CBRE Strengthens Development Advisory and Residential Land Team
CBRE has bolstered its development advisory and residential land capabilities in Bristol and the South West by appointing senior director Nic Rumble from JLL and development finance expert Martha Freer. The expanded team now includes five specialists offering end‑to‑end services to landowners, local authorities, developers, occupiers and investors across multiple living sectors. Their portfolio covers build‑to‑rent, single‑family rentals, co‑living, purpose‑built student accommodation and strategic land. Tom Morris, MD for CBRE Midlands and South West, highlighted growing regional demand for integrated development advice.
Redical Seals Deal to Acquire Merry Hill Shopping Centre
Redical has completed the acquisition of the Merry Hill shopping centre in the West Midlands for an estimated £280 million. The 92‑acre super‑regional mall, now 96 % let after a £125 million refurbishment, recorded 15 million visitors in 2025 and a 4.3 % rise in...
Zedwell Continues Fast-Paced UK Rollout with York Debut
Criterion Capital announced that its Zedwell capsule‑hotel brand will convert the historic 48 Coney Street in York into a new property. The grade‑II‑listed mock‑Tudor building will join recent Zedwell openings in Oxford and London, where the company launched the world’s...
Builders Invested over £3bn in Single-Family Housing in 2025, Savills Reports
UK housebuilders poured £3.17 bn into single‑family housing (SFH) rentals in 2025, a jump from £544 m in 2022 and representing 59 % of all build‑to‑rent (BTR) capital last year. The share of BTR investment in SFH has risen dramatically from 6 % in...
Z Hotels Secures £79m Loan to Refinance Pair of Prime Central London Assets
Z Hotels has secured a £79 million loan from Metro Bank to refinance its two prime central London hotels in Leicester Square and Covent Garden. The facility, arranged by Beckford Advisory, is secured against the freehold assets and replaces earlier development‑finance...
Ex Boss Brings Whistleblowing Legal Action Against Battersea Power Station
Former Battersea Power Station CEO Don O'Sullivan has filed a whistleblowing claim alleging serious financial misreporting and unfair dismissal by the Malaysian‑owned development company. The London South Employment Tribunal has scheduled the case for a final hearing in 2029, reflecting...
Savills Rakes in £45m at March Resi and Commercial Auction
Savills generated more than £45 million at its 17 March auction, selling 129 residential, commercial and mixed‑use lots with a 72 percent success rate. The highest price was a 2,600 sq ft Belgravia flat that fetched £2.37 million. Commercial assets contributed £15 million, highlighted by a mixed‑use...
Currys Triples Workspace at WeWork’s Flagship Waterloo Site
Currys is expanding its headquarters at WeWork’s flagship 10 York Road location in Waterloo, increasing its workspace from 6,700 sq ft to 18,200 sq ft – a three‑fold growth. The retailer cites a recent internal survey where 93 % of office staff said hybrid working improved work‑life...
ME Asset Management Launches Platform Targeting Assets Affected by Building Safety Challenges
ME Asset Management has launched a specialist investment platform that targets real‑estate assets burdened by building‑safety and remediation challenges. The platform pairs capital with in‑house remediation capabilities to acquire assets where technical complexity has caused pricing dislocation. Its first deal...
Lothian Pension Fund Snaps up Edinburgh Premier Inn-Anchored Asset
Lothian Pension Fund has purchased the Hanover Buildings – the Premier Inn‑anchored Edinburgh Hub and five surrounding retail and leisure units – from Oval Real Estate for £23.4 million. The transaction delivers a net initial yield of 5.66 % and the 145‑room hotel...
ARGO and Blue Coast Splash £50m on High Wycombe Industrial Estate
ARGO Real Estate has purchased the Merlin Centre at Cressex Business Park in High Wycombe for close to £50 million. The 213,004 sq ft, 12‑unit industrial estate is fully let to 11 occupiers and fits ARGO’s brown‑to‑green urban logistics strategy with Blue Coast Capital....
AI Firm Pre-Lets Derwent’s London West End Network Development
Derwent London has pre‑let its 136,300 sq ft Network office development in Fitzrovia to data‑analytics giant Databricks. The AI firm signed a 15‑year lease with a break clause in year ten, paying an annual rent of £14.1 million. The deal adds to Derwent’s...
Manner’s Hotspur Press Plans Move Ahead After ‘Devastating’ Fire
Developer Manner has re‑secured planning permission to erect a 35‑storey student accommodation tower on Manchester’s former Hotspur Press site after a June 2025 fire destroyed most of the historic mill. The revised scheme, designed by Hodder + Partners, provides 619 student bedrooms,...
GPE Sells West End Office to Feldberg in £176m Deal
Great Portland Estates (GPE) has sold its Wells&More office‑led scheme in Fitzrovia to Feldberg Capital on behalf of Fastighets AB Balder for £172 million. The 116,000‑sq‑ft asset, comprising 97,342 sq ft of Grade‑A office space, generated roughly £9.2 million of annual rent and carries a weighted‑average...
Landsec Brings in Partner to Roll Out Retail Portfolio EV Charging Network
Landsec has struck a 20‑year partnership with RAW Charging to install a £24.5 million electric‑vehicle charging network across its flagship retail destinations. The rollout will deliver 1,000 charging bays – 554 AC fast and 446 DC rapid – at 28 sites,...
Chancerygate Lands Manchester Airport’s World Freight Terminal
Chancerygate has purchased Manchester Airport’s 825,000 sq ft World Freight Terminal multi‑let industrial estate from Columbia Threadneedle for an undisclosed amount. The 54‑acre site houses 64 units across 17 buildings and is 95% occupied, with recent construction accounting for 39% of the...
Greystar Buys Native Communities as It Expands Across Europe
Greystar has agreed to purchase UK‑based third‑party operator Native Communities from founder Guy Nixon for an undisclosed amount. The acquisition adds 37 residential and mixed‑use assets, encompassing more than 9,000 homes across England, Scotland and Wales, to Greystar’s portfolio. Combined...
Saunders Named CEO of Battersea Power Station Development Company
James Saunders has been appointed chief executive of Battersea Power Station Development Company, succeeding interim leader Sam Cotton. Saunders brings 18 years of experience overseeing the mixed‑use Wembley Park estate, most recently as CEO of Quintain. His appointment coincides with...
Private Housing Dealt ‘Significant Blow’ as Construction Levels Drop 6.3%
The Office for National Statistics reports that private housing construction output in Britain fell 6.3% in the three months to January 2026, contributing to a 2% decline in total construction output. While repair and maintenance activity rose 3.3% in January,...
Glenveagh Hails a Strong 2025 as Profits and Completions Rise
Irish housebuilder Glenveagh Properties reported a strong 2025, with pre‑tax profit rising 10% to €125 m and housing completions up 11% to 2,568 units. Revenue reached a record €926 m, driven by a 61% surge in partnership income despite a 14% dip...
Sky Secures Long-Term Lease at 55 Douglas Street in Glasgow
Sky has signed a long‑term lease for 26,184 sq ft of Grade‑A office space on the fourth and fifth floors of 55 Douglas Street in Glasgow. The move, slated for late May 2026, includes a bespoke fit‑out for its customer‑service teams and a...
Nottingham War Rooms Sold for 104-Home Mixed-Use Scheme
London-based Hamilton Russell Harper Wood, part of the Langcroft Group, has purchased the historic Nottingham War Rooms from Homes England to launch a mixed‑use regeneration. The project will see 104 affordable homes built by East Midlands Housing Group alongside new...
Linear Living Submits Plans for 251-Home Manchester Centre Scheme
Linear Living has submitted planning applications for a 24‑storey residential tower in Manchester’s Green Quarter, delivering 251 homes including four townhouses and seven units adapted for residents with additional needs. The site, formerly occupied by retail and commercial premises, is...
Ultra-Prime Mayfair Mixed-Use Property Leads Acuitus’s March Catalogue
Acuitus unveiled its 26 March auction catalogue, spotlighting an ultra‑prime Mayfair freehold at 33 Clarges Street with a guide price of £5.25 million, roughly £1,200 per square foot. The catalogue also lists a Clapham High Street freehold comprising two flats and a restaurant,...
Mount Anvil Gets Green Light for 274-Home Chelsea Development
Mount Anvil has secured planning permission for a 274‑home development on Lots Road South in Chelsea, allocating 44% of units to affordable housing. The scheme includes 65 extra‑care social‑rent homes, 53 general‑needs social‑rent homes, and 156 private residences. Kensington and...
Biopharmaceutical Firm Gilead Takes 50,000 Sq Ft at One Triton Square
Gilead Sciences is leasing 50,000 sq ft at One Triton Square in central London, adding to the building’s recent leasing momentum. The development, completed in October 2025, is now 77 % let or under offer, reflecting strong demand for premium biotech space. One Triton...
Strettons Raises £11.7m at February Auction
Strettons reported £11.7 million in sales at its 19 February national property auction, achieving an 80% success rate. The headline transaction was a freehold commercial unit on Hoe Street, Walthamstow, which fetched £1.365 million against a £1 million guide price. Residential sales also performed...
French Investor Snaps up Inverness Travelodge for £4.1m
French real estate manager Epsicap REIM, via its SCPI vehicle Epsicap Nano, acquired the 54‑room Travelodge hotel in Inverness for £4.1 million. The property, refurbished in 2017, is under a 20‑year lease with Travelodge, marking the fund’s first hotel investment. The...
HBD Sells Warminster Supermarket and Retail Units for £8.6m
HBD, the property arm of Henry Boot, sold a purpose‑built Waitrose supermarket and three adjoining retail units in Warminster for £8.6 million to an unnamed UK REIT. The 29,350 sq ft development, completed in 2012 on a two‑acre site, is fully let with...
Lysara Buys Belfast Transport Infrastructure Asset for £25m
Lysara, a pan‑European transport infrastructure platform, has purchased a 10‑acre last‑mile logistics asset in Belfast’s Titanic Quarter for £25 million. The site includes a 91,000 sq ft distribution centre, a 479‑space multistorey van park and existing electric‑vehicle charging, and is fully let to...
Taylor Wimpey Launches £52m Share Buyback as Profits Plummet 54%
Taylor Wimpey announced a £52 million share‑buyback programme even as full‑year 2025 pre‑tax profit plunged 54.3% to £146.5 million, while revenue rose 13% to £3.84 billion. The profit decline was driven by a £222.2 million increase in cladding remediation costs and an £18 million CMA...
Barratt London Sells 311 North-West London Affordable Homes to L&G
Legal & General’s Affordable Housing Fund has purchased 311 affordable homes at Colindale Gardens, north‑west London, from Barratt London for an undisclosed price. The acquisition includes 158 units built beyond planning obligations to accelerate social‑rent delivery. The homes will be...
Marylebone Mansion Helps Allsop Raise £46m at Resi Sale
Allsop’s second residential auction of the year generated £46 million from 152 lots, achieving an 84 % success rate. The headline sale was a Marylebone mansion block at 105 Hallam Street, which fetched £4.75 million and comprises 79 occupied flats producing £306,000 annual...
Vistry Buys West Sussex Site to Build 550 Homes with Barratt
Vistry has purchased an arable site in East Grinstead, West Sussex, to develop a 550‑home scheme. The company will forward‑sell 130 of the homes to Barratt David Wilson, a Barratt Redrow subsidiary, before breaking ground in 2027. The development, approved...
Fieldstone Secures Headline Rent at Haydock 140 in Merseyside
AVK SEG, a data centre power and AI infrastructure firm, has signed a 15‑year lease for Fieldstone Developments' Haydock 140 in Merseyside at a headline rent of £12.50 per square foot, the highest rate recorded in the North West. The 140,000‑square‑foot...
Padrock Acquires Borehamwood Site for 245,000 Sq Ft MLI Scheme
Padrock has purchased a 17‑acre site in Elstree, Borehamwood to develop a 245,000 sq ft urban multi‑let industrial (MLI) complex. The scheme, approved in outline, will feature 13 units ranging from 10,500 sq ft to 130,000 sq ft and aims for EPC ‘A+’ and BREEAM ‘Outstanding’...
Wendover Splashes £70m on Former Mayfair Members’ Club Building
Developer Wendover has purchased Washington House on Conduit Street for over £70 million, acquiring a rare Mayfair freehold. The 1920s six‑storey building, formerly The Conduit members’ club, holds planning consent for roughly 40,000 sq ft of grade‑A office space and alternative uses such...
Olympian Gains Gateway 2 Approval for 46-Storey Canary Wharf Co-Living Brand Debut
Olympian Homes received gateway 2 approval from the Building Safety Regulator for its 46‑storey Vivus Living co‑living tower at Marsh Wall, Canary Wharf. The development will contain 833 studio units, hotel‑style services, and aims to raise £280 million in debt and equity, with...
Hotel Sector ‘Bounced Back Following Challenging Start to 2025’
The UK hotel sector rebounded strongly in the second half of 2025 after a difficult first half marked by rising costs and softer ADRs. RevPAR across London and regional markets finished roughly level with 2024, while occupancy in regional hotels...
Ballymore and Penta Get Go-Ahead for 373-Home Phase of Brentford Scheme
Urban regeneration specialist Ballymore, partnered with Penta Real Estate, has secured planning permission for the second phase of its £300 m Brentford redevelopment, adding 373 new homes across nearly 12 acres. The mixed‑use scheme will extend the town’s high street onto...
Langham Estate Set to Unveil 50 Eastcastle Street Refurbishment
Langham Estate announced a £50 million refurbishment of 50 Eastcastle Street, converting the historic Fitzrovia building into 46,000 sq ft of furnished workspace. The project, part of a broader upgrade programme for the estate’s West End portfolio, retains the former Princess’s Theatre façade while...
Barwood Capital Announces £300m Fundraise Target for I&L Vehicle
Barwood Capital has launched Growth Fund VI, targeting £300 million with a £400 million hard cap, to invest in UK industrial and logistics real estate driven by the fourth industrial revolution. The six‑year closed‑ended vehicle will seek a final close in Q2 2027 and...
Custodian Property Income REIT Acquires Automotive Property Firm in £8.5m Deal
Custodian Property Income REIT has bought family‑run Scorpion Properties for £8.5 million, adding five industrial sites in the south Midlands. The portfolio, valued at an average £1.7 million per asset, generates £600 k of annual passing rent, boosting Custodian’s rent roll by about...
Argyll Revamps Hudson House in Covent Garden with £3.5m Refurb
Argyll has launched a £3.5 million refurbishment of the grade‑II‑listed Hudson House in Covent Garden, converting 14,000 sq ft across seven floors into 48 private serviced offices. The project, slated for completion in June, preserves Edwin Lutyens’ original marble floor and vaulted ceilings...
Chancerygate Snaps up Birmingham Site for 147,000 Sq Ft Logistics Development
Chancerygate has acquired a vacant seven‑acre site at Hams Hall in Coleshill, near Birmingham, to develop approximately 145,000 sq ft of grade‑A sustainable urban logistics space. The scheme will consist of six leasehold units ranging from 12,000 to 47,000 sq ft, all designed to...
Kennedy Wilson and CPP Commit £300m for Single-Family Housing
Real estate firm Kennedy Wilson and Canada Pension Plan Investment Board have pledged an additional £300 million to their UK single‑family rental joint venture, bringing the portfolio to about 2,000 homes across 23 sites. The new funding enables the acquisition of...
PPHE Repurchases Waterloo Hotel Almost a Decade After Sale-and-Leaseback Deal
PPHE Hotel Group has bought back the Park Plaza London Waterloo for £147.9 million, ending a 199‑year lease that began after a 2017 sale‑and‑leaseback. The original transaction fetched £161.5 million and set an annual rent that has risen to £7.3 million. The repurchase...
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...
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...
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...
