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Property Week

Property Week

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Leading UK commercial property magazine reporting on market trends, valuations and investment strategies.

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Federated Hermes Secures Dual Lettings at Fareham Reach Business Park
News•Feb 26, 2026

Federated Hermes Secures Dual Lettings at Fareham Reach Business Park

Federated Hermes secured dual lettings totalling 34,000 sq ft at Fareham Reach Business Park in Gosport, Hampshire. Healthcare logistics firm Life Couriers UK added 27,231 sq ft, bringing its total footprint to 55,076 sq ft and consolidating its headquarters. The Hampshire Police and Crime Commissioner renewed a 6,669 sq ft office commitment. The park’s strategic location on the M27 corridor near Southampton and Portsmouth ports makes it attractive for logistics and public‑sector tenants.

By Property Week
PKF Francis Clark Expands Office Space at RO Real Estate’s Bristol Development
News•Feb 26, 2026

PKF Francis Clark Expands Office Space at RO Real Estate’s Bristol Development

PKF Francis Clark is moving into 12,960 sq ft of office space on the second and third floors of RO Real Estate’s 90 Victoria Street development in Bristol, vacating its ground‑floor suite by end‑March. RO Real Estate will refurbish the ground floor...

By Property Week
Derwent Sets £1bn Disposal Target as Lone Star Snaps up £110.5m West End Asset
News•Feb 26, 2026

Derwent Sets £1bn Disposal Target as Lone Star Snaps up £110.5m West End Asset

Derwent London announced an accelerated disposal programme targeting £1 billion of asset sales over the next three years, leveraging strong demand for prime office space. The company sold its 103,500‑sq‑ft Fitzrovia office at 90 Whitfield Street to Lone Star for £110.5 million, reflecting...

By Property Week
BGO and LRC Partner to Invest in 2,100-Home Multi-Family Portfolio
News•Feb 26, 2026

BGO and LRC Partner to Invest in 2,100-Home Multi-Family Portfolio

BGO Strategic Capital Partners has teamed with LRC Group to acquire 19 newly built and refurbished residential buildings, forming part of a 2,100‑unit multi‑family portfolio. The deal includes additional add‑on acquisitions, primarily in Greater London, and was executed for an...

By Property Week
Lone Star Real Estate Acquires Derwent London’s 90 Whitfield Street Office Building for £110.5m
Deals•Feb 26, 2026

Lone Star Real Estate Acquires Derwent London’s 90 Whitfield Street Office Building for £110.5m

Derwent London announced the sale of its 103,500 sq ft office building at 90 Whitfield Street in Fitzrovia to Lone Star Real Estate for £110.5 m. The deal reflects a capital value of about £1,100 per sq ft and a 5% net initial yield,...

Property Week
BGO Strategic Capital Partners Partners with LRC Group to Acquire 19 UK Residential Buildings
Deals•Feb 26, 2026

BGO Strategic Capital Partners Partners with LRC Group to Acquire 19 UK Residential Buildings

BGO Strategic Capital Partners has partnered with fund manager LRC Group to acquire 19 newly built and refurbished residential buildings as part of a 2,100‑unit multi‑family portfolio in Greater London. The undisclosed‑value transaction gives BGO scale in the UK residential...

Property Week
Tool Retailer ITS to Set up Shop at Dagenham Logistics Hub
News•Feb 25, 2026

Tool Retailer ITS to Set up Shop at Dagenham Logistics Hub

Trade tool retailer ITS has signed an eight‑year lease for a 17,700 sq ft unit at Padrock’s Dagenham Logistics Hub, slated to open in April as London’s largest tool superstore. The hub comprises 14 industrial units ranging from 6,550 sq ft to 34,825 sq ft, all...

By Property Week
John Lewis Partnership Axes BTR Business
News•Feb 25, 2026

John Lewis Partnership Axes BTR Business

John Lewis Partnership announced it will abandon its build‑to‑rent (BTR) venture, which began in 2020 and includes four schemes in Reading, Bromley, Stratford and West Ealing. The decision stems from a “fundamental shift” in economic conditions – higher interest rates,...

By Property Week
Lipton Rogers and LaSalle Trim Down Barbican Office Scheme After Backlash
News•Feb 25, 2026

Lipton Rogers and LaSalle Trim Down Barbican Office Scheme After Backlash

Lipton Rogers, on behalf of LaSalle, has submitted a revised plan for the 1 Silk Street office project at London’s Barbican Estate, trimming the western tower from 20 to 17 storeys after more than 1,000 objections. The redesign cuts total office space...

By Property Week
L&G Buys Lambeth Hospital Site to Deliver £350m BTR Scheme
News•Feb 25, 2026

L&G Buys Lambeth Hospital Site to Deliver £350m BTR Scheme

Legal & General, together with Nest and PGGM, has signed a contract to purchase the former Lambeth Hospital site in south London for a £350 million build‑to‑rent development. The six‑acre project will create 700 mixed‑tenure homes, featuring all‑electric buildings, green spaces,...

By Property Week
Atenor Secures Planning Permission for Retrofit of 10 New Bridge Street Offices
News•Feb 25, 2026

Atenor Secures Planning Permission for Retrofit of 10 New Bridge Street Offices

Atenor has obtained planning permission for a deep‑retrofit of its Fleet House office at 10 New Bridge Street in the City of London. The scheme will preserve roughly 73% of the 1960s‑era structure while adding a ninth floor and a...

By Property Week
ABP Signs Amazon for 120,000 Sq Ft at Port of Cardiff
News•Feb 25, 2026

ABP Signs Amazon for 120,000 Sq Ft at Port of Cardiff

Amazon has signed a lease for a 120,000 sq ft Grade‑A logistics unit at the Port of Cardiff, the first phase of Associated British Ports’ new business‑park development. The 24‑acre site was quickly adapted to meet Amazon’s specifications and is already operational....

By Property Week
Legal & General Acquires Former Lambeth Hospital Site From NHS for £350m Build‑to‑rent Scheme
Deals•Feb 25, 2026

Legal & General Acquires Former Lambeth Hospital Site From NHS for £350m Build‑to‑rent Scheme

Legal & General (L&G) has exchanged contracts with the South London and Maudsley NHS Foundation Trust to acquire a six‑acre former hospital site in Lambeth. The purchase, made via the Access Development Partnership joint venture with PGGM and Nest, will...

Property Week
Unite Group Profits Plummet 78% as It Forecasts Weaker 2026
News•Feb 24, 2026

Unite Group Profits Plummet 78% as It Forecasts Weaker 2026

Unite Group, the UK’s largest student‑property developer, posted a 78% plunge in 2025 pre‑tax profit to £97.6 m, driven by a £73.7 m portfolio revaluation loss and a £22.5 m swap‑related hit. Revenue grew 10.6% to £332.8 m, but occupancy fell to 95.2% and...

By Property Week
Pandox Secures AIM Loan to Support £1.22bn Dalata Acquisition
News•Feb 24, 2026

Pandox Secures AIM Loan to Support £1.22bn Dalata Acquisition

Pandox secured a €150 million loan to fund its €1.4 billion acquisition of Dalata’s 31‑hotel portfolio across Ireland and the UK. The deal adds 6,626 rooms, bringing Pandox’s total properties to 193 and expanding its footprint in key northern and western European...

By Property Week
Unite Group Sells London St Pancras Way Scheme for £186m to Joint Venture with GIC
Deals•Feb 24, 2026

Unite Group Sells London St Pancras Way Scheme for £186m to Joint Venture with GIC

Unite Group announced the sale of its London St Pancras Way student accommodation scheme to the Unite Student Accommodation Fund, a joint venture with Singapore sovereign‑wealth fund GIC, for £186 million, with Unite receiving £126 million. The transaction was confirmed on 24 February 2026,...

Property Week
Pandox Secures €150m Loan to Fund Dalata Hotel Portfolio Acquisition
Deals•Feb 24, 2026

Pandox Secures €150m Loan to Fund Dalata Hotel Portfolio Acquisition

Pandox, a Nasdaq Stockholm-listed hotel owner, announced it has secured €150 million of financing to fund its €1.4 billion acquisition of Dalata’s portfolio of 31 hotels in Ireland and the UK. The loan will support the integration of the 6,626 rooms added...

Property Week

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