Canary Wharf Group expands debt maturities as it secures £553m from lenders
The financing significantly increases CWG’s debt maturities and will support its drive to add more non-office space to the estate.
Knight Frank reports 25% leap in Golden Triangle life sciences take-up
Around 186,000 sq ft of space in London, Oxford and Cambridge was let in Q1 2024.
Chancerygate seals five deals at Genesis Park in Leicestershire
A 6,000 sq ft unit has been let to Deenova and sold to Sandpiper Formulations Pension Scheme.
MP claims councils lack funding to fight unwanted developments at appeal
Matt Western, MP for Warwick & Leamington, told the House of Commons ”funding cuts” were skewing planning in favour of developers.
Norway’s sovereign wealth funds eyes £363m Meadowhall takeover
Norges is in advanced talks to buy British Land’s 50% stake of the Sheffield shopping centre.
Northern Hollywoods: film and TV studios to increase production in the North
Several film and TV studios planned or in development are set to significantly increase production capacity in the North.
Vita secures £90m construction loan to develop Manchester PBSA scheme
The funding, which has been provided by Cain International, will be used to develop more than 570 student beds.
Warburtons signs pre-let at Symmetry Park Biggleswade
The bakery brand has agreed a 25-year lease with Tritax Symmetry for 65,847 sq ft.
Mixed-use London property to lead Acuitus’s May commercial auction
The catalogue features a number of lots with potential for redevelopment.
Scottish government granted powers to introduce Building Safety Levy
The government is also considering a new tax on developers to contribute towards building safety repairs.
Retail takes lead in net zero race
Many supermarkets and retail parks have high EPC ratings and are adopting energy-saving strategies.
Northern Ireland Investment Fund provides £28m loan on Belfast hotel
JMK Group lands development finance for Titanic Quarter hotel scheme.
I-RES says outlook is ‘positive’ as strategic review advances
Review by Ireland’s largest landlord seeks ways to unlock value from the porfolio, including increasing revenue from car parking.
