CBRE, Hines and ProLogis along with other large property firms have invested this week more than $100m (£78m) in a fund that invests purely in proptech.
The building housing Victoria Beckham’s Mayfair flagship store is for sale for offers in excess of £40m – a 3.39% yield.
Argent boss David Partridge has been appointed to the board of trustees at the UK Green Building Council
Property companies remain positive about the growth of the proptech sector, which is set to seek £1.29m of investment in the next 12 months.
LISTEN: Newly installed chair of the Old Oak and Park Royal Development Corporation Liz Peace talks about five key challenges the project will face
Average prime West End rents in Q1 2017 were the highest since 2007, according to Savills
Hansteen has sold its property in Hawtin Park in South Wales. The 106,844 sq ft property was bought by an overseas investor for £5.15m – a 7% yield.
More than 500,000 sq ft of office space was leased in Dublin in the first quarter, according to CBRE
Jaynic has secured consent for its 114-acre Suffolk Park business development in Bury St Edmunds
Three occupiers have agreed to let space in Landid and Brockton’s Thames Tower in Reading
Aprirose has bought the Hampton by Hilton Hotel in London’s Docklands for £35m.
A 2,000-capacity live music venue in the West End has been given planning permission, ending a 10-year absence of major music venues in the area