Offices news – Page 5
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Regional REIT considers discounted share issue to pay £50m debt
The REIT has confirmed it is looking at funding options following reports it was considering a £75m equity capital raise.
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A&o Hostels seeks office and retail properties for £427.5m expansion drive
The UK in included as firm seeks wide range of properties for pan-European expansion plan.
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Westminster rejects Criterion’s Pimlico hotel conversion to prevent loss of office space
The plans were put forward by Eccleston Square London, an investment vehicle for Asif Aziz’s Criterion Capital.
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CBRE IM lands first pre-let for Edinburgh’s 30 Semple Street
The developer said the office development is “setting new standards” in the Scottish office market
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Crawley’s The Create Building lands British Airways Holidays as tenant
The company has signed a lease for the top floor of the nine-storey tower.
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Art-Invest gets go-ahead on Sackville House refurbishment
The Piccadilly project will comprise 30,000 sq ft of workspace.
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Shaftesbury completes £75m Covent Garden deal
The group told investors that the acquisition presented asset management and rental growth opportunities.
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Managed office provider Frameworks hires Lester as head of acquisitions
Lester co-founded fellow managed office operator MetSpace.
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Network Rail and Lambeth Council unveil plans to transform Waterloo Station
Third-busiest UK transport hub to be remodelled to include new concourses with retail, leisure and office space.
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Games retailer signs HQ pre-let at London Brentwood Commercial Park
Wayland Games will occupy the space at Goodman’s Essex development from 2025.
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AXA IM Alts secures £480m loan for City of London office scheme
The development loans is one of the largest agreed for any UK speculative scheme since the start of 2023.
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Landsec City scheme reaches full occupancy as law firm Stewarts expands space
The office building is undergoing a sustainability-driven refurbishment.
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HBD gets green light for grade-A Colloco office scheme in Manchester
The development will comprise 16 storeys of office space in Manchester’s St John’s District.
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City office block secures £46m refinancing
Kiwoom Securities and Hana Securities have secured the facility for their Cannon Green scheme.
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City uses override to block rights of light threat to £300m justice quarter
Threat of legal action from neighbouring occupiers had put future of Salisbury Square scheme at risk.
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CLS reveals Westminster Tower back on the market after deal collapses
The sale of the ageing office tower had unconditionally exchanged in 2023
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AustralianSuper unveils new £8bn investment plans for UK
The fund’s chief executive has said the UK remains an “attractive location” for investment.
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Losses rocket at IWG but founder confident as group produces record revenue
Global flexible office giant IWG has reported an 80% increase in pre-tax losses.
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Invesco and YardNine secure Japanese firm Shionogi at Fifty Paddington
Just 25,000 sq ft remains at the Paddington office-led development in London.