All articles by Lawrie Holmes – Page 9
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Fattal checks in to Brighton’s Grand Hotel
Fattal Hotel Group, owner of Leonardo Hotels UK & Ireland, has acquired Brighton’s Grand Hotel from the Weston family that controls Associated British Foods, for around £60m.
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Smith Mordak named new UKGBC chief executive
UKGBC (UK Green Building Council) has appointed Smith Mordak, director of sustainability and physics at engineering consultancy Buro Happold, as incoming chief executive.
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Telford Homes names Chen Davison as COO
London-focused developer Telford Homes, a subsidiary of property giant CBRE, has appointed build-to-rent (BTR) veteran Lesley Chen Davison as chief operating officer.
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Council calls action on Pinewood Studios' 1.4m sq ft expansion
Pinewood Studios in Buckinghamshire is set to become the biggest studio complex in the world, with a total of 51 purpose-built stages, after gaining planning permission to add 1.4m sq ft of extra space.
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Fine Grain buys 220,000 sq ft site at Dublin’s Citywest campus
Irish real estate investor Fine Grain Property has acquired the 219,281 sq ft Waterside development at Citywest Business Campus outside Dublin from IPUT Real Estate and Davy Waterside Investment Fund ICAV for an undisclosed amount.
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Savills hires JLL directors for industrial & logistics team
Savills has appointed Tom Shaw and Michael Alderton as directors in its industrial and logistics occupier advisory team.
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ADC Therapeutics doubles space at Imperial College’s I-HUB
Oncology-focused biotech firm ADC Therapeutics has doubled its footprint at Imperial College London’s I-HUB campus in White City to 24,000 sq ft.
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Office leasing up 4% in ‘big six’ regions, says Cushman & Wakefield
Office lettings rose 4% year on year across the ’big six’ regional markets in 2022, according to Cushman & Wakefield, with 1.29m sq ft let across Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester in Q4 - 17% above the 10-year average.
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Brunswick lets Croydon tower floor to Fairfield School of Business
Property investor Brunswick Property Partners has let 10,629 sq ft of an office scheme at Croydon’s Stephenson & Knollys House to Fairfield School of Business on a 15-year lease.
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Hurstwood launches property asset management platform
Property owner and manager Hurstwood Holdings has launched a dedicated commercial investment and strategic property asset management platform.
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Warrens takes 514,000 sq ft at Prologis’s Daventry rail terminal
Logistics real estate owner and developer Prologis UK has leased two new distribution centres totalling around 514,000 sq ft to transport and logistics provider Warrens, part of Culina Group, at the Daventry International Rail Freight Terminal (DIRFT).
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Under Armour openings continue athleisure outlets growth
Sportswear retailer Under Armour is to launch three more brand-owned stores across the UK in the latest move by athleisure brands to open physical outlets.
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Colliers hires Ian Quinn as associate director for Manchester office
Commercial real estate firm Colliers has hired Ian Quinn to join the project and building consultancy (P&BC) team in the firm’s Manchester office.
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Scottish castle set for restoration following sale
Knockderry Castle, a 19th-century baronial castle in Argyll & Bute, western Scotland, has been acquired by an American buyer having been marketed for offers in excess of £1.25m.
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Israel’s Harel sells former MI6 HQ 50 Broadway
Israeli insurance firm Harel has sold 50 Broadway, a 72,500 sq ft central London building that was a base for MI6 spies and is now leased to the government for the next 18.5 years, to a high-net-worth buyer.
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Industrial land values almost halve in H2 2022, says Colliers
Industrial land values dropped 47.4% in the six months to December due to inflation and increased borrowing costs, according to Colliers.
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Panattoni to develop 80,000 sq ft shed near Heathrow Airport
Logistics real estate developer Panattoni is to develop a speculative 80,000 sq ft last-mile logistics site near Heathrow Airport after acquiring a 3.2-acre brownfield site from CBRE Investment Management for an undisclosed amount.
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Valesco hires Derek Williams as MD to lead investor relations
Real estate investment and asset manager The Valesco Group has appointed Derek Williams as managing director to lead its investor relations and business development function.
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Avison Young reappointed manager for Birmingham’s Brindleyplace
Real estate adviser Avison Young has been reappointed as the estate management team for Birmingham business, culture and leisure destination Brindleyplace by its owner Hines.
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Totaljobs takes 10,000 sq ft at Portsmouth’s Lakeside North Harbour
Recruitment firm Totaljobs has taken more than 10,000 sq ft to accommodate 150 staff at Portsmouth workspace provider Lakeside North Harbour.