News
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Sciontec reveals revamp for Liverpool’s Sensor City
Sciontec has unveiled plans for a a new urban technology building within the Liverpool’s Knowledge Quarter. The 27,000 sq ft Central Tech facility, formerly known as Sensor City, sits adjacent…
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Savills boosts global cross border retail with new hire
Savills has bolstered its global cross-border retail expertise by appointing Thea Rowe as associate director. Rowe joins from Bruce Gillingham Pollard, where she spent more than 10 years working across leasing and…
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Delancey and Aware Super close in on West End office
Delancey and Australian superfund Aware Super are under offer to acquire Aviva Investor’s and PSP’s core multi-let office at 11-12 Hanover Square, W1, for £165m. The pair have come out as frontrunners in a competitive bidding…
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Round Hill Capital appoints new COO
Round Hill Capital has appointed Sandra Burrows as chief operating officer. Burrows will report to chief executive Michael Bickford. She will be responsible for driving operational improvements, transformative initiatives and…
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Sirius snaps up Southampton business park
Sirius Real Estate has agreed to acquire Chalcroft Business Park in Southampton for £36.5m, reflecting a net initial yield of 5.5%, as well as an adjacent 4.5-acre development site for…
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MIPIM: Salford rolls out alternative to mayoral development corporation
Salford City Council, Greater Manchester Combined Authority, Homes England, Peel Land and Muse have launched the Salford Strategic Regeneration Forum at MIPIM. The forum aims to encourage collaboration between the…
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Persimmon profit ticks up
Persimmon has reported further profit growth in 2024 as its development pipeline and average selling price have increased. The housebuilder has reported a pretax profit of £359.1m for 2024, up…
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Birmingham mixed-use block hits the market for £73m
A mixed-use block in the centre of Birmingham, made up of two adjoining office buildings, has been brought to market with a price of £73m, reflecting a 9% net initial yield and a…
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Sciontec appoints agents for Hemisphere Two in Liverpool
Sciontec has appointed Carter Jonas to help attract health and life sciences occupiers to its £95m Hemisphere Two laboratory and workspace development in Liverpool. The 99,503 sq ft building is…
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Sirius sells Brum business park ahead of book value
Sirius Real Estate has disposed of its BizSpace Tyseley Business Park in Birmingham for £6.7m –a 20% premium to book value as of September last year. The 134,000 sq ft…
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Sama seeks buyer for Brum student scheme
Sama Investment Group is marketing a £30m purpose-built student accommodation scheme in Birmingham. The Lawson Street scheme comprises 184 studio rooms in an eight-storey building close to Aston University and…
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London’s life sciences growth depends on public-private collaboration
COMMENT The London Growth Plan sets out a vision for the capital to cement itself as a globally significant hub for life sciences and innovation. Whitechapel’s inclusion in the East…