Bridget O’Connell
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Artisan Property poaches Bovis Lend Lease boss
Artisan Property Group has poached Bovis Lend Lease UK chief executive Jason Millett. The Manchester-based regeneration specialist has appointed Millett as deputy chief executive where he will work with Artisan’s…
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Countrywide takeover under increasing pressure
The proposed management buy-out of Countrywide is under increasing pressure as shareholders representing around 29% of the estate agency threaten the £960m deal.
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St Modwen lodges £150m Bedford regeneration plans
St Modwen Developments has submitted an outline planning application for the £150m regeneration of Bedford town centre. The 1.2m sq ft Bedford Town Centre West scheme will add 385,000 sq…
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NAI Global expands Chinese operations
American commercial property service provider NAI Global has expanded its operations in China. The New Jersey-based company has joined forces with Yuxing Real Estate, a property firm in the Zhejiang…
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Frankfurt Airport scheme secures KPMG office pre-let
International audit and consulting firm KPMG are taking a 323,000 sq ft pre-let at the Airrail Center at Frankfurt Airport in Germany.
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HBOS/Hunter bid for Crest Nicholson likely
A bid for Crest Nicholson from HBOS and Scottish tycoon Sir Tom Hunter is likely to be tabled by this Friday’s deadline according to market analysts.
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Arlington secures two Cardiff lettings
Arlington Securities, the investment management and property services businesses, has secured two lettings on behalf of private clients in Cardiff. Insurers Admiral Group has signed Friary House and Capital Tower…
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Rugby Estates agrees sale and prelets at Bedford park
Midlands-based developer Rugby Investments has forward sold the last remaining plot of land at Priory Business Park, Bedford, to MW Trustees for £5.8m.
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Tesco comes out fighting against land bank review
Supermarket giant Tesco came out fighting today after weekend speculation that the Competition Commission would try to force the retailer to sell its land bank.
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Who’ll clear the jumps?
Mayor Ken may be cracking the whip to archive his housing targets, but London’s mega-schemes still face planning hurdles. By Bridget O’Connell.
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UBS reduces stake in Amec
Financial services firm UBS has reduced its stake in Amec. UBS now holds 13.59% of the property developer, construction and engineering group’s share capital, a 0.76% decrease from the 14.35%…
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Tesco in sale and leaseback deal with BA Pension Fund
Tesco has announced the £445m sale and leaseback of 16 stores to the British Airways Pension Fund. The retailing giant entered the 50:50 joint venture to realise the funds for…