All articles by Kat Spybey – Page 11
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Online
Hammerson reports 5.7% increase in NAV
Hammerson has increased its net asset value by 5.7% as it reveals it has signed new leases at 2% above estimated rental values.
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UKTV signs for new London headquarter
UKTV has signed to take 32,500 sq ft at 10 Hammersmith Grove.
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Whitbread agrees Middle East deal for Premier Inn
Whitbread has agreed a partnership with Action Hotels to develop the Premier Inn brand across the Middle East.
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UGL evaluates unsolicited bids for DTZ
UGL has received unsolicited third party interest for DTZ which it is now evaluating to see if this presents the best offer for the business.
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Hammerson jobs at risk as REIT looks to review business
Around 10 roles at Hammerson could be made redundant as the retail REIT reinforces the focus of its investment on development and multichannel.
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Realis plans major rethink of Stoke retail scheme
Retail developer Realis Estates is planning a major rethink of its City Sentral development in Stoke-on-Trent which is likely to see the scheme downsized.
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News
Italians and Swiss step up London fashion invasion
Fendi, DSquared2 and watchmakers take Mayfair stores
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Colliers redoubles retail team with Briant Champion Long
Colliers hopes to rival global agents on retail stage after buying specialist agency for £15m
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Primark eyes big Northants shed
LondonMetric Property is working up plans for a 1m sq ft distribution scheme north-east of Northampton and is said to be in early talks with Primark about a potential prelet on more than half of the space.
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Sainsbury's supermarket sale sets record yield
A Sainsbury’s supermarket in south west London has gone under offer in a deal which reflects the lowest yield ever achieved on a supermarket asset.
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Italian retailer agrees deal for debut UK store
Italian retailer DSquared2 has agreed a deal to open its first standalone company store on Conduit Street.
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Green Oak and partners buy €160m Vastned Spanish retail portfolio
European retail investor Vastned has sold a portfolio of malls for €160m.
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Allied London submits plans for The Engine in Leeds
Allied London has submitted a planning application for a new workspace building at its Leeds Docks development.
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ES Group buys JLL's machinery and business assets team
ES Group – the collective name for Edward Symmons, Storeys Edward Symmons and Aaron Fox – has bought Jones Lang LaSalle’s machinery and business assets team.
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Vail Williams founding partner dies
The founding partner of property consultancy Vail Williams, Ken Williams, passed away on 28 January following a short illness.
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Marston's buys five pub sites
Pub owner Marston’s has bought five new pubs across the UK which will have a value of £20m once completed.
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Planning application approvals at highest level since 1999
The percentage of planning applications approved by local authorities is now at its highest point since 1999, according to the latest research.
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Galliard agrees West Ham United stadium deal
Galliard Group has agreed a deal to buy West Ham United’s football stadium for residential conversion after the team moves to the Olympic Stadium in 2016.
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BNP Paribas Real Estate recruits finance director
BNP Paribas Real Estate has appointed a new finance director.
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Colliers buys top retail agency
Colliers International is understood to have agreed a deal to buy rival agency Briant Champion Long.