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IHG Hotels & Resorts grows in the European upscale extended stay segment with the signing of Staybridge Suites Budapest - Parksid; Staybridge Suites Antwerp and Staybridge Suites Belfast. The agreements demonstrate the continued popularity of the extended stay segment amongst owners and guests.
Heim had launched a new closed-ended UK residential build-to-core fund targeting £800m of equity commitments which plans to develop 5,000 new mid-market rental homes across the UK. Now the company achieved its first investment, the 375-unit residential development BeckYard in Leeds. The development marks the first investment,...
Carter Jonas, alongside Dodds Brown, has been appointed as leasing agent for Pioneer Group's Wilton Centre, one of the largest R&D sites in Europe, and the proposed 148,000 sq ft Wilton Freeport Development scheme.
West Midlands commercial property consultancy Burley Browne is celebrating winning two new property management instructions in Birmingham. The appointments to manage properties in Erdington and Handsworth brings the property management rent role to more than £6.5 million per year.
Housebuilder Honey has submitted plans to deliver a £46m, 185 new home development on a 39-acre site on Tickhill Road in Maltby, near Rotherham. The housebuilder acquired the site from land and property development specialist Hargreaves Land for an undisclosed sum. Hargreaves Land promoted the site, securing a greenbelt relea...
Patron Capital has appointed Mal Hunt as Senior Partner and Head of Investor Relations & Strategic Partnerships. This follows the recent close of Patron's seventh flagship fund, which raised in excess of €860 million, including more than €200 million of discretionary co-investment capital for larger opportunities.
Detailed designs for three new interconnected buildings which will be Yasa's new UK HQ based at Bicester Motion, the 444-acre future mobility estate in Bicester Oxfordshire, have been approved by Cherwell District Council.
CBRE has promoted Colin Thomasson to Head of UK Investment Properties. Colin, who is an Executive Director, will maintain his current responsibility for running the Northern Investment Properties business, alongside his new nationwide role. He will continue to be based in CBRE’s Manchester office and will retain his role as l...
Helical plc has entered into a joint venture arrangement for the redevelopment of 100 New Bridge Street, London EC4 selling a 50% interest for £55 million on a preferred equity basis to a vehicle led by Orion Capital Managers.
British Land has exchanged contracts for the sale of its 50% stake in Meadowhall Shopping Centre to its partner Norges Bank Investment Management for £360m. The agreement was signed on 18 May 2024, with completion expected on 12 July 2024.
Centrick has stepped up its ambitious national expansion drive with the launch of two new offices in the south east and north west as it continues to secure major new building and estate management contracts across the country.
Sirius Real Estate has issued €59.9 million nominal value of notes (the „Issuance“) to be consolidated and form a single series with the €300 million 1.75% bonds due November 2028, issued originally on 18 November 2021 (ISIN: XS2412732708) (the „11/2021 Notes“). The new notes were priced in line with current trading levels a...
GRE Finance has completed two loans, worth c. £10 million, secured against a £50m GDV planning reposition deal and an operational country house hotel, as the firm continues to expand its loan book amid significant opportunities for lending against value-add real estate assets.
BNP Paribas Real Estate’s analysis of Q1 2024 has revealed that investment activity from US-based buyers into UK commercial real estate (CRE) has risen substantially, with London recording its highest share versus the rest of the UK in almost a decade. The analysis demonstrates that US-based investors are seeing value in curr...
Odeon Cinemas will be the new anchor of the scheme's £60m leisure extension, opening an eight-screen cinema later this year. It marks a regional debut for the operator, as its first in Cambridgeshire, and reaffirms Queensgate's position as a top UK shopping centre destination, focused on delivering a well-rounded day-to-night...
Godwin Developments has recently secured its second site in Bristol through the acquisition of Places for People’s consented Dove Lane scheme. The gateway development situated in central Bristol has detailed planning for 358 homes, including 72 affordable properties, spread across buildings of various heights, as well as publ...