Tristan checks into easyHotel with €400m deal
Investor will use acquisition of budget hotel group founded by Sir Stelios Haji-Ioannou to expand its €1bn hotel portfolio The post Tristan checks into easyHotel with €400m deal appeared first…
Lone Star buys £212m student portfolio from Unite
The portfolio comprises 3,656 beds across sites in Aberdeen, Leeds, Leicester, Nottingham and Sheffield. The post Lone Star buys £212m student portfolio from Unite appeared first on Property Week. Please…
Empiric predicts 97% occupancy rate despite reservations slowdown
Reservations are behind those achieved for the 2024-25 academic year at 65%, but the group remains “comfortably ahead” of the wider market in reservations for 2025-26. The post Empiric predicts…
New Buckinghamshire substation expected to power over a dozen data centres
The National Grid is expected to complete the Uxbridge Moor substation by 2029. Once built, it will be the largest substation on the network. The post New Buckinghamshire substation expected…
Foxtons reveals plan to double operating profits to £50m
The group said the new target reflected the “continued momentum” towards its original aim of delivering £28m to £33m of adjusted operating profit. The post Foxtons reveals plan to double…
Investec REALIS buys 33,000 sq ft Brighton office block
Newly launched investment arm continues expansion through second partnership with building manager XLB Property The post Investec REALIS buys 33,000 sq ft Brighton office block appeared first on Property Week.…
Infrastructure agreements are adding 17 months to planning process, says HBF
The Home Builders Federation has revealed that 76% of authorities report that average negotiation timescales for Section 106 agreements exceed 12 months. The post Infrastructure agreements are adding 17 months…
‘Old boys’ club’ attitudes fuel recruitment crisis for property
Industry struggles to attract talent at all levels as other sectors look more dynamic. The post ‘Old boys’ club’ attitudes fuel recruitment crisis for property appeared first on Property Week.…
Manchester council and pension fund bid for 50% MIX Manchester stake
Pair bid for Columbia Threadneedle Investments’ 50% of science and innovation campus next to Manchester airport. The post Manchester council and pension fund bid for 50% MIX Manchester stake appeared…
MPs warn Spending Review will ‘make or break’ housing targets amid budget cut rumours
Chair of the Housing, Communities and Local Government Committee warns new home target will be missed if housing budgets are cut. The post MPs warn Spending Review will ‘make or…