All News articles – Page 20
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News
Brookfield leverages proptech platform Showhere
Global real estate investor, operator and developer Brookfield has adopted proptech platform Showhere for its Advanced Research Clusters (ARC).
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Life sciences secures £2.45bn investment in golden triangle during 2022
Investment into life sciences real estate exceeded £2.45bn in the ‘golden triangle’ in 2022, according to a report from Cushman & Wakefield.
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BTR market enjoys strong investment in 2022
Build to rent (BTR) remains one of the most in-demand UK real estate sectors, receiving £4.3bn of investment in 2022, according to Savills.
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Clarion appoints EMEA distribution director
Clarion Partners has appointed Christian Schulte Eistrup as managing director and co-head of EMEA distribution.
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Southern Grove scores greenfield planning win ‘off Local Plan’
Developer Southern Grove has succeeded in gaining planning approval for a 220-home scheme in Whitstable, Kent, despite the site not being included in Canterbury City Council’s Local Plan.
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Notting Hill Genesis agrees 590 home deal
Notting Hill Genesis, the housing association, has made a partnership deal with property fund manager Resonance, which will see it take over 590 properties.
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Colliers hires Ian Quinn as associate director for Manchester office
Commercial real estate firm Colliers has hired Ian Quinn to join the project and building consultancy (P&BC) team in the firm’s Manchester office.
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Scottish castle set for restoration following sale
Knockderry Castle, a 19th-century baronial castle in Argyll & Bute, western Scotland, has been acquired by an American buyer having been marketed for offers in excess of £1.25m.
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Israel’s Harel sells former MI6 HQ 50 Broadway
Israeli insurance firm Harel has sold 50 Broadway, a 72,500 sq ft central London building that was a base for MI6 spies and is now leased to the government for the next 18.5 years, to a high-net-worth buyer.
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Industrial land values almost halve in H2 2022, says Colliers
Industrial land values dropped 47.4% in the six months to December due to inflation and increased borrowing costs, according to Colliers.
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Panattoni to develop 80,000 sq ft shed near Heathrow Airport
Logistics real estate developer Panattoni is to develop a speculative 80,000 sq ft last-mile logistics site near Heathrow Airport after acquiring a 3.2-acre brownfield site from CBRE Investment Management for an undisclosed amount.
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Monthly construction output flattened in December
Office for National Statistics (ONS) figures show monthly construction output was flat at 0.0% growth in December, with a 0.5% increase in new work offset by a 0.7% fall in repair and maintenance work.
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Gove pushes for Awaab’s Law
Housing secretary Michael Gove has announced social housing landlords will be responsible for damp and mould conditions as part of amendments to be made to the Social Housing Regeneration Bill (SHRB) to introduce ‘Awaab’s Law’.
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Valesco hires Derek Williams as MD to lead investor relations
Real estate investment and asset manager The Valesco Group has appointed Derek Williams as managing director to lead its investor relations and business development function.
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Avison Young reappointed manager for Birmingham’s Brindleyplace
Real estate adviser Avison Young has been reappointed as the estate management team for Birmingham business, culture and leisure destination Brindleyplace by its owner Hines.
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Totaljobs takes 10,000 sq ft at Portsmouth’s Lakeside North Harbour
Recruitment firm Totaljobs has taken more than 10,000 sq ft to accommodate 150 staff at Portsmouth workspace provider Lakeside North Harbour.
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Infinium Logistics spends £28m on Banbury EV charging shed
Asset management and logistics solutions firm Infinium Logistics has acquired an EV-charging facility let to Amazon in Banbury for £28m from Paloma Capital.
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Puma backs UK’s first research centre focused on ESG in construction
London university UCL’s Bartlett School of Sustainable Construction has launched the UK’s first research centre focused on improving ESG practices in construction, sponsored by Puma Property Finance.
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Hines pre-lets three floors of Mayfair office building
Investor, developer and manager Hines has pre-let 14,250 sq ft of office space to an Asian multinational company at mixed-use development The Burlian in London’s Mayfair district.
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UKGBC launches project to deepen understanding of commercial retrofit
UKGBC (UK Green Building Council) is launching a project to deepen industry understanding of the carbon and cost effectiveness of different retrofit measures for commercial property.