Latest news – Page 21
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Aviva Investors expands investment team with three appointments
Firm takes on an associate, analyst and a new director of sustainable investments.
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Get Living agrees £110m with Rothesay on Salford scheme
The build-to-rent operator has secured the facility to refinance its New Maker Yards neighbourhood in Salford, Greater Manchester.
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Flex space occupancy rates across the UK hold strong at 80%
Occupancy rates are highest for the largest flexible workspaces
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BoE decision signals optimism but pressure remains for those servicing debt
The bank’s Monetary Policy Committee (MPC) voted by a majority of 8-1 to maintain the base rate at 5.25%.
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Government watchdog moves to Coventry’s Friargate scheme
Ofqual has taken 11,500 sq ft at the office building.
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Catella signs Brazilian Consulate for Edinburgh’s Caledonian Exchange
Catella purchased the office property from BlackRock in 2023
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Council approves 1,000-home Skegness Gateway scheme
Planners estimate The Skegness Gateway scheme will generate over £300m gross value added.
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Capital Letters agrees £750m funding deal with Home Safe Housing
The funding will be used to acquire, refurbish and develop 2,500 homes across the capital.
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Rocket Padel to open courts at Battersea Power Station
The racket game is “the world’s fastest-growing sport”.
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Rate of progress in later-living planning stalled in last two years
Research has found that 32% of local authorities lack clear policies to support later-living accommodation .
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Barberry Industrial unveils plans for £14m West Midlands shed
The firm plans to deliver a 70,000 sq ft distribution and logistics scheme at Quinton Business Park in Birmingham.
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API board says Custodian merger “best outcome” for shareholders after ULR drops bid
Approving the deal would deliver a premium to the undisturbed share price, the firm said.
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Edmond de Rothschild REIM acquires Newbury resi scheme for £34m
The affordable housing project has already seen the development of almost 120 new homes.
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Council selects Wates Group to build 400 homes in Cardiff
Cardiff Council has appointed family-owned developer Wates Group as the main contractor to build a 400-home scheme in the city’s Grangetown area.
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City Corporation unveils retrofit toolkit for Square Mile’s heritage buildings
The City is targeting a net zero Square Mile by 2040.
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Places for People acquires Rosewood Housing
The affordable homes provider was previously owned by housing developer Inland Homes.
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BRE urges government to develop ‘micro’ investment zones and adopt AI
In its 2024 manifesto, the BRE has called for a white paper on new building standards.
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Abercrombie & Fitch to set up shop on Oxford Street
The retailer has signed a multi-year lease for two floors in the mixed-use retail and office building.
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Abu Dhabi sovereign wealth fund shelves Liverpool One sale
Landsec was reportedly close to concluding a £350m for ADIA’s stake in the shopping centre.
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TCS posts fall in portfolio value but NAV nudges up
The firm said the reduction was primarily due to market sentiment around the macroeconomic outlook adversely affecting valuation yields, especially in offices.