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OnlineDerwent exchanges contracts for £170m London retail and office complex
Derwent has exchanged contracts to sell its 192,700 sq ft freehold interest in Johnson Building, 77 Hatton Garden and 5-7 Cross Street EC1 to Eurazeo Patrimoine.
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Textile manufacturer takes 75,000 sq ft at Kingsway Business Park
Textile manufacturer Cleland McIver Lifestyle has expanded its footprint at Kingsway Business Park with the acquisition of a 75,131 sq ft industrial unit.
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Industrial take-up set to exceed 50 million sq ft for 2020
Take-up of industrial warehouse space for 2020 is set to exceed 50 million sq ft, a record year for the sector, according to data from Savills.
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UK’s largest stove and fireplace manufacturer signs up to Skypark in Exeter
St. Modwen and Devon County Council have secured a 15-year lease with Stovax Heating Group – trading as Stovax Gazco – to occupy a 196,037 sq ft manufacturing unit at the Skypark development near Exeter.
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Shaftesbury selects trio of agencies to advise on retail leasing
Shaftesbury has appointed Hanover Green Retail, Cushman Wakefield and Nash Bond to advise on all aspects of retail leasing across its portfolio.
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Trebor and Hillwood submit plans for 540,000 sq ft Peterborough scheme
Trebor Developments and Hillwood have submitted planning permission for a 540,000 sq ft industrial scheme in Peterborough.
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FirstPort snaps up resi management arm of Chamonix Estates
Residential property service provider FirstPort has acquired the residential management arm of Chamonix Estates.
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Investment volumes to return to pre-Covid levels by 2022, CBRE predicts
Investment volumes are expected to return to pre-pandemic norms by 2022, according to CBRE.
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Countryside’s row with shareholder breaks out into open
A row between housebuilder Countryside and its third largest shareholder has broken out into the open.
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Aberdeen Standard Investments completes £26m SONIA-linked loan
Aberdeen Standard Investments’ (ASI) commercial real estate lending team (CREL) has completed a £26.15m loan to facilitate the purchase of ten retail warehouses by M7.
