Westbrook snaps up IO2 industrial portfolio
US private equity firm pays £140m for 30 UK assets with rental growth potential
Aberdeen UK Property Fund sells £80m West End office
Fund offloads former Channel 4 HQ to Westbrook and puts Browns restaurant up for sale after redemptions
Thackeray embarks on £100m high street spending spree
Developer looks to take advantage of ‘indiscriminate’ fund sales for mixed-use conversion strategy
Savills to use LandInsight across UK
Savills has adopted proptech platform LandInsight within its development division across the whole of the UK.
Rocketing land values could put industrial development at risk
Industrial rental values are struggling to keep pace with rocketing land values, making development in some parts of the country increasingly unviable, according to Carter Jonas.
Bond Wolfe Auctions’ debut sale scores 90% success rate
Inaugural sale raises £16.7m making it one of the most successful in the Midlands in the past two years
Allsop’s Neville becomes partner
Allsop has promoted its head of City office agency James Neville to equity partner.
Savills markets ‘well-rounded’ catalogue ahead of spring auction
Savills has released a 137-lot catalogue for its second national auction of the year.
Next slashes rent bill and models further sharp falls in retail rents
Next has reported that it achieved rent reductions on renewal of 29% last year and has modelled its future financial performance on the basis of dramatic falls in market rents through to 2034.
Sports Direct calls for Debenhams vote on Ashley
Sports Direct has called for a vote on appointing Mike Ashley to the board of Debenhams via a general meeting.
Sports Direct calls for Debenhams vote on Ashley
Sports Direct has called for a vote on appointing Mike Ashley to the board of Debenhams via a general meeting.
Commercial property lenders scale back growth ambitions
Link Asset Services survey shows lenders are becoming more cautious and expect values to fall this year
Benson Elliot raises over €800m for latest European fund
Benson Elliot Capital Management has raised more than €800m (£693m) for its latest pan-European fund, Benson Elliot Real Estate Partners V (BEREP V).
High levels of office take-up help put Cardiff ‘on the map’
Positive outlook for city’s office market despite constrained supply
Arcadia CVA would be bitter pill for landlords to swallow
Use of CVA to axe poorly performing stores would be controversial move for still-profitable retail group
Winchester learns from its past
Two failed projects are being revived. Andrew Stone looks at whether they will succeed this time
Spec development takes off along M27 logistics corridor
Success of ports drives occupier interest.
Unibail-Rodamco-Westfield to make PRS debut at Stratford
URW becomes latest retail giant to plan residential scheme on surplus land around major shopping centre
Salisbury Maltings shopping centre revamp plans updated
Novichok poisoning gave ‘new focus’ to plans.
