News
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Berkeley preps plans for remainder of Malt Street regeneration
Berkeley Homes has submitted initial plans for its planned Malt Street regeneration to Southwark Council. If approved, the scheme could provide more than 1,000 homes and almost 50,000 sq ft of commercial and industrial floorspace. The…
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British Land bolsters leasing powers for Canada Water labs
British Land has asked Carter Jonas to join forces with Savills to fill up Paper Yard, a 33,000 sq ft CL2 lab and office space in Canada Water, SE16. The duo…
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CNBC signs for new City of London studio
Addington has signed US business news channel CNBC for a new studio and multimedia hub in the City of London. Addington manages 10 Fleet Place, EC4, on behalf of Hong…
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Former Estates Gazette editor Peter Bill to launch weekly column
Peter Bill, former Estates Gazette editor and renowned real estate journalist, is returning to the magazine with a new weekly column, Bill Post. Bill will offer his unique and expert…
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Travelodge plans 15 UK hotel launches this year
Travelodge Group is set to open 15 new UK hotels this year. The company has already launched London Bromley and secured contracts for nine additional hotels to be rebranded and…
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DEI and real estate’s collective responsibility
Real estate players have warned of the progress that could be undone by US president Donald Trump’s pushback against diversity, equity and inclusion in governmental and corporate America. The topic…
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CLS exchanges on £100m Vauxhall PBSA development
CLS has exchanged on the sale of Spring Mews student accommodation development in Vauxhall, SE11, to Rosethorn Capital Partners and Barings for £101.1m. The purchase price is in line with…
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Pioneer’s Wilton Centre expansion gets the go-ahead
Pioneer Group’s plans to deliver a freeport development scheme at its Wilton Centre in Teesside have been given the thumbs-up. The proposed scheme comprises 148,000 sq ft of space across…
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LondonMetric agrees £44m Highcroft acquisition
LondonMetric Property has agreed the terms of a £44m takeover of Highcroft Investments, a logistics and retail warehousing-focused REIT. If the deal is approved, Highcroft shareholders will receive 4.65 new…
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Newsteer sees an opportunistic era for retailers
Retailers face a golden opportunity to capitalise on their existing real estate and help the UK government hit its housing targets, according to Brian Sloggett, chairman at Newsteer Real Estate…
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Cushman shuffles regional managing partners in the South
Cushman & Wakefield has appointed Sophia Sham as its new regional managing partner for the South West and South Wales. Having joined the consultancy eight years ago, Sham has most…
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Why there’s reason for optimism in the market
EDITOR’S COMMENT There’s a run of stories in this week’s issue that I hope underscore a growing sense of optimism in the market. A feeling that, as more than one…