Property Week News Feed

Property Week News Feed
Updated: 32 min 59 sec ago

John Lewis takes Southampton pre-let for south coast logistics hub

2 hours 56 min ago
John Lewis has completed on the pre-let of Unit 3 at South Central in Southampton on a 15-year lease from Peel Logistics and Rockspring.
Categories: Property

M7 seeds retail warehouse fund with £70m acquisitions

3 hours 3 min ago
M7 Real Estate has launched a new fund targeting retail warehouse assets in the UK and seeded it with the acquisition of nine warehouses for £69.9m.
Categories: Property

Green light for theatre-anchored Kings Cross office scheme

3 hours 9 min ago
A 600-seat theatre is set to anchor the newest scheme for the Kings Cross Central Limited Partnership (KCCLP) after Camden Council approved plans for a 355,000 sq ft development adjacent to Coal Drops Yard.
Categories: Property

L&G acquires Manchester BTR tower

3 hours 13 min ago
Legal & General has exchanged contracts to acquire the 350-unit West Tower build-to-rent block within Renaker’s Deansgate Square scheme in Manchester.
Categories: Property

​Hines secures CMA letting at Canary Wharf

3 hours 16 min ago
Hines has let 113,000 sq ft of office space to the Competition and Markets Authority (CMA), at The Cabot in Canary Wharf.
Categories: Property

LondonMetric makes logistics double acquisition

4 hours 8 min ago
LondonMetric has acquired two recently developed urban logistics warehouses for a combined £23.5m reflecting a blended net initial yield of 4.9%, rising to 5.6% after five years.
Categories: Property

Meiklejon to head new real asset investments team at Aviva Investors

6 hours 4 min ago
The global asset management business of Aviva has appointed former Standard Life Investments real estate investments director Mark Meiklejon to head up its newly-formed real assets investment specialist team.
Categories: Property

Patrizia buys Hammersmith retail asset

6 hours 12 min ago
Patrizia Immobilien has acquired a flagship retail asset at 49-63 King Street in Hammersmith, London from Alanis Capital for €24.6m (£22m).
Categories: Property

Countrywide bows to shareholder pressure over incentive package

6 hours 41 min ago
Countrywide has backed down in the face of shareholder criticism of plans for a generous pay plan for its senior executives.
Categories: Property

Global uncertainty hits FTSE 100

7 hours 1 min ago
The FTSE 100 suffered its worst week in three months last week amid global trade fears and a worsening currency crisis in Turkey.
Categories: Property

Countrywide's shares rise on growth strategy

7 hours 1 min ago
Countrywide’s share price rose 2.74% on Monday morning to 14.94p as it issued a statement confirming shareholder approval for raising £140m of additional equity through a listing on 28 August in line with its ‘Absolute Growth Plan’.
Categories: Property

Two new senior directors for Buro Four

Fri, 08/17/2018 - 17:24
Consultancy Buro Four has begun an expansion strategy with the appointment of two new senior directors from Faithful+Gould.
Categories: Property

Paparelli to take over as head of Europe at Deutsche Bank

Fri, 08/17/2018 - 14:13
Dino Paparelli is set to take over from Roman Kogan as head of European commercial real estate at Deutsche Bank.
Categories: Property

CBRE rethinks company structure and senior roles

Fri, 08/17/2018 - 13:54
CBRE has announced a shake-up of its organisational structure and a number of senior executive promotions.
Categories: Property

Alexander Tower gets approval in Berlin

Fri, 08/17/2018 - 13:53
Developer MonArch has received the green light to create Berlin’s tallest residential tower located on Alexanderplatz.
Categories: Property

Cole Waterhouse forward-sells Wembley campus

Fri, 08/17/2018 - 11:05
Property Developer Cole Waterhouse and investment company Topland Group have forward-sold their 680 bed student campus in Wembley to Unite Students for £98m.
Categories: Property

1,400 new homes proposed in Birmingham Commonwealth Games plans

Fri, 08/17/2018 - 11:03
Birmingham City Council has unveiled its masterplan for the 2022 Commonwealth Games athletes village including plans to convert the site into a scheme comprising social housing, for sale and private rental homes and a retirement village after the games.
Categories: Property

CityBlock secures new head of ops ahead of expansion plans

Fri, 08/17/2018 - 10:22
Student accommodation developer CityBlock has hired Sanctuary Group’s Samantha Davies as its new head of operations to lead on a planned expansion.
Categories: Property

Regional REIT buys M7 portfolio

Fri, 08/17/2018 - 08:09
Regional REIT has paid M7 Real Estate £31.4m for a mixed-use UK regional portfolio.
Categories: Property

Ex-CBRE duo sets up London development consultancy

Fri, 08/17/2018 - 01:00
Jamie Gunning and Guy Passey along with former Kier man Charlie Philip will specialise in mixed-use in the capital.
Categories: Property