Avison Young losses double to £85m as firm sheds 200 UK staff
Operating expenses rose £4.8m to £98.4m, driven by greater use property management sub contractors. The post Avison Young losses double to £85m as firm sheds 200 UK staff appeared first…
City of London greenlights 850-room student scheme
The scheme will also create a new cultural space and safeguard local landmarks. The post City of London greenlights 850-room student scheme appeared first on Property Week. Please visit: Our…
Manchester office take-up highest since 2022, says Savills
Take-up in the first three quarters of this year was 28% higher than in the same period in 2023. The post Manchester office take-up highest since 2022, says Savills appeared…
Glasgow’s Aurora powers on with office letting to SSE
Letting to power company takes newly refurbished building to 73% let. The post Glasgow’s Aurora powers on with office letting to SSE appeared first on Property Week. Please visit: Our…
Budget 2024: £5bn housebuilding funding ‘incrementally positive’ but ‘unlikely to move the needle’
BPF head Melanie Leech said “much more is needed if the government is to deliver on its 1.5m homes pledge”. The post Budget 2024: £5bn housebuilding funding ‘incrementally positive’ but…
JLL launches commercial property AI platform
Firm said JLL Falcon would “deliver timely, revenue-generating and cost-saving insights” for clients. The post JLL launches commercial property AI platform appeared first on Property Week. Please visit: Our Sponsor
L&G fund snaps up West End asset to continue office acquisitions drive
Legal & General (L&G) has acquired 30 Golden Acre, a newly refurbished office building in London’s West End, on behalf of its Managed Fund. The post L&G fund snaps up…
Savills appointed by receivers to market €60m Dublin offices let to WeWork
Savills has been appointed by receivers to sell a cut-price prime Dublin office for a guide of €60m (£50.2m). The post Savills appointed by receivers to market €60m Dublin offices…
Lidl secures £70m sale-and-leaseback deal to forward-fund 12 new stores
Money generated from the deal reflects the grocery retailer’s “innovative and flexible approaches to growth”, as it pushes to open 10 stores before Christmas amid wider expansion plans. The post…
Knight Frank appoints Morris to new international capital role
He will focus on bringing overseas capital sources to UK opportunities. He will build on the firm’s strategic alliance with Berkadia, the UK-based capital markets business. The post Knight Frank…