All News articles – Page 6
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News
Kadans acquires Windrush Innovation Centre in Oxford
Kadans Science Partner is set to continue its expansion into Oxford with the acquisition of the Windrush Innovation Centre from Tozi Limited.
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Assura to maintain disciplined investment activity with pipeline of opportunities
Healthcare property group Assura has said it will maintain a ”disciplined” level of investment activity over the next 12 months and is on site at 11 developments with a total cost of £129m, as it reports “strong” results for the year to 31 March.
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JR Capital and Chancerygate’s £150m fund acquires Eastbourne industrial estate
A £150m urban logistics investment fund managed by asset manager Chancerygate and property investment company JR Capital has acquired an industrial estate in Eastbourne, East Sussex.
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Vistry to revisit executive pay policy after shareholders revolt
Vistry has indicated it will reconsider its new executive pay policy after nearly half of its shareholders voted against its bonus plans.
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Edinburgh makes £2bn agreement for resi development
The City of Edinburgh Council has signed an agreement with developer West Town Edinburgh to bring forward a £2bn residential development in the city.
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John Allan to stand down as Barratt Developments chair following allegations
Housebuilder Barratt Developments has confirmed John Allan will stand down as chair of the board and as a director of the company.
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Valor agrees 57,000 sq ft urban logistics pre-let in Birmingham
Valor Real Estate Partners has secured Specialist Computer Centres (SCC) for a 57,000 sq ft pre-let at Oscar House logistics site in Birmingham.
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Home REIT appoints AEW as investment manager while Knight Frank resigns as property valuer
Home REIT has appointed AEW UK Investment Management LLP as its property adviser, investment manager and Alternative Investment Fund Manager (AIFM) with immediate effect, following a competitive process.
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Helical boasts 790,000 sq ft development pipeline in latest results
Helical reported a 790,000 sq ft development pipeline in its annual results for the year to 31 March, as it seeks to expand the business by recycling capital from recently developed assets into new investment opportunities.
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Parliament at ‘real risk’ of collapse as multi-billion-pound restoration stalls
A lack of “proper conservation” of the Palace of Westminster has resulted in a “real and rising risk” that it “will be destroyed by a catastrophic incident” before delayed multi-billion-pound plans to restore it are carried out, a number of experts have warned.
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Downing closes £25m Peckham development loan
Investment manager Downing has completed a £25m development loan on a scheme in Peckham, London.
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Watkin Jones set for £500m-plus of deals as forward funding returns
Watkin Jones is set for more than £500m of forward funding deals after failing to secure any during the first half of its financial year, it can be revealed.
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Turner & Townsend appoints new UK MD of real estate project management
Simon Arnold has been promoted to the role of UK managing director of real estate project management at Turner & Townsend, succeeding Chris Sargent.
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Allsop’s first in-person auction in three years raises £46.5m
Auction house Allsop raised a total of £46.5m at its first in-person auction since 2020.
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Cross-party calls for investigation into Teesside regeneration corruption claims
Cross-party calls have been made for an independent investigation into claims of “industrial-scale corruption” at the government’s flagship regeneration project in Teesside.
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Around 4m sq ft of big-box I&L space made available for sublet as large space take-up plummets
Around 4m sq ft of grade-A big-box industrial and logistics space has become available to sublet in the UK, according to analysis by BNP Paribas Real Estate.
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Wilko considers entering CVA
Value retailer Wilko is reportedly considering entering a company voluntary arrangement to cut costs.
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Amro enters joint venture with Japan’s NTT to fund London co-living scheme
Amro Partners and NTT UD Europe have formed a joint venture partnership to fund development of The Rex co-living project opposite Kingston train station in west London.
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Inland Homes secures planning for Hounslow development
Inland Homes has gained planning consent for its mixed-use development comprising 1,525 homes and 30,000 sq ft of commercial space at Cavalry Barracks in West Hounslow, London.
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Godwin submits planning for mixed-use Wisbech scheme
Godwin Developments has submitted an outline planning application for a range of commercial uses for its 9.5-acre site in Wisbech, Cambridgeshire.