25-27 St George’s Street
8 December 2010
A wealthy Hong Kong family is poised to buy 25-27 St George Street in the West End for around £70m from Aegon Asset Management, as tipped by Property Week last Friday.
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USS buys Savoy Court for £45m
30 November 2010
Redevco has sold Savoy Court, an office block in London’s West End, to the Universities Superannuation Scheme (USS) for £45m, representing an initial yield of 6.25%.
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Pickles approves £4.5bn Wirral Waters scheme
30 November 2010
Wirral Waters, Peel’s £4.5bn regeneration scheme in Merseyside, has been granted final planning approval by the secretary of state.
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Douglas & Gordon: The London Property Barometer - October 2010
26 November 2010
“The Christmas lull has come early for the London sales market with October seeing the lowest number of new valuations this year. Vendors have been encouraged by reports that prices in London will increase over the next couple of years, so are waiting for the market to pick up.”
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Reuben brothers unwrap “Cucumber”
22 November 2010
The Reuben brothers are this week set to submit a revised planning application for a proposed 42-storey tower in Westminster.
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4m sq ft of West End offices ‘lost’ to other uses
22 November 2010
More that 4m sq ft of offices in Westminster have been converted to other uses during the past 10 years, as West End landlords take advantage of prime housing and hotel values.
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New London development starts down, DJD says
22 November 2010
Despite the perception of a boom in development in London, new starts were down 52% compared to six months ago, the latest Drivers Jonas Deloitte crane survey showed.
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Investec drafts in Urban Splash in Brighton
19 November 2010
Investec has teamed up with developer Urban Splash on the workout of a Brighton development loan.
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Heron Tower secures Landmark as second tenant
19 November 2010
Serviced office provider Landmark is under offer to take 36,000 sq ft at the Heron Tower in the City, and is set to pay the highest City rent this year.
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West Ham kicks off Upton Park developer search
19 November 2010
West Ham United Football Club has kicked off the search for a developer for the historic Upton Park Stadium in Newham, London.
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Henderson set to rescue Silver Hill scheme
19 November 2010
Henderson Global Investors is understood to be in detailed negotiations to take over Thornfield Properties’ stalled Silver Hill scheme in Winchester.
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One Blackfriars to be brought to market in new year
16 November 2010
The administrators to a London development site formerly owned by Beetham Organization and Russian developer Mirax, is to be brought to market in the new year.
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Green light for Aberdeen public property joint venture
10 November 2010
Aberdeen City Council has agreed to set up a city development company into which it will transfer publicly-owned assets for redevelopment.
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Agents appointed on Shard and London Bridge Place
10 November 2010
Four office leasing agents have been appointed to market space at the Shard and London Bridge Place, in one of the largest ever City occupational mandates.
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UPP completes £24m Kent student investment deal
5 November 2010
UPP has completed a £24m transaction with the University of Kent to build a new student accommodation facility.
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City Property Association calls for better design following CABE wind up
5 November 2010
The City Property Association this week called on the City to continue to emphasise and champion good design following the decision to wind up the Commission for Architecture and the Built Environment following the Spending Review.
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Administrators poised in City
05 November 2010
One of the largest development sites in the City of London is on the brink of going into administration, Property Week has learnt
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Westfield submits plans for Broadmarsh
4 November 2010
Westfield has submitted plans to Nottingham City Council for the re-configuration of the Drury Walk entrance of the Broadmarsh shopping centre. The move is the latest in a series of improvements to the Nottingham shopping centre.
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Evans Randall completes Drapers Gardens buy
4 November 2010
Evans Randall yesterday completed the £242.5m purchase of the Drapers Gardens office complex in the City of London.
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£1.3bn bank HQ sell off
4 November 2010
The London headquarters of two of the world’s largest investment banks have been are set to be put up for sale.
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Wereldhave set for return to UK retail with £80m Poole buy
3 November 2010
Dutch property investment company Wereldhave has emerged as front runner to buy Grosvenor’s Dolphin shopping centre in Poole for more than the £80m asking price.
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RDAs cut 424 workers in five months
28 October 2010
England’s regional development agencies have lost 424 staff in total since the general election in May.
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Leisure developer sought for 126 acre Lee Valley site
25 October 2010
The Lee Valley Regional Park Authority has begun the search for a developer to lead the redevelopment of a 126 acre leisure complex in Edmonton, London.
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Birmingham to lose 79 jobs in planning team shake-up
22 October 2010
Birmingham City Council is set lose 79 full-time posts as it merges its planning and regeneration departments into a single team.
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Carlyle agrees BSI Tower sale
22 October 2010
Carlyle Group is making its first disposal from the £670m Thames portfolio, by selling the BSI Tower in Chiswick to US private equity investor Harbert and developer and asset manager Canmoor
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Central St Giles leads West End lettings leap
22 October 2010
The West End office market has enjoyed a surge in lettings, as deals are agreed at some of London’s most prominent properties, lead by the newly completed Central St Giles
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First Cadbury Cocoa House opens at Bluewater
21 October 2010
The first Cadbury’s themed café opened at the Bluewater shopping centre this week, as sales at the centre continued to grow.
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Cameron: Departments should pay property vehicles market rent
19 October 2010
New property vehicles to own and manage the government office estate should charge departments “market rent”, prime minister David Cameron has said.
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City Property Association warns on Crossrail cuts ahead of spending review
15 October 2010
The City Property Association has called for caution on any cuts to be made to the Crossrail transport project in next week’s Comprehensive Spending Review.
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Irish London sale and debt dilemma
15 October 2010
Property syndicate manager Vico Capital has put Sanctuary Buildings in London’s Victoria up for sale for £180m, as it next week faces a debt maturity on a £121m Canary Wharf office building
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NWDA chief executive steps down
13 October 2010
North West Development Agency chief executive Steven Broomhead is to step down from his post.
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Craigmillar library and council office gets go-ahead
8 October 2010
Edinburgh Council has approved plans for new 48,000 sq ft East Neighbourhood office and library in Craigmillar.
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Peabody accepted by Crown for key worker estates
7 October 2010
The Peabody Trust is the frontrunner to buy four key worker estates in London which were put up for sale by the Crown Estate.
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Advantage West Midlands details £37m cuts
7 October 2010
Regional development agency Advantage West Midlands has today revealed 121 projects that are losing almost £37m of public sector funding in this financial year.
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“Don’t delay” over TIFs, Birmingham chief warns government
6 October 2010
The government must fast-track the introduction of tax increment financing (TIF) to fund new developments, according to the chief executive of Birmingham City Council.
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Councils seek judicial review over scrapped school scheme
5 October 2010
Three local authorities are taking legal action against the government for axing the £55bn Building Schools for the Future programme.
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Hermes Real Estate to sell its 7.5% Bluewater stake
5 October 2010
Hermes Real Estate is to sell its 7.5% stake in Kent mega mall Bluewater.
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City of London Corporation hires two property directors
4 October 2010
The City of London Corporation has appointed Nicholas Gill and Peter Young as property directors.
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Pickles: councils will have to share planners
4 October 2010
Communities secretary Eric Pickles has said sharing staff, including planners, and merging services between councils is the future of local government.
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Race for £500m Olympics partner
1 October 2010
The Olympic Delivery Authority (ODA) is today due to launch a global search for a long-term partner willing to invest as much as £500m in the Olympic Village in Stratford, east London.
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Berkeley’s £150m London hat-trick
01 October 2010
Housebuilding supremo Tony Pidgley has pulled off a double coup, buying three sites in central London for nearly £150m
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Stoke-on-Trent suspends six regeneration officers
28 September 2010
Stoke-on-Trent City Council has suspended six regeneration officers as part of an inquiry into alleged breaches of contract procedural rules and financial regulations.
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One North East lists threatened projects
27 September 2010
Regional development agency One North East has released a list of projects that will lose out as it makes £32.9m of budgets cuts in 2010-11.
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Birmingham denies sovereign wealth asset sell-off
22 September 2010
Birmingham City Council has denied claims that it wants to sell assets including the NEC (National Exhibition Centre) to Middle Eastern investors.
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Renaissance Southend URC set to close
21 September 2010
Renaissance Southend has become the latest Urban Regeneration Company to announce that it is set to close.
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Council rejects £120m Gravesend regeneration plan
21 September 2010
Gravesham Borough Council has rejected a planning application for the £120m development of the Heritage Quarter in Gravesend town centre in Kent.
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Boris calls on banks to support ‘green’ refurbs
20 September 2010
London mayor Boris Johnson has called on banks to help support environmentally friendly refurbishments of buildings in the city.
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London Development Agency pays 64 staff over £100,000
20 September 2010
The London Development Agency pays 64 of its employees more than £100,000, it has emerged today.
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Big three out of the building blocks
17 September 2010
Land Securities, Great Portland Estates and British Land have started the construction of three office schemes
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Blue-sky drinking
17 September 2010
The Royal Exchange’s first alfresco cafe is set to open in March 2011
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Dutton looks for big bang to take Royal Docks ‘supernova’
17 September 2010
Newham’s regeneration chief talks to Hardeep Sandher about his ambitious plans for Docklands
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Fashion houses find common bond
17 September 2010
Bond Street becomes targeted location for high-end retailers
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Frogmore’s Primark coup will ‘redefine Tottenham Court Road’
17 September 2010
Paul White is celebrating attracting one of the UK’s fastest-growing retailers to forgotten area of the West End
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Full of West End promise
17 September 2010
Paul Smith, co-founder of West End agency H2SO, shares his three hottest submarkets with us
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London space race off the blocks
17 September 2010
Development at a 20-year low as supply in the Square Mile diminishes
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New bank regulations could result in no gains for capital
17 September 2010
London has long been regarded as the leading global financial centre in the world, thanks to its rich institutional and communication linkages around the world.
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New West End’s first lady describes her 2020 vision
17 September 2010
Dame Judith Mayhew Jonas is a woman of “firsts”. In 1996, she became the first woman to lead the City of London corporation
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Occupiers’ eye: Bloomberg’s big news
17 September 2010
Hardeep Sandher reports on the financial news group’s search for a new City headquarters
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Partners plan next decade of Paddington Central
17 September 2010
Aviva Investors to sell a stake in 1 Sheldon Square to fund next phase of its and Development Securities’ joint project
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Rising rents at new schemes mean business rates hike
17 September 2010
Developers such as Land Securities and British Land may be hoping to catch a wave of rising rents at their new developments, but they may also have to deal with higher rates
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Shaftesbury shops in Covent Garden
17 September 2010
West End REIT buys retail-led portfolio “with residential potential” at 4.7% yield
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Square Mile file
17 September 2010
The City’s largest retail development is due to open next month.
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Thames high-wire act
17 September 2010
The 10-point vision launched this summer by Newham’s executive director of regeneration, planning and property, Clive Dutton, and the London Development Agency (LDA), included plans for London’s first cable car
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RAF Bentley Priory site to be redeveloped
16 September 2010
VSM Estates has been given permission to convert the former RAF Bentley Priory site in Harrow into a museum and residential homes.
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Raft of designer retailers sign up at Spinningfields
15 September 2010
Fashion retailers DKNY, Oliver Sweeney, Mulberry, Flannels, LK Bennett, All Saints and Brooks Brothers have all confirmed they will be joining the recently opened Armani store on The Avenue, Spinningfields in Manchester.
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Duchy of Lancaster selects Greycoat for London development
15 September 2010
The Duchy of Lancaster has appointed Greycoat as development manager for an office building in London’s Strand.
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Tesco charged with building £7m police station
15 September 2010
Tesco has begun construction of a new £7m police station as part of a £200m redevelopment of West Bromwich town centre.
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Croydon wants part in two LEPs
15 September 2010
Croydon Borough Council wants formal involvement in two of the new local enterprise partnerships (LEPs) being set up by the coalition government.
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Serviced Office Group opens in Knightsbridge
14 September 2010
Serviced Office Group, an AIM-listed operator of 21 centres, has opened a new office at 1 Knightsbridge Green in London’s West End.
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Wakefield launches Merchant Gate
10 September 2010
The first phase of the £140m Merchant Gate development in Wakefield city centre opened today.
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Romford's Oldchuch granted planning permission
10 September 2010
Taylor Wimpey has been granted new planning permission for the Oldchurch Hospital site in Romford.
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Northern homewares retailer signs in Liverpool
10 September 2010
Redbrick, a northern based homewares and interiors retailer, is set to open a new store at the Liverpool One shopping centre.
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Waitrose expands convenience store portfolio
10 September 2010
Waitrose has stepped up its convenience store expansion and is set to open another five stores.
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Hammerson to beef up Bullring with restaurants
10 September 2010
Developer plans 20,000 sq ft restaurant-focused extension of Birmingham shopping centre
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M&M’s store lands in London
10 September 2010
McAleer & Rushe has let its redevelopment of the Swiss Centre in London’s Leicester Square to Mars Retail Group for a M&M’s World store, the first of its kind in Europe
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Centrica to energise Oxford property market
9 September 2010
Oxford’s largest letting for six years looks set to go to Centrica at Oxford Business Park.
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Office availability drops in Midtown, Soho and South Bank
9 September 2010
Office availability rates in London’s Midtown, Soho and the South Bank decreased in the second quarter, putting upward pressure on rents.
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Beales to open in Rochdale
9 September 2010
Department store JE Beale is to open its thirteenth store this month at the former Westgate department store in The Exchange Shopping Centre, Rochdale.
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Green light for Radclyffe Park
9 September 2010
Salford developer LPC Living has secured detailed planning permission for a major mixed-use scheme in Ordsall, Salford.
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CBRE instructed on former Halliwells space at Spinningfields
9 September 2010
CB Richard Ellis has been instructed to let the 175,000 sq ft of office space in Spinningfields, Manchester, previously occupied by the troubled law firm Halliwells.
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Jim Gill becomes Liverpool council regeneration adviser
8 September 2010
Former Liverpool Vision chief executive Jim Gill has been hired to advise Liverpool City Council on regeneration for the next three months.
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Heron launches second phase of apartments in London
8 September 2010
Gerald Ronson’s Heron International will this week release the second phase of apartments at its 36-storey luxury residential tower in the City of London.
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Typhoo Tea factory sold
8 September 2010
The former Typhoo Tea factory in Birmingham has been sold to a private investor for an undisclosed sum.
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McKay secures City letting
8 September 2010
McKay Securities has let 15,000 sq ft at Portsoken House in the City of London to a residential and mixed use managing agent.
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Prupim buys further Romford Brewery stake
7 September 2010
Prupim has bought a further 25% stake in the Brewery Romford, following its purchase of 25% in July.
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Tenants sign up at Ascot
7 September 2010
Salmon Harvester Properties has secured two tenants at Ascot Business Park in the Thames Valley.
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Segro secures eight deals
7 September 2010
Segro has secured eight industrial pre-lets totalling 473,000 sq ft across the UK and Europe.
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LDA seeks manager for £50m green buildings fund
7 September 2010
The London Development Agency has today launched the search for a fund manager to distribute a £50m fund dedicated to energy efficiency.
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Coca-Cola takes Invista pre-let in Uxbridge
7 September 2010
Invista has secured a 108,884 sq ft pre-let with Coca-Cola Enterprises at New Bakers Court, its Uxbridge town centre office scheme.
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Wapping flats get go ahead
7 September 2010
Architect Hawkins\Brown has secured planning consent for change of use from offices to residential at the Grade II-listed Metropolitan Wharf in Wapping, east London.
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Unison national centre secures funding
7 September 2010
Co-operative Bank and Unity Trust Bank are funding a multi-million pound national centre for Unison, the public sector union, on Euston Road in London.
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Leahy named for Liverpool City Region LEP board
6 September 2010
Former Tesco chief executive Sir Terry Leahy is set to become a board member of a Liverpool City Region local enterprise partnership (LEP), which was proposed by the city council today.
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Somerset to cut 1,500 jobs and sell properties
6 September 2010
Somerset County Council is set to cut 1,500 jobs over the next three years and plans to sell off two thirds of its farms.
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Binnie replaces Lewis as Kent’s property head
3 September 2010
David Lewis has left his position at Kent County Council as director of property, and has been replaced by Peter Binnie.
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CBRE to reach Pinnacle
3 September 2010
CB Richard Ellis has been appointed joint letting agent at Arab Investments the Pinnacle – a proposed 945 ft skyscraper in the City.
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EA Shaw expands
3 September 2010
EA Shaw has recruited three new members of staff to boost its central London advisory services.
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Cowell in £60m London treble
03 September 2010
Property investor buys luxury flats in Chelsea, shops in Enfield and a Hilton in Queensway
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Barnsley council buys Gateway Plaza
2 September 2010
Barnsley Council has bought the mixed-use Gateway Plaza development in the town centre for an estimated £20m, and will occupy 78,000 sq ft of the scheme’s office block.
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Green light for Ealing's Green Man
2 September 2010
Ealing Council yesterday granted planning permission for the £136m regeneration of the run-down Green Man Lane estate.
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British Capital Property makes debut UK purchases
2 September 2010
British Capital Property, a Guernsey based vehicle for South African property investors, has made its first two purchases in the UK.
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Greater Manchester Property Venture Fund buys Stockport development site
2 September 2010
The Greater Manchester Property Venture Fund (GMPVF) has bought a former Royal Mail sorting office in Stockport for an undisclosed amount.
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Studley Point half-filled with ENER-G
2 September 2010
Folkes Holdings and Trigram Properties have let more than half of their Studley Point office development in Birmingham to ENER-G.
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Apollo letting fills 50 New Bond Street
2 September 2010
The letting of 50 New Bond Street, in London’s West End, has been completed after Apollo Real Estate agreed to take the last 7,000 sq ft.
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Europa Capital and St Congar buy 100 acres in Gloucestershire
1 September 2010
The English Residential Land Partnership, Europa Capital and St Congar Land’s residential land vehicle, has bought a 100 acre land site near Brockworth in Gloucestershire.
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Asset sales among £90m savings identified by Brum
1 September 2010
Birmingham City Council has identified £90m yearly savings on “back office” costs, which will include money earned from the sale of assets.
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Sainsbury’s gets go ahead for Derbyshire supermarket
1 September 2010
Sainsbury’s, advised by Indigo Planning, has been given the go ahead for a major superstore extension in Chesterfield, Derbyshire, following an appeal.
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CABE Review: Ashton Green, Leicester
1 September 2010
Proposals for a 3,000 homes, employment uses, retail, education, community and health facilities by Leicester City Council. Designed by Taylor Young.
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Latest Farebrother report shows take up in Midtown strong
1 September 2010
The drying up of new office space in London’s Midtown area is encouraging the take-up of refurbished offices.
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Land Securities sells Stratford mall
31 August 2010
Land Securities has sold its Stratford shopping centre to Catalyst European Property Fund for £91.5m, as first tipped by Property Week.
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CB Richard Ellis Marketview: Central London Offices - Q2 2010
31 August 2010
In the wake of two very strong previous quarters, take-up weakened in the second quarter, albeit to 2.7m sq ft which was just below trend.
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Berners Hotel up for sale
31 August 2010
Jones Lang LaSalle Hotels has been appointed by administrators of Berners (BVI), to sell The Berners Hotel in London’s West End.
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Richmond to set up central property team
31 August 2010
The London Borough of Richmond upon Thames is centralising its property teams as part of a bid to save £1.4m a year on back office costs.
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Liverpool and Knowsley to share regeneration chief
31 August 2010
Knowsley Council and Liverpool City Council are set to share a head of regeneration after Liverpool’s regeneration chief John Kelly stepped down.
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Thurrock development body to escape axe
27 August 2010
The Thurrock Thames Gateway Development Organisation is set to escape government plans to roll its powers into the Homes and Communities Agency (HCA), civil servants have indicated.
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Prezzo to buy rival restaurants
26 August 2010
Italian chain Prezzo has agreed terms to buy the leaseholds of 11 rival restaurants for £3.1m.
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JLL appointed the Shrewsbury shopping centres
26 August 2010
Jones Lang LaSalle has been appointed property manager of three shopping centres in Shrewsbury.
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Evans Randall buys Drapers Gardens in the City
25 August 2010
Evans Randall has bought the recently-completed Drapers Gardens development in the City of London for £242.5m from Canary Wharf Group and Morgan Stanley Real Estate Funds.
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Councils clash over LEP areas as deadline draws near
25 August 2010
More than ten county, unitary, and city councils are in dispute over the size and shape of local enterprise partnerships (LEPs), with eight working days left before they must submit their plans to government.
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Standard Life backs Minerva in KiFin fight
25 August 2010
Standard Life Investments today threw its support behind Minerva in the developer’s ongoing management battle with its largest shareholder.
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Derwent London reveals lettings and strong half-year figures
25 August 2010
Derwent London has fully let the Charlotte Building in London’s West End, reducing the void rate in its £2.15bn portfolio to just 1%.
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Hansteen buys Kilmartin portfolio
24 August 2010
Hansteen has bought a portfolio of secondary assets from some of collapsed property company Kilmartin’s joint ventures for £13.5m.
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Merlin confirms £18.5m Legoland hotel deal
23 August 2010
Legoland owner Merlin Entertainments has confirmed it has agreed a deal for an £18.5m hotel to be developed at the Windsor theme park, as revealed by Property Week.
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Desigual to open on Oxford Street
23 August 2010
Spanish clothing retailer Desigual is to open a new store in the current Disney shop on London’s Oxford Street.
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CBRE Investors buys three retail properties
23 August 2010
CBRE Investors has bought three retail properties from a joint venture between AEW Europe/Tristan Capital partners and Mountgrange Investment Management for £15.3m.
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Tesco's Hattersley plans "extremely disappointing" says CABE
20 August 2010
Government architecture watchdog CABE has delivered a damning review of plans for a new Tesco store in Hattersley near Manchester.
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Westex Carpets buys Yorkshire mill
20 August 2010
Westex Carpets has bought Calder Bank Mills in West Yorkshire from BDO, the administrators of former owner S.Lyles Sons and Co, for an undisclosed sum.
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Tower 42 sale scrapped
20 August 2010
Tower 42 is no longer for sale after talks with a potential buyer for the 600ft skyscraper ended this month.
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Manchester’s Piccadilly Gate under offer
20 August 2010
Manchester’s 124,000 sq ft Piccadilly Gate office scheme has been put under offer by overseas investors for more than £48m, reflecting a yield of 5.75%.
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Private investors in West End show
20 August 2010
Wealthy individuals target resurgent London market
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Brum green light for £75m city-centre scheme
19 August 2010
A 25-storey mixed-use development will be added to Birmingham’s skyline after plans for the scheme were given planning consent by Birmingham City Council today.
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Rathbone Market green light after £13m boost
19 August 2010
The £180m Rathbone Market regeneration scheme in Newham in London has secured £13m funding to enable work on the project to begin.
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MedImmune expands at Granta Park
19 August 2010
MedImmune Limited, the global biologics unit of AstraZeneca, has taken a 22,000 sq ft office building on a 15-year lease at Granta Park Cambridge.
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Allen & Overy consolidates in London
19 August 2010
Law firm Allen & Overy is consolidating its offices and relocating 200 staff from Canary Wharf to its headquarters in Bishopsgate in the City of London.
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Taylor Wimpey starts 3,300 homes Didcot development
18 August 2010
Taylor Wimpey has started work at the Great Western Park development to the west of Didcot, which will eventually see 3,330 houses built.
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Westfield confirms September 2011 opening for Stratford shopping centre
18 August 2010
Westfield today confirmed a September opening for the £1.45bn Stratford City shopping centre in east London.
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PWTV: Most UK markets over-priced says DTZ
18 August 2010
Most UK markets are over-priced and offer unattractive returns over the next five years, according to DTZ.
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Fancy dress for Bluewater
17 August 2010
Angels, the UK’s largest and longest-established costumiers, is to open a 2,370 sq ft pop-up store at Bluewater shopping centre.
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HelioSlough takes legal action over Radlett decision
17 August 2010
HelioSlough has submitted a legal challenge to the High Court of Justice to a decision by the secretary of state to dismiss its appeal to develop its scheme in Radlett.
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Fladgate moves to Covent Garden
17 August 2010
Commercial property law firm Fladgate has announced it will consolidate its offices by moving to a site in Covent Garden.
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Restaurants confirm appetite for Central St Giles
17 August 2010
Four leading restaurant operators have exchanged contracts to open at the new Central Saint Giles development in London’s West End.
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Tiger donates former petrol station for pop up cinema
17 August 2010
Tiger Developments has donated a former petrol filling station in Clerkenwell for a pop up 1950s style cinema.
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Green light for £25m Stockbridge regeneration
16 August 2010
Regeneration plans for Stockbridge Village in Merseyside have been approved by Knowsley Council.
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Bank of China to fund £100m London hotel
16 August 2010
Bank of China is to fund a £100m London hotel development in its first substantial investment in London’s hospitality sector, the Independent on Sunday has reported.
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Retailers buy up Bond Street
16 August 2010
MaxMara and Louis Vuitton Moët Hennessy are each buying a store on London’s Bond Street, as luxury retailers snap up property on the exclusive shopping street.
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Henderson buys Maidenhead Boots
16 August 2010
Henderson Global Investors, on behalf of Henderson UK Property Unit Trust, has acquired a retail unit on Maidenhead High Street.
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Invista buys in Farringdon Street
13 August 2010
Invista Real Estate has bought 30 Farringdon Street in the City of London.
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Countryside Properties gets the go ahead in Barking
13 August 2010
Countryside Properties has been granted outline planning permission by the London Thames Gateway Development Corporation for Fresh Wharf in Barking.
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Shaftesbury upbeat on "flourishing" West End
12 August 2010
Shaftesbury remains bullish towards London’s West End – an area it says continues to flourish despite uncertainty in the national and international property markets.
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Gazeley green light for £70m B&Q distribution hub
12 August 2010
Gazeley has been granted planning consent to develop a £70m B&Q distribution centre in Swindon.
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LandSecs submits Derby plans
11 August 2010
Land Securities have submitted plans to redevelop the Meteor Retail Park in Derby.
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Leeds unveils new Arena images
11 August 2010
Leeds City Council has released new images and a video showing how the proposed “honeycomb” design of its proposed Arena would look.
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Jungle Rumble tumbles into Liverpool One
10 August 2010
Jungle Rumble, an adventure golf course is to open at Grosvenor’s Liverpool One Development. Compromising two 18-hole golf courses, golf simulator and catering facilities.
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PWTV: Will Primark's new store revive Oxford Street's East End
10 August 2010
Primark’s second Oxford Street store at the world famous retail street’s east end, as revealed by Property Week, will bring a major fashion retailer to an area that has struggled to create a strong retail mix.
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Stoke regeneration body to be replaced by LEP
10 August 2010
Stoke Council’s regeneration partnership is set to be wound up after councillors voted to replace it with a local enterprise partnership (LEP).
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Rockspring buys in Basildon
10 August 2010
Rockspring’s Hanover Property Unit Trust has bought the freehold of the Wollaston Industrial Estate in Basildon from Standard Life.
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Cala seeks judicial review of Coalition planning reforms
10 August 2010
Housebuilder Cala Homes has asked for a judicial review of the Coalition’s decision to axe Regional Spatial Strategies, claiming it was unlawful.
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Quintain achieves two "key milestones"
10 August 2010
Quintain has achieved two of the nine “milestones” set out in its three-year business plan.
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Olympics tower designs need work, says CABE
9 August 2010
Further work is needed on the design of the ArcleorMittal Orbit, the 114m viewing tower and a focal point for the 2012 Olympic Games, the government’s architecture watchdog said today.
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CABE REVIEW: London 2010 ArcelorMittal Orbit
9 August 2010
Proposals for a sculpture and viewing platform in the Olympic Park. Designed by Anish Kapoor, Cecil Balmond and Kathryn Findlay.
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Newbury retail scheme opening date confirmed
9 August 2010
Standard Life Investments and Shearer Property Group have confirmed the date for the opening of their Newbury retail scheme.
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Peel to open Holiday Inn at MediaCityUK
9 August 2010
Peel Leisure has signed up Holiday Inn to open a hotel at MediaCityUK in Manchester.
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Greenwich Peninsula's Pier Walk sold
9 August 2010
Quintain and Lend Lease have sold Pier Walk at Greenwich Peninsula to German fund Deka Immobilien.
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Manchester awards £90m town hall revamp contract
6 August 2010
Manchester City Council has awarded a £90m contract to Laing O’Rourke for the redevelopment of its town hall complex.
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Economist Tower lettings achieve high St James rents
6 August 2010
Ryder Street Properties, represented by Mellersh & Harding, have achieved some of the highest rents in St James’s for a year at the EconomistTower.
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Rockspring into spec action in west London
06 August 2010
Investor-developer in talks to buy Schroders Uxbridge site for office scheme
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Green light for 2,500 homes on Gainsborough site
5 August 2010
West Lindsey District Council has approved proposals for an an urban extension to Gainsborough in Lincolnshire to support 2,500 new homes in the area.
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Manchester issues CPO for Britannia-owned fire station
5 August 2010
Manchester City Council has issued a compulsory purchase order to buy the London Road fire station in the city centre, a building owned by Britannia Hotels.
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Wigan’s Grand Arcade rescued
5 August 2010
Redefine International has rescued the former Modus owned Grand Arcade shopping centre in Wigan.
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McLaren to open at One Hyde Park
5 August 2010
McLaren’s high performance sports car, the MP4-12C, will be on sale at CPC Group and Qatari-backed Waterknight’s One Hyde Park: The Residences at Mandarin Oriental development from January.
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LDA sells £16m stake in Beckton business park
5 August 2010
The London Development Agency has sold its share of Gemini Business Park in Beckton, London to Aviva Investors Pensions for £16 million.
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Metric heads to Cornwall for second purchase
5 August 2010
Metric Property Investments has made its second purchase since its £190m flotation on the London Stock Exchange in March.
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Primark swoops on east Oxford Street
5 August 2010
Primark is set to open a giant new store at the eastern end of Oxford Street in the biggest sign yet that the area will undergo a revival this decade.
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Peel invests in Ellesmere Port
4 August 2010
Peel Ports has bought the 46-acre Ellesmere Port site from Bridgewater Paper Company’s administrators Ernst & Young for £10.5m.
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Peel secures permission for £4.5bn Wirral scheme
4 August 2010
Peel has secured planning permission for the redevelopment of the East Float site which forms the heart of its £4.5bn Wirral Waters regeneration scheme in the north-west of England.
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Twelve directors quit Croydon regeneration body
3 August 2010
Twelve directors of the Croydon Economic Development Company have walked out today, as the regeneration body begins to wind down its operations.
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Ex-Morgan Stanley trio secure backing for new venture
2 August 2010
Three former Morgan Stanley Real Estate real estate directors, John Carrafiell, Sonny Kalsi and Fred Schmidt, have received financial backing from a Dutch-listed company for their new venture.
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Prupim buys 25% stake in Henderson's Brewery
2 August 2010
Henderson Global Investors has sold a 25% stake in the Brewery in Romford for £44.25m.
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UBS signs for giant Broadgate deal
2 August 2010
British Land and Blackstone have secured a 700,000 sq ft pre-let with UBS at their City of London Broadgate Estate.
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Crown wins Regent Street planning consent
30 July 2010
The Crown Estate has won planning consent for the redevelopment of two major blocks on the west side of Regent Street.
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Sound London nightclub in administration
30 July 2010
A buyer is being sought for nightclub Sound London after the appointment of Colin Wilson and Tim Dolder of RSM Tenon as joint administrators.
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CBRE seals two sheds deals in West Midlands
30 July 2010
British Capital Property has bought a 130,000 sq ft warehouse near Wolverhampton from a private investor for £8.35m, reflecting a net initial yield of 7.53%.
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Prospect buys in Telford
30 July 2010
Prospect Estates has bought the freehold of Halesfield Seven for £1.83m, the largest industrial deal in Telford this year. The 15.63 acre site will be divided to create a new industrial estate known as Epic Park.
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Carlyle makes £40m resi debut in Chelsea
30 July 2010
Private equity firm targets “resilient” sector with 50% stake in scheme
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£700m regeneration pot for north-west
30 July 2010
Evergreen and Aviva-backed Igloo to manage funds for regional revival
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Luxury flats buy for West Register
30 July 2010
RBS distressed assets unit takes in Charters scheme at cut price
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Manston plans to open Gateway
30 July 2010
Building a 3.3m sq ft business park by the north Kent coast might seem like a risky idea in present economic conditions, but developer China Gateway International says is entirely viable – if it can obtain investment from the Far East.
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Kurt Geiger Covent Garden unveiled
29 July 2010
Footwear retailer Kurt Geiger has this week unveiled its new store in Covent Garden.
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London Assembly: Cornered Shops - London's small shops and the planning system
29 July 2010
Londoners’ shopping habits have changed dramatically since the 1960s. Then the ’corner shop’ was the cornerstone of most peoples’ shopping experience, and the trip to the local butchers or greengrocers was part of daily life. Now many of us are more likely to drive to the shopping centre or visit an increasingly ’cloned’ high street that is dominated by a series of national and international chain stores.
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Broadgate Estates appointed to manage £4bn King's Cross scheme estate
29 July 2010
Broadgate Estates has been appointed to advise on the estate management on the £4bn King’s Cross Central scheme.
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Plans submitted for historic Towcaster regeneration
29 July 2010
South Northamptonshire Council has submitted plans for the redevelopment of an area of the market town of Towcester as it prepares for an anticipated boom in housing and employment in the area.
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HCA hit by £26m London-Wide Initiative cost
29 July 2010
The Homes and Communities Agency has been hit with a £26m cost due to the failure of a London homes development initiative.
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Boris introduces new protected views in central London
29 July 2010
Boris Johnson has today published new guidance aimed at increasing the protection of London’s historic views.
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IPP buys former Croda site in Bromborough
29 July 2010
Croda’s former fatty acid plant at Bromborough Pool in Merseyside has been bought by Dibbin Estates and Equipment, an International Process Plants and Equipment Corp (IPP) affiliate.
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Major retailers under fire from London Assembly
28 July 2010
Councils should be given powers to resist planning applications from big retailers, according to the London Assembly.
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Southampton wins Arts Council funding
28 July 2010
A proposed arts complex in Southampton has been awarded £7.2m by the Arts Council England.
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Sainsbury’s submits plans for Fulham Wharf
28 July 2010
Sainsbury’s has submitted plans for its Fulham Wharf project.
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Cheshire developer buys back Modus site in Devon.
28 July 2010
Rob Lloyd, the chief executive of AIM-listed developer Eatonfield, has bought a 24-acre site in Devon that was formerly owned by Brendan Flood’s Modus group.
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Derwent completes Central Cross buy
28 July 2010
Derwent London made its biggest purchase for three years this week.
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Royal Docks regeneration plans published
28 July 2010
Plans for the regeneration of the Royal Docks in east London have been published today, setting out a strategy to secure up to £22bn of investment.
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Development agreement paves way for Potters Fields
27 July 2010
The next step in the development of Potters Fields, the development site sandwiched between Tower Bridge and London’s City Hall, took place yesterday with the confirmation of a development agreement between Southwark Council and Berkeley Homes.
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Qatari investor sees value in Mayfair
27 July 2010
F&C Reit has sold 27 Dover Street in Mayfair, London for £6.35m. Claymore Asset Management bought the property on behalf of Qatari-owned Oryx Property.
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DAM Estates gets planning for Travelodge at Lee Hurst comedy club
27 July 2010
Hotel operator Travelodge and stand-up comic Lee Hurst are set to open in a development in east London that has just won planning permission.
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West End Company unveils 2020 vision at its birthday bash
27 July 2010
The New West End Company celebrated its 10th birthday by unveiling its 2020 VISION for the London’s West End at the House of Commons last night.
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Redefine agrees £106m London hotels deal
26 July 2010
Redefine International has agreed to buy five Holiday Inn hotels in London for £106.3m.
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Swiss clock to return to Leicester Square
26 July 2010
The famous Swiss Glockenspiel clock in Leicester Square, is set to return after a two year break.
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CABE Review: Morecambe Centreal Promenade Redevelopment Site, Lancaster
26 July 2010
Developer: Urban SplashArchitect: Flacq Architects
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Betting shop bought up by rivals
26 July 2010
South-east based betting shop chain Roar Betting has been split up and sold after it was placed in administration on 19 July.
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HSBC to lead £600m Pinnacle funding
26 July 2010
The consortium behind plans to develop one the Pinnacle is close to agreeing terms with HSBC to lead the £600m financing of what will be one of London’s tallest skyscrapers, the Independent on Sunday reported yesterday.
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Trespass opens first south-west store
23 July 2010
Outdoor leisure and clothing retailer Trespass has opened its first high street store in the south west as it starts a wave of new openings.
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MoD proposes 1,650 homes for Bicester site
23 July 2010
Defence Estates, the Ministry of Defence’s property arm, is seeking planning consent for 1,650 homes to be built on its Graven Hill depot site near Bicester, Oxfordshire.
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More new names for Southgate Bath
23 July 2010
Multi Development and Aviva Investors have signed a raft of new names for their Southgate scheme in Bath.
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Norfolk MPs step in to bring Targetfollow back from the brink
23 July 2010
A group of Norfolk based MPs have stepped in to crunch talks with Lloyds Banking Group over the future of Norwich-based private property company Targetfollow.
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Le Meridien Piccadilly sold to Host Hotels & Resorts
22 July 2010
Starman Hotels has sold its Le Meridien Piccadilly hotel in London to Host Hotels & Resorts for £64m.
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Scarborough wins Cheshire consent
22 July 2010
Scarborough Development Group has obtained planning permission for a multi-million pound redevelopment of a three-acre town centre site in Congleton, Cheshire.
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Oldham appoints consultancy on £20m stadium plans
22 July 2010
Oldham Athletic FC has appointed Sports Solutions GB to help deliver their £20m community sports facilities development scheme.
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Green means go for Miller Birch and E.ON
22 July 2010
Power company E.ON and its development partner Miller Birch have secured planning permission for a 105,000 sq ft “green” office scheme.
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GPE portfolio outperforms the market
22 July 2010
Great Portland Estates’ portfolio outperformed the market with a 4.6% capital value growth in the second quarter of this year, the company said today.
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Staffordshire police offices up for sale
21 July 2010
Staffordshire Police has put the freehold interest of 5,573 sq ft of commercial office space at Crossfields, 35 Cannock Road in Baswich, near Stafford, up for sale.
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Tritax completes Brindleyplace sale
21 July 2010
Tritax has completed the sale of £190m worth of offices at Birmingham’s Brindleyplace, as first revealed by PropertyWeek.com.
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Trinity Leeds to go ahead and non-exec director appointed at LandSecs
21 July 2010
Land Securities has confirmed it plans to start its 1m sq ft Trinity Leeds shopping centre scheme.
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London resi rents surge, says Knight Frank
21 July 2010
Residential landlords in London’s prime areas have seen a surge in rents over the past year, according to Knight Frank.
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London and Stamford buy in Battersea
21 July 2010
London & Stamford Property has bought apartments and car parking spaces at Bridges Wharf, Battersea, in south London.
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Scottish Widows confirms Kleinwort Benson letting
21 July 2010
Kleinwort Benson, the UK and Channel Islands wealth manager, has taken the whole of Scottish Widows Investment Partnership’s (SWIP) 50,000 sq ft St George Street office development, as first tipped by Property Week in February.
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Construction begins on Co-op head office
20 July 2010
Construction has started on the Co-operative Group head office in Manchester.
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Heron secures £115m loan for City resi tower
20 July 2010
Heron International has secured a £115m loan facility to finance the construction of The Heron, its residential development next to the Barbican in the City of London.
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Henderson buys Islington shopping centre for £112m
20 July 2010
Henderson Global Investors’ German business Warburg-Henderson KAG has bought the N1 shopping centre in Islington for £112m.
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Luxury Fashion boosts West End retail sales
19 July 2010
Retail sales in London’s West End saw a 10% year-on-year growth in June compared to a flat UK-wide result of just 1.2%, according to figures released by the New West End Company today.
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Raynsford appointed Olympics homes company chairman
19 July 2010
Labour MP Nick Raynsford has been appointed chairman of Triathlon Homes, the company established to own and manage the affordable housing at in the Athletes’ Village in Stratford, east London, following the 2012 Olympics.
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Morgans refinances £100m luxury London hotels debt
19 July 2010
Debt secured against two five-star London hotels has been refinanced by one of the hotels’ joint owners, Morgan Hotels Group.
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Aviva wins Noho Square scheme
19 July 2010
Aviva Investors and Exemplar Properties have teamed up with the committee managing the assets of Iceland’s failed Kaupthing Bank to develop a £750m scheme on the site of the former Middlesex Hospital, the Independent reported today.
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Midtown’s office development pipeline dries up
16 July 2010
Midtown’s office development pipeline is drying up, according to the latest data from Farebrother.
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Prologis leases 490,000 sq ft to Travis Perkins
15 July 2010
PEPR, one of Europe’s largest owners of modern warehouse distribution facilities, announced today that it has signed a 17 year lease with Travis Perkins, a supplier to the UK’s building and construction industry.
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Boris Johnson BIDs for regeneration co-operation
15 July 2010
Mayor of London Boris Johnson today announced plans to allow London’s delivery agencies and Business Improvement Districts to work together to ensure a city-wide dialogue of regeneration.
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Global investment in Q2 doubles to $66bn
15 July 2010
Global real estate investment in the second quarter of 2010 was $66bn – double the same period in 2009, research from Jones Lang LaSalle has shown.
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Tesco development arms submits £150m Gateshead plan
15 July 2010
Spenhill has submitted a planning application for the $150m regeneration of Trinity Square in Gateshead.
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McKay Securities completes office lettings trio
15 July 2010
McKay Securities has completed three office lettings in London.
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Green light for Stockley expansion
15 July 2010
A 750,00 sq ft extension to Stockley Park in West London has been approved by the London Borough of Hillingdon.
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King Sturge strengthens South East office team
14 July 2010
King Sturge has appointed Chris Barrs as a senior associate in the South East office agency team.
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Jones Lang LaSalle wins Fairoaks Airport instruction
14 July 2010
Jones Lang LaSalle has been instructed to find a buyer for part of Fairoaks Airport in Surrey after owning company Albermarle Fairoaks fell into administration in February.
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Sporting plans for Lewisham revealed
13 July 2010
Regeneration specialist Renewal has launched plans for the regeneration of north Lewisham.
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MCC shortlist five developers for luxury flats at Lord’s
13 July 2010
Marylebone Cricket Club (MCC) has shortlisted five development companies to build a residential scheme at Lord’s Cricket Ground in St John’s Wood, London.
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Barclays provides student accomodation debt
13 July 2010
Barclays Corporate has provided £27.4m senior debt finance for Campus Living Villages to develop student accommodation at the University of Bedfordshire.
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Covent Garden Market Authority announces shortlist for a development partner
12 July 2010
The Covent Garden Market Authority (CGMA) has announced a shortlist of six developers for the £1bn redevelopment of the New Covent Garden Market in Nine Elms, on the south bank of the River Thames.
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Central London availability drops to two year low
12 July 2010
Availability in central London is at its lowest for two years according to research by CB Richard Ellis.
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Ballymore reveals Nine Elms plans
9 July 2010
Irish developer Ballymore has unveiled plans for its 15-acre site in Nine Elms.
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Government to sell off RDA assets
9 July 2010
Regional development agency property will be sold off as part of a structural reform plan published yesterday by the Department for Communities and Local Government.
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Hed Kandi to open Bluewater shop debut
9 July 2010
Music and lifestyle brand Hed Kandi is to make its UK retail debut at Bluewater in August in conjunction with a transactional website.
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Able reveals £400 Humber marine energy park plans
09 July 2010
Plans for a £400m marine energy park on the Humber near Immingham have been revealed by developer Able UK. The park will be used for the construction and installation of wind turbines, and development of biomass energy.
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And finally …
09 July 2010
Summer has always been the time for exploring the great outdoors. But the quiet market has given companies even more room in the diary to plan expeditions, many in the name of charity.
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Barrow regeneration nears funding crossroads
09 July 2010
Slowly but surely the regeneration wheel is turning for Barrow-in-Furness on the west coast of Cumbria.
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Industrial action at big three
09 July 2010
Activity revs up at RAF Sealand, Knowsley and Rochdale. Paul Unger reports
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Manchester and Liverpool rise as regions flatline
09 July 2010
Prime headline and net effective office rents will stabilise in Liverpool and Manchester during the second half of 2010.
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Manchester office take-up set to spin past 1m sq ft
09 July 2010
Co-op’s new headquarters sets up Manchester city centre for a strong year. Paul Unger reports
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Need to know: lowdown on the Farmgen
09 July 2010
Some clever energy entrepreneurs in Lancashire have worked out a way to generate power on farms and sell it to the utility companies, and share the spoils with the landowners
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Preston’s pressing office problem
09 July 2010
Talks under way to bring city to where it should have been a decade ago
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Q+A: Paul Rice gets down to business in Liverpool
09 July 2010
Paul Rice heads the Liverpool Commercial District Partnership, which is campaigning for the city’s second business improvement district (BID)
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Residents take Heart in Salford’s Number One blocks
09 July 2010
Salford’s media hub prepares to welcome its residential neighbours
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Rock and Mall get ready to join Lancashire lineout
09 July 2010
Blackburn and Bury are rare sights on the retail landscape, both having new centres, or centre extensions, opening shortly.
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Shared housing: Redrow and Property Alliance
09 July 2010
Housebuilders are stepping up activity in the north-west, but are having to be imaginative to forge deals with landowners. Redrow and Trafford-based Property Alliance Group are considering such a joint venture in Salford
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Maude quizzes Trillium on cutting contract costs
8 July 2010
Contractors including Telereal Trillium met Cabinet Office minister Francis Maude today to discuss renegotiating their agreements with the government.
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Carlyle completes £671m White Tower purchase
8 July 2010
Carlyle Group has exchanged contracts for to buy six central London properties, which were formerly part of the portfolio securing the White Tower 2006-3 commercial mortgage backed securities (CMBS) vehicle.
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Hyde Park hotel sold to private buyer
8 July 2010
The Park Inn in Hyde Park has been sold to a private buyer for around £35m.
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Grosvenor in early Liverpool One refinancing talks
8 July 2010
Grosvenor is in early talks with the four banks which helped fund its Liverpool One retail development about a potential refinancing of the large retail scheme.
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Lend Lease and Southwark agree Elephant & Castle agreement
8 July 2010
Southwark Council and developer Lend Lease agreed the terms of a £1.5bn regeneration agreement - the next step in the regeneration of London’s Elephant & Castle district.
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Birmingham council hires Newcastle chief to replace Dutton
7 July 2010
Birmingham City Council has today announced the appointment of Mark Barrow as its new strategic director of development.
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Capita Symonds takes space in Sheffield
6 July 2010
Capita Symonds has agreed to take 15,000 sq ft in Sheffield city centre office.
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Government to halve property costs in “doomsday” scenario
6 July 2010
Government departments have been asked to draw up a “doomsday” scenario of 50% cuts to their administrative budgets, including property costs, by the end of July.
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Drivers Jonas Deloitte: Manchester Crane Survey 2010
5 July 2010
The start of 2010 brings new optimism as the UK economy exits the deepest recession in decades and returns to positive growth.
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Drivers Jonas Deloitte: London Student Housing Crane Survey 2010
5 July 2010
Student numbers studying at London’s universities have continued to grow and the supply of student accommodation in the capital remains tight. A year on from our first survey our latest research highlights that 2,490 bedspaces have completed in the last year across the capital.
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Drivers Jonas Deloitte: London Residential Crane Survey 2010
5 July 2010
The London housing market has seen a dramatic turnaround in recent months. The economic downturn hit the housebuilding industry hard, leaving developers faced with falling land values and low sales rates.
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Drivers Jonas Deloitte: Central London Crane Survey - Q1 2010
5 July 2010
The number of cranes on the London skyline continues to fall. This latest survey records just 33 office schemes under construction across central London, compared with 49 six months ago and some way below the 106 construction sites in the first half of 2008.
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Savills' Yorkshire Industrial Market Bulletin - Summer 2010
5 July 2010
“Footloose occupiers are being tempted to relocate to cost effective accommodation inYorkshire, due to limited supply in other parts of the UK.”
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Government agrees to £415m PFI prison deal with Serco
5 July 2010
The Ministry of Justice’s National Offender Management Service has agreed to a new prison at Belmarsh, London, to be built by Skanska and run by by outsourcing giant Serco.
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Cable car plan revealed for London
5 July 2010
A cable car is being planned for a Thames river crossing between the Greenwich Peninsula and the Royal Docks in London.
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Gatehouse Bank buys BT HQ in Leeds
5 July 2010
Gatehouse Bank has bought One Sovereign Street, the HQ of BT’s regional headquarters in Leeds, for £40.1m in one of the biggest deals in Yorkshire this year.
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School rebuilds face £1bn cut
5 July 2010
Education secretary Michael Gove is expected to announce today that up to 700 school building redevelopments are to be frozen.
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Olympic Delivery Authority boss named as highest quango earner
2 July 2010
David Higgins, chief executive of the Olympic Delivery Authority (ODA), has topped a list of the highest earners in quangos, published by the government today.
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PWTV: City planner Rees turns 25 and signals new era for the Square Mile
2 July 2010
The City of London’s legendary planning officer, Peter Rees, will celebrate 25 years in the job next month.
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Rockspring buys in Midtown
2 July 2010
Rockspring Property Investment Managers has bought Fox Court in London’s midtown or around £52m reflecting a yield of 7.5%.
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Tate Britain plans get go ahead
2 July 2010
Westminster City Council has approved plans for a significant refurbishment of one of the world’s most famous art galleries The Tate Britain.
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Invista buys Sheffield office building
2 July 2010
Invista Property Foundation Trust has bought the Portergate, an office building in Sheffield, for £10.2m.
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Moorfield and Hines exchange on £200m Brindleyplace deal
1 July 2010
Hines and Moorfield have tonight confirmed their purchase of eight buildings at Brindleyplace in Birmingham.
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LTGDC confirms £6m strategic land purchase
1 July 2010
The London Thames Gateway Development Corporation has bought seven land plots in Hackney Wick and Fish Island, east London, from PricewaterhouseCoopers, which is administrator to Paul Kemsley’s Rock Investments.
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Green light for hotel at Clapham Junction
1 July 2010
Planning consent has been granted for a 70-bedroom hotel opposite Clapham Junction train station.
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Government blocks Minerva's 1m sq ft Ram plans
1 July 2010
The government today refused planning consent for Minerva’s 1m sq ft development plans at the Ram Brewery site in Wandsworth.
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Morrisons buys Croydon site
1 July 2010
Morrisons, the UK’s fourth largest supermarket chain, has bought an 11.3-acre site in Croydon for a new store.
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Starwood and L&R buy London's Cumberland in Europe's largest hotel deal this year
1 July 2010
Starwood Capital and London & Regional have bought the Cumberland Hotel at London’s Marble Arch.
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Budget hotels are booming as Boris opens 400th Travelodge
1 July 2010
The budget hotel sector has been booming through out the recession as was evidenced yesterday with the opening of the 400th Travelodge hotel near Waterloo train station in London.
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Tesco loses appeal over Liverpool regeneration scheme
30 June 2010
A legal challenge by Tesco, which was blocking a major regeneration scheme in Liverpool, has been rejected by the High Court.
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Barclays Corporate backs Liverpool’s Iliad Group
30 June 2010
Barclays Corporate has provided senior debt finance to Liverpool-based developer the Iliad Group to develop a £38m student property development near Aston University in Birmingham.
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Former Phoenix Beard head Roger Poynton dies
29 June 2010
Roger Poynton, former managing director of Birmingham’s Phoenix Beard Property Consultants, has died at the age of 62.
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Hammerson buys Brookfield Europe’s stake in Cricklewood project
29 June 2010
Hammerson has bought Brookfield Europe’s stake in the £4.5bn Brent Cross Cricklewood regeneration scheme in West London.
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Park Plaza completes on 360 room sales at Westminster Bridge apart-hotel
29 June 2010
Hotel owner and operator Park Plaza has completed 360 sales of rooms at its recently opened Park Plaza Westminster Bridge in London.
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Hollister: Live from Norwich
29 June 2010
Abercrombie & Fitch fashion brand Hollister has signed up at Capital Shopping Centre’s Chapelfield shopping centre in Norwich.
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Moorfield and Hines team up for £200m Brindleyplace bonanza
28 June 2010
Moorfield and Hines have teamed up to buy eight buildings at Birmingham’s Brindleyplace office scheme for just below £200m.
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Boris HCA plans breach mayoral role, councils warned
28 June 2010
London Mayor Boris Johnson would breach his strategic role by taking over the delivery powers of the Homes and Communities Agency’s London arm, councils have been warned.
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Blackrock buys £58m Covent Garden building
28 June 2010
Blackrock UK Property Fund has bought the freehold of 25 Bedford Street in London’s Covent Garden for £58.8m.
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London and Paris "safest markets" says Rufrano
28 June 2010
London and Paris are two of the safest markets to invest in today, according to Cushman & Wakefield’s new global CEO.
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London Square hires former Barratt finance chief
28 June 2010
London Square, the newly formed housebuilder backed by private equity firm Graphite Capital, has strengthened its management team with the appointment of City grandee and former Barratt Developments finance chief Mark Pain as chairman.
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Defence Estates agrees on new property contracts structure
28 June 2010
Defence Estates, the Ministry of Defence’s property arm, has approved a new structure for its property management contracts, which are due to begin between 2011 and 2014.
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Chelsea Barracks saga set to continue
25 June 2010
Christian Candy has won a High Court claim against Qatari Diar on the Chelsea Barracks project but failed in a bid for early payment of his £81m project fee.
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Rockspring teams up with former Mall fund director to buy four shopping centres.
25 June 2010
Rockspring Property Investment Managers has exchanged contracts to buy four shopping centres from the Mall fund.
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Lea & Sandeman to expand
25 June 2010
MMX Retail has been appointed by upmarket independent London wine merchant, Lea & Sandeman, to advise on its expansion strategy.
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Land Securities HQ back on market
25 June 2010
Land Securities’ headquarters at 5 Strand, close to Trafalgar Square in London, is up for sale for £53m.
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Triton sinks under water
25 June 2010
Receivers called in on City of London office block,Triton Court, owned by Glenn Maud’s Propinvest and Jack Petchey’s Incorporated
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Two sturdy lettings perk up Thames Valley office parks
24 June 2010
Two significant Thames Valley transactions have signalled a return to activity in the region after take-up reached an all-time low earlier this year.
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Area buys into Ronson's Heron resi tower
24 June 2010
Area Property Partners has bought a 40% stake in Gerald Ronson’s The Heron luxury residential tower.The New-York based investment firm has bought the stake in the 36-storey City of London tower which Ronson’s Heron International is about to start building.
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Sainsbury's gets consent for £40m Kings Lynn development
24 June 2010
Sainsbury’s and developers Morston Assets have been given permission for a £40m retail-led scheme in Kings Lynn.
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HCA Oxfordshire hospital site gets resi green light
24 June 2010
Plans to redevelop a derelict Oxfordshire hospital on Homes and Communities Agency land as part of a residential scheme has been given the go ahead.
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Fosse Park up for sale
24 June 2010
The Irish investors behind retail park Fosse Park have hired Franc Warwick to sell the £360m park.
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Best Buy to open in Nottingham and Derby
23 June 2010
Best Buy, the US electrical retailer, has announced plans for two new stores at Kingsway Retail Park in Derby and Castle Marina Retail Park in Nottingham.
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Defence Estates picks Morgan Sindall for £16m scheme
23 June 2010
The Ministry of Defence’s property arm Defence Estates has picked Morgan Sindall to build a new £16m home for the King’s Troop Royal Horse Artillery in Woolwich.
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Victoria's Secret to make UK debut
22 June 2010
Victoria’s Secret, the US lingerie chain, is to make its UK debut in a store in Bond Street.
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Canadians invest in Peel’s airports
22 June 2010
John Whittaker’s Peel Group has sold a 65% stake in its airport business to Vancouver Airport Services.
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Lambeth approves £114m Brixton PFI housing scheme
22 June 2010
Lambeth Borough Council has approved a £114m private finance initiative-funded regeneration scheme in Brixton.
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West End chiefs make plea for Crossrail
22 June 2010
Cutting or scrapping Crossrail would be “short sighted”, West End business leaders, including Marks & Spencer chairman Sir Stuart Rose and chief executive of Great Portland Estates Toby Courtauld, have warned the government ahead of today’s emergency budget.
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Hammerson sells Docklands tower for £134m
22 June 2010
Hammerson has sold Exchange Tower in London’s Docklands for £134m to MGPA’s Europe Fund III.
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Great Portland Estates buys 35 Portman Square
22 June 2010
Great Portland Estates has bought an office in London’s West End at a net initial yield of 7.7%.
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Hammerson buys remaining stake in Battery retail park
21 June 2010
Hammerson, which owns 25% of Battery Retail Park in Birmingham, has bought the remaining 75% from its partner TIAA-CREFfor £49.5m.
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SEB completes Condor House purchase
21 June 2010
SEB Asset Management has completed its purchase of Evans Randall’s Condor House in the City of London for its open-ended real estate fund SEB ImmoPortfolio Target Return Fund.
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Ministry of Justice appoints Knight Frank for two sales
18 June 2010
Knight Frank has been appointed by the Ministry of Justice to sell two office properties in London’s Victoria.
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E3 appointed to Hampshire's Rose Bowl
18 June 2010
E3 Consulting has been appointed to advise on the redevelopment of Hampshire County Cricket Club’s Rose Bowl stadium.
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Asian investors lead demand for London resi
18 June 2010
Asian investors are leading international demand for residential investment property in central London and have spent a total of £761m over the past year, as they look for safe havens in the face of turbulent domestic markets.
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Prince Charles sets up shop in Bath
18 June 2010
Lloyds Bank has granted an underlease on its grade one listed bank at 38 Milson Street in Bath to the Prince of Wales for his first high street shop to be known as the Highgrove Shop, run by Highgrove Enterprises.
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Shortlist for Middlesex Hospital site drawn up
18 June 2010
One of China’s largest property companies, Soho China, is on the shortlist to buy the former Middlesex Hospital site in London’s Noho for around £130m.
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Barclay in Belgravia
18 June 2010
Publishing entrepreneur linked to purchase of former mansion near Buckingham Palace in a sign of continuing strong market
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Government backs £4.5bn Brent Cross Cricklewood regeneration
17 June 2010
The Government will not call in £4.5bn Brent Cross Cricklewood regeneration scheme, it was announced today.
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Pyle joins McCready's six-strong Property Unit team
17 June 2010
Former Land Securities director Robyn Pyle has joined John McCready’s team at the government’s Property Unit, which now has a six-strong team.
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Newcastle & Gateshead development company launches 20-year plan
17 June 2010
Newcastle and Gateshead’s city development company, 1NG launched its 1PLAN – a 20-year economic and spatial masterplan for the two cities today.
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Land Securities sells £250m Park House scheme
17 June 2010
Land Securities has agreed to forward sell its Park House development on London’s Oxford Street to a Qatari property company for £250m.
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Crossrail won’t be scaled back, says Hammond
16 June 2010
Transport secretary Phillip Hammond has said the government is committed to providing the full £16bn of required funding for London’s Crossrail scheme.
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Liverpool ONE smiles with office letting
15 June 2010
Liverpool Orthodontic Centre has signed up at Grosvenor’s Russell Building in its Liverpool One scheme.
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Boris reveals plans for London power grab
15 June 2010
London mayor Boris Johnson has unveiled plans to reform development powers in London and take direct responsibility for the legacy of the 2012 London Olympics.
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MAG attracts JETS to Bournemouth airport
15 June 2010
MAG Developments has agreed a five-year lease with Jet Engineering Technical Support (JETS) on a fly-in, fly-out facility at Bournemouth airport.
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Howard Property Investments buys RBS building
15 June 2010
Howard Property Investments has bought the RBS building on Silbury Boulevard in Milton Keynes for £3.2m from Blackrock Land.
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Double letting at Camomile Court in the City
15 June 2010
MBK Real Estate Europe has let 29,150 sq ft of office space in Camomile Court, in the City of London.
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Mainstay and Market Focus Asset Management join forces in London
15 June 2010
Mainstay Group has bought north west London-based property management firm Market Focus Asset Management for an undisclosed sum.
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Danescroft regears McGregor-Boyall leases
15 June 2010
Danescroft Commercial Developments has completed its second regear of leases held by McGregor-Boyall at its 110 Middlesex Street scheme in London.
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Tyco takes 12,938 sq ft in Slough
14 June 2010
Highland Slough has let the 12,938 sq ft Phoenix 2 building at Farnham Road in Slough to Tyco Fire & Integrated Solutions.
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Bank holiday shoppers boost West End retail sales
14 June 2010
Retail sales in London’s West End saw 5.8% year on year growth in May as a result of good bank holiday trading, New West End Company said today.
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Candy claims Qatari Diar deliberately deleted damaging emails
14 June 2010
Qatari Diar attempted to delete internal emails which damage it’s case against Christian Candy in the Chelsea Barracks trial, it was claimed in the High Court heard today.
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TfL quits Shard as developers reach for the sky
14 June 2010
Transport for London will no longer become the first office tenant at the Shard at London Bridge as the developers look to position the building at the “top end” of the London market.
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Hammersmith regeneration plans go public
11 June 2010
Final proposals for the regeneration of King Street in Hammersmith town centre will go before the public this weekend.
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Hermes £58m London office
11 June 2010
Hermes Real Estate has bought Wimbledon Bridge House for £58m from Tristan Capital Partners and AEW Europe.
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National Grid lights up 1m sq ft Manchester business park plans
11 June 2010
National Grid Property Holdings has won planning permission for a 1m sq ft business park at its Common Lane site in Partington, Greater Manchester.
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Facelift for Leeds' oldest shopping complex
10 June 2010
Leeds’ oldest shopping complex, Thornton Arcade, is to receive a facelift this summer.
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Gresham House gets Merseyside consent
10 June 2010
It has been given planning consent for 441 houses and 35,000 sq ft of commercial space on the 28 acre site.Discussions are ongoing with several national housebuilders over the site.
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Legal & General buys in Islington
10 June 2010
Legal & General has bought an Islington property for £16.5m - a net initial yield of 5.43%.
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Green light for Doncaster Council’s 157,500 sq ft HQ
9 June 2010
Plans have been approved for a 157,500 sq ft office building that is a key part of the proposed £300m Civic and Cultural Quarter in Doncaster.
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Alfa Laval regeneration gets go-ahead
9 June 2010
Carlton Properties has been granted planning permission by the London Borough of Hounslow for a £100m regeneration scheme on the 4.6 acre Alfa Laval site in Brentford.
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USS buys NatMags House
8 June 2010
Universities Superannuation Scheme has exchanged contracts to buy National Magazine House in London’s West End for £42m.
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LDA launches search for Gallions Quarter developers
7 June 2010
The London Development Agency (LDA) has begun a search for development partners for a site in the Albert Basin in east London’s Royal Docks.
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PWTV: M25 markets ready for spec development, Knight Frank says
12 May 2010
Some parts of the M25 office market are ready for speculative development, Knight Frank told guests at its M25 office breakfast this month.
