All articles by Chris Druce – Page 8
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Online
PLP wins planning permission for Gateway 45 in Leeds
PLP has been granted planning permission by Leeds City Council to develop prime logistics units totalling 900,000 sq ft on its 43 acre site at Gateway 45, Leeds.
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Brunswick Real Estate Ventures launches Europi Property Group
Brunswick Real Estate Ventures has launched a pan-European investment company, Europi Property Group (EPG), and recruited Blackstone’s Jonathan Willén to lead it.
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Columbia Threadneedle understood to be in for Manchester Airport Group (MAG) portfolio
Columbia Threadneedle Investments is believed to be in pole position to acquire the Manchester Airport Group (MAG) portfolio for a sum in the region of £500m to £550m.
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InfraRed Capital Partners buys Triumph Business Park in Speke, Liverpool for £30m
InfraRed Capital Partners has purchased the Triumph Business Park in Speke, Liverpool for £30m as part of a £200m investment programme in the sector that it launched this summer.
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ICAMAP and Ivanhoé Cambridge complete easyHotel takeover
ICAMAP and property fund Ivanhoé Cambridge have finalised their takeover of easyHotel, securing 68.8% of the business.
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Burton Knowles forms specialist markets team for hospitality, care and education sectors
Bruton Knowles has created a specialist markets team to target the hospitality, care and education sectors.
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Queen’s Speech sets out raft of property related measures for new parliament
A raft of property-related bills and measures have been unveiled in today’s (14 October) Queen’s Speech but the outcome for many will be tied to what form of Brexit the UK undertakes, the British Property Federation (BPF) has warned.
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Clearbell sells Pacific House for £16m
Clearbell has sold Pacific House in Reading for close to £16m to CLS Holdings.
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L&G calls for reform of planning laws to protect UK’s live music scene
Legal General (L G) has called for planning reform to encourage more music venues in the UK, after a slew of iconic venues closed their doors in recent years.
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UK industrial and logistics shrugs off Brexit concerns to post strong third quarter
The UK’s industrial and logistics market saw a strong third quarter with big box take-up reaching over 6.6m sq ft, according to JLL.
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Europa Worldwide signs for 715,000 sq ft Corby warehouse
Freight forwarder Europa Worldwide has signed a pre-let agreement that will see it move into a purpose built 715,000 sq ft facility at Midlands Logistics Park in Corby.
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UK logistics remains ‘resilient’ in third quarter with take-up of industrial space up 15%
The UK logistics market remained resilient in the third quarter of 2019, with take-up of industrial space up 15% compared with the same period last year, according to research from Cushman Wakefield.
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Supermarket Income REIT checks out on £60.4m Sainsbury’s deal
Supermarket Income REIT has purchased a Sainsbury’s supermarket in Cheltenham, Gloucestershire, from Legal General for £60.4m, reflecting a net initial yield of 5.25%.
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DSV becomes second major occupier at IM Properties Appleby Magna development
Freight forwarder DSV will join Jaguar Land Rover at IM Properties 238-acre Appleby Magna development in North-west Leicestershire.
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RICS issues report on valuing flexible space
It offers insights but is not the prescriptive guide many say the sector needs
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Freya Cross appointed as chair of The Flexible Space Association
The Flexible Space Association (FlexSA) has appointed Freya Cross, head of business and corporate at The Deep, as its new chair.
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Catalyst Capital sells Birmingham office building to Topland for £16.8m
Catalyst Capital has sold a multi-let office building, 60 Church Street, in central Birmingham to Topland Group for £16.8m, reflecting a net initial yield of 6.75%.
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Sports Direct refutes reports that House of Fraser department stores are to close after Christmas
Sport Direct has refuted media claims that it is planning to walk away a number of House of Fraser (HoF) stores after the Christmas trading period.
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Planning permission submitted for Manchester's £1.4bn Mayfield redevelopment
The Mayfield Partnership has submitted a planning application for the first phase of its £1.4bn transformation of the Manchester area of the same name.
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South Central warehouse sold for £15m to Aviva Investors
Peveril Securities and Marchmont Investment Management have sold South Central, a warehouse in Orpington to Aviva Investors for £15m.