All News articles – Page 14
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Eight split from Avison Young to form retail advisory practice
A group of eight leading retail warehouse agents have left Avison Young to set up a new advisory practice called Park Place Retail, Property Week can reveal.
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Q&A: Krispyhouse founder on the new home rental ‘dating app’
Estate agent Anthony Kyriacou aims to use WhatsApp-style format to take on the big online rental platforms.
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Brookfield working up plans for new City skyscraper at 99 Bishopsgate site
Brookfield Properties is working up plans to replace its 99 Bishopsgate office tower in the City of London with a new 54-storey skyscraper.
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Co-op’s Manchester HQ sells for third less than original asking price at £140m
The Co-operative Group’s 330,000 sq ft Manchester headquarters has been sold to a Middle Eastern investor for around £140m, around two thirds of its original price.
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Brookfield and Copley snap up trio of Heathrow distribution hubs in £54m deal
Global real estate investor, operator and developer Brookfield and industrial real estate operator Copley Point Capital have snapped up three distribution warehouses by Heathrow airport.
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Premier Inn owner Whitbread strengthens property team
Premier Inn owner Whitbread has strengthened its construction and property acquisition teams with four new appointments.
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Plans put forward for 186-home scheme in Derby city centre
A planning application has been submitted for the development of 186 homes on one of the last plots of vacant land within Derby’s Cathedral Quarter.
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Hines and Peterson Group secure €80m loan for Dublin Central Plaza fit-out
A joint venture between Hines and Peterson Group has secured an €80m (£69.9m) senior loan from global alternative asset manager Cheyne Capital to fund fit-out works at the mixed-use Central Plaza scheme in Dublin and to refinance an existing facility.
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Avison Young to market government’s Warwickshire Rosalind Franklin Laboratory
The Department for Health and Social Care has appointed Avison Young to sell the Rosalind Franklin Laboratory, a 236,231 sq ft state-of-the-art facility and former Covid-19 testing base in Leamington Spa, Warwickshire.
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HBD submits application for first phase of £100m I&L scheme
Developer HBD, part of the Henry Boot Group, has submitted a reserved matters application for the first phase of its £100m GDV SPARK scheme – a 44-acre logistics and manufacturing hub near Walsall in the West Midlands.
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Essensys posts revenue growth but UK activity remains subdued
Essensys, which provides technology to the flexible workspace industry, has reported a 9% rise in revenue to £25m, mainly driven by new site activity, according to its results for the financial year to the end of July.
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Cala Homes acquires £50m GDV residential development site in Ascot
Housebuilder Cala Homes has bought a prime residential development site in Ascot, Berkshire with a gross development value of over £50m.
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Property Week events gain CPD certification
Delegates at Property Week events will now be able to use their attendance towards their Continuing Professional Development (CPD) hours.
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Aurelius Group eyes The Body Shop acquisition
Private equity investor Aurelius Group is in talks to buy The Body Shop.
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Jamdac gets green light for 51,667 sq ft County Antrim shed
Jamdac Developments has secured approval to develop a 51,667 sq ft shed at Creagh Industrial Park near Toome in County Antrim.
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Khan says Sunak’s private sector plans for HS2 Euston ‘verging on fantasy’
London mayor Sadiq Khan has said Rishi Sunak’s plan to get private developers to pay for the final leg of HS2 from west London to the Euston terminus is “verging on fantasy”.
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Lok’nStore says future ‘looks rosy’ as revenue rises 12%
Lok’nStore’s self-storage revenue rose 12.1% to £25.3m in the year to the end of July, as demand in the sector remains strong, according to its latest results.
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Housing minister pledges to abolish leaseholds and ‘restore true home ownership’
Housing minister Rachel Maclean yesterday confirmed the government will bring forward a bill to abolish leaseholds and to “restore true home ownership”.
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Wimbledon tennis expansion plans agreed in face of opposition
Merton Council has approved controversial plans to expand the Wimbledon tennis championship site in south west London despite local opposition branding it an “aggressive, inappropriate commercial development”.
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Wilko to return to high street as new owner plans concept stores and national rollout
CDS Superstores revealed on Friday (27 October) that it is to bring the Wilko brand back to the high street before Christmas and roll out stores across the UK.