UK

5 of the Big 6 regional office markets (Birmingham, Bristol, Edinburgh, Glasgow, Leeds, Manchester) are facing a supply shortage of forthcoming Prime Grade A office accommodation, which is driving up rents and creating opportunity for refurbishments, according to international real estate adviser Savills.

Investors capitalise on the persistent demand for quality healthcare property underpinned by the fundamentals of the elderly care market, according to the latest UK Healthcare Market Overview 2023 from Knight Frank

KGAL Investment Management has sold the office building “60 Gracechurch Street”, with a total lettable space of 11,825 square metres, from one of its closed-end funds. The buyer is Obayashi Properties UK, a wholly owned subsidiary of Obayashi Corporation, one of Japan’s largest construction companies. KGAL’s fund investors we...

Supermarket Income REIT plc announces the exchange of contracts for the sale of its interest in the Sainsbury’s Reversion Portfolio (the “SRP Portfolio”) to Sainsbury's for a total gross consideration of £430.9 million (excluding costs).

Belfast’s oldest property consultancy, McConnell Chartered Surveyors, is under new ownership after being acquired by one on Northern Ireland’s most well-known businessmen, Paddy Brennan.

Commercial real estate firm Ryden has relocated its office in Leeds to 36 Park Row, a premium flexible workplace situated in the city’s dynamic central business district.

A UK-wide electrical company has set its sights on Belfast’s innovation district for its first standalone renewables division in Northern Ireland.

Avant Homes is set to deliver 250 new homes in Awsworth, Nottinghamshire after being granted planning permission for a £58m development.

British Land and AustralianSuper have appointed Stanton Williams to draw up plans for a 300,000 sq ft building with potential to support innovation and life sciences businesses, as part of the second phase of its Canada Water Masterplan in Central London.

21 hotels from 9 European countries have submitted entries for the "Hotel Design Award 2023“, which will be presented during the 196+ Forum Milan on Monday, 17 April.

Newmark Group has acquired London-based real estate advisory firm, Gerald Eve.

St. Modwen Logistics has continued its expansion with the acquisition of modern warehouse units in Burton-upon-Trent and Coventry.

London law firm Howard Kennedy has strengthened its Construction and International Arbitration practices through the acquisition of Corbett & Co., an international construction law boutique.

Platform submits plans for its Platform_ MK Build to Rent scheme. The developer has submited the planning application to Milton Keynes City Council to build 355 sustainable homes, including 110 much-needed affordable homes.

Landsec has obtained planning permission for the redevelopment of Red Lion Court, Bankside, part of its one million sq ft development pipeline to create a green office cluster in Southwark.

Peel L&P has announced that the British retailer Next is to make its return to Gloucester Quays. Set to welcome the retail giant later this spring, the news follows a record breaking 2022 sales period for Gloucester Quays.

DTZ Investors has completed on the purchase of Purley Cross Retail Park in Croydon for £59 from Oval Real Estate.

UK developer SevenCapital and investment manager Mark have secured a four-year £258 million development loan to fund the delivery of a 462-home residential scheme in Kensington, West London.