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July 4, 2025
What is the UK’s 10-year infrastructure strategy?
On 19 June, the government published its 10-year infrastructure strategy, a key element of the Plan for Change aimed at transforming infrastructure planning and execution. This strategy is viewed through a multi-sector lens, marking a significant shift from previous plans.
July 4, 2025
Glasgow Silverburn owner launches 50% stake sale for mega mall
A 50% stake in the 1 million-square-foot Silverburn shopping centre near Glasgow is coming to market with a price of up to £85 million expected to be achieved, CoStar News can reveal.
July 3, 2025
How a London general manager plays on dual-branded hotels' connections and individuality
Dual-branded hotels have been popular for more than a decade as the hospitality industry seeks to streamline operating models and cater to different guest segments.
July 3, 2025
Plans unveiled for near 1 million-square-foot mixed-use makeover of former Oxford Street BHS
Berkeley Estate Asset Management and architect Kohn Pedersen Fox have unveiled detailed designs for a close to 1 million-square-foot office, retail and cultural hub makeover of the former BHS department store on London's Oxford Street.
July 2, 2025
CoStar World News for July 3
July 2, 2025
Texas looks to film incentives to boost its star power against Hollywood, New York
Texas is muscling further into the filming business with the kind of bold bet usually reserved for a summer blockbuster.
July 2, 2025
Hoteliers in Africa devise novel financing options to increase openings
CAPE TOWN, South Africa — Hoteliers are increasingly devising their own solutions — particularly with financing — to get hotels open across Africa, citing the absence of a required level of sophistication.
July 2, 2025
Ireland's Fine Grain Property enlists senior real estate adviser to board
Fine Grain Property, an Irish-owned institutional real estate investor, has appointed Chris Fossick to its board of Directors.
July 1, 2025
FBI's new headquarters destination changed to down the street instead of DC suburbs
The Trump administration officially canceled plans for the FBI to move its headquarters to suburban Maryland and instead said the agency will relocate to another office complex in Washington, a move that keeps thousands of workers in downtown D.C.
July 1, 2025
This downtown LA tower reflects latest national approach to fight homelessness
In the Skid Row area of downtown Los Angeles, a new 17-story tower designed to house hundreds of homeless people is opening, partially marking a record local push to find that population permanent housing. It's also joining cities across the country in stepping up similar investments aimed at economic stability.
July 1, 2025
Largest hotel deal in Spanish history, Mare Nostrum Resort Tenerife sells for €430 million
Spanish hotel firm Spring Hotels Group acquired the 1,037-room Mare Nostrum Resort Tenerife from Brookfield Asset Management for €430 million ($506.7 million). Business advisory Colliers helped broker the off-market deal and called it the largest single-hotel deal in Spanish history.
July 1, 2025
World Cup winner Matt Dawson on joining JLL, rugby and winning
"I thought I had a pretty good handle on JLL, but that was until about four weeks ago when I arrived. Since then I have sort of been on a firehose of a journey to truly understanding the capabilities, and it is amazing."
July 1, 2025
Watling Real Estate launches national consulting division
Watling Real Estate, the real estate consultant formed two years ago today via a management buyout of Avison Young's restructuring division, has launched Watling Consulting, a new service arm.
July 1, 2025
Blackstone considers returning to the fray for Warehouse REIT
Blackstone is considering a counter-offer for UK multilet industrial investor Warehouse REIT after its prior recommended takeover offer was superseded by a bid from specialist Tritax Big Box REIT.
June 30, 2025
Valor Hospitality grows management portfolio across Africa with franchising focus
CAPE TOWN, South Africa — Africa believes in the hotel business model of franchising, and Valor Hospitality Partners believes it's at the forefront of the trend across the continent.
June 30, 2025
Hyatt to sell owned hotels from Playa deal to Tortuga Resorts for $2 billion
Roughly two weeks after closing the deal to buy it, Hyatt Hotels Corp. will sell $2 billion in owned real estate from its recently closed acquisition of Playa Hotels & Resorts.
June 30, 2025
Challenges and opportunities abound for hoteliers in Thailand
Largely driven by the strength of luxury travel, Thailand has been a bit of a darling for hotel investors, but now facing geopolitical headwinds, the country could have a more complex outlook than before.
June 30, 2025
CBRE ups sticks for Paradise in Birmingham
Global real estate adviser CBRE is moving its Birmingham office to Three Chamberlain Square at Paradise, the major regeneration scheme in the centre of the city.
June 27, 2025
The City is one of the best-performing hotel markets in London
Hotels in the City submarket have outperformed the wider London market over the past 12 months. It is also one of the two submarkets that achieved year-on-year revenue per available room growth in year-to-May 2025, out of 17 submarkets in total.
June 27, 2025
Hines puts landmark office development Film House in the spotlight
Global real estate giant Hines is moving ever-closer to completion of another landmark building, this time one it says will move the quality of offices on in London's Soho. A visit to Film House on a recent weekday showed it is changing perceptions of what occupiers can expect and the tenants that could be showing up in the capital's media hub.

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