British Land’s head of retail park asset management, John Maddison, is leaving to join Quadrant Estates as a partner. He will join founding partners Christopher Daniel and Tristram Gethin to buy retail warehouse assets.
Bioscience boom predicted
A life sciences boom along the London-Stansted-Cambridge corridor will create 14,000 jobs by 2023, according to new research by Bilfinger GVA. The report, carried out for the London Stansted Cambridge Consortium, said the arrival of the Francis Crick Institute in King’s Cross, N1, and AstraZeneca in Cambridge would lead to 3.5% annual growth in employment in the area, boosting rents and development.
Aviva books Roomzzz
Aviva Investors has selected Roomzzz Aparthotel as the hotel operator at its £30m redevelopment of Manchester’s Corn Exchange. The new aparthotel – the second to be developed by the Parklane Group-owned firm in Manchester – is expected to open in early 2016.
Metal Exchange in at EC2
London Metal Exchange has taken nearly 40,000 sq ft at Pembroke Real Estate’s 10 Finsbury Square, EC2. It will occupy the ground, first and second floors, where quoting rents are £63.50 per sq ft. Knight Frank and Cushman & Wakefield are the letting agents; Spring4 represented LME.
Bristol tops office loss list
Bristol has lost more than 800,000 sq ft of offices over the past two years as a result of the relaxation of office-to-resi-rules, making it the UK’s most-affected regional city, after Manchester, according to Lambert Smith Hampton. The firm lists cities that have lost office space as a result of the government’s move to amend permitted development rights in May 2013.
BL’s Maddison to step down
British Land’s head of retail park asset management, John Maddison, is leaving to join Quadrant Estates as a partner. He will join founding partners Christopher Daniel and Tristram Gethin to buy retail warehouse assets.
Bioscience boom predicted
A life sciences boom along the London-Stansted-Cambridge corridor will create 14,000 jobs by 2023, according to new research by Bilfinger GVA. The report, carried out for the London Stansted Cambridge Consortium, said the arrival of the Francis Crick Institute in King’s Cross, N1, and AstraZeneca in Cambridge would lead to 3.5% annual growth in employment in the area, boosting rents and development.
Aviva books Roomzzz
Aviva Investors has selected Roomzzz Aparthotel as the hotel operator at its £30m redevelopment of Manchester’s Corn Exchange. The new aparthotel – the second to be developed by the Parklane Group-owned firm in Manchester – is expected to open in early 2016.
Metal Exchange in at EC2
London Metal Exchange has taken nearly 40,000 sq ft at Pembroke Real Estate’s
10 Finsbury Square, EC2. It will occupy the ground, first and second floors, where quoting rents are £63.50 per sq ft. Knight Frank and Cushman & Wakefield are the letting agents; Spring4 represented LME.
Bristol tops office loss list
Bristol has lost more than 800,000 sq ft of offices over the past two years as a result of the relaxation of office-to-resi-rules, making it the UK’s most-affected regional city, after Manchester, according to Lambert Smith Hampton. The firm lists cities that have lost office space as a result of the government’s move to amend permitted development rights in May 2013.
jack.sidders@estatesgazette.com
BL’s Maddison to step down
