Property Week News Feed

Property Week News Feed
Updated: 2 hours 33 min ago

Ballymore lets office space at Embassy Gardens

Tue, 06/01/2021 - 15:44
Ballymore has let 5,800 sq ft at its Embassy Gardens scheme in Nine Elms to Perrett Laver, a global executive search firm.
Categories: Property

Rasmala Group snaps up Manchester Tesco for £28m

Tue, 06/01/2021 - 11:55
The Rasmala Group has bought a Tesco superstore in Hattersley, Manchester, for £28.6m.
Categories: Property

IPUT acquires 2.8m sq ft site near Dublin airport

Tue, 06/01/2021 - 11:54
IPUT Real Estate has acquired a 2.8m sq ft development site near Dublin airport.
Categories: Property

Tristan opportunity fund acquires £862m German portfolio

Tue, 06/01/2021 - 11:50
The Tristan opportunity fund has acquired a £862m German portfolio.
Categories: Property

Logicor completes 316,000 sq ft Bristol shed letting to Amazon

Tue, 06/01/2021 - 11:10
Logicor has completed its letting of a 316,000 sq ft warehouse in Bristol to Amazon – five months after Property Week revealed that the internet retailer was under offer on the building.
Categories: Property

Peek & Cloppenburg bags Magasin du Nord

Tue, 06/01/2021 - 11:02
Peek & Cloppenburg has bought the Danish department store business Magasin du Nord, which was formerly owned by Debenhams.
Categories: Property

Patrizia pays M7 £34m for Birmingham industrial estate

Tue, 06/01/2021 - 11:00
M7 Real Estate has sold Wednesbury Trading Estate to Patrizia for £34m on behalf of Tristan Capital Partners’ core-plus fund, Curzon Capital Partners V Long-Life LP.
Categories: Property

Aldgate Developments sells One Braham for more than €500m

Fri, 05/28/2021 - 16:36
Aldgate Developments has sold BT’s new London headquarters to German investor Union Investments for more than €500m (£429m).
Categories: Property

Acuitus’ June catalogue taps demand for high-street redevelopment opportunities

Fri, 05/28/2021 - 15:52
Acuitus has unveiled a 58-lot catalogue for its auction next month.
Categories: Property

​Tempur Sealy acquires Dreams for £340m

Fri, 05/28/2021 - 15:23
Beds specialists Dreams has been bought by mattress and bedding manufacturer Tempur Sealy for £340m.
Categories: Property

Oxford Properties snaps up Astra Zeneca asset

Fri, 05/28/2021 - 11:47
Oxford Properties Group has extended its global life sciences property portfolio with the acquisition of 310 Cambridge Science Park.
Categories: Property

Workspace platform Kitt nets £3.6m in new fundraising round

Fri, 05/28/2021 - 11:25
Workspace platform Kitt has raised $5m (£3.6m) in seed fundraising, taking the total amount raised by the business to $7.5m.
Categories: Property

U+I lets refurbished warehouse at Morden Wharf

Fri, 05/28/2021 - 06:27
U+I has signed a lease with MDM Props at Morden Wharf with a commitment to keep the creative industries business on site indefinitely.
Categories: Property

Property Week welcomes new trio to diversity board

Fri, 05/28/2021 - 01:00
Property Week welcomed three new members to its Diversity & Inclusion Editorial Advisory Board ahead of its second virtual meeting last week.
Categories: Property

Number of construction starts in Q1 87% down year on year

Fri, 05/28/2021 - 01:00
The total number of new construction starts in the first quarter of 2021 was 87.3% lower than in the first quarter of 2020 and 128.8% lower than in the first quarter of 2019, according to new data from Datscha.
Categories: Property

Shawbrook hits target to lend £1bn to developers year early

Fri, 05/28/2021 - 01:00
The bank provided 92 loans with a value of £380m to UK property developers in the 12 months to April.
Categories: Property

Hammerson appoints McKinsey for business review

Thu, 05/27/2021 - 20:41
Hammerson has appointed management consultants McKinsey & Company to advise on its ongoing strategic review, Property Week can reveal.
Categories: Property

Real estate loan volumes growing steadily

Thu, 05/27/2021 - 16:33
Real estate loan volumes were just 6% behind pre-pandemic levels in December 2020, after plunging to a five-year low earlier in the year.
Categories: Property

AEW signs five-year deal with online retailer

Thu, 05/27/2021 - 15:59
AEW UK Investment Management has fully let its speculative development portfolio with a five-year deal agreed for 512,000 sq ft of logistics space in Wakefield, West Yorkshire.
Categories: Property

Strettons appoints investment director

Thu, 05/27/2021 - 15:42
Property advisory firm Strettons has appointed Rapleys investment partner Jonny Doulton as its new investment director.
Categories: Property