Hanley, stoke on trent

Singaporean fund buys DWP-let office portfolio for £280m

2018-11-16T17:53:00+00:00By

Singaporean investor Elite Partners Capital has completed a £280m deal to buy Telereal Trillium’s Hayhill Portfolio, which comprises 98 regional offices let to the Department for Work and Pensions (DWP), Property Week can reveal.

Spaces BusinessClub

IWG's Spaces to double in size next year

2018-11-16T00:00:00+00:00By

IWG-owned co-working provider Spaces has set out ambitious plans to double its portfolio in 2019 to more than 400 offices globally.

Reuben 54 and 55-57 Great Marlborough Street

Reuben brothers and Shiva to develop new hotel in Soho

2018-11-16T12:50:00+00:00By

David and Simon Reuben have entered into a joint venture with Shiva Hotels to develop a new hotel across two separate sites they have recently acquired in Soho.

Palmer Capital Colworth Park Bedfordshire

Unilever's Bedford base hits market for £66m

2018-11-16T12:34:00+00:00By

Palmer Capital and Wrenbridge have put Colworth Park, home to one of Unilever’s global research and development campuses, on the market for £66m.

richardevans

JLL’s Evans to head up Cushman’s industrial team

2018-11-16T10:29:00+00:00By

Cushman & Wakefield has appointed Richard Evans from JLL to head up its UK logistics and industrial team.

One City Square Leeds

Aviva puts £30m One City Square building on market

2018-11-16T00:00:00+00:00By

Aviva Investors has put Leeds city centre office building One City Square on the market for £30m.

NorthStar Trianon

South Korean consortium secures Frankfurt skyscraper for €670m

2018-11-16T17:39:00+00:00By

A South Korean consortium comprised of IGIS and Hana Financial Investment has acquired the 45-storey Trianon skyscraper in Frankfurt from NorthStar Realty Europe for €670m (£595m).

Craig Wallace

Montagu Evans appoints ex JLL director

2018-11-16T14:35:00+00:00By

Montagu Evans has appointed Craig Wallace, a former director at JLL, as a partner in its planning and development consultancy team in Scotland.

Dragons Den

L&G receives planning to convert 'Dragon's Den' into offices

2018-11-16T10:18:00+00:00By

The joint venture between Legal & General Capital and Dutch pension fund PGGM has received the go-ahead from Southwark Council to convert 47 Tanner Street, a former warehouse which hosted BBC show Dragons’ Den, into a new office scheme.

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Metro Bank

Metro Bank draws up checklists to reduce property lending risk

2018-11-16T00:00:00+00:00By

Metro Bank is introducing sector-specific checklists for its commercial real estate lending team to make its approach to lending more consistent and reduce risk

Kier

Kier 'on track' after property team shake-up

2018-11-16T09:11:00+00:00By

FTSE-250 listed infrastructure and housebuilding group Kier has said it is “confident” that the company will meet its full-year expectations in a trading update for the period since 20 September.

Gerald Eve

Gerald Eve posts rises in profit and revenue

2018-11-15T09:32:00+00:00By

Gerald Eve has posted a 16% rise in profit off the back of a 4% rise in revenue in its latest figures filed at Companies House.

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Cover_industrial_161118_wide

Industrial & Logistics Supplement November 2018

2018-11-15T23:59:00+00:00

Studio space in demand – Scannell Properties interview – Brexit deal impacts – Pan-European supply pressure

Sheds Dagenham

Spotlight on studios

2018-11-16T00:01:00+00:00By

A severe studio shortage is a major threat to the UK’s booming film and TV industry. Simon Creasey asks whether enough new space can be delivered

Warehouse

Would no deal be such a bad deal?

2018-11-13T13:42:00+00:00By Nick Hughes

The prospect of a no-deal or hard Brexit has prompted companies to start stockpiling goods. Will it lead to increased demand for space?

European logistics takeup1

Logistics supply comes under pressure across Europe

2018-11-16T00:03:00+00:00By

Savills believes continental European markets are approaching a similar ‘inflection point’ to the UK.

Amaury Gariel Scannel

Scannell scales up: Amaury Gariel interview

2018-11-15T12:01:00+00:00By

US developer Scannell Properties plans to expand into Europe by building industrial units mainly aimed at the food distribution sector, which it believes is ripe for growth.

More logistics news and views

Give us your views...

  • Why flexible is becoming everyone’s friend

  • Industrial and logistics: investors and occupiers continue to pile in

  • Get ready for the commercial property data revolution

  • Borrowers have never had it so good, but will it last?

  • Social value is a need to have, not nice to have

  • Fear of being seen as party of the rich warps Tory policy on home ownership

  • Mapic 2018: CVAs, bricks to clicks and Brexit

  • Budget measures fall well short of the real reforms businesses need

Cover_161118_wide

Property Week Digital Edition – 16 November 2018

Retail apocalypse – Enrico Sanna interview – ATM business rates ruling – West Midlands in focus

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