All News articles – Page 11
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Greenlight for controversial 200-home development at Bristol zoo site
Plans for almost 200 homes on the site of Bristol Zoo Gardens have been approved despite significant local opposition, after council officers concluded that the scheme would help tackle the city’s housing crisis.
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General Projects and KKR secure two lettings in Heal’s building
Real estate developer General Projects and global investment firm KKR have signed two letting deals at The Manufactory in the Heal’s department store building on Tottenham Court Road in central London.
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Weston Homes’ scaled-down £300m Norwich resi scheme finally approved
Planning permission has been granted for a scaled-down Anglia Square development from Weston Homes that will provide 1,100 homes in Norwich.
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HMV to return to original Oxford Street home
Music retailer HMV is to return to its first ever location, at 363 Oxford Street in London, having withdrawn from the site four years ago.
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City Corporation gives £73m towards Museum of London relocation
The City of London Corporation has committed £73m of funding towards the plans to relocate the Museum of London from the Barbican to a series of historic buildings at West Smithfield.
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UK healthcare investment volumes reach £2.4bn, says Knight Frank
Investment in the UK healthcare property market is showing strong growth, with transaction volumes reaching £2.4bn in 2022 and demand rising from domestic investors, according to a report by Knight Frank.
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Taylor Wessing re-signs for Landsec’s City of London HQ
Landsec has agreed a renewed lease with international law firm Taylor Wessing for 175,000 sq ft of office space at 5 New Street Square, which will also see the City of London building extensively refurbished.
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Court Collaboration gets green light for Birmingham BTR scheme
Specialist residential developer Court Collaboration has secured planning permission from Birmingham City Council for a 581-unit build-to-rent (BTR) scheme.
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Wain Estates sells units at Manchester’s Carrington Gateway for £20m
Developer Wain Estates has sold three units at Carrington Gateway, the industrial development at its Carrington Estate in Manchester, to real estate private equity firm Cabot Properties for around £20m, according to market sources.
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Ribston adds three more tenants at West Lothian’s Inchwood Park
Industrial property specialist Ribston has gained full occupancy for its Inchwood Park industrial estate in West Lothian after completing three new lettings.
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Royal Mail rubberstamps deal for 75,000 sq ft at SEGRO’s Tottenham park
SEGRO has agreed terms with Royal Mail for its Parcelforce Worldwide division to occupy over 75,000 sq ft across two units at the REIT’s Tottenham business park on 15-year leases.
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Birmingham’s £360m Curzon Wharf development given green light
Developer Woodbourne Group’s plans for a £360m mixed-use development in Birmingham, featuring what would be the city’s tallest tower and 1m sq ft of commercial and residential space, have been given the green light by local planners.
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Knight Frank hires Hill as partner in shopping centres team
Knight Frank has appointed Ben Hill as a partner in the shopping centres team within its commercial property and asset management division, to work across the firm’s Leeds and Sheffield offices.
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IPUT and Aviva put Dublin B&Q shed on block for €26m
Irish property firm IPUT and Aviva Investors have put one of Ireland’s largest sheds, used by home improvement giant B&Q as a retail warehouse, up for sale with a guide price of €26m (£23m).
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Savills hires Hare for healthcare and senior living team
Savills has appointed Nicholas Hare as an associate in its healthcare and senior living team, based at the real estate adviser’s Margaret Street head office in central London.
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Canada Life Asset Management completes £148m debt financing to LXi REIT
Canada Life Asset Management has provided LXi REIT with a £148m loan to refinance a UK regional, mixed-use commercial property portfolio.
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PPHE Hotels posts positive update to investors
PPHE Hotel Group increased its revenue by 115% during the first quarter of 2023 as people returned to travel after the Covid-19 lockdowns.
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Taylor Wimpey sales rate rises but remains below 2022 level
Housing giant Taylor Wimpey has told investors that its sales rate has increased as the spring selling season kicks in, but warned of the challenges facing first time buyers.
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Birchwood hires associate to real estate lending team
Finance provider Birchwood Real Estate Capital has appointed Edward Raynor as an associate in its real estate lending team.
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BNP Paribas appoints O’Brien as healthcare and senior living director
BNP Paribas Real Estate (BNP) has appointed Edward O’Brien as senior director in its healthcare and senior living team.