All News articles
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News
Nike signs 1.3m sq ft lease at GLP’s Corby logistics hub
The East Midlands site is set to become the principal hub of Nike’s UK supply chain.
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Chase New Homes secures £48m for Brent Cross Cricklewood regeneration project
Brent Cross Cricklewood is part of one of the largest regeneration projects in Europe.
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Unite sells six student schemes to PGIM for £184m
The properties in Birmingham, Cardiff, Leicester, Liverpool, Nottingham and Sheffield are older than Unite’s portfolio average.
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Elivia Homes appoints Hutson as eastern region managing director
He will lead the company’s eastern team after moving from the central team.
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Online
Investec provides Realstar with £22m loan for Manchester multi-family scheme
UNCLE Manchester comprises studio and one-bedroom apartments in a grade II-listed former warehouse built in about 1914.
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Hillwood secures £33m loan for Crewe industrial storage facility
Crewe 335 will be 335,000 sq ft and built to BREEAM ‘Excellent’ standard.
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Colliers reports major warehouse development slowdown pushing up rents
This year Colliers is forecasting average industrial rental growth of 3.7%.
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Footasylum upsizing at Gateshead’s Metrocentre
The sports shoe chain joins EE, Primark, Clarks, Victoria’s Secret and Jack & Jones in increasing its space at the mall.
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London Square scores hat trick of acquisitions with £32m site purchase in Vauxhall
The site has consent for a 36-storey residential tower.
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Legal & General’s Wesleyan buys Edinburgh Audi dealership for £9.1m
The deal signals the start of an investor rush to acquire alternative property assets, according to Knight Frank.
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Alternative Income REIT maintains dividend target despite decline in property values
The firm’s net asset value fell 1.2 in Q1, but rent collection remained robust, at 100% for the quarter.
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Housing and data centres lead UK real estate growth projections for 2040, C&W reports
According to C&W report, a 171% increase in seniors housing stock is needed to meet demand.
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University of Bristol seeks developer for proposed £175m PBSA scheme
The first, £500m phase of the Temple Island campus is under way and scheduled for completion in 2026.
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I-RES revenue dips 4% in first quarter of 2024
The Irish residential specialist said the revenue dip reflected the impact of disposals in the second half of 2023.
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DLUHC landmark building safety case win “a warning to all building owners”
Court backs government demand that freeholder Grey GR must remediate safety issues at the Vista Tower in Stevenage.
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Propertymark ‘optimistic’ buyers will adapt to market conditions as BoE holds rate
Propertymark CEO says there are ”some reasons to remain optimistic that the housing market is recovering from shock economic factors from the last three years”.
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Online
JTRE London appoints Keegan as head of acquisitions ahead of growth push
Former head of Knight Frank’s development team is latest recruit at JTRE.
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Derwent London sees rebound in occupier demand as it seals C&W letting
The company reported growing demand with “a positive trend of broader interest across all our London villages”.
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Bloom and TPG Angelo Gordon buy Poplar Business Park for £21.5m
The buyers plan for the park to remain an industrial estate, despite the site having planning permission for 225 homes.
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Avant Homes submits plans for £20m East Midlands resi scheme
The project would include more than 80 homes, with 17 allocated as affordable.