News
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Why DEI needs to trump Trump
EDITOR’S COMMENT Donald Trump loomed over many a conversation at last week’s MIPIM conference about many a part of the market, and rarely for good. I spent some of Tuesday…
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PGIM makes three SFH acquisitions
PGIM Real Estate has made three single-family housing acquisitions, located in south and south-west England, on behalf of its UK affordable housing strategy. In Littlehampton, West Sussex, it has purchased…
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Milton Park signs new biotech tenant
MEPC’s Milton Park has signed Momentum Bioscience on a long-term lease. The company, which is at the forefront of developing diagnostic solutions for sepsis, will occupy 6,000 sq ft of…
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Oxford Trust strikes 95% occupancy at its innovation centre
The Oxford Trust has secured seven occupiers for its Blue Boar Court centre for innovation, taking the occupancy of the facility to 95%. Oxford Drug Design, Optellum, Q-Control, Aether, Visual…
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Judges asked to consider when developer payment order is unfair
Judges at the Court of Appeal should give guidance on when it would be unfair to compel a developer to pay the costs of cladding replacement, a lawyer for the…
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Mitsui enters UK life sciences arena via £1.1bn British Library extension
£1.1bn extension of the British Library in King’s Cross, N1, marking its first investment into the UK’s life sciences sector. The development, managed by Stanhope, includes 100,000 sq ft of…
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Is your logistics portfolio ready for fleet electrification?
COMMENT Fleet electrification is accelerating. Major logistics operators such as DHL, Royal Mail and BT have all committed to fully electric fleets by 2030. But are warehouses and logistics hubs…
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British Land’s Euston Tower up for approval
British Land’s plans to redevelop Euston Tower into a 32-storey mixed-use tower are up for approval at Camden Council’s planning committee meeting on 20 March. The proposals would involve the deconstruction/demolition of the existing 36-storey tower at 286 Euston…
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Regal submits plans for North Finchley town centre makeover
Regal has submitted plans with Barnet Council for the first phase of the North Finchley Town Centre regeneration project. The masterplan includes developing 855 homes, alongside a new public square,…
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Europa and Hobart bring £90m Farringdon block to market
Europa Capital and Hobart Partners have launched another attempt to sell a mixed-use Midtown block, bringing the asset to market for £90m after an earlier attempt to sell the asset for a higher price was…
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Rapleys hires retail team from Avison Young
Property consultancy firm Rapleys has expanded its retail agency and investment presence by hiring a six-strong team from Avison Young. Dan Kent, formerly principal and managing director of UK retail…
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First look: Whiteleys reopens after £1bn redevelopment
The joint venture between investment firm Mark and developer CC Land has opened the former Whiteleys shopping centre in Bayswater, W2, after its £1bn redevelopment. The Grade II listed building,…