Latest property news

All the latest news from across commercial and residential property

BNP Paribas logo

Top BNP Paribas Real Estate agents made redundant


A trio of senior figures at BNP Paribas Real Estate have left the business as part of a round of redundancies.

158 bishopsgate

British Land to buy City building near Broadgate estate for £37.5m


British Land is poised to buy a mixed-use building close to its Broadgate estate for around £37.5m, as it continues to grow its development pipeline.


Morgan Stanley issues £367.5m CMBS on CityPoint tower


Morgan Stanley has launched a securitisation of the £367.5m loan on London’s CityPoint tower.

1-5 london wall

City corporation sells London Wall office


The City of London Corporation has sold the 150-year leasehold at 1-5 London Wall Buildings for £97.1m to a joint venture between Angelo Gordon and Endurance Land.

Almancatar 125 Shaftesbury Avenue

Savills IM buys 125 Shaftesbury Avenue as it prepares fund launch next year


Savills Investment Management completed the purchase of 125 Shaftesbury Avenue for £267m from Almacantar and is set to launch a new fund on behalf of Korean institutional investors next year.

Carpetright retail park

Carpetright continues store closures as losses deepen


Struggling retailer Carpetright has reported a loss before tax of £11.7m for the first half of the year as it continues its ongoing store closure programme.

Nisha Kerai l&g

L&G builds BTR team with triple hire


Legal & General has made three hires to expand its build-to-rent (BTR) team including the appointment of Grainger’s Nisha Kerai as senior asset manager.

elepahnt & castle

Elephant and Castle redevelopment gets City Hall sign off


Delancey and APG’s Elephant and Castle shopping centre redevelopment plans have been rubberstamped by City Hall.

Retail park shutterstock credit jevanto productions 776211748

Retail capital values fall by 5.3% this year


Retail sector capital value fell 1.9% in November, taking the sector’s overall decline so far this year to 5.3%, according to CBRE.

Madeleine Cosgrave

Landsec appoints GIC's Madeleine Cosgrave to non-exec role


Landsec has appointed Madeleine Cosgrave as an independent non-executive director.

Read our full news list

Give us your views...

Big interviews

Gary Roberts - Praxis

Bargain Hunter: Praxis' Gary Roberts interview


Praxis is building a shopping centre portfolio at a time when most investors are giving the sector a wide berth. Managing director Gary Roberts tells Richard Williams why


Property Week Digital Edition – 7 December 2018

High Street fighters: HoF & Mike Ashley – Praxis’ Gary Roberts interview – Ministry of Sound co-working – Ports & Airports markets