Industry heavyweights Hyman and Hopkins target £500m listing for new investment group
Industry veterans including Primary Health Properties founder Harry Hyman and former Workspace head Jamie Hopkins launch venture.
RESI Awards – Meet our winners
Winners of the Property Week RESI Awards 2024 have been revealed at a glittering ceremony held at London’s prestigious Grosvenor House Hotel.
Blackstone buys former Britishvolt site for mega data centre scheme
The Cambois site in Northumberland had originally been designated for Britishvolt to build a giant £3.8bn battery factory.
Labour gains metro mayors but Houchen wins Tees Valley
The Conservatives have already lost more than 200 council seats, with Labour winning several new metro mayors.
Boundary acquires 440-acre Thruxton Motor Racing Circuit
The Hampshire circuit has been the home of the British Amateur Racing Club for over 50 years.
Roadside Real Estate to undertake £100m acquisition spree this year
The group intends to deploy the funds before the end of the year and has expanded its medium-term target pipeline to £250m.
PBSA investment surges to £750m in first quarter of year
Knight Frank reports strong performance for the sector despite volumes being down compared with recent years’ peaks.
Suit Direct signs at Westfield Stratford to kickstart expansion plans
The company, which operates 31 stores, aims to roll out up to 10 stores this year.
England set to lose over 385,000 social homes by 2040
England will need 5.4 million new homes as the population aged 16-plus grows to a predicted 50 million.
CBRE appoints new head of UK public sector
Louise Wyman previously served as strategic director of growth and development at Manchester City Council.
RESI Awards raises £34,500 for Parkinson’s UK
Attendees and auction bidders dug deep at the event to support the partner charity.
Tritax Big Box REIT and UKCM merger wins shareholder approval
Around 95% of UKCM shareholders backed the merger deal with Tritax Big Box REIT.
Commercial real estate new lending dives to lowest level in a decade, Bayes reports
Bayes’ bi-annual real estate report shows significant year-on-year decline in new lending.
New CPO powers for councils “shows desperation” in Tory housing policy
Federation of Master Builders boss Brian Berry said the government was “taking Labour policy to rectify failures in their own policy to deliver homes”.
Cain International reveals merger with Blackbrook Capital
The merged group of Cain International and Blackbrook Capital will bring the firms’ combined assets under management to over $17bn (£13.6bn).
SGS completes shopping centre £445m refinancing with Lloyds
SGS owns the former intu centres in Lakeside in Essex, Atria Watford, Victoria Centre in Nottingham and Braehead near Glasgow.
Irish housebuilder Glenveagh’s forward order book rises to €963m
Irish housebuilder Glenveagh Properties has issued a robust trading update ahead of its annual general meeting on Thursday.
Housebuilders see recovery in buyer interest in Q1, says Knight Frank
Around 50 volume and SME housebuilders are responsible for delivering 70,000 homes a year.
The Crown Estate secures Sael and Claro West End restaurant deals
Sael will open at 1 Carlton Street while Claro will take 12 Waterloo Place.
Evans Randall Investors secures Warwick Acoustics pre-let for Midlands unit
The UK audio technology company has signed a 10-year lease to occupy 36,000 sq ft.
RICS unveils Great George Street HQ revamp with new members’ lounge and bar
The planned RICS members’ lounge will include meeting rooms and workspaces.
Logistics and living sectors expected to top capital deployment lists, says Knight Frank
Investors face a six- to nine-month window to capitalise on current pricing.
Compagnie du Parc in £30m swoop for south east London industrial assets
Compagnie du Parc said the deals ”affirm our commitment to urban light industrial and logistics assets within Greater London”.
Galliard and Apsley’s PBSA scheme in Birmingham gets go-ahead
The Selly Oak development will also include approximately 13,700 sq ft of commercial space on the ground floor.