Property Week - LATEST PROPERTY NEWS

BPF calls for further changes to judicial reviews

Tue, 21 May 2013 00:01 GMT

The British Property Federation has urged the government to streamline the judicial review process in order to reduce unnecessary delays and cost to development projects.

Starwood in £250m Heron Tower loan talks

Mon, 20 May 2013 09:45 GMT

Starwood Capital is in talks with Gerald Ronson’s Heron International to provide a £250m refinancing for its flagship Heron Tower scheme.

Bird & Bird signs New Fetter Lane prelet

Mon, 20 May 2013 08:18 GMT

Great Portland Estates and the City of London Corporation have confirmed a prelet at New Fetter Lane to law firm Bird & Bird, as first tipped by Property Week in March.

Chinese university explores West London campus

Mon, 20 May 2013 13:53 GMT

Imperial College London has signed a memorandum of understanding with Zhejiang University to explore creating a campus for the university at Imperial’s landholding’s in West London’s White City.

Bidder picked for giant Irish portfolio

Mon, 20 May 2013 18:19 GMT

A bidder has been selected to buy the €270m Castle Market Holdings portfolio, propertyweek.com can reveal.

USS deal to buy Bath Southgate share collapses

Mon, 20 May 2013 12:03 GMT

The Universities Superannuation Scheme has pulled out of a deal to buy a 50% stake in the new Bath Southgate Shopping Centre for just under £115m.

Government shrinks estate by 5%

Mon, 20 May 2013 13:48 GMT

The government estate has shrunk by 5% over the past year, official statistics have revealed.

Proposal to create UK's largest healthcare company

Mon, 20 May 2013 17:30 GMT

MedicX Fund has put forward a proposal to takeover rival healthcare company Assura Group.

Quorum lets 100,000 sq ft in Newcastle

Mon, 20 May 2013 07:00 GMT

The Quorum EZ Unit Trust has secured 100,000 sq ft of lettings at Quorum Business Park in Newcastle.

Walkabout bar chain to expand with new backers

Mon, 20 May 2013 08:55 GMT

The Australian themed Walkabout bar chain is preparing to restart its UK expansion after securing new private equity backers.

Snoozebox founder leaves

Mon, 20 May 2013 09:08 GMT

The founder of portable hotel group Snoozebox, Robert Breare, has left the company after an alleged falling out with chairman David Morrison.

JLL Triathlon: Guy Grainger explains the Batman costume

Mon, 20 May 2013 17:09 GMT

The UK CEO of Jones Lang La Salle, Guy Grainger spoke to fellow competitor, Mike Phillips, editor of Property Week about why he decided to dress as batman for the JLL Triathlon.

Department for Transport downplays HS2 north London impact

Mon, 20 May 2013 12:49 GMT

The Department for Transport has downplayed reports that the construction of HS2 will cause a decade’s worth of disruption across north London.

NewRiver Retail secures Erdington redevelopment consent

Mon, 20 May 2013 08:25 GMT

NewRiver Retail has been granted detailed planning permission by Birmingham City Council to redevelop the Central Square Shopping Centre and Erdington town centre.

L&G completes £70m Marston's pubs sale and leaseback

Mon, 20 May 2013 11:34 GMT

Legal & General Property has completed a sale and leaseback purchase of a portfolio of 27 Marston’s pubs for just under £70m.

Mount Anvil finds Affinity in Fulham

Fri, 17 May 2013 14:52 GMT

Mount Anvil and social housing provider Affinity Sutton have exchanged on a site in Fulham to develop an “exclusive gated community”.

BT picks agent for overseas property management

Fri, 17 May 2013 13:37 GMT

BT has appointed a sole agent as its global property services provider.

Landlords lured to join Ashley’s Republic

Fri, 17 May 2013 00:00 GMT

Sports Direct founder to focus on shoes and denim and rebrand USC stores.

Give Boris power over property taxes, argues LSE

Fri, 17 May 2013 09:09 GMT

A commission chaired by director of the London School of Economics has called for the mayor to have control over London’s property taxes.

Capstick-Dale to expand Lighthouse site

Fri, 17 May 2013 09:50 GMT

Nick Capstick-Dale’s UK Real Estate has bought a site neighbouring his Lighthouse building in King’s Cross which will allow him to work up an extended 50,000 sq ft scheme.

Lend Lease submits Battersea plans

Fri, 17 May 2013 10:22 GMT

Lend Lease has submitted a planning application for a new development on the site of the former Salesian College in Battersea.

Met Police in 10m sq ft agency shake-up as it unveils 29 new disposals

Fri, 17 May 2013 12:37 GMT

The Metropolitan Police is planning a shake up of its retained property advisers, as it works to offload more than 3m sq ft of property over the next three years, PropertyWeek.com can reveal.

Singer Vielle launches franchise operation

Fri, 17 May 2013 10:36 GMT

London investment agency Singer Vielle has launched a franchise operation, signing up George Turnbull of Altitude Investments to operate under its brand in Bristol and the West Country.

Agency blooms with new upmarket brand

Fri, 17 May 2013 08:50 GMT

The UK’s largest independent agency has launched a new upmarket arm in response to demand from clients for a “niche” agent.

Agents instructed on £200m City sale

Fri, 17 May 2013 10:04 GMT

Agents have been instructed to sell a City of London office complex that is fully let as of yesterday.

Aussie label takes shape in UK

Fri, 17 May 2013 00:00 GMT

Antipodean plus-sized women’s fashion brand finds debut shop in Solihull and plans rollout across regions

CapCo courts converts for Covent Garden

Fri, 17 May 2013 00:00 GMT

Courtyard-led scheme with flats planned for central London estate

Carter Jonas nabs duo

Fri, 17 May 2013 13:12 GMT

Carter Jonas has poached senior team members from its rivals to work in its London office.

Bond on the beat

Fri, 17 May 2013 00:00 GMT

Met property chief tells how she will dispose of 100 London properties in unprecedented strategy

First look: Hampshire’s failed factory outlet reinvented

Fri, 17 May 2013 00:00 GMT

British Land and Universities Superannuation Scheme prepare second of two UK shopping centre openings in 2013.

Grosvenor appoints new London chief as Clarke steps down

Thu, 16 May 2013 12:01 GMT

Grosvenor Britain & Ireland is appointing Craig McWilliam to the role of executive director in charge of the London estate, succeeding Giles Clarke, who is leaving to set up his own investment and asset management business.

DTZ demerger “likely”, says UGL

Thu, 16 May 2013 10:28 GMT

A demerger of DTZ from parent company UGL is “likely”, UGL said in a statement today.

iCity secures future of Olympic media centre

Thu, 16 May 2013 14:30 GMT

iCity, the company created to manage the transformation of the Press and Broadcast Centres at the former Olympic Park, has signed a lease with the London Legacy Development Corporation to take over the centre.

Kallakis sentence increased

Thu, 16 May 2013 11:36 GMT

The Court of Appeal has increased the sentences of Achilleas Kallakis from seven years to 11, saying that sentence is the “just and proportionate” sentence for his part in a £740m fraud.

BCO Madrid: Peers share their property forecasts

Thu, 16 May 2013 16:38 GMT

Two ex-Treasury grandees – Lord Myners and Lord Lamont – told how the economic climate would impact on commercial real estate, at the British Council of Offices’ annual conference in Madrid today.

Next's property director to retire after 27 years at the retailer

Thu, 16 May 2013 12:23 GMT

Next’s property director Andrew Varley is to leave the retailer after 27 years in the job.

Goodsyard design team appointed

Thu, 16 May 2013 14:55 GMT

Hammerson and Ballymore Group have appointed a design team to work on one of the largest development opportunities in London.

Retail red alert; industry urges government rescue bid

Thu, 16 May 2013 14:45 GMT

Select committee to hear retailer and landlords’ evidence; high streets back on top of government agenda

BCO Madrid: Transport is key in office moves

Thu, 16 May 2013 15:24 GMT

Proximity to public transport is a key factor in corporate office relocation strategies.

BlackBerry bears fruit for Segro

Thu, 16 May 2013 10:42 GMT

Troubled smartphone manufacturer BlackBerry has extended the lease on its European head office in Slough.