All News articles – Page 33
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NAV plummets 6.4% at abrdn European Logistics Income
The group has been hit by a 3.9% decline in the value of its portfolio, to £542.8m.
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Olympia backers sign up IWG to operate flex office space
The flexible workspace provider is the first tenant at the 550,000 sq ft office scheme.
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AshbyCapital agrees leases for half of Slough office scheme
The office scheme is now close to 50% let after a recent flurry of deals.
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Net zero transition far more expensive than public thinks, Lords warned
Top economists say the move to a low-carbon economy will come with a higher than expected price tag.
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Markets
Mount Anvil selected as preferred JV partner for £275m Marylebone scheme
The new JV with Westminster City Council plans to develop more than 400 homes.
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Markets
Anchor appoints new executive director of business services
Julia Mixter will join from Raven Housing Trust and replace former director Kate Smith in May.
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Sticks n Sushi secures £22m loan to open UK restaurants
The group is set to open its 13th UK restaurant in May.
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Markets
Avant Homes greenlit for £78m resi scheme in Nottingham
The project will provide 265 mixed-tenure homes in Clifton.
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Hollywood Bowl to roll into The Chimes in Uxbridge
Ten pin bowling brand joins Odeon as an anchor of a new leisure destination in the shopping centre.
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Countryside and LiveWest agree £76m deal for Plymouth resi scheme
The project would see the delivery of 260-mixed tenure homes on the city outskirts.
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ID Manchester unveils plans to reinvent Renold Building as innovation hub
Bruntwood SciTech and the University of Manchester are creating a £1.7bn innovation district in the area.
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Ombudsman publishes Hammersmith & Fulham investigation findings
The social housing landlord was accused of “multiple and repeated failures”.
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IPUT gets go-ahead for 1.7m sq ft extension of Nexus Logistics Park
Planning for an initial 795,000 sq ft across five units was granted last year.
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Vistry sticks with £2.2m CEO pay rise despite shareholder revolt
Housebuilding giant has ignored almost half of its shareholders who voted against a rise in executive pay deals.
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Sussex Uni secures £123m of abrdn funding for PBSA scheme
The West Slope project will create 1,900 student accommodation units.
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Welsh parliament launches inquiry into low social housing development levels
The Local Government and Housing Committee will monitor progress on the country’s targets.
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HS2 London to Birmingham to give West Midlands £10bn boost
Research from Arcadis shows the rail link will act as a signifcant catalyst to development over the next 10 years.
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BT Tower set to become hotel after £275m sale
The iconic landmark has been snapped up by US group MCR Hotels.
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Cheyne lends Dominus £400m for two London PBSA schemes
The two senior loans will support the development of student accommodation in London with nearly 1,500 beds.
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Urban Logistics REIT makes rival bid for abrdn Property Income Trust
The combination of the two businesses would create a strong FTSE 250 constituent with a combined pro-forma market cap of £830m.