All Online articles – Page 14
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Online
Sainsbury’s agrees HQ move to The JJ Mack Building
Sainsbury’s has agreed to move its UK head offices to Helical and Ashby Capital’s The JJ Mack Building in Farringdon, London, in the next two years.
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Trio of leases brings AXA’s 22 Bishopsgate to 92% let
AXA IM Alts has agreed a trio of new leases for more than 65,000 sq ft at 22 Bishopsgate, bringing the 62-storey prime City of London offices to 92% let.
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Adlington Retirement Living secures £75m funding to spur growth
Adlington Retirement Living has secured a £75m development facility from NatWest and Homes England that will be used to accelerate the growth of the group’s investment pipeline across England, Property Week can reveal.
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Shaftesbury secures £300m refinancing loan
Shaftesbury Capital has secured a £300m unsecured loan with an initial maturity of three years.
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Tritax EuroBox reports NAV decrease
Net asset value (NAV) at Tritax EuroBox slumped 25% in the year to the end of September as yields moved out across the property sector.
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NAV slumps at ReSI as the retirement living group swings to a loss
Residential Secure Income REIT (ReSI) has posted a 16.2% fall in net asset value (NAV) for the year to the end of September.
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Valor completes £101m loan on London urban logistics assets
Valor Real Estate Partners has secured a five-year £101m loan from Canada Life Asset Management.
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Network Rail unveils Cardiff redevelopment masterplan
Network Rail has unveiled its Cardiff Central Station redevelopment masterplan to convert over 10-acres of railway land into new mixed-use residential space.
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Clarke appointed permanent chair of Standards and Regulations Board
Nigel Clarke has been appointed as the permanent chair of RICS’ Standards and Regulations Board (SRB).
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McLaren acquires Watford Police Station and Magistrates Court for BTR scheme
Residential developer McLaren Living has acquired Watford Police Station and Magistrates Court from the Police & Crime Commissioner for Hertfordshire to deliver a 300-unit build-to-rent (BTR) scheme.
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Gove calls in proposals for Stratford’s MSG Sphere, but developer says the scheme is dead
Housing secretary Michael Gove has officially called in proposals for the Las Vegas-style Madison Square Garden (MSG) Sphere in Stratford, east London, after mayor of London Sadiq Khan rejected controversial plans for the entertainment venue.
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Scape Living puts £67m Brighton PBSA scheme on the market
Scape Living has placed a purpose-built student accommodation (PBSA) scheme in the centre of Brighton on the market, seeking offers in excess of £67m.
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LXi director John Cartwright dies aged 70
John Cartwright, a non-executive director at LXI REIT, has died at the age of 70.
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Life Science REIT lets Oxford Technology Park’s Building 6A
Life Science REIT has let Building 6A at Oxford Technology Park (OTP) to Oxford Ionics, an Oxford University spin-off firm and pioneer in quantum computing.
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Cohort agrees £175m refinancing of UK’s most expensive home
Specialist lender Cohort Capital has refinanced a £175m London mansion, once described as the UK’s most expensive home, for a private Middle Eastern bank.
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Saudi’s PIF buys 49% stake in Rocco Forte Hotels for £590m
Saudi Arabia’s sovereign wealth fund is set to buy a 49% stake in luxury hotel group Rocco Forte Hotels for around £590m, according to a report in the Financial Times.
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Crystal Palace seeks £45m to kick off football stadium redevelopment
Premier League football club Crystal Palace is seeking to raise £45m to fund the redevelopment of its stadium in south east London, according to a report from Bloomberg.
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UAE investor Aldar Properties in £230m deal to buy London Square
UAE-based real estate group Aldar Properties has completed the acquisition of UK residential developer London Square.
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The Deaf Architecture Front
The Deaf Architecture Front exists to build a bridge between the deaf community and the architecture industry, to encourage more deaf people into the sector, ensuring that the deaf community has a larger stake in the development of the built environment.
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St Modwen secures £525m lending deal
RBC Capital Markets has agreed a £525m five-year loan to help fund St Modwen’s development pipeline.