Investor under offer at £70 million Birmingham offices
Scheme being sold on behalf of receivers
Property investment firm Ekistics has gone under offer to buy Birmingham’s Priory Court and The Lewis Building, CoStar News understands.
Bedford Council begins hunt for £120 million Mayes Yard developer
Circa 3.5-acre sites includes former Debenhams and Central Library
Bedford Borough Council has launched a public-private partnership opportunity for the redevelopment of Mayes Yard, a major regeneration site in the town centre.
Private investor floats £41.9 million Butler's Wharf Estate in London
Thames-facing estate generates annual rents of circa £2.3 million
Butler's Wharf Estate, a cluster of three buildings on the banks of London's River Thames, has been put on the market for the first time in more than twenty years.
Reeves promises to fix UK's 'crumbling' buildings with 10-year infrastructure strategy
Programme of 'national renewal' to encourage inward investment, Chancellor says
Rachel Reeves has pledged to fix "crumbling public buildings" and modernise the country's infrastructure after publishing the government’s 10-year infrastructure strategy.
Waitrose opts for 360,000-square-foot Bristol shed
CoStar News tipped move in February
(Article updated on 19 June to reflect Waitrose remains in talks.)
Property industry waits for next interest rates cut
Bank of England holds interest rates at 4.25%
Interest rates have been held at 4.25%.
US property values suffered harder correction than Europe's, Morgan Stanley boss says
ULI conference hears property leaders debate real estate opportunities in America and Europe
US commercial property values have been through a harsher repricing than Europe's, Morgan Stanley Investment Management's head of global real assets John Klopp has argued.
Valor buys £55 million Park Royal Estate in London
Valor set to refurbish four vacant units at 125,000-square-foot Westwood Trading Estate
Valor Real Estate Partners, the specialist last-mile logistics investor, has bought a prime multilet industrial property in Park Royal, West London.
RLAM signs power firm to long-term lease in Fareham after buying council site
Developer to build a 176,000-square-foot manufacturing facility for Eaton
Royal London Asset Management Property has bought Faraday Business Park at Daedalus in Fareham from Fareham Borough Council.
Bolton Council seeks master developer for £200 million Crompton Place makeover
Local authority hunts partner for town centre mixed-use redevelopment
Bolton Council has begun its search for a development partner to lead the makeover of the town's Crompton Place shopping centre.
London tops global warehouse operating costs table for fifth year running, Savills finds
Continued high demand for limited prime units contributes to city's position
London remains the most expensive global destination to run a warehouse, according to analysis from Savills.
Avison Young appoints principals; Savills promotes in Cambridge; Turley names placemaking lead
New hires, promotions and other personnel changes in UK commercial real estate
Avison Young appoints six principals in UK
Turley appoints first placemaking chief
Stephen Taylor to assemble and lead multi-service teams across UK and Ireland
Property planning and design adviser Turley has appointed Stephen Taylor to the newly created role of Placemaking Lead as it accelerates growth in this area.
L&G promotes Batterton to UK head of housing
Recruit has more than 20 years' experience
Global investor L&G has appointed Dan Batterton as head of housing in the UK as it plans to deploy around £500 million into the sector over the next two years.
Climbing operator swings into former Bristol Wilko unit
The Climbing Hanger will repurpose the Union Street store into a climbing facility
Global real estate investment manager AEW has signed a rock climbing operator to a vacant Wilko retail unit on Bristol's Union Street.
Government launches 'National Housing Bank' to help deliver 500,000 homes
Initiative to draw more institutional investment into housing and mixed-use schemes
The government has launched a new 'National Housing Bank' that it says will help to deliver hundreds of thousands of additional homes across the UK and attract £53 billion of addit...
Law firm adds partner to global real estate team
Emma Chadwick joins from Winckworth Sherwood
Taylor Wessing has recruited Emma Chadwick as a new partner in its global real estate team.
RLAM looks to offload flagship Next store in Liverpool
Landlord seeking £13.5 million for 47,000-square-foot scheme
Royal London Asset Management Property is seeking offers in excess of £13.5 million for a flagship Liverpool retail store and media screen next to Liverpool One shopping centre.
CEG appoints housebuilder at £600 million Leeds Kirkstall Forge
Banks Homes to deliver first phase of homes at mixed-use scheme
CEG has chosen Yorkshire-based Banks Homes to develop the first residential properties at its flagship Kirkstall Forge project in Leeds.
Cervidae puts Sleepeezee HQ sale-and-leaseback to bed
Mattress specialist sells manufacturing and distribution headquarters in Kent
Cervidae, the private investment and asset management firm, has acquired Sleepeezee's Kent headquarters in a sale-and-leaseback.