All Weekly news articles – Page 8
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News
Elysian spreads its wings in the UK
US luxury retirement living developer Elysian Residences has stepped up its UK expansion by acquiring two new sites.
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First Panattoni buys Elstree warehouse for record price
The developer has paid more than £3m per acre for the former Sainsbury’s site just outside the capital.
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CBRE GI to sell Eagle House
CBRE Global Investors has put an office and retail scheme in London’s St James’s on the market for £55m.
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Online
Telereal Trillium puts £280m portfolio on market
Hayhill portfolio consists of 98 DWP-let regional offices
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Vesta launches online platform to give institutions access to the PRS
Proptech start-up Vesta has launched an online platform to bring together institutional investors and sellers of traditional PRS properties.
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US PE firms make key senior appointments
US private equity firms Blackstone and Starwood Capital Group have both made key senior hires.
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New Swiss Life fund snaps up two regional offices for £72m
Mayfair Capital Investment Management has acquired two regional office buildings for just over £72m for a new Swiss Life Asset Managers real estate fund.
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Retirement living firms fight on in battle against SPG
McCarthy Stone, Churchill Retirement Living, Renaissance Retirement and PegasusLife are fighting back in their legal battle against the mayor of London Sadiq Khan’s planning rules.
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GMCA in talks with Network Rail to develop station sites
Chief executive Eamonn Boylan says the GMCA wants to ‘realise value’ of public land around 98 train stations.
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Government commits £866m to meet housing target - property reacts
The government has committed £866m to fund work to free up more sites for housing developments.
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Online
Capita shares plunge almost 40% after profit warning
Shares in outsourcing firm Capita have collapsed to their lowest level in 15 years this morning, following a profit warning from the group, which like Carillion, is a major government contractor.
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Online
Crane survey reveals jump in regional construction - property reacts
UK regional cities are reporting record levels of construction activity with residential development dominating.
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Online
Property heavyweight John Baker launches venture to develop £2bn South East offices
Baker Lorenz co-founder John Baker has launched a venture aiming to develop 2m sq ft of new office space across the South East in collaboration with Sir Robert McAlpine.
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Online
Berkeley wins planning for modular factory
Berkeley Group has gained planning permission for a 150,000 sq ft modular factory in Kent which will produce up to 1,000 properties a year.
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Westbourne bags £200m Regent's Park opportunity
Investor in negotiations with Westminster council over plans for residential development.
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Brockton Capital’s Mailbox full following WSP pre-let
Engineering firm will occupy 47,000 sq ft at the refurbished Birmingham scheme and plans to move 700 staff.
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Online
Presidents Club to close down after sexual harassment allegations
The all-men’s club at the centre of a sexual harassment storm following an undercover sting by the Financial Times will not host another event and has shut its doors.
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Online
‘Devastating outcome’ for leaseholders as court rejects Mundy appeal to slash costs
The Court of Appeal has ruled against changes to the way in which leaseholds are calculated in the case of Mundy v the Sloane Stanley Estate.
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Online
Madison withdraws £240m City sale
Madison International Realty has withdrawn the £240m sale of the Houndsditch Estate in the City of London from the market.