Aberdeen to take full ownership of Tritax Management by 2029
The deal gives Aberdeen access to the supply chain sector, where Tritax has expanded its assets under management from £5.1bn in 2020 to around £9bn. The post Aberdeen to take…
Hillwood secures £27.7m for Northamptonshire logistics development
The 248,000 sq ft grade-A industrial scheme, Quattro Raunds, will speculatively deliver four industrial units, ranging from 10,600 sq ft to 117,000 sq ft. The post Hillwood secures £27.7m for…
Indurent plates up Heywood Distribution Park lease for Dealicious Mealz
The deal is the third major letting for Indurent across its portfolio in recent weeks, driven by a resurgence in occupier demand. The post Indurent plates up Heywood Distribution Park…
Savills raises £62m from sale of 156 lots at second October auction
The star lot was a freehold former hostel in south-east London, which sold for £2.61m. The post Savills raises £62m from sale of 156 lots at second October auction appeared…
Renters’ Rights Act could trigger ‘period of chaos’, experts warn
BPF assistant director Kate Butler said here are still too many "unanswered questions” about the act's implementation, echoing the concerns of many in the industry. The post Renters’ Rights Act…
British Land sought Poundland ‘preferential side deal’ ahead of retailer’s restructuring
The REIT sought favourable rent terms as part of an “alternative restructuring” that would have excluded other creditors, High Court documents show. The post British Land sought Poundland ‘preferential side…
Morrisons to convert 250 corner shops into convenience stores
The grocery retailer is offering independent corner shop owners the opportunity to convert their stores into Morrisons franchises and is targeting areas where it currently has a limited presence. The…
Moda and Aermont buy Hammersmith site for £300m PBSA scheme
The partners' £1bn purpose-built student accommodation (PBSA) venure is acquiring the west London brownfield site from Malaysian investor Eastern & Oriental. The post Moda and Aermont buy Hammersmith site for…
St William set to develop 2,900 homes at Beckton Riverside in east London
The 30-acre masterplan also includes around 53,820 sq ft of non-residential space and a five-acre riverside park. The post St William set to develop 2,900 homes at Beckton Riverside in…
MPs call for reform of developer levies to offset shortfall in land value capture
Report from cross-party MPs also says government's delay in publishing the Long-Term Housing Strategy has “left industry in the dark". The post MPs call for reform of developer levies to…