Landlords challenge House of Fraser CVA
A group of landlords advised by JLL and Begbies Traynor have filed an official petition challenging House of Fraser’s company voluntary arrangement (CVA) in the Scottish Courts.
BT appoints Cushman & Wakefield on sale of HQ
BT has appointed Cushman & Wakefield to advise on potential sale options for its central London headquarters.
Korea's KB Securities under offer for Credit Suisse’s Canary Wharf HQ
The Qatar Investment Authority and Brookfield have agreed the £460m sale of Credit Suisse’s HQ at One Cabot Square to South Korea’s KB Securities.
Marks & Spencer halves its leasing team to three agents
Retailer cuts team to improve efficiency and speed up decision-making as it continues store closure programme.
GVA appointed to market CAU portfolio
GVA has been appointed to market the troubled CAU restaurant portfolio on behalf of joint administrators.
Instant agrees debut co-lease deal at Dorrington’s Fairfax House
Flexible workspace specialist Instant Group has agreed what it claims is the first-ever co-lease deal in central London by securing SPHERE Technology Solutions for Dorrington’s Fairfax House in Holborn, Property Week can reveal.
Mountpark delivers new parcel hub for Royal Mail
Mountpark Logistics has let a 346,153 sq ft site at its Warrington Omega distribution park to Royal Mail for use as a new parcel hub.
Out-of-town retail hit by store closures
Retail warehouse vacancy rates rose from 5.1% at end of Q1 to 6.3% at end of Q2.
Trinova takes Merck House in Poole
Trinova Real Estate has completed on the £12m acquisition of Merck House in Poole from Titan Property Developments.
CDPQ backs Avison Young growth with $250m investment
Caisse de dépôt et placement du Québec (CDPQ) has made a $250m investment to accelerate Avison Young’s growth plans.
Blackstone gears up for 'another fundraising supercycle'
Blackstone chairman and chief executive Stephen Schwarzman has said the business is gearing up for “another fundraising supercycle”.
Big Yellow sees off shareholder rebellion over pay
Big Yellow Group has comfortably seen off a shareholder rebellion over the self-storage giant’s executive pay.
Longer tenancies: more security for renters or a vote grabbing political move?
An estimated 46% of 25-34 year olds live in private rented accommodation. This has risen from 27% in 2006-2007 and, as such, the build-to-rent sector has seen massive growth.
Will more Japanese investors follow Nomura into Europe?
Japanese investors starting to look more closely at UK and Europe as they expand outbound investment teams.
North West Markets: ambitious plans along the Mersey and beyond
Developer is pushing forward with the £4.5bn redevelopment project amid local criticism over lack of affordable housing.
Morgan Sindall hails new JV as biggest opportunity yet
JV with Herts Living hopes to sign deals with other public bodies to increase scope of its £2bn tie-up.
Birchgrove steps up retirement BTR plans
Managing director Honor Barratt outlines plans to acquire six to eight new sites by 2023.
May clings on despite a battering from Trump and the Brexiteers
What with Trump’s visit and Theresa’s travails – not to mention ’It’s not Coming Home’ in precisely the way we all allowed ourselves to dream – it’s been a rare week or so to be alive in our United Kingdom.
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