All News articles
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OnlineWeWork walks away from Hyphen building in Manchester
WeWork has walked away from its full-building letting at the Hyphen in Manchester.
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L&G sells Essex warehouses to UK’s largest fresh produce supplier
Legal General has sold two units at the Britannia Centre in Loughton, Essex to Cyprofood, the UK’s largest fresh produce supplier.
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Logik Developments submits plans for Manchester scheme
Logik Developments has submitted a planning application for a mixed-use scheme that will make up part of U+I’s £1bn Mayfield regeneration in Manchester.
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Acuitus sells 95% at July auction
Acuitus sold 95% of its 18-lot catalogue at its online auction this week, raising just over £9m.
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L&G calls on government to take urgent action to reduce emissions from built environment
Legal General (L G) has written to the government calling for urgent action to reduce emissions from the built environment.
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One in 10 The Restaurant Group sites will not reopen after lockdown
The Restaurant Group (TRG), which owns chains including Wagamama and Frankie Benny’s, has said that one in 10 of its restaurants and pubs will not reopen this year.
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Hotter Shoes launches CVA
Britain’s biggest shoemaker Hotter Shoes is launching a CVA proposal to creditors and shareholders in an attempt to permanently close 46 of its stores.
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Sky Studios Elstree receives planning approval for film and TV studio
Sky Studios Elstree has received the green light to proceed with construction works.
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Impact Healthcare REIT commits to dividend after collecting 100% of rent
Impact Healthcare REIT committed to paying its second quarter dividend after collecting 100% of rent payable, despite its tenants losing almost 10% of their occupants during the Covid-19 outbreak.
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Great Portland Estates “well positioned” after second quarter
Great Portland Estates has said it is well positioned to move forwards despite the Covid-19 outbreak, with 69% of rent collected and 82% of March rent now retrieved.
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‘Zombie occupiers’ threaten to kill London office leasing deals
Deals are likely to be put on hold as occupiers with surplus space rethink requirements in light of Covid-19 fallout.
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BioMed Realty lets the final chunk of workspace at Babraham Research Campus to Bit Bio
Blackstone portfolio company BioMed Realty has let the final chunk of lab and workspace at its scheme at the Babraham Research Campus in Cambridge 12 months after the scheme was completed.
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Barwood Capital lets Avonmouth warehouse to Bart Ingredients
Bristol-based spice manufacturer Bart Ingredients has signed a 15-year lease at a warehouse in Avonmouth.
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Housebuilder share prices rise 18% in Q2 as activity resumes
Cairn Homes leads the pack with 32% share price rise as the sector picks up again after lockdown lull
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AEW and Allianz Real Estate buy 515,000 sq ft Yorkshire warehouse
AEW and Allianz Real Estate have acquired a logistics facility in Yorkshire on behalf of several Allianz group companies.
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John Whittaker formally resigns from intu board
John Whittaker has resigned as deputy chairman and non-executive director of beleaguered retail landlord intu, Property Week can reveal.
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RICS to permanently close six UK offices
RICS will close the majority of its UK offices permanently, with the exception of the London, Birmingham and Edinburgh offices as it moves to a digital first approach, Property Week can reveal.
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Nedbank signs lease at 12 Arthur Street
South African commercial bank Nedbank has signed a lease for the 8,685 sq ft seventh floor of 12 Arthur Street in the City of London.
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Boots to close 48 optician stores, axing 4,000 jobs
High street pharmacy chain Boots is set to close 48 optician stores, cutting 4,000 jobs.
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LCN Euro Property Holdings buys North East office for £18m
A subsidiary of New York-based private equity group LCN Euro Property Holdings has acquired Cobalt 22, a 78,000 sq ft property at Cobalt Business Park, North Tyneside for £18.3m.
