News
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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…
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London mayor pitches capital to global investors at MIPIM
The mayor of London has highlighted investment opportunity across the capital while speaking at MIPIM. Sadiq Khan talked about London’s investment prospectus, alignment of capital and national government, and affordable…
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MIPIM: Adaptation and opportunity in London’s leisure
Leisure and cultural offerings can reshape London’s real estate landscape, particularly in areas such as the Square Mile. At the London stand’s London and leisure: all fun and games panel,…
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Savills makes 23 promotions across North West offices
Savills has promoted 23 members of staff at its Manchester and Cheshire offices. The move will see five people become directors, six become associate directors, 11 move to associates and…
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JLL bolsters industrial and logistics team
JLL has expanded its national industrial and logistics team, with the appointment of two directors. Tom Watkins and Will Arnold will join existing director Sophie Kettlewell, who has been with…
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First residents move into Brent Cross Town
Brent Cross Town, the £8bn, 180-acre park town by Related Argent in partnership with Barnet Council, has welcomed its first residents. As part of the first phase in the development…
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Dandara finds buyer for Bristol BTR scheme
CompassRock International has acquired a 295-home build-to-rent scheme in Bristol from Dandara Living. The Stafford Yard scheme is located within the strategic Bedminster Green Framework Area. It includes amenities such as a…