Property Week News Feed

Property Week News Feed
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Updated: 39 min 18 sec ago

DB Cargo appoints Glenny to sublet space at London Eurohub

Fri, 04/16/2021 - 16:26
DB Cargo has appointed Glenny to sublet space at London Eurohub.
Categories: Property

Pandemic pauses the rise of London’s tall buildings

Fri, 04/16/2021 - 15:34
The number of planning applications and construction starts on tall buildings in London nosedived last year as a result of the coronavirus pandemic, an industry survey has revealed.
Categories: Property

Office take-up plummets in Edinburgh and Glasgow

Fri, 04/16/2021 - 13:31
Office take-up in Edinburgh and Glasgow has plummeted due to the Covid-19 pandemic, research from CBRE has revealed.
Categories: Property

Edmond de Rothschild REIM snaps up Merlin Wharf for £60m

Fri, 04/16/2021 - 13:13
Edmond de Rothschild Real Estate Investment Management (EDR REIM) has bought its second build-to-rent residential development, the £60m Merlin Wharf in Leicester.
Categories: Property

ASI looks to buy IM Properties’ £90m Amazon shed in Hinckley

Fri, 04/16/2021 - 11:54
Aberdeen Standard Investments (ASI) is in talks to buy a warehouse let to Amazon in Hinckley for £90m, representing a yield of over 3%.
Categories: Property

Tesco in talks on £100m Pets at Homes distribution centre funding

Fri, 04/16/2021 - 10:46
Tesco Pension Fund is in talks to forward fund the development of Pets at Homes’ Staffordshire distribution centre in a near-£100m deal.
Categories: Property

ASI to forward fund £110m Next distribution centre sale and leaseback

Fri, 04/16/2021 - 10:41
Aberdeen Standard Investments is to forward fund the £110m sale and leaseback of Next’s new distribution centre as the retailer looks to expand its operations.
Categories: Property

MCR Property Group office purchase ‘first of 100’ in Scotland

Fri, 04/16/2021 - 06:00
MCR Property Group has snapped up an office building in Glasgow in the first buy of a new strategy to buy 100 assets north of the border in the next three years, Property Week can reveal.
Categories: Property

Covid slashes top dog salaries and bonuses

Fri, 04/16/2021 - 01:00
Account filings show sharp fall in executive pay in 2020 due to the pandemic
Categories: Property

March is the worst month on record for net outflows from funds

Fri, 04/16/2021 - 01:00
Volatility attributed to ‘ISA season’ as investors flee to equities, withdrawing £589m from open-ended funds.
Categories: Property

Office rent collection strong but retail lags

Fri, 04/16/2021 - 01:00
Offices account for lion’s share of March quarter rents paid to major landlords.
Categories: Property

Industrial and logistics yields set to hit a new record low of 3.5%

Fri, 04/16/2021 - 01:00
Average industrial and logistics yields remain at their lowest on record for the fifth consecutive month – and Savills is predicting they will contract further before the end of the year.
Categories: Property

Former Cushman associate director joins Wrenbridge

Thu, 04/15/2021 - 17:15
Wrenbridge has appointed former Cushman & Wakefield associate director Harry Gibson. In his new role as associate director at Wrenbridge, Gibson’s focus will be on sourcing and managing a number of commercial projects in the developer’s £1bn portfolio.
Categories: Property

​Glenhawk cooks up expansion plan with new hire

Thu, 04/15/2021 - 16:57
Challenger lender Glenhawk has appointed Christie Cook to the newly created role of head of product.
Categories: Property

Grosvenor’s former head of retail leasing joins PKL Delivery Kitchens

Thu, 04/15/2021 - 16:42
PKL Delivery Kitchens has hired Grosvenor’s former head of retail leasing Charlie Farr to lead the delivery-only kitchens venture.
Categories: Property

CPS urges planning rethink to boost role of smaller builders

Thu, 04/15/2021 - 16:30
Smaller house builders face being “squeezed out of the system”, a new report has warned.
Categories: Property

FEC lands funding for Manchester scheme New Cross Central

Thu, 04/15/2021 - 16:27
Developer Far East Consortium (FEC) has secured financial backing from The Bank of East Asia to support the development of New Cross Central in Manchester.
Categories: Property

Michael Zerda to rejoin LaSalle from Blackstone

Thu, 04/15/2021 - 16:24
Michael Zerda is set to rejoin LaSalle Investment Management to become head of European debt and special situations, following a stint as head of Europe for Blackstone’s real estate debt strategies.
Categories: Property

HUB hires managers from Greystar and CBRE

Thu, 04/15/2021 - 16:20
HUB Group has hired a development manager from Greystar and business development manager from CBRE, Property Week can reveal.
Categories: Property

Trio of London Colliers agents join Avison Young

Thu, 04/15/2021 - 16:17
Avison Young has appointed a trio of Colliers agents to its central London markets team.
Categories: Property

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