All News articles – Page 3
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News
Housing Executive awards contracts worth £252m to improve homes in Northern Ireland
The Housing Executive has awarded contracts worth £252m to improve existing social houses across Northern Ireland.
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Footasylum opens 20,000 sq ft Oxford Street flagship store
Streetwear and sportswear retailer Footasylum opened a 20,000 sq ft London flagship store last week at 73-89 Oxford Street, which was previously occupied by New Look.
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Government Property Agency buys site for new HQ from McLaren Property
McLaren Property has sold its option on a 85,315 sq ft site on Brunswick Street in Darlington, County Durham to the Government Property Agency for a permanent base.
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Former SEGRO COO Gulliford joins Salmon Property
SEGRO’s former chief operating officer (COO) Andy Gulliford has joined investment and development group Salmon Propertyas a consultant to assist the senior management team in expanding the business.
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THG’s Manchester HQ sale falls through
The Hut Group (THG) founder Matt Moulding’s sale of its £250m headquarters in Manchester to real estate investor ICG has fallen through, Property Week understands.
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Whitbread snaps up New London House in £56.5m deal for hotel conversion
Hospitality group Whitbread has acquired the freehold interest in New London House in the City of London from unnamed clients of Orchard Street Investment Management for £56.5m..
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Property heavyweights urge Sunak not to axe HS2’s northern section
Bosses at some of the UK’s largest property firms are among a list of around 80 business leaders who wrote to the government urging Rishi Sunak not to scrap the remaining northern section of HS2.
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Former Homes England boss More joins Housing Growth Partnership
The former chief investment officer and interim chief executive of Homes England has been appointed as a senior strategy advisor at Housing Growth Partnership (HGP).
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British Land confident for financial year despite Meta lease surrender for £149m
British Land confirmed it had received a payment of £149m, reportedly equivalent to about seven years’ rent, from social media giant Meta, which surrendered the lease it had agreed for the former’s 1 Triton Square in London’s Regent’s Place.
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Your TRIBE announces PBSA partnership with Project Student and WAU Agency
Purpose-built student accommodation (PBSA) brand Your TRIBE has announced a strategic partnership with Project Student and WAU Agency to spearhead its launch and ongoing management.
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Avant Homes bolsters housing team for Scottish expansion
Housebuilder Avant Homes is gearing up for expansion in Scotland with plans for two new offices north of the border.
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UK landlords spent an average £25,000 to meet 2025 EPC deadlines
UK landlords have spent over £25,000 on average to improve their properties to meet the previously proposed Energy Performance Certificate 2025 deadline, which was scrapped last week by prime minister Rishi Sunak, according to financial services company Shawbrook.
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Peel Hunt predicts further M&A activity for property sector
Peel Hunt is predicting an increase in mergers and acquistions (M&A) activity in the property industry, as the sector trades on a 25% discount to net asset value (NAV).
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Redrow submits plans for 1,400 new homes in Rochdale
Housebuilder Redrow has submitted a planning application for a 1,380-home mixed-use neighbourhood in Rochdale, Greater Manchester.
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Really Local Group named partner for phase two of £68m Nuneaton regeneration
Nuneaton and Bedworth Borough Council has named developer Really Local Group as its strategic partner to create a 14,000 sq ft mixed-use town centre scheme in Nuneaton, Warwickshire.
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Third Space gains £88.5m funding to support opening of new clubs
London-based luxury health and fitness brand Third Space has secured £88.5m of funding from OakNorth and Searchlight Capital Partners to support its business plan and the opening of additional clubs.
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Real estate total global value reaches $380trn
The value of all global real estate, including agricultural land, reached $379.7trn (£819,000m) in 2022, new research from Savills has found.
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Casa by Moda secures £150m bump from NatWest
Casa by Moda, the single-family housing developer owned by Moda Living, has secured an initial £60m debt facility from NatWest, with the ability to rise to £150m, to support its growth plans.
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Gribbon wins top prize at Women in Property 2023 National Student Awards
Interior architecture and design student Elsie Gribbon has taken the top prize in the 2023 Women in Property National Student Awards, after competing against 13 other students in the national final of the awards programme, now in its 17th year.
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Government Property Agency publishes first ESG report
The Government Property Agency (GPA) has published its first environmental, social and governance (ESG) report, stating a commitment to pursue net zero goals within government buildings.