All articles by Chris Druce – Page 2
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NewsHenley snaps up 100,000 sq ft Tesco store in Hayes for £52m
Henley Investments has acquired a Tesco superstore in Hayes, west London, from funds managed by LaSalle Investment Management in a £52m deal.
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OnlineColliers International adds to Investment Property Management team
Colliers International’s Investment Property Management (IPM) has welcomed two new starters to strengthen its service to clients.
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OnlineIceland signs new 20-year lease at its regional distribution hub in Livingston
Frozen food retailer Iceland has signed a new 20-year lease for its regional distribution centre at Houston Industrial Estate in Livingston.
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OnlineSeven Capital names Damien Siviter as group managing director
SevenCapital has appointed Damien Siviter in the newly created role of group managing director.
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OnlineWestminster Council blocks Paddington Central tower scheme
British Land has expressed disappointment over the decision by Westminster Council to refuse planning permission for its 5 Kingdom Street scheme at Paddington Central.
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OnlineTritax Symmetry Park Wigan scheme recommended for approval
Symmetry Park Wigan, has been recommended for approval at Wigan Council’s planning committee on 14 January.
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OnlineChancerygate sells and pre-lets half of Knutsford industrial park
More than half of the units available at the first phase of Chancerygate’s £33m industrial park in Knutsford have been pre-let or sold.
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Online£150m Springfield University Hospital scheme wins government approval
South West London and St George’s Mental Health NHS Trust has secured government approval to start work on a new £150m scheme to deliver two new facilities for south-west Londoners.
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Online€200m ‘City Campus’ sale completes
Arax Properties and Partners Group has completed on the sale of a €200m (£170m) office property in Berlin.
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OnlinePrologis swoops for Ravenside Retail Park in £51m deal with M&G
Prologis has purchased the Ravenside Retail Park in Edmonton from M G’s frozen property fund in a £51.4m deal, which will ultimately see the asset converted to an urban logistics hub.
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OnlineMore than half of retailers entering CVAs fall into administration
More than 50% retailers that have entered into company voluntary arrangements (CVA) since 2016 have collapsed into administration, according to an analysis by Colliers International.
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OnlineHMV to close up to 13 stores in the coming weeks unless it secures rent reductions
HMV, which was brought out of administration less than a year ago , has warned that it will be forced to close up to thirteen stores unless it can secure new deals with its landlords.
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OnlineL’Oréal to relocate headquarters to White City Place in 2023
L’Oréal UK and Ireland will move its headquarters to White City Place from autumn 2023.
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OnlineJLL bolsters Scotland investment team with Cushman & Wakefield’s Cowe
Calum Cowe is joining JLL’s capital markets team in Scotland as a director after more than eight years with Cushman Wakefield.
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OnlineUrban Logistics in advanced talks to secure £146m of logistics assets
Urban Logistics is close to acquiring multiple portfolios of assets valued at £146m, it said in an update today.
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OnlineCountrywide’s sale of Lambert Smith Hampton wins shareholder approval
Countrywide’s sale of Lambert Smith Hampton (LSH) to private investor John Bengt Moeller for £38m has been voted through by shareholders at a general meeting held today.
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OnlineMadison International Realty sells Five Acre Square for £170m
Madison International Realty has sold the £170m Five Acre Square in the City of London to Northwood Investors.
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NewsProfit down at Montagu Evans after partnership invests for the future
Montagu Evans saw operating profit dip in the year ended 31 March 2019 despite turnover growth.
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NewsReuben brothers strike deal to buy El Hotel Pacha as part of new business venture
The Reuben brothers are going into business with the owners of Pacha, the Ibizan club that became one of the world’s hottest nightspots during the 1990s.
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NewsDTZ Investors pays €160m for Tesco warehouse in Dublin
DTZ Investors has purchased a €160m (£136m) Tesco distribution facility in Ireland on behalf of a South Korean investor.
