News
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Next phase of Silvertown given green light
Plans for 600 affordable homes at Silvertown in the Royal Docks have been approved by Newham Council’s planning committee. The homes will be delivered in collaboration with The Guinness Partnership.…
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British Land signs trio of tenants at Sheffield’s Meadowhall
British Land has signed a trio of deals, with JD Sports, Superdrug and Ann Summers growing to a combined 42,278 sq ft at Meadowhall in Sheffield. JD is significantly expanding…
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Global Holdings submits plans for 1 Hanover Square
Investor Global Holdings Management Group has submitted plans for the redevelopment of 1 Hanover Square, W1, after acquiring the building from publishing giant Condé Nast early last year. The proposals would involve the existing…
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Cadogan secures first three retailers at £235m Chelsea development
Cadogan has secured the first retail tenants at The Gaumont, a £235m mixed-use development, and the creation of its “creative quarter” at 196-222 King’s Road, SW3. The developer has secured leases…
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The rise and rise of City rents
With PIB Group on track for a potential new record rent in the City, at around £130 per sq ft, just a couple of months after Brazilian bank Banco Master…
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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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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…