All articles by Jessica Newman – Page 11
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Insight
Auction life before and after Covid-19
Property Week assembled some of the UK’s leading auctioneers to talk about the challenges and opportunities created by the Covid pandemic – and how soon we will see the return of ballroom sales
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News
Theatre tenant unveiled for £1.3bn Olympia London scheme
Yoo Capital and Deutsche Finance International (DFI) have signed Trafalgar Entertainment for a new 1,575-seat theatre at the £1.3bn Olympia London development.
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Online
Treehouse Hotels to open second UK hotel
SH Hotels Resorts will open its Treehouse Hotel in Manchester, the brand’s second UK location, in 2023.
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Online
Strettons to offer mix of resi and commercial lots at May sale
Strettons has released a 47-lot catalogue for its May sale, offering a mix of residential and commercial lot.
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Online
Landlords lose legal challenge against Virgin Active
Landlords have been dealt a second major blow this week after Virgin Active won High Court approval for its controversial restructuring plan.
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Online
Avison Young promotes Maguire to valuation consultancy director
Avison Young has promoted Kerry Maguire to director in the firm’s valuation consultancy team.
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Online
US furniture giant snaps up stately home for £20m as part of UK expansion
Luxury American furniture retailer RH has acquired a 46,000 sq ft stately home in Banbury for one of its UK retail galleries.
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Online
Clive Emson raises more than £20m at May auction
Clive Emson raised more than £20.1m at its May auction, selling 80% of the 128-lot catalogue.
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Online
Skechers signs for first store in Paris
Harper Dennis Hobbs (HDH) has announced a new deal to expand Skechers’ European footprint with an additional store in France.
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Online
LaSalle to offload Halifax’s Woolshops shopping centre
LaSalle Investment Management is selling Woolshops Shopping Centre in Halifax with a price tag of £15.55m, reflecting a net initial yield of 11.0%
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Online
Henley exits $225m of US multifamily assets
Henley investments, a private equity real estate firm based in the UK and the US, has sold a total of five US multifamily assets in the first half of 2021 totalling $225m (£159.3m).
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Online
BMO Commercial Property Trust completes a trio of F&B lettings at St Christopher’s Place
BMO Commercial Property Trust has completed a trio of new lettings at its St Christopher’s Place central London estate.
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Online
JP Morgan snaps up €540m logistics portfolio from Mountpark
J.P Morgan Global Alternatives has acquired a €540m (£465m) logistics portfolio from Mountpark Logistics EU Sarl, in a deal that is thought to be one of Europe’s largest logistics transactions in the last 12 months.
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Online
Go-ahead for Fulwood Central retail park extension
Preston City Council has greenlit plans for the extension of Fulwood Central retail park in Lancashire which will see the creation of a mixed-use scheme of retail, commercial, co-working space and a food hall.
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Online
Citrus Durham launches Integra 61 Site to market
Citrus Durham has appointed Savills to market a residential site for up to 120 homes at its flagship £300m mixed-use Integra 61 development.
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Online
Magdalen College to sell 40% stake in Oxford Science Park
Magdalen College Oxford has appointed Cushman Wakefield to find a strategic partner for The Oxford Science Park (TOSP).
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Online
GCW appoints three new associate directors
GCW has promoted Archie Morriss, Holly Kiely and Rupert Rudkin to associate directors.
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Online
JD Sports snaps up Oi Polloi
JD Sports has snapped up Manchester-based clothing retailer Oi Polloi.
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Online
Sidra Capital snaps up Countryside HQ in Brentwood
Saudi-based investment management firm Sidra Capital has bought Countryside’s HQ in Brentwood for £19m.
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Online
AEW snaps up Windsor Yards shopping centre
AEW UK Investment Management (AEW) has bought Windsor Yards shopping centre in Windsor on behalf of its Urban Real Estate Strategy (UREF).