All East of England articles – Page 11
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Online
Rio Ferdinand to build 1,000 homes in Bedfordshire
Former England captain Rio Ferdinand has revealed plans for a 1,000-home urban extension in Central Bedfordshire.
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Online
Gravity trampoline park rolls out in Norwich
Land Securities has landed a site in Norwich for its trampoline park concept Gravity.
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Online
Bedford site bought by IDI Gazeley for spec shed
IDI Gazeley has bought an industrial development site in Bedford with plans to speculatively develop a 240,000 sq ft warehouse.
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Online
Aldi takes pre-let at Hall Road Retail Park
Schroder UK Real Estate Fund has secured planning permission for an 18,320 sq ft retail warehouse unit for Aldi at the Hall Road Retail Park in Norwich.
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News
Fund set to sell 50% stake in the Arc Shopping Centre
The West Midlands Pension Fund is to offer a 50% stake in the 270,000 sq ft Arc Shopping Centre in Bury St Edmunds, which is expected to fetch around £40m.
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Online
Singaporean investor nets first UK hotel for £61m
CDL Hospitality Trusts has acquired the Cambridge City Hotel from London Regional for £61.5m, marking the Singapore-listed hotel landlord’s first investment in Europe.
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Online
RBS to sell East Anglia hotel portfolio
RBS has appointed Colliers International appointed to dispose of its £14m Dragonfly Hotel portfolio, which comprises 317 rooms across five properties in East Anglia.
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Markets
Dumbbell shopping centre Intu Lakeside flexes its muscles
For the last quarter of a century, Intu Lakeside has been held up as the best example of a dumbbell shopping centre: that is, House of Fraser at one end and Debenhams at the other, separated by two levels of smaller shops.
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Markets
Premium rents for Cambridge office space that makes the grade
Before the year ends, office tenants will have to pay £35/sq ft to take space in the centre of Cambridge, so acute is the shortage of top-quality accommodation.
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Markets
US biotechnology company doses up on space in Cambridge
In August, Northwest Biotherapeutics, based in Bethesda, Maryland, bought 500 acres of farmland and adjoining warehouses of 275,000 and 48,000 sq ft at Sawston, five miles south of Cambridge.
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Markets
Prime office space in Cambridge is apple of technology giant’s eye
The magnetic pull of Cambridge on the worldwide technology industry is best illustrated by global giant Apple, which is now fitting out its new facility at 90 Hills Road.
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Professional
Savills adds Stanton to boost Cambridge commercial base
Savills has bolstered its business space agency team following the appointment of Douglas Stanton as an associate at its Cambridge office.
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Online
Tritax buys Brake Bros warehouse for £37.2m
Tritax Big Box REIT has bought a 268,000 sq ft warehouse at Flex Meadow in Harlow from LondonMetric for £37.2m, reflecting a yield of 5%. The building is used as a regional distribution centre by Brake Bros with an unexpired lease term of 24.5 years, subject to five yearly upward ...
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Markets
Hutchison Ports and ABP embark on investment push
Many ports have suffered from a lack of land for distribution uses, constrained as they are by sea on one side and the towns and cities that have grown around them on the other.
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Online
Rockspring buys £47.5m Ipswich retail park
Rockspring Property Investment Managers has acquired Euro Retail Park in Ipswich from Helix Property Advisors for £47.5m at a yield of 7%.
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Insight
Why Cambridge is pulling ahead of Oxford
Oxford and Cambridge may be neck and neck on the academic front, but when it comes to economic growth, Cambridge is pulling ahead.
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Online
AXA Real Estate buys Chelmsford care home for £17.6m
AXA Real Estate has bought the freehold of the 112-room Manor Lodge care home in Chelmsford from Aprirose REI for £17.6m.
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Online
Cycle shop rides into first regional store
Cycle Republic has opened its first store outside of London at the Castle Mall Shopping Centre in Norwich.
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News
Staples to trim down UK store portfolio
US office supplies giant Staples is embarking on a UK-wide store downsizing programme in a move that will flood the retail park market with up to 278,400 sq ft of space.
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News
Persimmon to build new HQ for Anglia business
Housebuilder Persimmon is to construct a new head office for its east of England business in Broadland Business Park in Norwich.