Burnham unveils 20% business rate cut for pubs, clubs and live music venues
Andy Burnham has unveiled a 20% business rates cut for nearly 32,000 pubs, clubs and live music venues, in one of his first acts as prime minister. PM Andy Burnham…
Tower Hamlets pledges £143m to accelerated housing programme
Tower Hamlets council has approved a £143m funding package to develop the first 351 homes across 10 sites in its Accelerated Housing Programme. The programme, unveiled by Lutfur Rahman, executive…
Grosvenor finances Beltane and TPG Belgravia office redevelopment
Beltane Asset Management and TPG Angelo Gordon have secured a £53.5m loan from Grosvenor to fund the redevelopment of One Chester Street in Belgravia, central London. One Chester Street, Belgravia,…
The Crown Estate lodges plan for £2bn Cambridge Business Park revamp
The Crown Estate has submitted plans for the £2bn mixed-use redevelopment of Cambridge Business Park, alongside an investment in Greater Cambridge Impact, a body dedicated to tackling inequality in the…
Scrap planning permissions for small builders, Lib Dem spokesperson says
The Liberal Democrats' housing spokesperson Gideon Amos has said small builders should be able to put up a "couple of houses" without planning permission in a bid to free up…
The Crown Estate ramps up development pipeline with mixed-use West End schemes
The Crown Estate has unveiled the next phase of its West End development pipeline – the largest ever in its history – with two major developments, at 10 Piccadilly and…
Soho Estates submits plans for Leicester Square visitor attraction scheme
Soho Estates has submitted plans for the West End's first permanent large-format immersive visitor attraction, in Leicester Square. LSX Leicester Square Known as LSX, the new destination could attract up…
Morgan Williams joins CBRE as joint agent for The Lexicon in Bracknell
Realty Income has reappointed CBRE and added Morgan Williams as joint letting agents for The Lexicon retail and leisure complex in Bracknell, Berkshire. The Lexicon, Bracknell The Lexicon opened in…
SEGRO and Prologis agree terms on £14bn takeover
Prologis’s blockbuster £14bn acquisition of SEGRO looks set to go ahead after the UK REIT’s board announced it would recommend the combination to shareholders. SEGRO Park Coventry The US warehousing…
Blackstone’s Arch Company swoops for Network Rail London assets
Network Rail has sold a portfolio of London properties including Borough Market and a number of railway arches to Blackstone business The Arch Company in a “multi-million-pound deal”. “These assets…