Louisa Clarence-Smith
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West Midlands Combined Authority appoints Cadman chief executive
The West Midlands Combined Authority has appointed its first permanent chief executive.
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Newcore Capital buys 200-acre Tunbridge Wells estate
Newcore Capital Management has exchanged contracts to acquire a 200-acre agricultural estate near Tunbridge Wells, Kent, for £3.3m
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Stanhope signs two gyms to White City Place
Gyms Studio Lagree and F45 have agreed deals with Stanhope and Mitsui Fudosan to take space in the WestWorks building at White City Place, W12.
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Octane Capital appoints senior credit manager
Octane Capital has appointed Masthaven Bank’s Gemma Salousti as senior credit manager in its risk team
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UK CRE debt volumes ‘recover slightly’ in Q1
LISTEN: Laxfield Capital’s UK commercial real estate debt barometer shows demand has recovered slightly in Q1, but there are still challenging conditions for borrowing against non-core assets.
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King’s College takes South Bank space
King’s College London is taking 25,300 sq ft of offices at Europoint Centre’s 5-11 Lavington Street, SE1.
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Crown buoyed by London rental growth with NAV up 5.5%
The Crown Estate has reported a 5.5% increase to £12.4bn in the net asset value of its property portfolio for the year to 31 March
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Sadiq Khan proposes mayoral CIL reform to fund Crossrail 2
MCIL2 is intended to supersede MCIL1, which was introduced in 2012 to help finance Crossrail.
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Landsec secures new lettings at Nova Victoria
The 897,000 sq ft scheme is now 54% let.
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Average lot size of City deals hits £109.2m in May
The average lot size for commercial property investments in the City of London reached £109.2m in May – up 52% on the previous year, according to Savills
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Russian billionaire-backed fund buys Holland & Barrett
L1 Retail, the retail investment fund backed by Russian billionare Mikhail Fridman, has bought Holland & Barrett for £1.8bn
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Deutsche AM confirms £310m 2&3 Bankside buy
Deutsche Asset Management has confirmed its acquisition of Omnicom’s South Bank HQ at 2&3 Bankside, SE1, for around £310m