News
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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…
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Allfunds jumps ship to Southbank
Fintech company Allfunds has signed a lease with Fore Partnership to prelet space at its TBC.London development on the Southbank. The deal will see the company take around 16,500 sq…
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Industry’s lukewarm response to Spring Statement
Chancellor Rachel Reeves’ Spring Statement has received an underwhelming response from the property sector. The statement includes the government doubling down on its commitment to “back the builders”, with the…
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Supermarket Income REIT appoints executive directors
Supermarket Income REIT has appointed new executive directors following the internalisation of its management function. Rob Abraham has been named chief executive officer, and Mike Perkins has been appointed chief…
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Eddisons grows Midlands and North West valuations teams
Eddisons has strengthened its valuations team with an appointment of two directors in its Midlands and North West offices. Tim Richardson joins the team in the Midlands, while Tom Tawn…