Essex data centre project seeks alternative power source amid grid delays
Plans for a £2bn data centre in Loughton, Essex, have been hit by grid delays and developer Nscale is now seeking alternative ways to power the site. Nscale had hoped…
Pace of landlord sales slows post-Renters’ Right Act, Hamptons finds
The pace of residential landlords selling up has fallen 18.6% year on year despite the implementation of the Renters’ Rights Act (RRA), new data from estate agency Hamptons has shown.…
SUPR launches £100m fundraise for supermarket shopping spree
Supermarket Income REIT (SUPR) is undertaking a £100m equity raise to acquire nine grocery assets for £216m. SUPR asset: Waitrose, Market Harborough, Leicestershire The deal is split into two portfolios:…
SEGRO scores hat-trick of leasing deals at Coventry development
SEGRO has secured three lease agreements across 540,000 sq ft of space at SEGRO Park Coventry. SEGRO Park Coventry The deals include pre-lets to Volvo Group UK and DIRKS Consumer…
Barratt Redrow to return £400m to shareholders after investor pressure
Housebuilder Barratt Redrow has revealed plans to return £400m to shareholders in the new financial year after coming under pressure from a major shareholder. The housebuilder has unveiled a £386m…
European operator to make UK debut at newly developed Edinburgh hotel
European hospitality group MEININGER Hotels is set to make its UK debut, running a newly developed hotel in Edinburgh. Meininger in Edinburgh The 157-room hotel in the Haymarket area of…
Social Housing REIT completes £108.3m deal for ReSI’s portfolio
Social Housing REIT’s acquisition of a portfolio of senior living assets from Resi Portfolio Holdings, a subsidiary of Residential Secure Income (ReSI), is set to complete tomorrow (16 July). The…
Allsop brings 300-lot catalogue to market at July resi auction
Allsop has released the catalogue for its upcoming 29-30 July residential auction, featuring more than 300 lots, 14 of which are guided at £1m or more. 12-16 Church Hill, Walthamstow,…
Colliers faces accusation of overvaluing Runcorn shopping centre by lenders
Investors have accused Colliers of overvaluing a Runcorn shopping centre, causing them to hold on to the asset and lose money. The claimants, including the trustee of the Bupa pension…
CO-RE hires Barratt to lead new asset management arm
CO-RE has hired Matthew Barratt as head of asset management, marking the London office developer's strategic expansion into asset management. Matthew Barratt, CO-RE’s new head of asset management Barratt will…