Offices, business parks & science parks – Page 5
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NewsA perfect storm for South East offices
The market has bounced back, but a supply and demand crisis is looming, warns Kate Parker.
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InsightWhy business and science parks will thrive in a post-pandemic world
Changing workplace requirements has reignited interest in business and science parks. As the property manager of 25 science and business parks across the UK, MAPP is well-placed to provide a compelling argument for why they will thrive.
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NewsLateral buys Whitechapel site
Asset manager and developer Lateral has acquired a prime site in Whitechapel, east London, as part of a bid to ramp up its life sciences portfolio.
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NewsNHSPS submits plans for Whitechapel life sciences cluster
NHS Property Services (NHSPS) has submitted plans to redevelop five underused plots of land in Whitechapel to create a near 1 million sq ft life sciences cluster next to the Royal London Hospital.
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NewsAEW UK Core Property Fund acquires Milton Keynes business park
AEW UK Core Property Fund has snapped up the 7.2-acre Mill Court and Mill Square site on Featherstone Road, Milton Keynes, for £12m, reflecting a net initial yield of 7.3% and a price of £1.67m/acre.
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NewsAshfield Land sells Pyramids Business Park to London & Regional
Ashfield Land has sold its Pyramids Business Park in West Lothian, Scotland, which is the setting for the second series of the fantasy TV show Good Omens, to London & Regional.
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OnlineSirius expands German business park portfolio
Sirius Real Estate has paid €39.8m (£34m) for Oberhausen Business Park in north-west Germany.
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NewsDevelopers set for bidding war over Edinburgh BioQuarter’s £1bn expansion
Private developers have been invited to bid for a chance to help spearhead a £1bn expansion to the Edinburgh BioQuarter healthcare and life sciences complex.
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NewsSGI unveils next phase of development at Thorpe Park Leeds
Scarborough Group International (SGI) has unveiled plans for future phases of its flagship Thorpe Park Leeds project.
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NewsGrove Business Park owner seeks bids in excess of £22m
Grove Business Park in Oxfordshire has been put on the market on behalf of a private owner.
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NewsLife Science REIT floats on London Stock Exchange
Life Science REIT has announced its intention to launch an IPO on the Alternative Investment Market of the London Stock Exchange.
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OnlineCinch signs for space at Kennedy Wilson’s in Hook
Kennedy Wilson signed a new 10-year lease for around 25,000 sq ft with Cinch, the online used car marketplace, at Bartley Wood Business Park in Hook.
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NewsChancerygate sells Brum business centre for £5m
Chancerygate has sold the Octagon Business Centre in Birmingham for £5m, reflecting a net initial yield of 4.38% and a capital value of £150 per sq ft.
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InsightBusiness park life is sweet
Post-pandemic demand for greener, healthier, less densely populated workspace is driving demand for out-of-town offices, but the city centre is not dead yet.
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NewsRoku takes 120,000 sq ft at Cambridge Science Park
TV streaming platform Roku has taken 120,000 sq ft of office space at Building 2, Cambridge Science Park, in the largest letting deal in the city in the past five years.
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OnlineWorks begin at York business park
Work has begun on a 30,000 sq ft industrial and warehouse business park in Monks Cross, York.
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NewsSirius snaps up more business parks and land parcel for €84.8m
German business parks group Sirius Real Estate has acquired four business park assets and one land parcel in Germany for around €84.8m (£72.4m).
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NewsPlans approved for Leeds life sciences hub at Drapers Yard
Officer’s have approved CEG’s planning application to revitalise Drapers Yard on Marshall Street in Leeds into a life sciences hub for diagnostics and drug development company Labcorp.
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NewsL&G and Oxford University to expand Begbroke Science Park
Legal General (L G) has agreed to fund and develop a new life sciences district for Oxford University that will extend the existing Begbroke Science Park.
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OnlineImages of new Fleet Street development revealed
New images of a major redevelopment plan on Fleet Street have been unveiled.
