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NewsMSP Capital secures £100m Pollen Street development funding facility
Property finance specialist MSP Capital has agreed a £100m development funding facility with London-based asset manager and private equity firm Pollen Street Capital.
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Jackson and Brent join EiA Real Estate
Luxury prime commercial real estate specialist EiA has recruited two new directors, Mathew Jackson and Gavin Brent, from Montagu Evans and Avison Young respectively.
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UK film and TV industry revival drives need for more space, CBRE survey reveals
The resurgence of the UK film and TV industry post-pandemic is driving the need for more studio space but development is struggling to keep pace, according to a survey undertaken by real estate adviser CBRE.
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Scrapping hope value could put regeneration schemes ‘at risk’
Proposals to scrap hope value within the compulsory purchase orders CPO process is likely to lead to protracted legal challenges and increase the risk of regeneration schemes being delayed or not progressing, according to industry observers.
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B&B HOTELS appoints chief executive
Expanding European budget hotel operator B&B HOTELS has announced the appointment of Patrick O’Connell as chief executive of UK operations.
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Ninja Warrior UK Adventure Park signs lease for 25,000 sq ft Chelmsford unit
Ninja Warrior UK Adventure Park has signed a 15-year lease for a 25,000 sq ft unit at The Meadows Retail Park in Chelmsford.
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iQ to develop 1,200-bed Warwick PBSA scheme in
IQ Student Accommodation is to develop a 1,209-bed purpose-built student accommodation (PBSA) scheme in Warwick in a forward-funding deal with Topland Vintage Group and McLaren Property.
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Glade Capital snaps up Thames Water headquarters for £35m
Investment property platform Glade Capital has bought Clearwater Court, the UK headquarters for Thames Water, for circa £35m.
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Industry cheers Hunt’s life sciences ‘war chest’
Experts say £650m government package will help companies in the sector grow
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Chanel to double size of London HQ in Mayfair office move
Luxury fashion giant Chanel has agreed a new 20-year lease in Mayfair which will see it double the size of its global headquarters.
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Debut tenant secured for HB Reavis’s Shoreditch office scheme
HB Reavis has unveiled Frontier Economics as the debut occupier of its Worship Square office development in Shoreditch, with the company moving their headquarters to the building in early 2024.
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Levelling up ‘will fail’ without long-term funding, warn MPs
Levelling-up policy is suffering from a lack of oversight, long-term strategy and sufficient funding and “risks failure” without a significant shift in approach, a group of influential MPs has warned.
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PRS sector at risk of losing 735,000 properties, says NRLA
The private rented sector (PRS) is at risk of losing up to 735,000 homes due to high tax rates, according to the National Residential Landlords Association (NRLA).
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West Midlands Investment Prospectus 2023 sets out £20bn of opportunities
Potential investors and developers have been presented with £20bn of housing, commercial, regeneration and infrastructure opportunities in the 2023 West Midlands Investment Prospectus.
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Seventh DeTrafford development in 10 months falls into administration
DeTrafford No1 Castlefield has fallen into administration, making it the seventh special purpose vehicle (SPV) owned by the parent company to do so in the past 10 months.
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Albert’s Schloss signs Trocadero deal for first London restaurant
The 18,000 sq ft former Rainforest Café Trocadero on London’s Shaftesbury Avenue is to become an alpine cook haus and Bavarian bier palace after Criterion Capital signed Albert’s Schloss on a 25-year lease for its first London restaurant.
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Hilltop Credit Partners completes £19.6m in regional homes loans
Funds advised by real estate credit investment manager Hilltop Credit Partners have completed two loans, totalling £19.6m, to support the development of regional homes in Oxfordshire and Perthshire.
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Auction success rates in first quarter at a three-year-low
Acuitus research shows drop in Q1 success rates despite 20% increase in number of lots brought to auction
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Q&A: BRE aims to align in-use and built-in carbon measures
Senior product manager Jennifer Dudley discusses the latest update to the BREEAM sustainability standard.
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Allsop's May auctions total tops £100m after commercial sale success
Allsop’s May auctions total busted the £100m mark after the firm raised more than £60m at its 17 May commercial auction.
