CMA to review £723m Unite and Empiric merger
The competition watchdog said it would gather views on the deal’s potential impact, but had not yet launched a formal investigation. The post CMA to review £723m Unite and Empiric merger appeared first on Property Week.
Landsec appoints KLM Real Estate as leasing agents for trio of leisure parks
The agency has been appointed to work alongside CBRE on Xscape centres in Milton Keynes and Yorkshire, plus Tower Park in Poole. The post Landsec appoints KLM Real Estate as leasing agents for trio of leisure parks appeared first on Property Week.
Built environment accounts for a quarter of UK gross value added, report reveals
Study by think tank New London Architecture finds the built environment contributes twice the GVA of financial services and four times as much as the creative industries. The post Built environment accounts for a quarter of UK gross value added, report reveals appeared first on Property Week.
US tech giants line up £31bn investment in the UK’s AI and data centre sectors
The cross-Atlantic Tech Prosperity Deal will see the likes of Microsoft, NVIDIA, Google, OpenAI and BlackRock invest in AI infrastructure and research across the UK. The post US tech giants line up £31bn investment in the UK’s AI and data centre sectors appeared first on Property Week.
LSL grows revenue amid strategic investments in group expansion and tech upgrades
Group underlying operating profit was up 3% to £14.8m, while underlying operating margin was steady at 17%. The post LSL grows revenue amid strategic investments in group expansion and tech upgrades appeared first on Property Week.
Supermarket Income REIT primed to deploy £250m following ‘transformational year’
The company’s share price is up 14.16% so far this year, while it has narrowed the discount to net asset value its shares trade at from 26% to around 10%. The post Supermarket Income REIT primed to deploy £250m following ‘transformational year’ appeared first on Property Week.
London’s housing development targets ‘unachievable’, warns HBF
Home Builders Federation report reveals only 30,000 homes were completed in London in the year to June, down 12% from the previous year. The post London’s housing development targets ‘unachievable’, warns HBF appeared first on Property Week.
Antrim Technology Park hits market with £5.5m price tag
Invest Northern Ireland has put the 16-unit business park up for sale. The post Antrim Technology Park hits market with £5.5m price tag appeared first on Property Week.
QuadReal buys 6,000-home BTR operating platform from Realstar
A large part of the portfolio, which is spread across London, Manchester, Birmingham, Leeds and Dublin, operates under the UNCLE brand. The post QuadReal buys 6,000-home BTR operating platform from Realstar appeared first on Property Week.
Stanhope and Cheyne snap up Landsec’s £450m South Bank office development
Landsec secured planning in 2023 for the South Bank scheme but put it on pause in March amid plans for a £2bn office sell-off. The post Stanhope and Cheyne snap up Landsec’s £450m South Bank office development appeared first on Property Week.