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UK

Karis Capital bolsters residential mortgage offering

Karis Capital has completed the acquisition of an established regulated financial services business, which will strengthen its existing regulated mortgage offering. The purchase, which was completed in March 2024 for an undisclosed sum, will provide the company with enhanced FCA permissions, offering extra protection and secu...
Friday, 12. April 2024

Aedifica completes 10 projects

During the first quarter of 2024, ten projects from Aedifica’s investment programme were completed in Germany, the United Kingdom and Finland for a total amount of approx. €74 million.
Friday, 12. April 2024

UK hotel investment hits post-pandemic high

Approximately £1.7bn of UK real estate was transacted by hotel investors in the first quarter of 2024, according to new data from Cushman & Wakefield. This represented a surge in activity to the tune of 138% versus Q1 2023.
Friday, 12. April 2024

Swarovski returns to Merry Hill

Swarovski is returning to West Midlands flagship destination Merry Hill with a standalone boutique set to launch this spring. The new store, spanning 2150 sq ft between Goldsmiths and Beaverbrooks on the Upper Mall, will feature the retailer's latest shop fit. Swarovski adds to the destination's strong line-up of watch and je...
Thursday, 11. April 2024

IINO Kaiun Kaisha acquires 111 Strand from ESAS

IINO Kaiun Kaisha purchased 111 Strand in London from ESAS Holdings. The building comprises 37,781 sq ft of Grade A office and retail accommodation, arranged over lower ground, ground and six upper floors. The building occupies a prominent corner site with a 100 ft frontage on to the Strand and benefits from close proximity t...
Thursday, 11. April 2024

Mott Macdonald expands space in London

Addington Capital has signed a further deal with Mott Macdonald, existing tenants at 10 Fleet Place in London, whereby Mott Macdonald commits to a further 20,000 sq. ft on the fourth floor of the building.
Thursday, 11. April 2024

ULI and LaSalle launch framework for climate risk rating

A new global report from the Urban Land Institute and LaSalle Investment Management offers a new framework to help the real estate industry act on climate risk disclosure data. Across the real estate industry, practitioners understand physical climate risk to assets and portfolios poses a financial risk, but there are still m...
Thursday, 11. April 2024

Segro reaches full occupancy in its Park Rainham

Segro Park Rainham has reached full occupancy following the agreement of a new lease with Wolseley. The tenant has agreed to occupy 27,783 sq ft of urban warehouse space across two units at the development. The company will join a diverse range of occupiers including Transport for London and London Ambulance Service.
Thursday, 11. April 2024

Multi Corporation returns to UK by investing in Realm

Multi Corporation has bought a majority stake in UK specialist retail asset and property manager Realm. The acquisition signals the return of Multi Corporation to the United Kingdom where it had a significant presence between 2001 and 2021 having developed or managed major retail destinations across the country including the ...
Wednesday, 10. April 2024

Eversheds Sutherland extends lease at One Wood Street

Eversheds Sutherland has agreed to regear its lease on 15,650 sq m. of offices at „One Wood Street“, London EC2. The new lease will see it remain in occupation long term. The global law firm has been a tenant of the property since 2007. „One Wood Street“ is managed through a specialized institutional real estate fund of the K...
Wednesday, 10. April 2024

CREI disposes car showroom in Redhill

Custodian Property Income REIT completes the disposal of a vacant car showroom in Redhill for £2.35m, representing a 15% premium to the 31 December 2023 valuation, previously disclosed in the Company’s announcement of 28 February 2024.
Wednesday, 10. April 2024

Landsec gets planning permission for £250m City office block

The City of London Corporation has approved plans from Landsec to transform Hill House, EC4 into a sustainable workspace and new rooftop restaurant. The news follows planning approval being granted at the end of 2023 for the redevelopment of 55 Old Broad Street, EC2. Combined, the developments will deliver over 660,000 sq ft ...
Tuesday, 9. April 2024

Greykite hires trio from Goldman Sachs

Greykite Investment Adviser has continued to expand its team with the appointments of three former Goldman Sachs professionals, Mike Bradford, Shelby Weiss and Nam Do.
Monday, 8. April 2024

Henley and Chartway agree deal to deliver 162 homes at Ebbsfleet Garden City

Henley Investment Management, in partnership with award-winning South-East development and partnership firm Chartway Partnerships Group, have secured two forward funding agreements to deliver 162 homes in Alkerden Village, Whitecliffe, Ebbsfleet, including a mix of purpose-built rental properties and affordable housing.
Monday, 8. April 2024