News
-
Encouraging the next generation into real estate
COMMENT There has been much written globally around DEI strategies and companies reassessing since the US election. Change is clearly under way and, actually, it may not be a bad…
-
M&G to acquire £30m East Village site from Get Living
M&G is under offer to acquire a site from Get Living in its East Village masterplan in Stratford, E20. The site was being marketed by Savills for offers of more…
-
Axel acquires Brum logistics warehouse
Axel Logistics has acquired a logistics warehouse on Birmingham’s BSA Industrial Estate for £7.1m from the Canal & River Trust. The 78,500 sq ft unit at 198 Golden Hillock Road…
-
Savills adds Deloitte expert to its planning division
Savills has expanded its planning economics team with the appointment of Sabil Chaudhry as a director in its London office. Chaudhry joins from Deloitte, where he held senior economics and…
-
Wrenbridge JV buys Letchworth hub for £50m logistics revamp
Wrenbridge and Bridges Fund Management have acquired a distribution facility in Letchworth to develop a £50m logistics hub. The 6.5-acre site was purchased from Tesco and Letchworth Garden City Heritage…
-
Clearbell puts aside £150m for UK logistics portfolio expansion
Clearbell Capital has entered into a joint venture with Deva Capital, an alternative investment manager, to drive a £150m acquisition and repositioning of industrial assets across the UK. It follows…
-
Lloyds Living appoints BTR operator
Lloyds Living has appointed Native Communities to operate a trio of its build-to-rent schemes. The schemes comprise 631 homes in Nottingham, Stevenage and Cardiff. The portfolio includes British Waterways in Nottingham, a Grade II…
-
Warehouse REIT re-signs tenant at Middlewich logistics facility
Warehouse REIT has agreed a 10-year lease renewal at Midpoint 18 in Middlewich. The deal was signed with Wincanton, one of the largest occupiers in the REIT’s portfolio. The facility…
-
Assura rejects PHP takeover offer as KKR presses ahead with new bid
Private equity firm KKR has teamed up with Stonepeak Partners in a takeover offer for Assura after it turned down the previous approach. The proposed offer of 48.56p per share values…
-
Blackstone buys remaining 50% stake in the Arch Company
Blackstone has acquired TT Group’s 50% stake in the Arch Company. The US-based private equity firm now has full ownership of the £2bn portfolio comprising more than 5,000 UK railway…
-
Criterion gets nod for the first hotel in Scotland
Criterion Capital has secured planning approval from the City of Edinburgh Council for the transformation of 109-112 Princes Street into a 652-bedroom hotel. The approval marks the developer’s first hotel…
-
Flight to quality hits grade-B office stock
Three-quarters of available office space across central London is grade B, reinforcing the urgent need for investment in upgrades to meet the expectations of occupiers seeking grade-A space. Research by…