All articles by Jessica Newman – Page 8
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Knight Frank mandated to sell two Reading hotels
Knight Frank has been instructed as sole selling agent for two hotels in Reading town centre: the Mercure George Hotel Reading and the Ibis Styles Reading Centre.
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Luxury fashion brand JOSEPH opens London store at O2's Icon Outlet
British fashion brand JOSEPH opened a 1,427 sq ft boutique on the upper level of Icon Outlet at The O2 on Friday.
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Prezzo to open first restaurant since 2018 at Islington Square
Cain International has agreed to lease an 8,432 sq ft unit at its Islington Square development in north London to Prezzo.
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Value-add opportunities help Savills raise £36.8m at June sale
Savills raised £36.8m at its June auction, selling 105 lots from a 159-lot catalogue to achieve a 67% success rate.
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Allsop and Acuitus line up multi-million-pound June lots
A wave of high-priced mixed-use properties is set to hit the auction market this month, with auction houses Allsop and Acuitus offering multi-million-pound lots.
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M&G buys Madrid logistics site
M G Real Estate has acquired the Ontígola Logistics Platform in Madrid’s south corridor for €40.6m (£35m).
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Leisure hub opens at Glasgow’s St Enoch Centre
Sovereign Centros will unveil its new East End leisure hub at its St Enoch Centre in Glasgow this weekend.
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Workspace swings into the red for first time in over a decade
Office space provider Workspace has suffered its first annual loss in more than a decade after posting a loss before tax of £235.7m in the 12 months to 31 March, swinging from a profit of £72.5m in the previous year.
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Home REIT acquires 47 properties with remaining IPO funds
Home REIT has acquired 14 separate property portfolios across England for £47.1m.
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Itsu picks Reading retail park for first out-of-town site
Grab-and-go food chain Itsu will open its first out-of-town restaurant at Reading Gate Retail Park, Property Week can reveal.
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Grosvenor takes stake in luxury fashion brand
Grosvenor Britain Ireland has taken a minority stake in luxury brand Roland Mouret.
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Rasmala Group snaps up Manchester Tesco for £28m
The Rasmala Group has bought a Tesco superstore in Hattersley, Manchester, for £28.6m.
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Peek & Cloppenburg bags Magasin du Nord
Peek Cloppenburg has bought the Danish department store business Magasin du Nord, which was formerly owned by Debenhams.
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Patrizia pays M7 £34m for Birmingham industrial estate
M7 Real Estate has sold Wednesbury Trading Estate to Patrizia for £34m on behalf of Tristan Capital Partners’ core-plus fund, Curzon Capital Partners V Long-Life LP.
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Acuitus’ June catalogue taps demand for high-street redevelopment opportunities
Acuitus has unveiled a 58-lot catalogue for its auction next month.
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Tempur Sealy acquires Dreams for £340m
Beds specialists Dreams has been bought by mattress and bedding manufacturer Tempur Sealy for £340m.
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Hammerson appoints McKinsey for business review
Hammerson has appointed management consultants McKinsey Company to advise on its ongoing strategic review, Property Week can reveal.
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Workman appointed by Brookfield on major retail park portfolio
Property management and consultancy firm Workman has been appointed by Brookfield as property manager on a portfolio of nine retail parks.
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Woking Shopping signs up four new F&B operators
Woking Shopping has signed up four new food and beverage (F B) operators at its The Peacocks and Wolsey Place schemes. The four new occupiers have taken a total of 15,500 sq ft.
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LCP continues retail acquisitions with Trafford shopping parade
Commercial retail and investment company LCP has purchased The Square in Trafford, Manchester for almost £9.5m on behalf of Sheet Anchor Investments, part of the LCP group of managed companies.