Property Week News Feed

Property Week News Feed
Updated: 56 min 39 sec ago

Green light for residential tower in Digbeth

1 hour 58 sec ago
PGC Capital has secured planning permission for a landmark 25-storey tower as part of a major residential development in Birmingham.
Categories: Property

Countrywide shares nosedive on profit warning

1 hour 14 min ago
Shares in Countrywide slumped 16% this morning after the estate agency group issued a profit warning – but its commercial agency business Lambert Smith Hampton (LSH) is set to post strong profit growth.
Categories: Property

CBRE GI buys Milton Keynes warehouse for £12.8m

1 hour 21 min ago
CBRE Global Investors has bought a 103,644 sq ft warehouse in Milton Keynes from Bollinwater Estates for £12.8m.
Categories: Property

Stamp duty impact yet to kick in says RICS

1 hour 24 min ago
Appetite among house buyers continued to fall in December as a cut in stamp duty for first-time buyers failed to boost the market, according to the Royal Institute of Chartered Surveyors (RICS).
Categories: Property

Caravan team picks City site for new coffee venture

1 hour 25 min ago
Rosslyn Coffee, the new coffee operator from the team behind King’s Cross restaurant Caravan, has let 78 Queen Victoria Street in the City for its debut café.
Categories: Property

Malaysian investors near £1.6bn deal for Battersea Power Station building

2 hours 2 min ago
Malaysia’s Permodalan Nasional Berhad (PNB) and the Employees Provident Fund of Malaysia (EPF) are nearing a deal to acquire the central Battersea Power Station building that values the 2.5m sq ft property at about £1.6bn.
Categories: Property

Cushman & Wakefield hires head of London cost consultancy

2 hours 37 min ago
Paul Montgomery has been appointed by Cushman & Wakefield to lead its London cost consultancy team.
Categories: Property

Corby warehouse bought by AEW UK for £12.4m

3 hours 19 min ago
AEW UK REIT has bought a 52,000 sq ft warehouse in Corby for £12.4m, reflecting a net initial yield of 10%.
Categories: Property

NewRiver closes in on acquisitions

5 hours 58 sec ago
NewRiver has said it is in advanced negotiations on more than £50m of acquisitions and revealed progress on a number of development projects.
Categories: Property

Workspace posts solid quarterly letting figures

5 hours 4 min ago
Workspace has reported solid letting figures and enquiry numbers for the final quarter of 2017.
Categories: Property

Southwark Council votes against Delancey’s Elephant & Castle plans

Wed, 01/17/2018 - 17:26
Southwark Council’s planning committee has voted against approving Delancey’s proposed 979-home redevelopment of the Elephant & Castle shopping centre.
Categories: Property

Peers quits Gerald Eve

Wed, 01/17/2018 - 16:24
Stephen Peers has quit Gerald Eve just 18 months after leading the move of the Deloitte Real Estate team to the property advisor.
Categories: Property

Guy Taylor appointed as Savills great estates director

Wed, 01/17/2018 - 15:36
Savills has appointed Guy Taylor to head up a newly formed great estates team in London.
Categories: Property

GSA completes student bed shopping spree in Germany

Wed, 01/17/2018 - 12:28
Student accommodation provider GSA has acquired multiple student schemes across Berlin, Hamburg and Frankfurt adding 1,900 beds to its German division.
Categories: Property

Parabola acquires Frasers department store

Wed, 01/17/2018 - 12:26
Parabola Property Group has acquired the iconic Frasers department store on Edinburgh’s Princes Street.
Categories: Property

Helical signs string of lettings at The Loom

Wed, 01/17/2018 - 11:16
App developer Project M is among several new tenants to take space from Helical at The Loom office development in London’s Whitechapel.
Categories: Property

Whitbread to open hotel and restaurant at Durham’s Milburngate

Wed, 01/17/2018 - 10:43
The developers of Milburngate in Durham have struck a deal with Whitbread to bring a Premier Inn hotel and a steak restaurant to the scheme.
Categories: Property

Green light for shipping container market at Reading’s Broad Street Mall

Wed, 01/17/2018 - 10:05
Moorgarth Group has secured planning permission to create a market built from shipping containers at its Broad Street Mall shopping centre in Reading.
Categories: Property

UBS buys Southwark office building for £75.7m

Wed, 01/17/2018 - 10:03
UBS Asset Management has bought the 42 Southwark Bridge Road office building in London for £75.7m, reflecting a net initial yield of 5.31%.
Categories: Property

Octopus Healthcare appoints retirement director

Wed, 01/17/2018 - 09:54
Kevin Beirne has been appointed as director of retirement at specialist housing developer Octopus Healthcare.
Categories: Property