Riya Makwana
Riya writes news and the data page for Property Week.
Contact info
- Tel:
- 020 8253 8742
- Email:
- riya.makwana@propertyweek.com
NewsDomestic tourism set to drive UK hotel market recovery by 2024
Domestic rather than overseas tourists are set to drive the recovery of the UK hotel market, but UK tourism demand is not expected to return to pre-pandemic levels until 2024, predicts CBRE in its latest Hotels Pan EMEA Market Update.
- Online
Barings secures £250m finance for UK portfolio
Barings has secured £250m real estate debt from Phoenix Group to expand its UK portfolio.
- News
Warehouse space under offer reaches record high in Q1 2021
A record level of warehouse space was under offer at the end of Q1 2021, totalling 16m sq ft across 55 units, according to data from CBRE.
- Online
Countryside gets green light for north-west London scheme
Countryside has received planning approval from the London Borough of Brent for all four phases of Peel in Kilburn, north-west London.
- News
Investment volumes across Europe plummeted 27% in 2020
European real estate investment volumes nosedived 27% last year as Covid took its toll – with Brexit relegating London to second place behind Paris at city level.
- Online
St Modwen teams up with Oxford University college for resi and industrial scheme
St Modwen has partnered with Merton College to develop 1,250 homes and 900,000 sq ft of logistics for a mixed-use scheme in Worcester.
- Online
FORE Partnership appoints associate director
FORE Partnership has appointed Giles Edwards as associate director, where he will be responsible for driving asset management.
- Online
Naval Club Mayfair goes on sale for £35m
The Naval Club building at 38 Hill Street in Mayfair, London, has hit the market for £35m.
- Online
Santander appoints Colliers to manage property disposal programme
Santander has appointed Colliers to oversee its property disposal programme, following the bank’s announcement that it plans to close 111 of its branches across the UK.
- Online
Ecommerce drives record warehouse development in 2021
UK warehouse space is set to grow by 40m sq ft in 2021, according to data from Knight Frank.
- Online
Hadley Property Group and Clarion Housing Group submit plans for Homebase redevelopment
Hadley Property Group and Clarion Housing Group have submitted a planning application to redevelop a former Homebase store in Goodmayes, Redbridge.
- Online
Aston Chase appoints ex-Savills regional director as lettings director
Aston Chase has appointed former Savills regional director Arron Bart as lettings director.
- News
Knight Frank tips senior housing sector to grow 10% by 2024
The number of units in the later living sector is set to grow 10% in the next three years, according to Knight Frank.
- Online
Demand for city homes increases as lockdown rules ease
Demand for city homes increased by 0.4% in Q1 2021, as prime central London recorded its first quarterly price growth since 2019, according to Savills.
- Online
Oxenwood makes four senior appointments
Real estate investment manager Oxenwood has made four senior appointments to support its business expansion.
- Online
JLL launches urban and city logistics team
JLL has launched an urban and city logistics team as demand for urban industrial space increases.
- News
London flex office sector poised to recover from Covid slump
Colliers predicts demand from flexible office space providers in London will bounce back this year after nosediving last year as a result of the pandemic.
- Online
Final two units sold at Muse’s Leeds logistics hub
Muse Developments has sold the final two units of its Logic Leeds logistics hub for an undisclosed sum.
- Online
Pi Labs hires US venture partner Ivan Ramirez
Pi Labs has hired entrepreneur Ivan Ramirez as a venture partner to lead the company internationally.
- Online
British Land secures two tech companies at its London campus
British Land has leased 30,000 sq ft of workspace at its London campuses to tech companies Vorboss and Anaplan.
