August West End rents highest in six years, says Savills
Office leasing in London’s West End in August reached 385,463 sq ft – the highest August level in six years and the highest monthly volume of space excluding December over that period, said real estate adviser Savills.
Apache Capital and partners refinance Liverpool BTR scheme
A joint venture between real estate investment manager Apache Capital, investment manager Harrison Street and insurer NFU Mutual has refinanced The Lexington BTR scheme in Liverpool with a €70m (£61.4m) loan from Deutsche Bank.
QCP Real Estate spends £35m on Loughborough’s historic Falcon Works
Alternative investment manager Quilvest Capital Partners (QCP) has acquired Falcon Works, a 53-acre multi-let industrial estate in Loughborough, from industrial conglomerate Melrose for around £35m.
Edgbaston redevelopment in £20m Levelling Up Fund bid
The transformation of Edgbaston Stadium into a cricket and community-led mixed-use destination is the subject of a £20m bid to the government’s Levelling Up Fund (LUF).
Verdion to deliver 1.75m sq ft Doncaster spec logistics scheme
Logistics firm Verdion has announced a £300m GDV speculative development programme to deliver the final 1.75m sq ft of industrial space at iPort, its logistics hub just outside Doncaster.
Gilbanks to launch new flexible workspace at Aviva’s Manchester office
Luxury serviced office provider Gilbanks is set to launch a new 22,000 sq ft flexible workspace offering in Manchester’s central business district, Property Week can reveal.
Richborough Estates appoints Christmas as regional director
Anabel Christmas has joined Richborough Estates as director of its eastern region.
Woking’s Victoria Place provides stage for Italia Conti performing arts school
Performing arts teaching institution Italia Conti has opened a purpose-built musical theatre, dance and acting facility across two floors in Henry Plaza at Woking’s Vitoria Place shopping centre.
CBRE South West appoints Nick Reed
Real estate investment firm CBRE has appointed Nick Reed as a director within the capital markets team in order to expand its offering in the South West.
Scottish rent freeze bill could trigger wider downturn in construction sector
The Scottish housing sector could face a downturn in construction as the Scottish parliament is set to pass emergency legislation to freeze rents for up to 18 months.
M7 Capital provides £16.3m loan for three retail asset purchases
Real estate funder M7 Capital (M7C) has agreed to provide a £16.3m loan to Willow Nominees to support the purchase of three retail assets.
A Titanic legacy in Belfast
Progress on the huge Belfast regeneration scheme has been ‘frustratingly slow’, but 110 years to the day after the ship sank, it is finally gaining momentum.
Alpha Real Capital raises €100m for European ground rents fund
Alpha Real Capital’s European Long Income Fund (ELIF) has reached the €100m (£89.4m) milestone in raised and deployed capital from institutional investors.
