Ocado signing takes Indurent Park Stoke Central to fully let
Indurent has fully let Indurent Park Stoke Central after agreeing a new 15-year lease with online grocery retailer Ocado for the final available unit, C55. Indurent Park Stoke Central The…
Prologis UK snaps up Trafford Park regeneration site
Prologis UK has entered the North West market with the acquisition of an 8.66-acre regeneration site at Trafford Park in Greater Manchester for an undisclosed sum. Trafford Park, Manchester Prologis…
Oxford Properties signs Mishcon de Reya for 161,000 sq ft Holborn HQ
Oxford Properties Group has signed law firm Mishcon de Reya on a 20-year, 161,000 sq ft anchor lease at its MidCity Place offices in Holborn, London. MidCity Place, Holborn Oxford…
Arada unveils first-stage plans for £2.5bn Thameside West project
UAE developer Arada has unveiled the first-phase plans for its 1,500-home Thameside West urban regeneration masterplan at London’s Royal Docks, with a £2.5bn gross development value. CGI of Arada’s Thameside…
Prologis ‘disappointed’ with 11th-hour SEGRO talks as bid deadline looms
Prologis has said it is “disappointed” by the failure of discussions with SEGRO’s board over a potential takeover of the UK firm. SEGRO North Feltham, London The US warehousing firm…
Panattoni warns higher warehouse rates would hit consumers and growth
Europe’s largest logistics developer has warned that new prime minster Andy Burnham’s plans to increase warehouse business rates risks “higher costs for consumers” and would damage growth. Nick Cripps, Panattoni…
Housebuilder profit warnings hit 2008 levels, report finds
The number of UK FTSE-listed housebuilders that have issued profits warnings in H1 2026 has matched the peak seen during the 2008 financial crash, according to data from EY-Parthenon. In…
Croydon Council objects to draft London Plan to protect ‘sacrosanct’ green belt
Croydon Council has said it will object to the new draft London Plan because of proposals to use “sacrosanct” green belt land for housing. Croydon: 21,544 new homes planned Last…
SEGRO rejects third Prologis takeover bid worth £13.5bn
SEGRO has rejected a third takeover proposal from Prologis, valuing the business at £13.5bn. SEGRO Park Coventry The US logistics property giant’s proposal comprised 0.0890 new Prologis shares for each…
Revaluation drives L&G Affordable Homes to £24.2m loss
Legal & General (L&G) Affordable Homes has reported a £24.2m profit loss for 2025 despite an increase in turnover following a portfolio revaluation. Shaun Holdcroft, Legal & General Affordable Homes…