All articles by Rhiannon Curry – Page 19
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Online
Gallagher Retail Park set for £5m extension
KKR and Quadrant Estates have been granted planning consent for three new restaurant pods and parking facilities at Gallagher Retail Park in the Midlands.
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Sunday trading hours to be set by local councils
Chancellor George Osborne has announced that Sunday trading hours for retailers will be devolved to councils and elected mayors in his Budget speech this afternoon.
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Osborne poised to deliver first Tory budget in 19 years
Chancellor George Osborne is expected to unveil a raft of planning, housing and economic policies in today’s Budget.
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Patron buys shared equity mortgage portfolio
Patron Capital, the pan-European institutional investor focused on property-backed investments, has acquired a portfolio of 941 shared equity mortgages with a total notional outstanding balance of around £25m.
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Deal agreed for Great Charles Street PRS
Long Harbour has agreed a deal to forward-fund Birmingham City Council and Sterling Property Ventures’ private rented sector scheme at Great Charles Square.
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Titan unveils Reading residential tower plans
Titan Property Developments have revealed plans to build a new high rise residential tower on the site of the former Norwich Union building in Reading.
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John Lewis Exeter store hits the market
Land Securities and The Crown Estate are to sell their interest in John Lewis’ store in Exeter for around £19.5m, a yield of 4.5%.
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L&G hires three to UK fund
Legal General Property has appointed three asset managers to its UK Property Fund (UKPF), as the fund surpasses £2bn of assets under management.
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Pollen Estate appoints new chairman
The Pollen Estate Trust, which owns a large chunk of Mayfair, has appointed David Shaw as its chairman.
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Keyland draws up plans for 700,000 sq ft Wakefield development
Keyland Developments, the property trading arm of Kelda Group and sister-company to Yorkshire Water, is preparing a planning application for 700,000 sq ft of commercial development on a site in Wakefield.
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Strutt & Parker buys Buckinghamshire firm
Strutt Parker has acquired Buckinghamshire-based residential estate agency Roberts Newby.
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Blackstone eyes €3bn deal for mega-portfolio
Blackstone is in negotiations to buy a €3bn (£2.1bn) pan-European portfolio from Norwegian fund manager Obligo Investment Management.
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Metrocentre stake up for grabs for £125m
The Church Commissioners of England is to sell the freehold of one of the UK’s biggest shopping centres for £125m.
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Commodities firm takes top business floor at the Walkie Talkie
A US commodities trader led by a former Enron executive has agreed a deal to move into the 34 th floor of 20 Fenchurch Street, known as the Walkie Talkie.
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Rockspring lines up for RBS-owned Friars Square
Real estate fund manager Rockspring is the frontrunner to buy the Friars Square shopping centre in Aylesbury, Buckinghamshire.
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New runway could see hotel demand soar by 42%
The demand for hotel rooms at Heathrow could soar by 42%, the equivalent of an extra 3,500 beds, on the back of the Airports Commission’s recommendation for a third runway, according to Savills.
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Healthy eating brand takes space at Fitzroy Place
Healthy food concept The Detox Kitchen has secured the last remaining retail unit in Exemplar’s Fitzroy Place development for its new store.
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News
Breitling hits Bluewater
Swiss luxury technical watch brand Breitling is to open a 1,583 sq ft store at Land Securities’ Bluewater.
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Regent Street flagship for US fashion retailer
US-based women’s fashion retailer Kate Spade New York is set to move into a new flagship store on London’s Regent Street.
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Propertylink lands mixed Aussie portfolio for £148m
Investment and asset management company Propertylink, backed by Goldman Sachs and Grosvenor Group, has bought a A$303.3m (£148m) office and industrial portfolio in Australia.