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All the latest news from across commercial and residential property

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Top BNP Paribas Real Estate agents made redundant

2018-12-11T05:00:00+00:00By

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

2018-12-11T12:50:00+00:00By

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.

City_Point

Morgan Stanley issues £367.5m CMBS on CityPoint tower

2018-12-11T13:04:00+00:00By

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

2018-12-11T11:55:00+00:00By

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

2018-12-11T11:41:00+00:00By

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

2018-12-11T11:01:00+00:00By

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

2018-12-11T13:21:00+00:00By

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

2018-12-11T11:06:00+00:00By

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

2018-12-11T10:41:00+00:00By

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

2018-12-11T08:30:00+00:00By

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

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Gary Roberts - Praxis

Bargain Hunter: Praxis' Gary Roberts interview

2018-12-06T05:19:00+00:00By

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

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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