SEGRO rebuffs £12.6bn Prologis takeover approach
The unsolicited proposal represented a value of 925p per SEGRO share and comprised 0.084 new Prologis shares for each SEGRO share. The post SEGRO rebuffs £12.6bn Prologis takeover approach appeared…
London councils launch legal challenge against mayor’s affordable homes cuts
The challenge is being led by executive mayors Lutfur Rahman (Tower Hamlets), Zoë Garbett (Hackney) and Liam Shrivastava (Lewisham). The post London councils launch legal challenge against mayor’s affordable homes…
British Land drops opposition to TGJones restructuring after concessions
The landlord accepted the offer of a bigger share in TGJones' turnover if a £40m threshold is reached, but plans to slash rents and shut stores are unchanged. The post…
Knight Frank hires Savills resi chief Kelly to head London sales team
She will join as a partner in September, bringing more than 25 years of experience in the London market. The post Knight Frank hires Savills resi chief Kelly to head…
Schroder European REIT plans managed wind-down
The wind-down is the REIT's last option to address the persistent discount to NAV its shares are trading at, which has “hindered” the business’s ability to grow. The post Schroder…
Savills reports retail parks sector is close to capacity
Available space equates to less than one year of supply, according to the firm's latest research, with planning reform needed to unlock new sites. The post Savills reports retail parks…
TK Maxx to open 26,000 sq ft unit at Ayr Central shopping centre
The store will be situated on the ground floor of the former Debenhams unit. The post TK Maxx to open 26,000 sq ft unit at Ayr Central shopping centre appeared…
Savills finds just over half of homes from 1.5m target will built in this parliament
The firm projects just 837,500 new homes will be completed by 2029-30, after reporting a 4.1% fall in completions to 190,602 in the year to March 2025. The post Savills…
Israeli hospitality group Fattal’s PPHE takeover collapses
The deal ran into opposition from Plaza Holdings, which owns a third of PPHE. The post Israeli hospitality group Fattal’s PPHE takeover collapses appeared first on Property Week. Please visit:…
Liverpool’s 19th century Lewis’s Building hits the market
The partly vacant building, which was one of the UK's first department stores, is being marketed by Avison Young. The post Liverpool’s 19th century Lewis’s Building hits the market appeared…