News
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Investec backs £122m development loan for new Unilever global HQ
The loan is the largest outer-London development financing deal of 2023 so far
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National deals round-up
The pick of the deals from around the country, plus top agents in the Welsh industrial market
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Will WeWork’s wobble extend into the co-working sector?
Industry weighs in on whether WeWork’s woes signal wider sector issues
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Chancerygate jv files plans for Cheshire last-mile scheme
Proposed 170,000 sq ft development will be worth around £36m
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Workers outpace growth of workspace
The size of the workforce has grown by 4.5% since 2016, while workspace has grown by just 0.6%
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Shaftesbury Capital raises £200m debt from Carnaby estate
The 10-year loan will be secured against a portfolio of assets within the REIT’s Carnaby estate
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MORNING NEWS: Realty bites
Plus – Brookfield attempts to salvage Center Parcs sale and firms cut space
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British Land in talks with Realty for £300m sale
The US investor wants the £100m Vodafone portfolio and a clutch of retail parks
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Brookfield cobbling consortium to salvage Center Parcs sale
No bids for the £4bn sale were received by the end of July deadline
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REITs too big a bet as investors sell up
Fears of a 15th consecutive interest rates rise has led to investors favouring gilts
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Return to the office? Yes, but only for two days a week
Employers will be forced to cut back on space as workers are spending under two days in the office
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Companies look to sell property to cut costs
A third of businesses polled by BDO say they may sell properties or relocate