All Property Week articles in 23 June 2017 – Page 2
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BBC to sell Caversham Park
Lambert Smith Hampton has been appointed to sell the 93-acre Caversham Park site near Reading on behalf of the BBC, as part of the corporation’s plans to modernise its property portfolio.
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Wales welcomes Oak Furniture Land at Cyfarthfa Retail Park
Hammerson has signed Oak Furniture Land a first store to open at Cyfarthfa Retail Park in Merthyr Tydfil.
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Hodes Weill appoints Jonathan Read as a principal
Hodes Weill & Associates has hired Jonathan Read as a principal in its London office with primary responsibility for institutional coverage in Europe.
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Waney family snaps up Fitzrovia site for new restaurant venture
The family behind London restaurants Roka, Oblix, Zuma and The Arts Club have acquired a site on London’s Great Titchfield Street to launch a new Greek restaurant called Meraki.
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Women Talk Real Estate launched to provide women speaking opportunities
Women Talk Real Estate, a non-profit organisation, has been launched to provide female real estate professionals with speaking opportunities to raise the profile of women in the industry.
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Octane hires Salousti from Masthaven
Specialist lender Octane Capital has appointed Gemma Salousti as senior credit manager in its risk team.
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McKay lets 9 Greyfriars to Spaces at substantial reversion
McKay Securities has let the whole of 9 Greyfriars Road, its speculative 39,620 sq ft office development in Reading, to creative workspace provider Spaces.
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LGIM backs £1bn rail infrastructure investment with debt deal
Legal General has made a £100m long term debt investment to finance a fleet of new Bombardier trains for the First MTR South Western Trains franchise.
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Bonnie Bonham Hotel deal for Driehaus-led US investor group
A group of US investors led by Richard Driehaus has acquired Edinburgh luxury boutique hotel The Bonham for an undisclosed sum, from a controlled affiliate of global private investment firm Starwood Capital in an off-market deal.
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Rockspring’s Pan European raises further €50m
Rockspring has raised a further €50m (£44.3m) for its PanEuropean PLP fund from an unnamed European institutional investor.
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Green light for Audley's first ‘satellite’ site in Leamington Spa
Luxury retirement village operator Audley has secured planning permission for a ‘satellite’ development next to its existing Binswood retirement village in Leamington Spa.
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New Shaftesbury Avenue spot for WeWork
WeWork has announced plans to refurbish Almancatar’s 125 Shaftesbury Avenue to create its 21 st flexible workspace location in the UK.
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OakNorth provides £20m funding line to Brasserie Bar
OakNorth has lent £20m to Brasserie Bar Co to enable the business to open 24 new sites over the next five years, creating 700 new jobs.
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Sweet new HQ for British Sugar
British Sugar has signed for a new 4.5 acre site in Hampton, Peterborough which will become the global headquarters for AB Sugar and AB Mauri.
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St James's Market to 75% let following TowerBrook deal
The Crown Estate and Oxford Properties has signed up investment firm TowerBrook Capital Partners to their St James’s Market scheme in London’s West End.
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Naissance moves into Millenium with Cardiff Stadium Plaza acquisition
Naissance Capital Real Estate has completed the £20.5m off-market purchase of the Stadium Plaza building in Cardiff.
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New director of strategy for St Modwen
St. Modwen has appointed Remco Simon to a newly created role of director of strategy and research, effective from September 2017.
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London college takes 25,300 sq ft of Southbank space
King’s College London has acquired 25,300 sq ft of offices at 5-11 Lavington Street on the Southbank.
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Government to launch 'major national investigation' into building cladding
Prime Minister Theresa May has pledged to launch a “major national investigation” after results showed cladding on 95 buildings has now failed tests being undertaken in the wake of the Grenfell Tower fire.
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Sagi sells £337m tech shares to fund property spree
Tech entrepreneur Teddy Sagi has sold £337m worth of shares in Playtech to fund his property ventures and be “in the vanguard of the co-working revolution”.