Commercial real estate lending recovers at last but defaults are up
Bayes report finds prime real estate loans are getting cheaper as international banks bounce back
New lending for UK commercial real estate showed the first signs of recovery at the end of 2024, according to Bayes Business School’s bi-annual report.
UK self-storage sector soars to record highs
Cushman report finds sector top real estate performer
Annual turnover for the UK self-storage industry has grown to £1.2 billion a year, rising by over £100 million over 12 months to its highest total.
Leaders Romans Group buys Chancellors
Acquisition is LRG's largest so far
LRG, the former Leaders Romans Group, has bought the Chancellors Group, the independent estate agency business, its biggest acquisition.
UK big-box investment lifts in first quarter
Avison Young reports that industrial rents are also performing well
Big-box investment activity in the UK lifted 9% year-on-year in the first quarter, reports Avison Young.
Art-Invest gets all-clear for Canada Water student homes after submitting revised plans
German developer gets approval for 742 student homes on previously consented office site
Art-Invest Real Estate has gained consent for a major student homes, affordable homes and community space development, replacing an originally consented proposal for a 26-storey of...
NewRiver says portfolio has returned to growth after Capital & Regional acquisition
REIT says leasing and values performing well in trading update
NewRiver, the UK retail property-focused REIT, flagged strong operational performance, a return to portfolio value increases and its continued progress towards delivering significa...
Softcat pounces on sixth floor of Booking.com's Manchester headquarters
Software group taking lease assignment of Enterprise City campus
Software company Softcat has taken an assignment of 35,391 square feet of fully fitted offices across the sixth floor of the Manchester Goods Yard development.
Yoo Capital gets all clear for reworking of West End's Saville Theatre
Theatre could be first permanent home for Cirque du Soleil in UK
Yoo Capital has gained consent from the London Borough of Camden for its redevelopment of 135 Shaftesbury Avenue, the historic home of the Saville Theatre.
Westbrook secures Investec finance for UK industrial portfolio acquisition
Westbrook bought the Merchant Trade portfolio last year
Investec Bank, the international financial services provider, has provided Westbrook Partners, the real estate investment management company, with a £16.7 million loan to finance t...
US's Eldridge backs Hillwood on two UK speculative industrial developments
Eldridge agrees £56.7 million loans for Kent and Park Royal schemes
Eldridge Real Estate Credit and Hillwood have agreed the provision of two debt facilities for the development and construction of industrial units in Swanley in Kent and Park Royal...
Mitsubishi and Edge get all clear for landmark London offices makeover
Former WeWork and Meta offices are being redeveloped
Mistubishi Estate London and Edge have gained consent from Camden council for their major office-led redevelopment plans for 125 Shaftesbury Avenue in central London.
Flexiss and Compound launch £300 million self-storage partnership
London and M25 portfolio will operate under the SureStore brand
Flexiss Group and Compound Real Estate has formed a £300 million strategic partnership to build a self-storage portfolio across London and towns around the M25.
Valuation Office Agency scrapped
VOA to be folded into HMRC
The government has announced it has scrapped the Valuation Office Agency in a drive to "slash inefficiencies".
Savills taps new CEO as global brokerages shake up C-suites in UK
Mark Ridley to be succeeded by Simon Shaw as group chief executive
Savills announced that Mark Ridley will retire as group chief executive at year end after 29 years at the firm as it joins a growing list of brokerages making major C-suite changes...
'Flight to the middle' driving student homes market
Knight Frank says investment volumes in first quarter are matching last year's
There was £744 million invested in the UK purpose student accommodation market over the first three months of 2025, with investment volumes in line with the same period last year, ...
Unilever's giant London headquarters completes with major slice prepared for sublease
Cushman & Wakefield and CBRE appointed after workplace strategy review
Unilever has reached practical completion of its 300,000-square-foot London campus and immediately launched around a third for sublease, CoStar News can reveal.
Carter Jonas appoints equity partner as part of string of partner promotions
National adviser is embarking on its latest five-year growth plan
National property consultancy Carter Jonas has appointed Katy Davis as an equity partner in its latest promotions round.
Savills full of beans as Costa Coffee expands stores mandate
Twenty-year relationship grows with new nationwide role
Costa Coffee, the coffee shop retailer, has appointed Savills to advise on a new nationwide high street and shopping centre acquisition drive.
Birmingham city centre former M&S sold for build-to-rent makeover
BlueCastle Capital working up plans for landmark scheme
BlueCastle Capital, the build-to-rent developer and investment and asset manager, has bought the former Marks & Spencer store on Birmingham’s High Street for redevelopment.
Cheyne buys £210 million London office-to-coliving development
Investment will redevelop east Croydon’s City Link House
Cheyne Capital, the global alternative investment manager, has bought City Link House, a vacant office in east Croydon in south London that will be redeveloped into a £210 million ...