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UK

Allsop raises £238m in auctions in first quarter

Allsop has raised £55.8 million through the sale of 182 lots in its March residential auction, representing an 83% success rate, and begun preparations for its April sale. The completion of the third residential auction sale of the year brings the total the company has raised through residential and commercial auctions in Q1 ...
Tuesday, 2. April 2024

Recruitment specialist signs Luton office deal

A Bedfordshire-based specialist recruitment company has agreed a deal on new offices in Luton. The unnamed business is relocating to Mulberry House at Capability Green – one of the UK's premier business parks – after agreeing a 10-year lease on 7,619 sq ft of first floor office space. Kirkby Diamond agreed an off-market deal ...
Tuesday, 2. April 2024

Søstrene Grene set to open at Festival Place

Søstrene Grene is set to open at Festival Place in Basingstoke. The lifestyle brand will make its Hampshire debut this year, bolstering Festival Place's position as a key regional hub for fast-growing, sought-after brands.
Tuesday, 2. April 2024

CBRE AHF looks back at successful year 2023

CBRE UK Affordable Housing Fund has committed capital to acquire and develop 522 affordable rental homes through forward funding and forward commitment transactions in the last 12 months.
Tuesday, 2. April 2024

Knight Frank appoints Philipp Ueberschaer

Knight Frank has appointed Philipp Ueberschaer as EMEA Head of Occupier Strategy & Solutions. With over 18 years’ experience as a real estate professional, Philipp has transacted several million sq ft in markets across the globe, advising large corporations from a wide range of sectors on their global portfolios and real esta...
Tuesday, 2. April 2024

Picton sells Angel Gate to QSquare

Picton has agreed to sell its second largest office asset, Angel Gate, London, EC1 for £29.6 million, with completion due on 9 April 2024. This is in line with the Company’s strategy to repurpose appropriate office assets and follows the Company securing residential planning consents during 2023 and a subsequent structured ma...
Tuesday, 2. April 2024

Saira Johnston joins board of Picton as CFO

Saira Johnston joined the Board as Chief Financial Officer for Picton, effective 1 April 2024. Andrew Dewhirst, who is retiring from the company, has stepped down from the Board and will leave the business following a smooth transition and delivery of the 2024 Annual Report and Accounts.
Tuesday, 2. April 2024

Ascend appoints Maxwell Guthrie as Head of Experience & Product

Ascend Properties has appointed Maxwell Guthrie to the role of Head of Experience & Product. Maxwell will be continuing the development of the firm’s experience strategies and products, collaborating with all departments to ensure a fully integrated offering. His initial focus will be to review Ascend’s market-defining custom...
Thursday, 28. March 2024

WPA and Arup release study concerning West End growth

A new study from the Westminster Property Association and Arup has found that a more ‘balanced and flexible’ approach to planning could address a sharp decline in major development projects in the West End and deliver an additional 14m sq ft of commercial space and create 87,000 new jobs over the next twenty years. The resear...
Thursday, 28. March 2024

CBRE IM closes third green bond in EMEA

CBRE Investment Management, on behalf of a fund sponsored by the firm, has priced its third Green Eurobond debt offering of senior unsecured notes raising €750 million. The issuance marks the return of the fund to the public debt market since 2021 as well as the fund's inaugural issuance of its €3 billion Euro Medium Term Not...
Thursday, 28. March 2024

London Metric appoints Sandy Gumm as non-executive director

LondonMetric Property Plc appoints Sandy Gumm as a Non-Executive Director with effect from 27 March 2024. Gumm is an Australian qualified Chartered Accountant with over 31 years’ of commercial real estate and finance experience. She was most recently a Non-executive Director of LXi REIT plc (“LXi”) and, prior to that, a Non-e...
Thursday, 28. March 2024

AM Sci Tech completes hat-trick of office lettings in Aberdeen

AM Sci Tech has recently completed a hat-trick of significant deals across the Aberdeen Energy & Innovation Parks, totalling approximately 7,000 sq ft. The agreements include the expansion of existing occupier Kaseum Technology, as well as new leases with Italmatch Chemicals and WorkNest.
Thursday, 28. March 2024

Jeremy Bishop launches Arkus Real Estate

Jeremy Bishop has launched Arkus Real Estate, an investment and development firm focused on creating fit-for-purpose real estate. Seeking to take advantage of the pricing reset caused by the convergence of 2023’s soaring interest rates, the impact of technology on logistics, office and retail real estate, and continued demand...
Wednesday, 27. March 2024

Bloom completes Brixton warehouse development

Bloom has completed the second development in central London for its £250 million ultra-urban warehouse joint venture with TPG Angelo Gordon. Bloom Brixton, at 146-148 Brixton Hill, comprises five units, totalling 35,417 sq ft, designed by Chetwoods. The warehouses are multi storey across ground and first floors with goods li...
Wednesday, 27. March 2024