Mark Dixon on how IWG aspires to be the IHG of the serviced office market

Chief executive sets out vision for growth following £320m deal with Japan’s TKP Corporation.

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Auction sales and receipts tumble in March

It was a quiet March for UK auctioneers, with the number of sales tumbling and the overall amount raised from auctions shrinking by one-third, according to the latest figures from Essential Information Group. Just 79 auctions were held across the UK last month, some 37 fewer than the 116 auctions held in March 2018. Lots […]

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Slow start in South Africa for BIDX1

The auctioneer teamed up with South African firm Pam Golding Properties

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HS2 train and river

HS2’s £600m property spree revealed

A total of 902 properties have been bought to allow the construction of the £56bn rail project

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Markerstudy eyes up Manchester office after striking Co-op deal

It is looking to take 70,000 sq ft to house Co-op insurance arm, CIS General Insurance

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Goldcrest launches urban co-living brand

Developer Goldcrest has expanded into the co-living market with a brand called Kör. The venture, which focuses on urban living, is aimed at young people seeking “alternative, progressive and affordable” ways of renting in inner cities. Developments will range from 50 to 200 rooms, incorporated into smaller homes. In each home, five to six people […]

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Goldman Sachs enters UK BTR sector

£118m debt facility will fund construction of Birmingham’s tallest residential building.

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Intu-Derby

Intu offloads 50% Derby mall stake for £186m

Shopping centre owner forms 50:50 joint venture with Cale Street Investments.

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Ed Parsons Google

Google Maps: the world’s biggest ‘surveying’ practice

With over 1bn users contributing information, everyone can be a “surveyor”, says Google’s Ed Parsons

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Camberwell Green Magistrates' Court

Criterion Capital swoops on Camberwell court site

Criterion Capital has acquired Camberwell Green Magistrates’ Courts, SE5, for £13.5m from HMCTS.

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Blackfriars Crown Court

HM Courts orders £350m disposal programme

The team rationalising the estate aims to make more than £100m from asset sales this financial year

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Green: the colour of money?

Editor’s comment: Pat Gunne and Stephen Vernon aren’t stupid, are they? Their decision this week to put Green REIT, Ireland’s first real estate investment trust, up for sale could quite easily be hailed as the top of the market. Maybe it is, but it is also pretty likely that the Dublin market in particular still has […]

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Image Source: Design Pics Inc/REX/Shutterstock

UK housing market slumps to seven-year low

Prices rose by just 0.6% in the year to February 2019, according to the latest ONS figures

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Extinction Rebellion protest at Oxford Circus. Picture: Extinction Rebellion/Twitter

West End landlords and retailers to lose out as protests continue

New West End Company chair Sir Peter Rogers calls for action to reduce effects on businesses.

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Seven tech start-ups receive £20,000 funding boost from government

The start-ups were selected under the Geovation Accelerator Programme

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Candy brothers refute ‘incoherent’ and ‘scurrilous’ £1.5bn lawsuit

The lawsuit is being brought by Michael Antony Brown, who claims to be a former business associate

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New Frontier signals extent of shopping centre woes

Shopping centre owner New Frontier Properties reports LTV of 90% as values plummet.

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Westminster City Hall

Westminster scraps office-to-resi PDR schemes

Westminster City Council has invoked “Article 4” powers to ban permitted development right schemes.

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The role of real estate in developing diversity into place

LISTEN: In this episode of the REWIRE podcast we talk to James Mitchell from Axiom Architects.

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Countryside chief operating officer leaves

Rebecca Worthington is departing from the housebuilder after four years.

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