CMA updates studies into housing sector
The Competition and Markets Authority (CMA) has today published progress updates on its separate ongoing reports on the housebuilding and private rented sectors (PRS), which aim to create new outcomes for the housing sector to support businesses, tenants and the economy.
Capital & Regional raises £25m for The Gyle Shopping Centre acquisition
Capital & Regional, the UK-focused REIT with a portfolio of in-town community shopping centres, has raised £25m through an open offer of shares to part fund the acquisition of The Gyle Shopping Centre.
West End market ‘picking back up’ with £1bn under offer
Over £1bn of deals are under offer in the West End as the market shows signs of recovery, while office availability has exceeded £4bn to reach the highest volume this year to date.
Historic Birmingham pub leads Bond Wolfe’s September auction
A Victorian pub at the heart of Birmingham city centre’s professional services sector is the flagship lot at Bond Wolfe’s upcoming auction.
C&W refinances $1.4bn of debt
Global real estate giant Cushman &Wakefield (C&W) has secured a $1bn (£793.5m) refinancing loan and closed the offering of $400m of its senior secured notes to strengthen its ability to deliver on its strategic priorities.
Ikea Oxford Street opening pushed back over ‘complex’ renovations
The much-anticipated opening of Ikea’s Oxford Street store has been pushed back until next year due to the complexity of the renovations required for the building.
HMV owner steps in with last-minute bid for parts of financially stricken Wilko
HMV owner Doug Putman has reportedly stepped in at the last minute with a bid to purchase parts of financially stricken budget retailer Wilko.
St Helens council wins CPO battle with pub unlocking town centre regeneration plans
A government planning inspector has ruled in favour of St Helens Borough Council’s compulsory purchase order (CPO) for a pub to make way for a major town centre redevelopment.
CEG secures Evelyn Partners pre-let for Bristol’s EQ office scheme
Evelyn Partners has agreed terms to relocate its Bristol office to Commercial Estates Group’s (CEG’s) EQ development at 111 Victoria Street, taking 27,382 sq ft.
Tai Calon Community Housing gains new funding for new affordable homes programme
South Wales-based Tai Calon Community Housing has secured a £105m long-term debt refinancing with NatWest Group to support its future development plans.
MCR Property Group completes refinancing for Luton resi scheme
Real estate developer MCR Property Group has completed the refinancing of its Stockwood Gardens residential scheme in Luton, Bedfordshire, under an £11m deal.
Humber Freeport moves forward with 200-heactare Goole site
Humber Freeport has submitted formal boundary map plans to the government for 200 hectares of undeveloped land in Goole, East Yorkshire, where it plans to establish a freeport tax site.
Government presses pause on Stanhope’s 1.6m sq ft Waterloo offices hub
The government has issued an Article 31 Holding Directive on Stanhope’s contentious plans for a 1.7m sq ft office and life sciences hub near Waterloo, halting the scheme.
Experts call for Crooked House to be restored to former glory
‘Iconic’ pub demolished following a fire could be rebuilt in a similar way to the Carlton Tavern in Maida Vale.
Doncaster block of 55 flats for £3.1m leads upcoming Savills auction
A block of 55 flats in Doncaster leads Savills’ September auction at a guide price of £3.1m.
Kadans signs gene therapy firm AviadoBio for Canary Wharf centre
Kadans Science Partner has secured AviadoBio for its recently completed wet lab and flexible workspace centre at Canary Wharf.
