Metrocentre secures £70m refinancing with Lloyds
The funding comprises a £50m term loan and a £20m revolving credit facility. The post Metrocentre secures £70m refinancing with Lloyds appeared first on Property Week.
Landsec pushes back construction of 9,000-home pipeline
In its half-year results, the company said its current returns were “insufficient” to carry out construction of the pipeline, which is split across four major schemes in Manchester and London. The post Landsec pushes back construction of 9,000-home pipeline appeared first on Property Week.
CBRE forecasts flex market will reach 20% of all London office space by 2030
The firm said all segments of the market will grow, driven by occupier demand for flexible options and increased participation from landlords. The post CBRE forecasts flex market will reach 20% of all London office space by 2030 appeared first on Property Week.
Ardstone launches £25m sale of Birmingham office block Victoria Square House
The 152,439 sq ft office building is let to four tenants and generates a total annual rent of £3.19m. The post Ardstone launches £25m sale of Birmingham office block Victoria Square House appeared first on Property Week.
PIB enters ‘ping-pong’ stage as MPs send bill back to the Lords
Housing minister Matthew Pennycook said the rejected Lords’ amendments “seek to undermine the core principles” of the Planning and Infrastructure Bill. The post PIB enters ‘ping-pong’ stage as MPs send bill back to the Lords appeared first on Property Week.
Landsec secures 88,000 sq ft of lettings across Victoria office portfolio
The deals take the firm’s Victoria office portfolio to fully leased. The post Landsec secures 88,000 sq ft of lettings across Victoria office portfolio appeared first on Property Week.
Riverside and Mount Anvil get go-ahead for 400-home Isle of Dogs scheme
The redevelopment of the Tiller Road Estate in east London will include 137 affordable homes, which will replace three existing buildings on the estate. The post Riverside and Mount Anvil get go-ahead for 400-home Isle of Dogs scheme appeared first on Property Week.
‘Never been more expensive, complex or risky’ to develop in London, warns Grosvenor’s Raynor
James Raynor, chair of the Westminster Property Association and chief executive of Grosvenor Property UK, has called on the government to give its “full-throated support” to London in the face of development viability challenges that threaten the capital’s global competitiveness. The post ‘Never been more expensive, complex or risky’ to develop in London, warns Grosvenor’s Raynor […]
Knowlemore bolsters its senior executive team with new hires
The private workspace specialist has appointed Steven Mew as director and Beth Hampson as chief commercial officer as part of its growth plans. The post Knowlemore bolsters its senior executive team with new hires appeared first on Property Week.
RX Global to launch Mipim Middle East event next year
The exhibitions organiser said it is launching the event in Riyadh next October in response to a growing Middle Eastern presence at its annual Cannes conference. The post RX Global to launch Mipim Middle East event next year appeared first on Property Week.