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LONDON-Hammerson has raised £30.9 million ($55 million) with the sale of one of the properties it acquired in the Grantchester portfolio of out-of-town retail parks. The Ravensbourne Retail Park in Catford, south-east London has been sold to Standard Life Investments.
LONDON-Cushman & Wakefield Healey & Baker is to buy the specialist European fund management business Fountain Capital Partners, recently the subject of a management buyout from Catella.
LONDON-Morley Fund management has pulled out of the Bristol Alliance, the consortium put together to carry out the £500 million ($900 million) Broadmead development in Bristol. Its stake has been bought by the remaining partners, Land Securities and Hammerson.
LONDON-A joint venture between Amec Developments and Taylor Woodrow Developments has been selected as preferred developer for the Lewisham Gateway site in Lewisham, south-east London. Their proposals include around one million sf of development including apartments, shops, bars, restaurants and leisure amenities.
LONDON-Norwich Union has injected its 320,000-sf Galleries shopping centre in Bristol into the Mall Fund, Capital & Regional's town centre retail fund, in return for £123 million ($225 million) of units in the fund. The Mall now owns 5.5 million sf in 18 shopping centres across the UK worth £1.5 billion ($2.8 billion).
LONDON-After a two-year wait, Resolution Property, Blackstone and JER Partners have attracted the first occupier to their London Gate business park at Hayes, west London, with a56,000 sf office letting.
LONDON-Calthorpe Estates and Barberry Developments have been granted planning permission to proceed with a £40-million office ($75-million) 123,000-sf office development at Five Ways in Birmingham city centre.
LONDON-Quintain and Countryside Properties have forward sold the commercial element of their mixed-use development at Merton Abbey Mills, South-West London to AXA Sun Life for £15.7 million ($28 million, reflecting a net initial yield of 7%.
LONDON-ProLogis has started building its first phase of speculative warehouse development at the former Michelin Tyre factory at Campbell Road, Stoke on Trent. The first unit will measure 250,000 sf and will be extendable to 500,000 sf.
LONDON-In one of the biggest private sector property outsourcing deals insurance giant Norwich Union has agreed to transfer 1.2 million sf of office space worth £150 million ($270 million) to Land Securities Trillium.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource