Oxford Properties holds 50% leasehold stake in City development
North London club raises £637m in refinancing
Jamie Olley leaves Savills after three-year stint
Rose will replace current RBS group chief executive Ross McEwan
Eastman Dental Hospital and former Royal Free Hospital will be redeveloped as 256,837 sq ft scheme.
Industrial-led portfolio has delivered an ungeared total return of 2.9% for the year ended 30 June.
Stenprop has completed the acquisition of 100 industrial units across the UK
Property is currently home to tenants The Comedy Store and Tiger Tiger
Goldstone Commercial has purchased building known as the Forum
Savills believes activity in 2019 could end up in line with 2017, when US$1.7tn was invested
Review could boost project’s affordable housing to 40%
Mondelez will take 55,000 sq ft at the Arlington-owned business park
MPs remain “unconvinced” that the sale last year represents the best value in the long term
We Company will appoint a new lead director before 2020
The newly formed agency has been appointed by CKL to find a new food and beverage brand for the site
The fund is aiming to deliver an annual 14-16% net internal rate of return to investors
Flexible office space could grow to account for between 6.5% and 22% in 11 years’ time
Promotion and two new hires boost JLL’s City of London office
Allsop had been instructed to seek £200m for the property
A Preqin survey found 23% of investors expect the asset class to perform worse in the next 12 months
Pair complete £62m acquisition of 33 Kingsway, WC2, from Aviva investors
JLL forecasts significant fall in investment owing to political uncertainty
Plans have been submitted to redevelop and extend the Old Bank Building in Manchester
The 1.4-acre freehold site was put up for sale in March with a price in excess of £45m
Group’s portfolio increases to 63 assets
Investor reports 7.4% rise in net asset value per share
Hires reflect ‘increasing momentum of expansion programme’
Barclays has around 20m sq ft in real estate
Investment activity is up in central and eastern Europe, says Savills
The 300,000 sq ft office block at 81 Newgate Steet, EC1, will be vacated by BT in around 2.5 years
The building was put up for sale in May for £65m
The acquisition will add to Criterion’s West End portfolio
Firm obtains £60m finance to purchase and refurb property
It is understood to have appointed CBRE to help it find around 70,000 sq ft
Information Commissioner raises concerns over use of live facial recognition at King’s Cross
Two US pension funds invest $175m into fund targeting European value-add real estate.
The building society is creating a Midtown tech hub and investing £350m to revamp its branch network
Department stores sales increased for the first time this year in July, according to the ONS.
Shobi Khan takes the helm as Canary Wharf Group looks to diversify and expand.
430-bedroom Radisson Blu hotel planned for 535-acre theme park project.
Uplift in portfolio value boosts shares
Grant Thornton does not intend to seek reappointment for its role when its term expires in September
Henderson Park Real Estate Management has agreed terms to takeover Green REIT for around €1.3bn
Sir George Iacobescu calls time on his role as chief executive of Canary Wharf Group
London’s drop of a third eclipsed by falls elsewhere.
New regulations on fixed-odds machines resulted in a 45% drop in gaming revenues in Q2
IWG has agreed to sell its operations in Taiwan to TKP Corporation
Serviced office group takes four floors in its first location outside the US
Fund sees further “signs of capitulation” in the retail sector, with early forced sellers emerging.
Top law firms are taking a new approach to how they manage their homes