BNP Paribas RE appoints new head of London lease advisory
BNP Paribas Real Estate has promoted Richard Stevens as its new head of London lease advisory. The post BNP Paribas RE appoints new head of London lease advisory appeared first…
Commercial investment hits £11.2bn in year to date, Colliers reports
London continues to lead the market, accounting for 41% of total investment volumes, while offices and industrial led by sector, accounting for 24% and 22% of volumes respectively. The post…
Concerns grow as UK construction suffers steepest downturn since 2020, S&P reports
The UK Construction Purchasing Managers' Index fell for the 17th consecutive month, with the new orders index hitting its the lowest level since May 2020. The post Concerns grow as…
Knight Frank markets Manchester Mercure hotel for £9.25m
The hotel has extensive grounds, leisure facilities and the potential to add value via an existing planning permission for 22 additional bedrooms. The post Knight Frank markets Manchester Mercure hotel…
Kennedy Wilson and APG form €2bn Irish PRS joint venture
The JV has been seeded with APG's 1,100-home Cherrywood portfolio and will develop a further 2,300 homes across three Dublin schemes. The post Kennedy Wilson and APG form €2bn Irish…
Starmer says he won’t ‘give in’ to new town naysayers after Enfield’s withdrawal
The prime minister vowed "to get Britain building again" by backing local mayors to step in and push through stalled schemes such as the new town planned for Enfield in…
Top-floor deal takes Stanhope and Mitsubishi’s 8 Bishopsgate to fully let
Law firm King & Spalding took the final available floor in the City office tower, expanding on its existing space in the building. The post Top-floor deal takes Stanhope and…
City Hall overturns rejection of second Barnet resi development
The mayor's office has reversed the rejection of 1,768 homes in the north London borough, approving Barratt London’s 283-home scheme and Arada London's plans for Great North Leisure Park in…
Homes England and Hill Group plot 10,000-home Cambridge scheme
The partners have acquired a 700-acre site for the scheme, where 3m sq ft of commercial space, schools, healthcare provision and public green spaces are also planned. The post Homes…
Research finds nine in 10 construction firms at risk of ‘serious financial distress’
Some 93% of respondents to a survey by UK accountancy firm Menzies reported late payments from clients, while 23% said rising costs were putting unsustainable pressure on margins. The post…