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East Midlands
Welcome to the East Midlands property coverage at PropertyWeek.com, giving you all the latest news and views from the region including Leicester, Nottingham, Derby, Lincoln and Chesterfield.East Midlands
Prologis completes Project Teal sale to Blackstone
Prologis has sold a 3.5m sq ft shed portfolio to Blackstone for around £211.4m.
OFT launches investigation in to CSC’s Westfield buy
The Office of Fair Trading has launched a merger investigation into Capital Shopping Centres’ £73.3m purchase of the Broadmarsh shopping centre in Nottingham.
Muse and Wilson Bowden shortlisted for Chesterfield regeneration
Muse Developments and Wilson Bowden have been shortlisted for a regeneration scheme in the centre of Chesterfield, Derbyshire, TheBusinessDesk.com reported today.
Law Society commits to Birmingham move
The Law Society has signed a deal to take 57,000 sq ft of office space at The Cube, in Birmingham.
Call centre company in massive Derby letting
Herotsc, one of the UK’s largest call centre companies, has confirmed it will be taking over part of Egg’s former headquarter building in Derby. The deal represents one of the biggest regional office lettings this year.
F&C UK Property Fund hits target with three regional purchases
F&C REIT Asset Management has bought three properties for its F&C UK Property Fund, bringing the fund to its £50m investment target.
Clegg names eight "core cities" to get greater freedom from Whitehall
Nick Clegg today named eight regional cities as “core cities” and pledged the cities would be given more power to shape their economic destinies.
Travelodge exchanges on four sites
Travelodge has exchanged contracts to open four hotels, each one alongside a chain pub.
London & Stamford to sell 4m sq ft sheds for £300m
London & Stamford has put up for sale 18 industrial properties known as the “Golden Triangle” portfolio.
Legal & General wins consent for 920,000 sq ft Corby scheme
Legal & General Property has been given planning permission for a 920,000 sq ft distribution facility in Corby, Northamptonshire.
CSC submits Nottingham planning application
Capital Shopping Centres has submitted a detailed planning application for an extension of the Victoria Centre in Nottingham to Nottingham City Council.
LaSalle takes Front Row seat for Leeds arena development
LaSalle Investment Management has submitted plans for a leisure and hospitality development next to Leeds’ £80m city centre arena.
Legal & General Property secures Scotland and East Mids lettings
Legal & General Property has secured two lettings at retail parks in Scotland and the East Midlands.
Helical Bar poised to buy Land Securities' Corby scheme
Helical Bar is poised to enter into exclusive talks to buy Land Securities’ Corby town centre scheme for just over £70m.
Chesterton Humberts buys Nottingham-based Robert Clarke
Chesterton Humberts has acquired Nottingham-based chartered surveying firm Robert Clarke as part of the ongoing expansion of its commercial team.
East midlands data
DTZ Property Times: Nottingham - Q4 2009
"Given a recent slowdown in viewings, flat and subdued levels of take-up are forecast into at least the first half of 2010. Without a large exceptional deal such as Loxley House, take-up is set to fallback significantly in 2010."
east midlands analysis
Harbingers of Gloom: ULI/PWC Emerging Trends report
The Urban Land Institute and PWC’s Emerging Trends report, published today, foretells of a depressing year ahead. Co-author Lucy Scott reports
Voyages of discovery
Six surveyors travelled the world this summer through a global internship scheme. Christine Eade hears their experiences in the latest in our series of monthly 1st Friday articles for young people in property
John the bull
New DTZ CEO John Forrester is unfazed by last week’s walk-out of his predecessor, Paul Idzik, and positive about the future of the firm
Property’s silent victims
Syndicates set up to help private individuals buy property during the boom are collapsing and investors now face a double hit of losses
east midlands professional
Reading Lights
On the day in January when unemployment among 16-to-24-year-olds reached a 19-year high of 1.02 million, Property Week visited Reading University to meet the next set of job seekers who will have to battle such statistics.
Important assets transferring to The Homes and communities agency
On 19 September, the Homes and Communities Agency is going to take over running land and property assets owned by the eight disbanding regional development agencies
Vehicles for change
Local asset-backed vehicles have been heralded as a panacea for funding council projects, but there are complications
Need to know: Women in Property winners
Women in Property, now in its fifth year, has announced the 10 regional winners of the National Student Award – two in the south-east
