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Latest Property News

Property deals, updates and breaking news from commercial and residential property.

Bank of Montreal

Bank of Montreal launches search for larger London HQ

20 October 2017 0:00 am

The Bank of Montreal is on the hunt for a new and larger London headquarters - making it the latest bank to defy expectations of a Brexit-related cool-off in occupier demand in the capital.

tesco avonmouth

South Korean investors pounce on Tesco DC

20 October 2017 8:58 am

A consortium of South Korean institutional investors alongside Roebuck Asset Management have acquired a Tesco distribution centre in Avonmouth for £71.4m.

WHR

Avison Young snaps up Manchester's WHR

20 October 2017 8:32 am

Avison Young has agreed to acquire Manchester-based WHR Property Consultants in a deal that almost doubles the size of its UK business, Property Week can reveal.

Kennedy Wilson Europe Mary Ricks

Kennedy Wilson and Kennedy Wilson Europe complete $8bn merger

20 October 2017 12:12 pm

Kennedy Wilson Holdings (KW) has completed its merger with Kennedy Wilson Europe Real Estate (KWE), creating a new global real estate investment and asset management platform with an $8bn (£6bn) enterprise value.

Office buildings

UK commercial property value fell 4.6% last year

20 October 2017 11:23 am

The total value of all UK commercial property fell 4.6% from £926bn in 2015 to £883bn in 2016, according to a new report from the Property Industry Alliance (PIA).

Holiday Inn

CL Capital acquires Holiday Inn Birmingham Walsall

20 October 2017 11:19 am

Asian-based investment fund CL Capital has acquired the Holiday Inn Birmingham Walsall from Canada Life.

The Avenue, Tottenham Court Rd

The Avenue office space fully let six months after completion

20 October 2017 11:06 am

The office space at The Avenue in London’s West End is now fully let six months after completion.

The Harley Building, IWG

IWG takes West End office for co-working flagship

20 October 2017 9:59 am

Flexible workspace provider IWG has signed a lease to occupy all six floors for the The Harley Building, Marylebone which will be the flagship location for its Spaces co-working brand.

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Bank of Montreal

Bank of Montreal launches search for larger London HQ

20 October 2017

The Bank of Montreal is on the hunt for a new and larger London headquarters - making it the latest bank to defy expectations of a Brexit-related cool-off in occupier demand in the capital.

Great Central, Leicester

Better late than never, development is coming to Leicester

20 October 2017

In the East Midlands, Leicester has historically lost out to its larger northerly neighbours Nottingham and Derby in the development stakes.


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