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.
Watkin Jones completes Colchester student scheme
Watkin Jones has completed on a 286-bed student development in Colchester, Essex on behalf of Moorfield Group and Melberry Developments.
Wavensmere Homes submits plans for 276-home mixed-use scheme
Property developer Wavensmere Homes and Clowes Development have submitted plans for the redevelopment of two landmark buildings into a 276-home mixed-use scheme in Derby.
Lloyds signs major flex office lease in Birmingham
Lloyds Banking Group has taken nearly 60,000 sq ft of flexible office space at Brindleyplace in Birmingham while it refurbishes its headquarters in the city at 125 Colmore Row.
AshbyCapital refinances £50m retail park
AshbyCapital has refinanced two of its retail parks with a three-year, £50m loan facility provided by Deutsche Hypo.
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.
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.
Buckland Group unveils ‘groundbreaking’ business model for SME housebuilding
The Buckland Group has struck a deal with three regional housebuilders to provide homes at a garden village development in Hampshire under what it claims is a “groundbreaking” new business model for the industry.
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.
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.
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.
LSH makes four hires in Belfast
Lambert Smith Hampton (LSH) has made four appointments to its team in Belfast, including two directors.
Regional focus: Ireland
Dublin’s office market has been hit by dampened demand from tech firms, but is it just a blip or the sign of a longer-term downturn?