Dublin-based Green REIT has reported a 1.6% NAV rise to €1.2bn in its interim results for the six months to 31 December 2017.
Hammerson’s Ben O’Neill has been appointed commercial director of Old Oak and Park Royal Development Corporation
PRS REIT has raised £250m through a share placing with plans to launch a portfolio of more than 10,000 new-build family homes in the private rented sector.
Grainger has appointed a new director of land and development to “further strengthen its development capability to support its growth plans”.
Cert Property has submitted a planning application to redevelop a 35,000 sq ft office building in the Manchester’s Northern Quarter.
M&G Real Estate has completed an initial close of its first value-add fund – the M&G UK Enhanced Value Fund (UKEV) – with investor commitments totalling £125m.
Muse Developments has secured planning consent for a 60,000 sq ft office building at the £145m mixed-use regeneration scheme Stockport Exchange, Greater Manchester.
Disability support organisation Purple has launched a membership offer to businesses at a conference jointly hosted by the British Property Federation and Revo.
International consultancy Dar Group is to build a 185,000 sq ft mixed-used scheme, which will include a new HQ for the company, at 150 Holborn, EC1.
US bank Citigroup this week became the latest corporate to announce plans to set up an innovation centre in London.
Patrizia Immobilien AG has acquired the Apex House office complex in Edinburgh from Catalyst Capital for £26m.
British Land is honing its PRS strategy as it considers a major entry into the build-to-rent sector
Italian bank UniCredit has appointed agents to search for a new 60,000-80,000 sq ft London headquarters.
Canary Wharf fintech accelerator Level39 has increased its membership by 61% since the EU referendum and two member companies are in talks to secure leases on the wider estate
Sumitomo Mitsui Banking Corporation Europe has signed for 161,000 sq ft at British Land and GIC’s 100 Liverpool Street redevelopment at Broadgate, EC2.
Stanhope and housing association Network Homes have signed a new circa £200m joint venture deal to complete around 550 homes, regenerating a large light industrial site next to Southall railway station in the Southall Housing Zone, Ealing.
WP Carey managing director Arvi Luoma has been promoted to head of European investments.
Barings Real Estate has financed the £201m acquisition of No. 1 Spinningfields in Manchester by a joint venture set up and managed by Schroder Real Estate Investment Management with an £81m facility.
Post-acquisition, Empiric will own 459 beds in Southampton amounting to approximately 9% of Southampton’s private PBSA.
NatWest and Royal Bank of Scotland have appointed Phil Hooper as head of real estate finance.
Monzo, the challenger bank, is leading a pack of second and third generation tech start-ups expanding their office take-up in central London.
Barclays Bank is nearing a deal to prelet circa 600,000 sq ft in Manchester city centre in a move to create a North of England mega-campus
Is there a mismatch between market sentiment and reality? Knight Frank thinks so. The discrepancy between gloomy headlines and uplifting data and forecasts was the theme of its central London breakfast event this morning.
The Government Property Unit has completed the 187,205 sq ft letting for HM Revenue of Customs at BAM Properties, TCP Developments and Legal and General Investment Management’s Atlantic Square in Glasgow.
Convene, the US meeting space and flexible workspace provider backed by Brookfield Property Partners, has instructed agents to find its first London locations as it embarks on a global expansion drive.
Prosperity Capital Partners has submitted a planning application for a £175m residential-led scheme at the former Boddingtons Brewery site in central Manchester.
Ask Real Estate and the Richardson family have formed a joint venture with Patrizia UK to bring forward 750,000 sq ft of offices at First Street in Manchester city centre
Gateshead Council has submitted a planning application to deliver the first speculative office development in the town centre in nearly a decade
Worthington Properties has announced plans to return Liverpool’s iconic North Western Hall to its original use as a hotel.
Barings Real Estate Advisers has agreed a £34.7m mortgage loan to fund Atlas Residential and IP Investment Management’s acquisition of a 238-unit build-to-rent development in Greater Manchester.
LXi REIT has completed a £3.4m sale and leaseback deal with the Stobart Group of the freehold interest in the Stobart biomass storage and processing plant in Rotherham, Yorkshire.
Industrial investor Hansteen has agreed to the £116m sale of the Industrial Multi Property Trust portfolio to an entity owned by Warehouse REIT.
Student accommodation manager and developer Unite Students has added a fifth Edinburgh asset to its portfolio with the £24m purchase of 123 Fountainbridge.
This week, TH Real Estate’s “Can of Ham” at 70 St Mary Axe, EC3, topped out
Property have little confidence that the government will secure a successful outcome from Brexit negotiations, according to BPF survey
Wells Fargo may have commissioned a life-size replica of its iconic logo (a red and gold stagecoach) for the lobby of its new London headquarters at 33 Central, EC4, but there won’t be much else about the office building that reads “traditional bank”.
Savills Investment Management has completed the acquisition of two London office buildings for a combined circa £500m on behalf of Korean and Taiwanese investors.
Ministry of Sound, the multimedia entertainment business behind the renowned London nightclub, is eyeing regional city centre sites for the launch of a new co-working operation.
Leeds saw a record-breaking year in 2017 with city centre office take-up reaching more than 1m sq ft – the highest level so far.
Moda and Apache Capital have engaged sister company Caddick Construction in one of the first major private contracts to be back on site within two weeks of the Carillion collapse.
easyHotel is reviewing its long-term financing options, including raising new debt and equity capital as it looks at more, and larger, development opportunities.
Big Yellow Group has appointed Landmark Trust chief executive Dr Anna Keay as a non-executive director with effect from 1 March 2018.
The West of England Ship Owners’ Insurance Services has appointed agents to sell the freehold of its office at Tower Bridge Court, SE1.
Swedish bank Handelsbanken is nearing a deal to set up a new Manchester office at AEW Europe’s 101 Barbirolli Square
GLS Estates is close to completing its first deal, a £76m Midtown office acquisition on behalf of Singaporean investors
Credit Suisse Asset Management has instructed agents to sell 45 Folgate Street, E1, for more than £25.3m – a net initial yield of 4.78%.
Brewin Dolphin has chosen Barings Real Estates Advisers’ 8 Waterloo Place, SW1, for a small private office-style arm in the West End.
Bruntwood chief executive Chris Oglesby has pledged to “disrupt” the property market through “innovation of our customer proposition” as the group reported a 14% increase in net assets
Trilogy Real Estate and LaSalle Investment Management have announced four lettings at Republic, the “next-gen workplace campus” in East India Dock, E14, aimed at companies priced out of central London and Shoreditch
Hong Kong financial services group Hao Tian Development has exchanged on a £130m deal to buy the Corn Exchange in the City of London, EC3.