Peter Miller was one of three key Westfield personnel to transfer to the UK in 1999
Dean Hopkins has been hired as global chief operating officer, among a series of changes at the top
Prichard will take up the chairman role for a three-year term this month, succeeding Fiona Grant
Aberdeen Standard Investments’ UK property fund has put three more retail parks on the market
Major retailers urge government to overhaul business rates
The high street vacancy rate in the UK has risen to 10.3% in the month ending 27 July
Audley Group plans first carbon-neutral retirement living scheme in Kintbury, Berkshire
Acquisition is part of programme to develop Wokingham town centre
Could the deal herald the start of a new wave of online takeovers?
The German fund manager’s operating income climbed to €79m
Investment increases by 53.6% during the first half of 2019
Construction group Morgan Sindall has posted an 18% rise in pretax profit
Former British Land head of offices takes the reins at investor and developer Henry Boot.
Five-year NatWest facility cuts REIT’s cost of debt and increases firepower.
Avison Young has made three hires for its transactional team in Scotland, including a duo from Monta
JLL appointed to market the five properties in Suffolk for circa £44m
The future of the retailer’s stores is uncertain after Boohoo acquired its online business
Simon Travis will manage premium outlets division
Mike Ashley’s Sports Direct has purchased Jack Wills for a cash consideration of £12.75m
The company has completed five new lettings spanning circa 50,500 sq ft at Castle Donington premises
Lili Zhang will begin new role on 16 September
The developer will add two to four floors of co-working space to the new sites
The famed French businessman has taken control of the company at a crucial moment for the theme park
The Iron portfolio’s facilities will be managed by SureStore Management Services
The news comes after the landlord reported a slide in its shares and portfolio values
Operating profit down around 9.4% to £311.9m on the back of rising build costs
Portfolio valuations and rental income fall in shopping centre landlord’s first-half results.
The watchdog has not yet set a deadline for its decision
EG asks David Atkins and Mark Bourgeois for their take on the wider market
Firm reports declines in net rental income as retail woes continue
Observation wheel will be tallest in Europe
The TV network has signed a multi-year leasing deal at the Lowry Outlet mall in Salford Quays
Former head of office investment at CBRE will join Knight Frank’s capital markets team
Combined property sale could raise £250m
Multi-let estate purchased for circa £20m
Third of firms plan to leave UK as Brexit looms
Aviva has signed a 35-year lease agreement with Anchor Hanover to operate the five properties
British Land begins tender process to find new partner to take London scheme forward
SEGRO has posted a 3.5% uplift in net asset value, driven by the growth of e-commerce.
Retailer will still fund VA challenge against Debenhams
Walthamstow shopping centre has suffered extensive damage after a major fire.
City Place aims to provide 430,000 sq ft of space as part of Chester’s new central business quarter
91 branches of Bathstore not bought out will be closed
Adam Metz will hold a non-executive director role at the REIT from 22 July
Council approves 101-bedroom hotel and 150-cover restaurant
New coupon is “signal of confidence” in the retail asset
It recorded a 4.4% increase in like-for-like revenue in the quarter ending 30 June
The six deals reflect a combined net initial acquisition yield of 5.83%
Regional REIT has raised £62.5m as part of a capital raising, surpassing a £50m target set in June. New shares were issued at 106.5p each. Stephen Inglis, chief executive of its asset manager, Officer of London & Scottish Property Investment Management, said the proceeds will support a “substantial pipeline” of near-term, regional investment opportunities. To […]
He will take up the non-executive directorship from 1 October.