Global property consultancy Knight Frank has announced that Rory Penn will succeed William Beardmore-Gray as the firm’s senior partner and group chair in April 2027.
The 2026 draft local rating lists have landed, and one thing is already clear: the receipts and expenditure method, once a niche valuation approach used only for a handful of specialist assets, is now one of the most consequential forces in the business rates system. For many properties, it has become the driver of the biggest increases in rateable values ever seen.
Feldberg Capital and HBD, part of Henry Boot, have closed Series I of Origin, their UK mid-box industrial and logistics venture launched in December 2024.
Global investment firm Cain has added Jamie's Italian to its roster as part of its Brava Hospitality platform, in a bid to bring the brand back to the UK market.
In response to the Grenfell tragedy the Building Safety Act 2022 introduced sweeping reforms to improve the safety of people living in multi-occupancy buildings. Obligations to remediate historic building safety risks, a new gateway regime to control construction and refurbishment and a stringent duty-holder regime for the management of higher risk buildings are now mandated priorities for anyone involved in the development, ownership or management of residential property.
LaSalle Investment Management, the global investment management business of real estate services firm JLL, is making a change at the top, with Brad Gries promoted to global chief executive and Tim Kessler to president.
Rapleys has increased its presence in Cardiff with a building surveying team comprising Richard Frost as partner, Jack Rowe as associate partner and Rhys Davies as associate. The trio joins from Avison Young.
Shaftesbury Capital said strong leasing, as well as £80 million of acquisitions in the year-to-date, was providing it with confidence in its medium-term targets, as it gave a trading update for 1 July to 31 October 2025.
Multi-disciplinary property consultancy Strettons has appointed Mark Bolton as its managing director, succeeding the late Simon Tilsiter who passed away in October following a brave battle with cancer.
Tikehau Capital, the French global alternative asset manager, announces its intention to merge its subsidiary Sofidy, an independent leader in real estate savings and a specialist in SCPIs, effectively French open-ended real estate funds, with Tikehau Investment Management, its asset management company.
The Government’s draft rating list for the 2026 Revaluation, published immediately after the Autumn Budget last Wednesday (26 November), reveals that there are very few winners in rateable value (RV) terms, with many sectors seeing significant rises, primarily because the last list was based on the low 2021 rental values influenced by Covid.
Global alternative investment manager Ares Management Corporation has unified its global logistics real estate platforms under a single brand, Marq Logistics, in a move prompted by its acquisition of warehouse giant GLP earlier this year.