News
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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…
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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…