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Property news and features from the current issue of Property Week.

John Lewis

John Lewis could use surplus space for flexible offices

21 July 2017

John Lewis is considering a radical plan to incorporate co-working or serviced office space in its stores.

Garden House, London

City buy shows Asian investor appetite for development risk

21 July 2017

A Hong Kong-based private investor has acquired an office building in the City of London from Legal & General for £32.4m, in a sign that appetite exists among Asian investors for redevelopment opportunities.

Old Kent Road

Developer duo snaps up south London site

21 July 2017

A pair of private developers has acquired a site near London’s Old Kent Road for a £520m mixed-use scheme as part of their plan to become a “major new player” in the London market.

Angel Court

Two new tenants take space at Angel Court

21 July 2017

Mitsui Fudosan and development partner Stanhope have completed two further lettings at their City of London office scheme, Angel Court, bringing it to 50% let.

Harwell Campus technology park

Cobalt to quadruple size of headquarters

20 July 2017

Cobalt Light Systems, which was acquired by Agilent Technologies last week for £40m, is set to expand its headquarters fourfold after signing a pre-let for 23,500 sq ft at Harwell Science and Innovation Campus in Oxfordshire.

Riverside House

Alduwaliya bags Ofcom HQ on South Bank for £150m

20 July 2017

The Qatari royal family’s private property company, Alduwaliya, has snapped up an office development on London’s South Bank from M&G’s retail fund for around £150m.

Chris Procter Caddick

Caddick launches strategic land arm

20 July 2017

The Caddick Group has launched a new strategic land arm offering site assembly, negotiation and promotion as well as planning services.

Dunns Hat Factory

Hats off to Orchard Street

20 July 2017

Orchard Street Investment Management has acquired Dunn’s Hat Factory, an office building in Camden, north London, from Columbia Threadneedle for £25.3m.

Gower Street, Bloomsbury

Acuitus raises £52.4m at its biggest sale of 2017 so far

20 July 2017

Acuitus raised £52.4m from the sale of 67 lots last week at its biggest auction of the year so far.

PW FC with Jesus

Divine intervention for PW FC

19 July 2017

Property Week’s history on the football field is about as trophy-laden as that of our local team Crystal Palace.


Impact House Inspired

Inspired secures £61m for developer’s biggest scheme to date

21 July 2017

Inspired Asset Management has secured £61.1m in development finance for its biggest scheme to date, in Croydon, south London.

Top 5 balanced funds

Sharp differences in annual fund returns

20 July 2017

Industrial property and long-income funds have delivered the best returns in the AREF/IPD UK Quarterly Property Fund Index over the past year.

AUM top 10

AUM of top 100 alternative asset managers soar

20 July 2017

The assets under management (AUM) of the world’s 100 largest alternative asset managers rocketed by 10% to $4trn (£3trn) last year, according to the latest Willis Towers Watson Global Alternatives Survey.


Whole Foods Market

Amazon is less slayer and more saviour of food retail property

21 July 2017

When Amazon announced its intention to acquire top-end American grocery chain Whole Food Markets (WFM) for just $14bn (£10.7bn) last month, the facial expressions of a lot of real estate magnates with a presence in the retail space would have been interesting to see.

Wellington Place, Leeds

No summer break for real estate investors

21 July 2017

The end of H1 typically marks the start of the summer recess, but this year it seems the UK and European real estate markets do not want to take the traditional break. Global capital remains extremely active with domestic and global investors undeterred by continuing political instability.


UK's retail sector is still very much open for business

21 July 2017

Recent political and societal events in the UK have put a dampener on our summer and, if we look back at the past six months, London and the rest of the UK have certainly been through the mill.

Jean-Marc Vandevivere

Teaming with BTR backers a win-win for councils

18 July 2017

With local authorities struggling with central government cuts, it’s unsurprising many have turned to commercial property as an alternative source of income, as shown by Woking Borough Council’s purchase of Dukes Court last week

More leading takes on property

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Property Analysis

Guy Montague-Jones

Department stores must innovate to survive

21 July 2017

Department stores are having to get creative. Store sales are under pressure because of the shift to online retail, the rise of Amazon and our increasing preference for spending money on experiences rather than things.

Power 100 first 10

PW Power 100: power people party

21 July 2017

On 6 July, the crème de la crème of property gathered at 1 Fleet Place in the City to find out who had made the cut in Property Week’s Power 100, sponsored by host Dentons and Malcolm Hollis.

New Waverley, Edinburgh

Location and amenities key to GPU New Waverley pre-let

21 July 2017

The UK government made waves in the Edinburgh office market last week when it announced a 190,000 sq ft pre-let at Artisan Real Estate Investors’ New Waverley scheme - the city’s largest letting in 20 years.

Mace Jump Factory

Modular pioneers turn to mobile factories

20 July 2017

Pioneers of modular construction are already setting their sights on the next big thing - mobile factories.


St Helier, Jersey

What impact would ‘stealth tax’ have on Jersey property?

21 July 2017

Jersey is known as a playground for the rich. The opulent mansions, yachts and private jets that adorn its land, sea and sky are a constant reminder that the island’s community includes a disproportionate number of millionaires and billionaires attracted by its tax-haven status.


Jersey and Guernsey strive to support population growth

21 July 2017

The Channel Islands have the tricky task of growing while protecting green-belt land.

International Finance Centre, Jersey

Current IFC masterplan ‘highly unlikely’ to be delivered in full

21 July 2017

The one thing that all members of the Jersey property community have an opinion on is the development of the island’s International Finance Centre (IFC).

More regional news & features

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Professional & People

Blenheim Retirement Living, Chobham, Surrey

Planning authorities are failing to prioritise housing for older people in their local plans

20 July 2017

Developers have long complained that a major barrier to the delivery of more retirement living schemes to meet the needs of an ageing population is the planning system.

Plants in an office

Office wellbeing is no passing fad so take the long view

20 July 2017

For many people, discussion of workplace trends or the future of the office turns their minds to Google another tech giant and trendy, open-plan floors with bean bags, table tennis and fake grass.

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