All Breaking articles
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News
WeWork set to expand into African market
WeWork is set to open its first office in Africa, giving the coworking giant a presence on six continents.
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Online
BT postpones £210m HQ sale
BT has put plans to sell its historic central London headquarters on hold, Property Week can reveal.
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Online
Greycoat and Cheyne Capital bring 8 Salisbury Square to market
Greycoat and Cheyne Capital have appointed Cushman and Wakefield and Eastdil to sell London office building 8 Salisbury Square, Property Week can reveal.
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Online
Helical scores letting to FA and Chelsea's law firm at Barts Square
Specialist sports law firm Northridge has signed a five-year lease at Helical’s Barts Square estate on the outskirts of the City in London.
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Online
Emoov relaunched by Mashroom to take online agent out of administration
Mashroom has bought the failed online estate agent out of administration in a deal believed to be worth around £300,000.
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Online
Spelthorne poised to buy £160m One Embassy Gardens
Spelthorne Borough Council is in advanced negotiations to buy One Embassy Gardens in Nine Elms from Ballymore as it continues its spending spree on commercial property, Property Week can reveal.
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Online
Southwark Council buys Columbia Threadneedle’s Courage Yard
Southwark Council has bought London Southbank development Courage Yard from Columbia Threadneedle.
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News
Canada’s Fiera Capital acquires 80% interest in Palmer Capital
Canadian asset management firm Fiera Capital Corporation has acquired an 80% controlling interest in investment manager Palmer Capital Partners.
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Online
Dukelease to buy City’s Ibex House for more than £120m
Dukelease is under offer to buy City of London office building Ibex House from Israeli pension fund Harel Insurance & Financial.
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Online
British Land to buy City building near Broadgate estate for £37.5m
British Land is poised to buy a mixed-use building close to its Broadgate campus for around £37.5m, as it continues to grow its development pipeline.
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Online
Emoov founder: “All 140 staff will be laid off today”
Administrators for the failed online estate agency group Emoov are expected to make all the firm’s 140 staff redundant by close of business today, the group’s founder Russell Quirk has revealed to Property Week.
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Online
Whittaker consortium withdraws intu bid
A John Whittaker and Brookfield-led consortium is withdrawing its bid for intu citing macroeconomic conditions and ‘potential near-term volatility across markets’.
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Online
THB Group to take 35,000 sq ft at Twentytwo Bishopsgate
Insurance broker THB Group is set to be the next occupier to sign up at Twentytwo Bishopsgate having entered exclusive negotiations to rent 35,000 sq ft of space in the AXA IM-managed tower over one and a half floors.
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Online
Singaporean fund buys DWP-let office portfolio for £280m
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.
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Completed office space in London hits 14-year high
Completed London office space hit its highest level since 2004 between April and September this year in a period which also saw new construction starts rise by almost a quarter on the previous six months.
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News
The world’s most expensive retail street is no longer in USA
Hong Kong’s Causeway Bay has been named the most expensive retail street in world, knocking New York’s Upper Fifth Avenue off the top spot for the first time in five years.
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News
TK Maxx to open first ever store on Oxford Street
Discount retailer signs for former New Look store to make Oxford Street debut.
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Online
100 Cheapside to be sold for £136m
Aberdeen Standard Investments has put the City of London office building 100 Cheapside on the market for £136m, reflecting a yield of 4.25%.
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News
McCann makes move to 135 Bishopsgate
McCann Worldgroup UK has signed a 15-year lease for a new 148,000 sq ft office at 135 Bishopsgate, where it will consolidate 11 of its London-based agencies.
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Online
Intu plots huge push into PRS market to increase land values
Intu, the shopping centre giant in the midst of its second takeover bid in less than a year, is set to enter the private rented sector (PRS) market in an attempt to create additional value from land around some of its malls.