Property Week News Feed

Property Week News Feed
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Updated: 1 hour 44 min ago

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

2 hours 55 min ago
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

2 hours 55 min ago
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

2 hours 55 min ago
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

Catella completes on APAM takeover acquisition

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

Fora acquires 241 and 251 Southwark Bridge Road in Elephant & Castle

Thu, 12/13/2018 - 11:22
Shared workspace provider Fora has completed the purchase of 241 and 251 Southwark Bridge Road in Elephant & Castle.
Categories: Property

Time Out to launch London market at LCR's Waterloo development

Thu, 12/13/2018 - 10:15
LCR has secured a 32,500 sq ft pre-let for a new Time Out Market to anchor its £200m London Waterloo development.
Categories: Property

Big Yellow makes £28m New Malden buy

Thu, 12/13/2018 - 10:04
Big Yellow has exchanged contracts to acquire the Wyvern Industrial Estate in New Malden, London for £28m.
Categories: Property

Purplebricks posts strong UK performance but losses double

Thu, 12/13/2018 - 09:40
Online estate agent Purplebricks Group has more than doubled its losses to £25.6m in the six months to October, despite growing its profits significantly in the UK.
Categories: Property

Oaknorth and ASK provide £50m loan for London development site

Thu, 12/13/2018 - 09:33
Oaknorth and ASK Partners have provided a combined facility of over £50m to fund Groveworld’s acquisition of a major mixed-use development site in King’s Cross.
Categories: Property

Oaknorth and ASK provide £50m for London development site

Thu, 12/13/2018 - 09:33
Oaknorth and ASK Partners have provided a combined facility of over £50m to fund Groveworld’s acquisition of a major mixed use development site in King’s Cross.
Categories: Property

Westmount veteran King joins Mayfair Capital to lead thematic growth fund

Thu, 12/13/2018 - 08:37
Swiss Life-owned UK investment manager Mayfair Capital has appointed Westmount co-founder Giles King as fund manager for its UK Thematic Growth Fund.
Categories: Property

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