Latest news – Page 7
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Beer keg logistics firm moves into MK 147
US-based company Kegstar is expanding its presence in Europe.
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Sirius reports 8.2% rise in rent roll as acquisition pipeline ‘remains strong’
Sirius achieved an 8.2% increase in overall rent roll despite wider macroeconomic conditions.
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Wise Living selected to manage and let 900-home PGIM North West portfolio
The homes are spread across 15 schemes in Manchester and Liverpool.
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Housebuilders lead slump in construction volumes
The UK’s construction output fell by 1.9% in volume terms in February, according to new official figures.
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UK hotel investment hits post-pandemic high
New data shows 138% surge in activity in Q1 compared to the same period in 2023.
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Scotland teeters on edge of social housing emergency, warns SFHA
Four Scottish councils have declared housing emergencies amid budget cuts as figures reveal slump in housebuilding projects.
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Six by Nico to open restaurant at Oxford’s Westgate
Six by Nico is to let a 4,300 sq ft space in Oxford’s Westgate shopping centre as it opens its 15th restaurant.
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Lighthouse becomes latest MMC developer to collapse into administration
The Sheffield-based firm has ceased to trade and all 113 members of staff have been made redundant.
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McLaren gets green light for Leeds BTR neighbourhood
The scheme is designed to transform a 2.47-acre site into a gateway into the city.
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Savills buys flex advisory business to grow Workthere offer
The newly acquired Situu will be combined with the consultancy’s existing flexible office specialist business.
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Grenfell Tower fire report delayed for third time
Inquiry team admits the report will no longer be published ahead of the seventh anniversary of the fire in June.
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University of Sunderland takes 95,000 sq ft in Docklands
The deal is the largest in a decade in the area, outside Canary Wharf.
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LGIM expands Unite relationship with £150m funding
The loan will be used to refinance an existing bank facility for the student accommodation giant’s Unite UK Student Accommodation Fund.
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Cambridge science campus gets go-ahead
Landmark science and innovation park in South Cambridge given the green light.
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Poundstretcher bought by Majestic Wine and Punch Pubs owner
US firm Fortress has struck a deal to acquire the UK discount retail chain and its 322 stores.
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Colliers promotes 55 employees across UK business
The latest round of promotions includes five new directors across the UK.
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Green Property Alliance demands response on MEES consultation
Industry group calls for clarity on future Energy Performance Certificate (EPC) targets and timelines.
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Lok’nStore agrees £378m takeover by Belgian rival Shurgard
The Belgian firm has offered £378m to shareholders of London-listed Lok’nStore.
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GPE reports strong leasing activity and presses on with development
The West End landlord has started two new developments and expanded its flex office footprint.
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Arrow Capital Partners buys 88,000 sq ft Dublin industrial asset for €7.5m
The company acuired the twin warehouses for its SIRE joint venture with Cerberus.