Latest property news

All the latest news from across commercial and residential property

All the latest news

Paul Crosbie

M&G closes first value-add fund at £125m


M&G Real Estate has completed an initial close of its first value add fund – the M&G UK Enhanced Value Fund (UKEV) – with investor commitments totalling £125m.

Bullring, Birmingham

Hammerson set to crash out of FTSE 100


Retail giant Hammerson is set to fall out of the FTSE 100, following a sharp fall in its share price in the wake of its agreed takeover of rival Intu in December.

London skyline

Ex-HSBC quartet launch new firm with $550m backing


Four former leading members of the real estate team at HSBC Alternative Investments have set up a new property investment company with $550m (£391m) of assets and new capital from Woodman Group.

200 Aldersgate, London

TH Real Estate provides debt for £315m City deal


TH Real Estate has provided financing to Korean investor Samsung SRA Investment Management for the £315m acquisition of 200 Aldersgate in the City of London.

Escape Hunt

Escape Hunt signs in Bristol and Birmingham


Leisure operator Escape Hunt has signed up for new sites at Hammerson’s Cabot Circus in Bristol and Martineau Galleries in Birmingham.

Penny hughes i q

Hughes joins iQ as chair


Student accommodation specialist iQ has appointed former Coca-Cola Great Britain and Ireland president Penny Hughes as non-executive chair.

Europa pinesgate

Watkins Jones acquires Bath office site for £26.5m


Europa Capital and Ediston Real Estate have sold the Pinesgate office redevelopment site in Bath to Watkin Jones & Son for £26.5m.

Helsinki töölönlahti quarter

Deka makes €190m office buy for record Finnish deal


Fund manager Deka Immobilien has acquired a multi-let office building in Helsinki from Finnish pension-insurer Ilmarinen for €190m (£168m) in the largest ever office transaction in the Finnish market.


Ray-Ban to open Carnaby flagship


Eyewear brand Ray-Ban has signed for a new flagship store within Shaftesbury’s Carnaby Street estate.


Lateral to develop major out-of-town retail scheme in Yorkshire


Lateral Property Group has announced plans to develop a huge regional mall called Axiom at junction 32 of the M62 in Yorkshire.

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PW cover 160218 – index

Property Week Digital Edition – 16 February 2018

Timber offices – Pavel Trenka interview – Bristol & South West market focus – Profile on retail, leisure & hotels