Wework

WeWork valued at just £6.1bn as Softbank moves to take control

2019-10-21T20:56:00+01:00By

SoftBank is in advanced talks to take a majority stake in troubled flexible office group WeWork, in a deal that values the group at just $8bn (£6.1bn).

Twentytwo Bishopsgate and City skyline sunset

Apple signs for 22 Bishopsgate office

2019-10-22T12:18:00+01:00By

Apple has agreed to lease around 100,000 sq ft of City of London skyscraper 22 Bishopsgate as it waits for its new UK headquarters at Battersea Power Station to be completed.

Rome Colliseum

Corinthia Hotels to operate Reuben Brothers new property in Rome

2019-10-22T10:40:00+01:00By

The Reuben Brothers have acquired an 80,729 sq ft property in Italy, which is set to be developed and operated by Corinthia Hotels.

The Light cinema, the Moor, Sheffield

Aberdeen Standard puts largest asset in retail fund on the block

2019-10-22T10:03:00+01:00By

Aberdeen Standard Investments has put the largest asset in its Aberdeen UK Property Fund on the market for £89m as it looks to reduce its retail exposure.

Tim-Campbell-Octopus Real Estate

Octopus Real Estate makes new hire

2019-10-22T09:13:00+01:00By

Octopus Real Estate has appointed Tim Campbell as transactions director.

Generic office

SREF sign string of new lettings

2019-10-22T08:42:00+01:00By

Schroder UK Real Estate Fund (SREF) has secured five new lettings for its London portfolio at Battersea Studios and Kensington Village.

PBSA

Private student accommodation to exceed university provision

2019-10-22T07:00:00+01:00By

The volume of private purpose built student accommodation (PBSA) is set to outstrip that of university-provided accommodation for the first time by the end of next year.

Proptech

Proptech firm Essensys sees 26% revenue bump in first year results

2019-10-22T11:52:00+01:00By

Following its IPO in May flexible office proptech firm essensys has posted its first-year results showing a 26% bump in revenue and a 175% bump in profit.

Proptech

Shopping proptechs PlaceWise Digital and Boostcom merge

2019-10-22T06:00:00+01:00By

Shopping centre specialist proptech firms PlaceWise Digital and Boostcom are merging.

Empty office

Minster Building bags three new tenants

2019-10-22T12:28:00+01:00By

Ivanhoé Cambridge has signed a trio of lettings totalling 58,000 sq ft at the Minster Building in London.

All the latest property news

Wework

WeWork valued at just £6.1bn as Softbank moves to take control

2019-10-21T20:56:00+01:00By

SoftBank is in advanced talks to take a majority stake in troubled flexible office group WeWork, in a deal that values the group at just $8bn (£6.1bn).

Earls Court Seagrave Block

Candy eyes bid for Capco

2019-10-21T07:47:00+01:00By

Residential property tycoon Nick Candy has confirmed he has joined forces with Saudi Aradia’s Public Investment Fund to launch a bid for Earls Court and Covent Garden owner Capital & Counties (Capco).

Investment

Wise Living secures £33m BTR boost

2019-10-21T15:41:00+01:00By

The SDL Group’s build-to-rent (BTR) arm Wise Living has secured a further £33m of funding from investors ICG-Longbow.

More finance news

More analysis, resi & data

Elephant and castle

Elephant and Castle’s 20 year journey

2019-10-18T00:00:00+01:00By

A judicial review of the shopping centre plans is just the latest hurdle in Elephant and Castle’s 20-year journey. Adam Branson charts the highs and lows as the wider scheme finally takes shape

More insight

  • On the cusp of social revolution?

  • Homes England is transforming

  • Sustainability is retail’s salvation

  • WeWork: This is not a paradigm shift

  • Time to act on climate change

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Property Week Digital Edition – 18 October 2019

Interview with Ganco founder – Elephant and Castle 20 years on – Thames Valley markets – Women in Property awards

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