Two flexible workspace operators close centres in London
Two flexible office providers, Campfire and Prospect Business Centres, have been forced to close centres in the latest illustration of how difficult it is to compete in London’s crowded flexible office market.
Urban Logistics delivers NAV and rental growth
Urban Logistics saw its EPRA net asset value climb 12.4% to 145.20p per share in the six months to 30 September.
Everton Football Club to submit plans for new stadium and redevelopment of former home before year’s end
Everton Football Club will submit plans for its new stadium and the redevelopment of its former home before the end of the year, after a public consultation showed overwhelming support for the proposals.
Industry’s confidence in overseas investor appetite plummets
The real estate’s confidence in investor and developer finance from overseas has plummeted in the last six months in the face of global economic and political uncertainty.
Small investors stung by Inspired collapse
Inspired Asset Management owed about £12m to unsecured creditors, including small investors that bought the company’s bonds, when it collapsed in September, an administrators report has revealed.
Trio of senior staff depart from online auctioneer BidX1
UK residential auctions head Richard Watson leaves the business along with two senior colleagues
WeWork Q3 net losses double to more than $1.25bn
The We Company, owner of WeWork, has seen net losses in the third quarter more than double to $1.25bn (£972m) despite adding a record number of desks.
Great Portland Estates sees opportunity in an uncertain market
London commercial property company Great Portland Estates (GPE) is in ‘great shape’ and ready to capitalise on any opportunities that the current political or even economic turbulence may present.
Floods threaten billions of pounds worth of commercial property
Billions of pounds worth of commercial properties throughout England are at risk from increased flooding as a result of climate change, according to new research based on calculations using MSCI’s client base, which covers around half the UK commercial property market.
British Land secures Skyscanner letting and advances first BTR scheme
British Land revealed in half-year results today that it had secured a 45,000 sq ft letting deal with Skyscanner for its Storey brand and was progressing plans for its first build-to-rent scheme in Aldgate.
Urban Logistics delivers NAV and rental growth
Urban Logistics saw its EPRA net asset value climb 12.4% to 145.20p per share in the six months to 30 September.
Small investors stung by Inspired collapse
Inspired Asset Management owed about £12m to unsecured creditors, including small investors that bought the company’s bonds, when it collapsed in September, an administrators report has revealed.
Industry’s confidence in overseas investor appetite plummets
The real estate’s confidence in investor and developer finance from overseas has plummeted in the last six months in the face of global economic and political uncertainty.
Retirement Living 2019: key takeaways for maturing sector
New business models, residents’ needs and future challenges for the sector were among event’s key topics
Industry hopes election will end uncertainty over Brexit
Hung parliament seen as worst result for business planning and investment – but also most likely outcome
Shared victory for social housing
For property people, it doesn’t get much better than winning the Stirling Prize. It’s the new-building equivalent of the Booker Prize for literature or the Turner Prize for art. Past winners have included the glitzy and glamorous – perhaps none more so than last year’s £1.3bn Foster-designed Bloomberg HQ.
Co-living market looks set for transformational growth
Report suggests rising investor interest is likely to drive step change in co-living development in coming years
Key deal helps Ebbsfleet set sail
Purchase of site will pave way for commercial heart of 9m sq ft garden city.
Affordable homes shortage threatens Guildford’s growth
Residents risk being priced out.
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