Property Week News Feed

Property Week News Feed
Updated: 40 min 53 sec ago

Gap set to axe 19 stores in the UK and Ireland

Wed, 06/09/2021 - 14:50
US retailer Gap is set to close 19 stores across the UK and the Republic of Ireland.
Categories: Property

European later living market poised for growth

Wed, 06/09/2021 - 14:50
The European elderly care property investment market is set for growth following €7.2bn (£6.19bn) of transactions last year, according to the latest Knight Frank research.
Categories: Property

Knight Frank and CBRE appointed on 100 Leadenhall

Wed, 06/09/2021 - 14:45
Knight Frank and CBRE have been appointed as letting agents at central London office block 100 Leadenhall by owners Frontier Dragon, a subsidiary of Hong Kong developer Lai Sun Development Company.
Categories: Property

TFT report warns landlords may be putting investments at risk

Wed, 06/09/2021 - 14:35
A report by property consultancy TFT shared exclusively with Property Week warns landlords may be putting investments at risk by just “blindly following building regulations” and failing to surpass expectations.
Categories: Property

Affinity Sterling Mills Outlet confirms deals with three new retailers

Wed, 06/09/2021 - 14:03
Global Mutual has signed a trio of new tenants for a total 14,000 sq ft at its 110,000 sq ft Affinity Sterling Mills outlet near Tillicoultry in Scotland.
Categories: Property

Marathon Asset Management to offload trio of Irish retail parks

Wed, 06/09/2021 - 13:55
Savills and Cushman & Wakefield have been mandated by Marathon Asset Management to market a portfolio of three Irish retail parks with a price tag of €78m (£67.2m).
Categories: Property

First-time rise for retail capital values in over three years

Wed, 06/09/2021 - 12:10
Retail capital values rose 0.1% in May – the first monthly increase in values since December 2017, according to the latest CBRE Monthly Index.
Categories: Property

MHCLG appoints a non-executive director

Wed, 06/09/2021 - 12:07
The Ministry of Housing, Communities and Local Government (MHCLG) has appointed Lord Gary Porter CBE as non-executive director to the departmental board.
Categories: Property

Sirius appoints Kenrick to non-exec role

Wed, 06/09/2021 - 08:26
German business park group Sirius Real Estate has appointed Joanne Kenrick as an independent non-executive director.
Categories: Property

Greystar raises €725m for pan-European residential fund

Wed, 06/09/2021 - 08:18
Greystar Europe Investment Management has raised €725m (£623m) for its flagship pan-European residential fund.
Categories: Property

Urban Logistics posts large rises in annual figures but divi remains flat

Wed, 06/09/2021 - 08:07
Urban Logistics REIT has posted a rise in both net asset value (NAV) and profit in the year to 31 March as warehouse space continued to boom during the Covid-19 pandemic as consumers flocked to online retailers.
Categories: Property

Boxpark to launch new concept in Bristol

Tue, 06/08/2021 - 18:12
Boxpark is to launch a new indoor food hall concept at a site in Bristol, in its first move outside the capital.
Categories: Property

Sixteen Real Estate exchanges contract for Stanley Square nursery in Sale

Tue, 06/08/2021 - 18:08
Agent Sixteen Real Estate has exchanged contracts with Kids Planet for a new nursery at the Stanley Square redevelopment in Sale, greater Manchester.
Categories: Property

Old Sheffield building to be turned into private residential apartments

Tue, 06/08/2021 - 17:53
A former grocers warehouse and coffee roastery in Sheffield is set to be turned into 40 new apartments.
Categories: Property

CALA Homes appoints sustainability analysts and forms partnership

Tue, 06/08/2021 - 17:49
CALA Homes has appointed two sustainability analysts and formed a partnership with the Construction Scotland Innovation Centre to help reach its emissions targets.
Categories: Property

H&M to open in St James Quarter, Edinburgh

Tue, 06/08/2021 - 17:29
H&M is set to open a new store in St James Quarter in Edinburgh.
Categories: Property

Oaklands development secures £50m refinancing

Tue, 06/08/2021 - 17:27
Businesses Oaklands A and Oaklands B have secured the refinancing for the scheme on Old Oak Common Lane, London, which forms part of the wider Old Oak Common regeneration scheme.
Categories: Property

Property developer banned for ‘Ponzi scheme’

Tue, 06/08/2021 - 17:22
Property developer Mitchell Mallin has been banned for 14 years for operating a £13m ”Ponzi” property scheme and transferring funds abroad.
Categories: Property

Cambridge chip-maker’s tech park HQ goes up for sale

Tue, 06/08/2021 - 16:27
A technology park in Cambridge has hit the market with a £62.4m price tag.
Categories: Property

Logicor lets Liberty Park warehouse to AX

Tue, 06/08/2021 - 16:26
Logicor has let Unit L49 at Liberty Park, Lichfield to AX on a 10-year lease.
Categories: Property