All Offices articles – Page 6
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OnlineBLM takes 70,000 sq ft at Two New Bailey Square
Muse Developments, Legal General and Homes England (The English Cities Fund) have signed law firm BLM for 70,000 sq ft of office space at Two New Bailey Square, Manchester.
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Insight
Flexible office model is here to stay
Editor: The further we dig into the sorry story of WeWork, the clearer it becomes that the factors that led to its incredible expansion worldwide are the same factors that have fuelled its demise .
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News
BC Partners Real Estate announces first deal
BC Partners Real Estate has acquired Wingate House in London from Conegate.
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Markets
Frank Marshall Estates set to roll out Nano Park concept
Firm has earmarked development sites in Yorkshire and beyond
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Online
CLS Holdings acquires office for £13.8m
CLS Holdings is set to acquire the One Six Six office building in Harrow for £13.8m.
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Online
White City Place signs new lettings to near full occupancy
West London business district White City Place has attracted a series of new lettings that its owners and developers say will bring the three office buildings there to nearly full occupancy.
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Online
British Land secures new letting and advances first BTR scheme
British Land revealed in half-year results today that it had secured a 45,000 sq ft letting deal with Skyscanner and was progressing plans for its first build-to-rent scheme in Aldgate.
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Online
Workspace posts rise in NAV, but half-year profit dips
Workspace Group has posted a 2.7% rise in net asset value for the six months to the end of September as net rental income leapt 11% to £60.1m.
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Online
British Land NAV falls as losses rocket to £404m
British Land has suffered a 5.4% fall in net asset value (NAV) and plunging losses as the woes of the retail sector had a significant impact on the group’s half-year figures.
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Online
Flexible workspace to pump £12bn into UK over next decade
The increasing migration of flexible office space to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12bn to local economies in the next decade, according to a socio-economic study of second-city and suburban workspaces.
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Online
Hibernia raises dividend but warns on business sentiment
Irish property group Hibernia REIT has hiked its dividend for the first half of its financial year by 16.7% to 1.75 cents per share (1.5p) as its rent roll rose on the back of new lettings and rent reviews.
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Online
NAV and profit slumps at Landsec as retail woes continue to bite
Landsec has swung to a £147m loss and reported a 3.2% fall in net assets per share as the group’s retail portfolio continued to lose value following a raft of insolvencies and store chain collapses in the first half of the year.
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Online
Strawberry Place £120m development next to St James’s Park stadium gets green light
Helios Real Estate and Marrico have been granted full planning consent for a four-acre mixed-use scheme next to Newcastle United football club.
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Online
Meyer Bergman and BCP Asset Management €100m debt facility to develop Grafton Place, Dublin
Meyer Bergman and BCP Asset Management (AM) have secured a €100m (£86m) plus debt facility from Goldman Sachs to develop the office and retail development Grafton Place in central Dublin.
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Online
Tristan Capital Partners completes Bristol city centre office scheme purchase
Tristan Capital Partners’ latest real estate opportunity fund, EPISO 5, has completed the acquisition of a 1.3-acre freehold site in Bristol city centre, known as 4 Glass Wharf, from Salmon Harvester Properties and NFU Mutual.
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Online
ITV sells London Television Centre to Mitsubishi Estate London in £145.6m deal
ITV has exchanged contracts for the sale of the London Television Centre on the South Bank to Mitsubishi Estate London in an all-cash transaction for £145.6m.
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Online
Landsec targets net zero carbon status by 2030
Landsec has launched a new sustainability strategy with the aim of being a net zero carbon business by 2030.
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Online
HFD sells Aberdeen office for £80m
HFD Property Group had decided to sell its CityPark1 office development in Aberdeen to LCN Capital Partners for around £80m.
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Online
SoftBank reveals three-point plan to revive WeWork
SoftBank chief executive Masayoshi Son laid out a three-point plan yesterday to revive the fortunes of WeWork after the Japanese conglomerate reported a £5bn loss caused by a sharp writedown in its investment in the flexible workspace company.
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Online
Picton completes £18.2m Croydon office sale
Picton has completed the sale of an office building in Croydon for £18.2m.
