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» Chronological View: " UK " «

Cycas Hospitality boosts senior development team as part of European rollout

Cycas Hospitality boosts senior development team as part of European rollout

Cycas Hospitality has commited to its European expansion by opening its first property in continental Europe and growing its acquisition and development team through three new appointments. Cycas Hospitality has opened a dual-branded property under Marriott’s Moxy and Residence Inn brands. The hotels are located on Amsterdam’...
Wednesday, 7. February 2018
Alliance sells York property to BBRE for £5m

Alliance sells York property to BBRE for £5m

Property Alliance Group has sold a mixed-use property in York for £5m (c. €5.6m) to Boultbee Brooks Real Estate (BBRE). Spanning 23,091 sq ft, 16-24 George Hudson Street includes Grade A office space spread over three floors with retail units on the ground floor. Tenants include My Knowledge Map, bus operator First York, and ...
Tuesday, 6. February 2018
Great Portland Estates appoints CBRE to a total FM contract for 200 Gray's Inn Road

Great Portland Estates appoints CBRE to a total FM contract for 200 Gray's Inn Road

CBRE has been appointed by Great Portland Estates plc to provide a total FM contract for 200 Gray's Inn Road in London. The building was originally designed and built for ITN by world renowned architects Foster & Partners. The building comprises of 291,600 sq feet, providing high quality offices and TV studios for well-known ...
Tuesday, 6. February 2018

Unite appoints Elizabeth McMeikan as Senior Independent Director

The Unite Group has appointed Elizabeth McMeikan (Non-Executive Director and Chair of the Remuneration Committee) as Senior Independent Director and Ross Paterson (Non-Executive Director) as Chair of the Audit Committee. These appointments follow the tragic and sudden death of Manjit Wolstenholme announced on 24 November 2017...
Tuesday, 6. February 2018

Triple Point Social Housing REIT acquires three supported housing properties

Triple Point Social Housing REIT has completed the acquisitions of three supported housing properties, comprising 20 units in total, for an aggregate purchase price of approximately £3.6 million (c. €4 million; excluding costs). The properties are located in Berkshire (6 units), County Durham (6 units) and Lanacashire (8 unit...
Tuesday, 6. February 2018

Watford Community Housing plans to build 675 homes across South West Hertfordshire

Watford Community Housing has secured £65 million (c. €73.2 million) of financing with M&G, enabling the continued construction of 675 homes over the next three years across South West Hertfordshire. The 32-year financing secured by Watford Community Housing will facilitate its ambition of building 1,000 affordable homes by 2...
Tuesday, 6. February 2018

Teddy Sagi adds BUPA House to his £2 billion property portfolio

Teddy Sagi has just purchased BUPA House in Holborn. The purchaser is LabTech Investments, Teddy Sagi's privately owned technology and property co-working company. BUPA House on 15-19 Bloomsbury Way, London, is a 9 storey building covering 82,000 sq. ft. It was the historic home of the BUPA Health insurance company, which has...
Tuesday, 6. February 2018

Sorbet appoints Michael Stoop as NED

Sorbet has appointed Michael Stoop, vice Chairman of the Property Ombudsman, as a non-executive Director. In his career, he was managing director of Winkworth and also headed up Xperience, the Legal & General franchising brand, for 22 years, which then sold to Martin & Co in 2014 (now known as the Property Franchise Group).
Monday, 5. February 2018

USAF acquires student site in Edinburgh

Unite Students Accommodation Fund has acquired 123 Fountainbridge in Edinburgh for a total consideration of £24 million (c.€ 27.19 million), representing an acquisition yield of 6%.
Monday, 5. February 2018

A&O Hotels and Hostels appoints Henri Wilmes as CIO

A&O Hotels and Hostels has appointed Henri Wilmes as Chief Investment Officer. His new role has become effective as of 8 January 2018. Wilmes brings extensive hotel and real estate investment experience to A&O.
Monday, 5. February 2018

Warehouse REIT acquires UK multi-let urban warehouse portfolio for £116 million

Warehouse REIT has exchanged unconditional contracts to acquire from Hansteen Holdings PLC its Industrial Multi Property Trust portfolio, comprising 51 assets, the majority being multi-let UK urban warehouses, for £116 million (c.€131.42 million). The acquisition is in line with the company’s strategy and concludes the succes...
Monday, 5. February 2018

Schroders’ Regional Office Property Unit Trust acquires St Patricks House in Cardiff

The Regional Office Property Unit Trust, advised and managed by Schroder Real Estate, has acquired St Patrick's House on 17 Penarth Road in Cardiff city centre for £14.155 million (c.€16.04 million) from Hodge Bank. The price reflects a net initial yield of 7% and a capital value of £281 (c. €318.35) per sq ft. JLL acted for ...
Monday, 5. February 2018

Spaces opens Guildford site

Spaces opens a new hub in Guildford. Occupying 1,533 sqm of Austen House, Spaces will provide an office building with access to transport links, as well as Guildford town centre.
Friday, 2. February 2018
Henderson Park and Greystar delivers the world’s tallest modular towers in Croydon

Henderson Park and Greystar delivers the world’s tallest modular towers in Croydon

Greystar and Henderson Park have exchanged contracts with Tide Construction Limited, to acquire a c. 550-apartment residential development at 101 George Street in Croydon in London. On completion, the development will comprise two of the world’s tallest towers built using modular construction, at 44-storeys and 38-storeys. Th...
Thursday, 1. February 2018
St. Modwen changes the board

St. Modwen changes the board

St. Modwen Properties appointed Jamie Hopkins as a non-executive director with effect from 1st March 2018. Hopkins is currently the Chief Executive Officer at Workspace Group plc, a position that he has held since April 2012 having joined the board as a non-executive director in June 2010. He has significant experience and kn...
Thursday, 1. February 2018