Property Week News Feed

Property Week News Feed
Updated: 2 hours 47 min ago

Shaftesbury create new property insights role

6 hours 26 min ago
Shaftesbury has appointed Matt Thompson to the newly created role of head of property insights.
Categories: Property

Henry Boot forms tech joint venture for Cheltenham development

8 hours 10 min ago
Henry Boot and international tech campus developer Factory have formed a joint venture to target the UK tech sector.
Categories: Property

Derwent acquires wing of Bush House

8 hours 26 min ago
Derwent London has acquired the seven-year headlease interest in the South West Wing of London’s Bush House for £13.5m.
Categories: Property

Howard de Walden Estate returns to renovated Marylebone office

8 hours 56 min ago
The Howard de Walden Estate will return to its historic office at 23 Queen Anne Street in Marylebone this month, following a two-year renovation of the building, Property Week can reveal.
Categories: Property

Sunset Studios duo to invest £700m in Hertfordshire studio

Sun, 08/01/2021 - 21:59
Blackstone and Hudson Pacific Properties, the duo behind US brand Sunset Studios, are set to invest £700m in a film, TV and digital production studio in Broxbourne, Hertfordshire.
Categories: Property

South West lots sell well at Clive Emson’s latest auction

Fri, 07/30/2021 - 17:41
Clive Emson’s fifth auction of the year saw all the lots listed in the South West sell – with most sparking bidding wars.
Categories: Property

Therme Group chosen to develop £200m wellbeing resort in Toronto

Fri, 07/30/2021 - 17:40
Therme Group has been chosen by the Government of Ontario to develop a C$350m (£200m) wellbeing resort at Toronto’s Ontario Place.
Categories: Property

City office vacancy hits 9%, but space under offer rebounds

Fri, 07/30/2021 - 16:20
The City of London office market vacancy rate has hit 9%, but June also saw the most space go under offer since the start of the Covid-19 pandemic.
Categories: Property

Anglo Fortune Asset Management snaps up Grosvenor building for PRS scheme

Fri, 07/30/2021 - 16:17
Anglo Fortune Asset Management has bought the freehold to a building in Mayfair from Grosvenor for £37m with plans to develop the property into a PRS scheme, Property Week can reveal.
Categories: Property

SEGRO poised for “record year” after strong H1 performance

Fri, 07/30/2021 - 15:46
SEGRO is on track for a “record year” after posting strong first-half results including a 12% increase in net asset value (NAV) and pre-tax profit up by 19% compared with the same period last year.
Categories: Property

Hillview Real Estate lets Leeds office to flexible workspace operator

Fri, 07/30/2021 - 15:39
Flexible workspace operator Wizu Workspace has taken Richmond House at Lawnswood Business Park in Leeds on a 10-year lease at a rent of £17.50/sq ft.
Categories: Property

HBD X Factory chosen for £1bn first phase of Cheltenham scheme

Fri, 07/30/2021 - 15:28
Cheltenham Borough Council has picked HBD X Factory as development partner on the first phase of its £1bn cyber and digital Cheltenham scheme.
Categories: Property

Brookgate gets green light for Cambridge Station mixed-use scheme

Fri, 07/30/2021 - 14:42
Developer Brookgate has received planning permission for a mixed-use scheme that will provide amenities to Cambridge Station.
Categories: Property

CALA Homes sells £31m Berkshire plot to housebuilder Vistry

Fri, 07/30/2021 - 14:29
CALA Homes (Thames) has sold a 10.2-acre parcel of land in Berkshire to housebuilder Vistry Group for £31m.
Categories: Property

Ballymore and Sainsbury’s partner for £1.7bn Ladbroke Grove regeneration

Fri, 07/30/2021 - 13:51
Ballymore and Sainsbury’s have partnered to develop an 18-acre regeneration scheme with a GDV of £1.7bn at Ladbroke Grove, London.
Categories: Property

Crown Commercial Service names 45 firms for £500m real estate framework

Fri, 07/30/2021 - 12:13
Some 45 real estate consultancy firms have been confirmed as the suppliers of real estate services for the Crown Commercial Service (CCS) as part of a £500m framework.
Categories: Property

Canning O’Neil and Savills to market 130,000 sq ft refurbished Manchester office

Fri, 07/30/2021 - 10:39
Canning O’Neil and Savills have been appointed to market a 130,000 sq ft office in Manchester on behalf of property and investment company CEG, following its refurbishment.
Categories: Property

Custodian sells portfolio of five industrial assets

Fri, 07/30/2021 - 08:25
Custodian REIT has sold a portfolio of five industrial sites for £23.4m.
Categories: Property

Stenprop reports rising rent and improving collection rates

Fri, 07/30/2021 - 08:14
Industrial property group Stenprop has revealed a rise in rental income and occupancy for the three months to the end of June.
Categories: Property

Parsons boosts CO-RE team in central London

Fri, 07/30/2021 - 01:00
Central London developer CO-RE has hired Alex Parsons as a senior development manager as it gears up to deliver a series of London projects.
Categories: Property