All articles by Chris Druce – Page 7
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Taco Bell to open in Reading's Broad Street Mall
Moorgarth Group, the asset managers of Reading’s Broad Street Mall, has signed up Taco Bell in a unit previously home to sports retailer Foot Locker.
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Mizen nabs London development site and recruits new managers
Mizen Group has acquired a north-west London development site and made two senior appointments to its management team.
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Quintain’s new CEO outlines goals for Wembley and beyond
James Saunders says Wembley regeneration is still focus but new Irish arm is exploring opportunities
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Simons Group placed into administration
Construction and development business Simons Group has been placed into administration after suffering ”unsustainable cashflow difficulties”.
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Lidl to open store at Thanet Way, Herne Bay
Lidl is to open at Thanet Way in Herne Bay after purchasing consented land from Simon Developments.
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F45, Global Banking School and YourParkingSpace join the Republic
Real estate investment and development business Trilogy Real Estate and LaSalle Investment Management have secured three new lettings at Republic, the 600,000 sq ft office campus in east London.
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Manchester office take-up enjoys strong third quarter
Office space take-up in Manchester is expected to be above average for 2019 although it won’t match last year’s record year, according to new research.
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Quintain launches Irish subsidiary to develop £3.5bn of Lone Star assets
Quintain has established a subsidiary in Ireland to develop more than 9,000 new homes and 600,000 sq ft of commercial space.
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Barwood Capital splashes £38m on eight estates for regional fund
Barwood Capital has bought eight multi-let industrial estates in deals totalling more than £38m.
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Industry reacts with dismay to latest Brexit hold-up
The industry has reacted with dismay to the prospect of another delay to Brexit.
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Investcorp closes industrial fund with £16m Leeds deal
Investcorp has completed its third UK Industrial and Logistics Programme (UKILP) with its acquisition of a £16m fulfilment centre in Leeds.
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Investors led by Mactaggart & Mickel make £10m Edinburgh office purchase
Investors led by family firm Mactaggart Mickel have purchased two adjacent office buildings in Edinburgh’s New Town for a combined total of £10m.
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LaSalle Investment Management sells Northolt Retail Park to Aitch Group for £11m
LaSalle Investment Management has sold Northolt Retail Park in Harrow to Aitch Group for £11m.
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Quintain names James Saunders as Angus Dodd’s successor
Quintain, the developer behind Wembley Park, has appointed James Saunders as its chief executive replacing Angus Dodd.
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REDD snaps up 7 Charles Street and secures planning permission for £10m duplex
Monaco-based residential developer REDD has acquired 7 Charles Street in Mayfair and obtained planning permission to create a new £10m duplex residence as it continues to execute its luxury residential plan.
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Canopius pre-lets two floors at 22 Bishopsgate
AXA Investment Managers - Real Assets has added another tenant at 22 Bishopsgate having agreed a pre-let on two floors with insurance group Canopius.
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Industrial real estate funds on course to raise $6.4bn (£5bn) this year
Global industrial real estate funds are expected to raise in 2019, which would be a leap of 120% compared with $2.9bn in 2018, according to Cambridge Associates.
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Stenprop buys two industrial sites for £7.1m
Stenprop has acquired two industrial estates in Glasgow and Wolverhampton in separate transactions for £7.1m.
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CEG gains approval for £79m Manchester scheme
CEG has been granted planning permission for its £79m mixed-use regeneration of 20 – 36 High Street in Manchester.
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RICS report is ‘step on journey’ to improving flex valuation
Report says lack of data on flexible office operations means valuation of assets is still a ‘significant challenge’