Property Week News Feed

Property Week News Feed
Updated: 2 hours 12 min ago

​MMU’s £35m SODA scheme gets go-ahead

Fri, 12/14/2018 - 11:45
Manchester Metropolitan University’s plans for a £35m School of Digital Arts (SODA) on Higher Chatham Street in Manchester have been approved by Manchester City Council.
Categories: Property

Octopus and Rangeford to develop Cotswolds retirement village

Fri, 12/14/2018 - 11:34
Octopus Healthcare and Rangeford Holdings have announced plans to develop a retirement village on the outskirts of Cirencester in the Cotswolds.
Categories: Property

​Turnstone plans £50m Southend leisure scheme

Fri, 12/14/2018 - 11:21
Turnstone Estates has submitted a detailed planning application for its £50m Seaway leisure scheme in Southend-on-Sea.
Categories: Property

Elmloch gets green light for Hotspur Press redevelopment

Fri, 12/14/2018 - 11:17
Developer Elmloch has received planning permission for its redevelopment of Manchester’s Hotspur Press buildings.
Categories: Property

Starwood buys South Bank Central for £256m

Fri, 12/14/2018 - 11:01
Starwood Capital has bought the South Bank Central scheme for £256m, at a yield of 5.5%.
Categories: Property

Hana completes £185m acquisition of One Poultry

Fri, 12/14/2018 - 10:22
Hana Alternative Asset Management has completed the £185m acquisition of One Poultry in the City with the support of a £104m loan from Bank of Ireland.
Categories: Property

Starbucks UK franchise 23.5 Degrees eyes expansion

Fri, 12/14/2018 - 09:44
Coffee giant Starbucks is planning further UK expansion through its franchise partner 23.5 Degrees.
Categories: Property

Landsec spends '£2-3m' on hard Brexit preparations

Fri, 12/14/2018 - 06:00
Rob Noel, chief executive of Landsec, has revealed that the UK’s largest listed property company has spent “two to three million pounds” on preparations for a hard Brexit.
Categories: Property

L&G plans to turn Homebase store into later living scheme

Fri, 12/14/2018 - 00:00
Legal & General Capital acquires Homebase store in Bath from British Land in one of the first sales since CVA.
Categories: Property

Royale loan is biggest yet for ICG-Longbow

Fri, 12/14/2018 - 00:00
Non-bank lender provides £200m whole loan to park homes operator Royale.
Categories: Property

British Land buys London office for its flexible workspace brand Storey

Fri, 12/14/2018 - 00:00
British Land has acquired its first office building specifically for its flexible workspace brand Storey and lined up a series of deals to bolster its London office development pipeline.
Categories: Property

Miller made L&G Capital managing director of investing

Thu, 12/13/2018 - 16:58
Legal & General has moved group strategy director Paul Miller to a new role of managing director of principal investing at its L&G Capital business.
Categories: Property

PLA introduces nine academics to organisation

Thu, 12/13/2018 - 15:53
The Property Litigation Association (PLA) has introduced academics into the organisation for the first time.
Categories: Property

House of Lords criticises government’s lack of clarity on modular construction

Thu, 12/13/2018 - 14:55
The government’s lack of clarity on its presumption in favour of modular construction was repeatedly criticised at a House of Lords debate yesterday evening about the Science and Technology Committee’s report, Off-site manufacture for construction: Building for change.
Categories: Property

WeWork eyes 10 Fenchurch Avenue sublet

Thu, 12/13/2018 - 13:48
WeWork is in talks to take 45,000 sq ft of space at new City of London building 10 Fenchurch Avenue.
Categories: Property

VTS CPO joins WiredScore board

Thu, 12/13/2018 - 13:37
Chief product officer of proptech giant VTS Brandon Weber has joined digital connectivity firm WiredScore’s board in a non-executive role.
Categories: Property

GLP teams up with Everstone for $500m Indian logistics JV

Thu, 12/13/2018 - 13:30
Global Logistic Properties (GLP) has announced plans to invest $500m in the Indian logistics market as part of a new joint venture with investor Everstone.
Categories: Property

Dram deal sees Chivas Brothers let entirety of LAMIT's Blythswood Sq

Thu, 12/13/2018 - 13:22
Scotch whisky giant Chivas Brothers has let the entirety of Local Authorities Mutual Investment Trust’s (LAMIT) office building at 2-4 Blythswood Square in Glasgow.
Categories: Property

Reef to develop £50m Stevenage scheme with backing from Aviva

Thu, 12/13/2018 - 12:58
Stevenage Borough Council, mixed-use developer Reef Group and Aviva Investors have teamed up to deliver a £50m regeneration scheme in Stevenage.
Categories: Property

Catella completes purchase of APAM stake

Thu, 12/13/2018 - 11:50
European property investment group Catella has completed its acquisition of 75% of the share capital of UK investment manager APAM.
Categories: Property