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Aviva Investors today announces three senior hires in newly-created roles to its Direct Real Estate team as part of the expansion of its Real Assets platform.
A “topping out” ceremony has been held to mark the completion of the new Premier Inn hotel at the £150 million Bridgwater Gateway business park in Somerset. The 100-bed hotel is due to open later this year and will create more than 30 jobs. It is located on one of the prime road frontage plots on the 100-acre mixed-use site, ...
According to Savills latest Big Shed Briefing, take-up of industrial & logistics space (units of 100,000 sq ft +) hit 34.1 million sq ft (3.167 million sq m) in 2018, a 32% increase on 2017 figures and 14.1 million sq ft (1.309 million sq m) above the long term average. Despite the recent negative headlines retailers accounte...
A cocktail of threats and opportunities awaits investors in Scotland’s commercial property market this year as it braces itself for renewed headwinds, according to property consultants JLL. The warning comes after the Scottish market saw record investment in 2018 with c£2.5bn invested across all commercial property sectors – ...
Following the unveiling of its £9.5 million (c. €10.7 million) speculative development plans for a 70,000 sq ft warehouse unit at the site of a former DIY store in Northamptonshire, the commercial property developer has now gained planning consent to deliver a 55,575 sq ft speculatively built industrial/warehouse unit in Wol...
Orchard Street Investment Management is celebrating two appointments. On the one hand, the specialist commercial property investment manager has appointed Dana Eisner to a newly created strategic role of Head of Investor Relations. In addition, Orchard Street is expanding its its leadership team with the promotion of Tom Ch...
In expectation of further growth, Harworth Group has appointed three directors to head up its Development operations in each of its core regions of the Midlands, North West and Central (Yorkshire, Nottinghamshire and Derbyshire) as it continues to sustainably grow its business.
Multiply Logistics North, the new commercial development being delivered through a joint venture between Harworth and the Lancashire County Pension Fund (“LCPF”) at Harworth’s Logistics North site in Bolton, has secured its fourth tenant. PJH Group Limited has signed a lease to take 62,952 sq. ft at the logistics site..
With City Partnership as its latest addition, the 19th century office building Park Valley House, at the heart of Park Valley Business Park in Lockwood, Huddersfield, is now fully occupied . The 6,000 sq ft heritage building, which has been imaginatively converted to high-quality office accommodation, has six tenants. The wel...
Having finally achieved practical completion, McKay Securities' pre-let to St James’s Place of 30 Lombard Street, London, will commence on 24th January 2019 . St James’s Place has committed to a 15 year lease (without break) of the whole of the high quality 58,000 sq ft office scheme in this core City location.
In a deal worth £15.68 million (c. €17.5 million), Orchard Street Investment Management has completed the acquisition of Trade City Reading, a multi-let industrial estate in Reading, developed in joint venture by Kier Property and Investec. The asset was acquired on behalf of St. James’s Place UK Plc., with the purchase price...
More jobs are coming to Bristol, with Teleperformance expanding its current operations in Bristol. The customer service outsourcing company has more than doubled its office space at Spectrum Bristol in one of the largest office letting deals in the city centre last year, a move that is expected to help create 500 new jobs wit...
Fastighets AB Balder has entered the London market with the acquisition of 8 Fenchurch Place in the city of London from Amundi. The acquisition of the 9,000 sqm office building, which is rented mainly to insurance companies and consulting companies with a remaining average term of 9 years, is a natural step for the company in...
The Humber Enterprise Park now is fully let. Citivale has agreed a deal for a high-quality 150,000 sq ft warehouse at Humber Enterprise Park, entering a six-year lease with a three-year break with Wren Kitchens. This is the largest industrial letting within the Hull and East Riding area during the past 12 months.
Stenprop has entered an agreement to sell Euston House in central London to a joint venture between French-listed Eurazeo and London-based Arax Properties for £95 million (c. €104 million). Located on 24 Eversholt Street, London, opposite Euston station, the 113,000 sq ft deco office building was put on the market through Ger...
Legal & General has two reasons two celebrate, having started the construction of the new DWP Hub in Treforest with a ground breaking ceremony attended by members of the development team and existing tenants. In addition, the company has expanded its Build To Rent (BTR) team to support the continued growth of its platform by ...
Construction of the new Kingsmere Retail Park, which aims to save people in Bicester from having to travel out of town for high street brands, in Oxford Road, is underway with completion scheduled for late October 2019. The retail park was originally dubbed the site 'Bicester Gateway'. To better reflect the location, it has ...
