Standard Chartered ups commitment to City HQ as Oxygen gets going on major retrofit
Global bank has committed to another floor until 2037
Oxygen, the London-focused asset management firm, has started work on a major retrofit upgrade to One Basinghall Avenue, a landmark building in London’s Square Mile.
The CoStar 2024 panel review: Leading industry figures take stock across the sectors
Leaders from Blackstone, British Land, NewRiver REIT and Leumi discuss the key UK themes of 2024
CoStar recently hosted a seminar at the 22 Bishopsgate tower in the City of London looking at market trends from 2024 and the opportunities and risks as the rebound takes hold.
CBRE appoints head of occupier for European industrial and logistics
Carl Deppisch will be based in Zurich
CBRE has appointed Carl Deppisch as head of occupier for its European industrial and logistics business.
Fore lands Sage for Tower Bridge office move
Firm is taking 30,800 square feet at TBC.London
Fore Partnership has agreed a prelet with The Sage Group for 30,800 square feet of workspace over two floors at TBC.London in Tower Bridge in London.
NewRiver REIT prepares for 'transformational' growth after Capital & Regional acquisition
REIT says busy M&A period has come alongside strong operational performance
NewRiver REIT said its just-completed takeover of the Capital & Regional business would be "transformational", taking it to £2.4 billion of assets owned or under management and giv...
Praxis buys massive Kent mixed-use business park from Prologis and Harbert
The 63-acre campus last changed hands for £136 million and is home to Rolex's HQ
Praxis, the private real estate investment platform, has bought 63 acres of Kings Hill town centre in Kent, adding close to half a million square feet of mixed-use commercial space...
Brookfield lodges major City 'retrofit-first' offices plans
Canadian investor planning 50% increase in offices
Canadian investment giant Brookfield Properties has lodged its plans for a major "retrofit-first" redevelopment of Milton Gate, law firm Addleshaw Goddard's to-be-vacated headquart...
Lendlease lodges plans for Birmingham Smithfield build-to-rent
Plans are first residential at giant regeneration scheme
Lendlease has submitted a planning application for a mixed-use building at the regeneration of Birmingham Smithfield.
Grosvenor says regional offices in investment drive paying off
Duke of Westminster's property company reports on increased leasing and rents
Grosvenor, the Duke of Westminster's property company, says that midway through a £35 million refurbishment programme it is seeing major increases in leasing activity and rents at ...
CBRE appoints Scotland managing director
Matt Willcock takes up reins from David Smith
CBRE has announced that Matt Willcock will become managing director – Scotland on 1 January.
Redevco appoints UK portfolio director after £518 million retail parks acquisition
Deborah Green joins from retail parks vendor Oxford Properties
Redevco, one of Europe’s largest privately-owned real estate managers, has followed its completion of the acquisition of a £518 million portfolio of retail parks by appointing Debo...
Frasers signs series of lettings at Luton mall
Tenants are taking larger stores at Luton Point
Frasers Group has signed a number of tenants for first stores and larger stores at Luton Point shopping centre in Luton, Bedfordshire.
Amazon circles 1 million-square-foot Golden Triangle warehouse
E-commerce giant in talks with a major developer for a build-to-suit unit by the A14
Amazon is looking to strike a deal for a major distribution hub in Kettering, CoStar News can reveal.
Bridges and Evenacre sell Leeds offices
Marcus Langlands Pearse's new vehicle advises buyer
Bridges Fund Management and Evenacre have sold 6 East Parade, an office in central Leeds for more than £10 million to Marcus Langland Pearse's new STR Capital vehicle, acting for a...
Aareal Bank backs Redevco's blockbuster retail park acquisition with £290 million loan
Senior loan has a 55% loan to value
Germany's Aareal Bank has provided a £290 million senior loan to Redevco, the Dutch retail investment company, to finance the acquisition of 16 retail warehouses across the UK it h...
Canary Wharf Group secures £610 million Apollo loan
Loan secured against retail portfolio taking refinancings in last 12 months to £2 billion
Canary Wharf Group has completed a £610 million loan secured against its Docklands estate's retail portfolio in London, with clients and funds managed by Apollo.
Redevco completes £518 million UK retail park portfolio acquisition
Portfolio bought from Oxford Properties
Redevco, one of Europe’s largest privately owned real estate managers, has completed its acquisition of a portfolio of 16 retail parks across the UK for £518 million.
Redevco to buy £520 million UK retail parks portfolio
Sale by Oxford Properties and M7 is one of largest in sector
Redevco has exchanged to buy a portfolio of UK retail parks for around £520 million or a circa 6% yield from Oxford Properties and M7 Real Estate.
Spotlight on £1.84 billion of commercial property up for sale as St. James's Place winds down funds
Property is spread across the country and all commercial asset classes
The UK's largest wealth manager St. James's Place is to close all three of its property funds, effectively hoisting a for-sale sign over £1.84 billion of commercial property.
Major Glasgow office requirement lights up market
A look at the options for the up-to-120,000-square-footGrade A move
JLL has launched a major office requirement in central Glasgow for an undisclosed client.