Manchester’s X1 Media City developer appoints administrators
The company was responsible for delivering X1’s four-tower resi scheme in Salford Quays. Three towers have been completed, with the fourth still under construction. The post Manchester’s X1 Media City…
Blacksand snaps up Morrisons distribution facility in Scotland
The 620,090 sq ft grade-A distribution facility at Righead Industrial Estate in North Lanarkshire is fully let to the supermarket chain. The post Blacksand snaps up Morrisons distribution facility in…
Here East to deliver extra space for higher education
Owner Delancey has gained consent for a 121,000 sq ft expansion of the site at Queen Elizabeth Olympic Park in east London, already home to a number of universities. The…
Activist investor Saba doubles down on Workspace asset sale plan
The US hedge fund aims to persuade other shareholders to back its alternative turnaround plan for the loss-making flex office firm. The post Activist investor Saba doubles down on Workspace…
Hammerson completes £69m of non-core disposals
In addition to selling several assets, the firm recently completed the acquisition of the remaining 50% interest in the ILAC shopping centre in Dublin. The post Hammerson completes £69m of…
Unite reiterates earnings guidance despite dip in property valuations
Chief executive Joe Lister said: “We have seen strong progress in reservations for the 2026-27 academic year since our last update in May." The post Unite reiterates earnings guidance despite…
SEGRO and Pure announce second data centre JV
The plan to develop a fully fitted data centre in Paris follows the granting of planning consent for the pair's first project in Park Royal, west London. The post SEGRO…
Vistry forecasts £30m loss for H1 as CFO departs
According to chief executive Adam Daniels, the group’s recent initiatives have had a “sizeable adverse impact on the profit recorded in the first half of the year”. The post Vistry…
Residential construction starts nosedive 52% year on year, Glenigan reveals
The insight and research firm attributed the decline to ongoing stagnation caused by high interest rates as well as rising labour and material costs. The post Residential construction starts nosedive…
TPG Angelo Gordon and Blomfield secure £100m facility for IOS platform
The finance from Leumi will be used to scale the Concreit platform, which focuses on acquiring and stabilising industrial outdoor storage sites across the UK. The post TPG Angelo Gordon…