Latest news – Page 4
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Pemberstone sells Sunderland business park for £1.625m
Avison Young, Newcastle and Blue Marble Asset secured the sale acting on behalf of the owner.
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James Cameron backs new UK film studio mired in planning dispute
The film director sees the proposed studio as a potential base for his company Lightstorm3D.
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Oxford and LCP secure freight rail operator for £1bn West Midlands Interchange
The SRFI will sit alongside 8m sq ft of prime warehouse facilities.
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Power of Proptech survey 2024: Have your say
In 2024, businesses remain more heavily reliant on their digital infrastructure than ever. Property Week’s 2024 Power of Proptech survey, sponsored by Freeths, seeks to explore the robustness of this digital infrastructure and how prepared businesses are to meet the technological challenges facing the property sector.
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Cole Warehouse acquires Trafford site for 5,000 home masterplan
The schene will include 5,000 homes a new stadium for Manchester United.
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CapReg appoints NHS director to its board
Murphy will also take over as chairman of the group’s audit committee in June.
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Swiss Life Asset Managers partners with Ares Management on self-storage platform
Swiss Life Asset Managers UK will act as investment manager with operational services provided by its subsidiary MC Self Storage.
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Lok’nStore revenue grows 4.3% as store pipeline progresses
Trading update confirmed directors’ recommendation of 1,110p per share takeover offer from Shurgard.
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Vistry leads Q1 rise in property share prices
Fellow housebuilder Redrow also achieved a year-on-year leap in share price, up 40% to 665.2p.
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Property Week announces trio of promotions
Changes to deputy editor, news editor and finance editor roles.
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ASK lends £18m for co-living scheme in West London
ASK’s client acquired the site and plans to obtain permission to convert the building into a 415-bed co-living scheme.
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Holiday firm Kuoni Travel checks in to Manchester Arndale
Kuoni is relocating to Manchester Arndale from its former Manchester city centre location in King Street.
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LandAid launches industry-wide trek to support youth homelessness
The charity trek will take place between 13-15 September.
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Labour unveils its five ‘golden rules’ for grey belt development
The BPF said the new rules were a welcome step and added to the ”raft of reforms needed to boost housing”.
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British Land and GIC secure major pre-let from Citadel at Broadgate skyscraper
The hedge fund will take around a third of the office space in the landmark two-tower development.
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Palace Capital slashes debt with asset sales
The group said the sales provided “various options for returning capital to shareholders”, including a tender offer.
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SEGRO boosts rent roll by £29m in first-quarter trading
The FTSE 100 industrial giant is planning more development and acquistions after raising £907m in equity in February.
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Foxtons makes ‘strong start to year’ as market share grows
The estate agent revealed its sale pipeline was at its highest level since the Brexit referendum in 2016.
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General Projects submits plans for 185,000 sq ft mixed-use Shoreditch scheme
The project aims to transform an assortment of older buildings into a new low-carbon neighbourhood.
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WeWork secures investment for Great Chapel Street refurb
An AI start-up has signed a lease for two full floors, representing 34% of the location’s desk occupancy.