CLS Holdings Secures £50m OakNorth Revolving Credit Facility
CLS Holdings, a London‑listed property owner, has secured a £50 million ($64 million) revolving credit facility from digital lender OakNorth. The facility will refinance existing debt and fund refurbishment, leasing and sustainability initiatives across its £1.7 billion ($2.2 billion) office and commercial portfolio in the UK, Germany and France. The financing follows a recent £100 million ($128 million) sale of the Spring Mews student accommodation asset and a £24.4 million ($31 million) loss in August 2025, underscoring the firm’s portfolio reshaping strategy. CFO Harry Stokes said the credit line adds flexibility for continued investment in high‑quality, sustainable workspaces.
Sixth Street and HSPG JV to Invest £1bn in Affordable Housing Drive
Global investor Sixth Street has teamed with housing specialist HSPG to inject over £1 billion (≈ $1.27 billion) into Park Properties Housing Association (PPHA). The joint venture will fund the construction of high‑quality affordable homes across the UK, leveraging Sixth Street’s equity capital...
Howard De Walden Lets Harley Street Space for 10M Healthcare Surgery Centre
10M Healthcare has leased No 1 Harley Street from the Howard de Walden Estate to build a £100 m (~$125 m) ambulatory surgery centre. The ASC will feature five operating theatres, GP consultation rooms, screening services and wellbeing suites, and is slated to open...
MERA to Deploy £100m Into UK Real Estate Development Opportunities
MERA Investment Management, backed by a US credit fund, is earmarking roughly $125 million to fund UK real‑estate development and equity joint‑ventures. The new department will provide equity investments of $6.3‑$18.8 million per project, focusing on commercial and residential schemes with 2‑3‑year...
Bleckmann Signs for 760,000 Sq Ft Leicestershire Warehouse
Logistics provider Bleckmann has signed a lease for a 761,361 sq ft warehouse at Magna Park North Lutterworth in Leicestershire, marking its fourth UK building with Marq Logistics. The facility features 80 dock doors, 10 level‑access doors, extensive parking and 54 electric‑vehicle charging stations, and...
Magna Secures £150m Package to Fund Plans for 1,500 Homes
Magna Housing has secured a £150 million ($190 million) financing package from Allied Irish Bank, Barclays and Nationwide to fund the construction of 1,500 new homes over five years. The deal includes a £70 million ($89 million) term loan and £80 million ($102 million) of revolving...
Eatos Snaps up Finsbury Circus Office in the City with Flex Pre-Let Secured
Eatos Group Real Estate has purchased Finsbury House at 23 Finsbury Circus for £9.5 million (approximately $12.1 million). The 39,607‑sq‑ft 1890s building has been stripped to shell and core and carries full planning consent to deliver 27,000 sq ft of best‑in‑class workspace plus a roof...
Trinova to Deploy €200m on Distressed Real Estate Loans
Trinova has secured a €200 million (~$216 million) mandate to restructure non‑performing real‑estate loans across Europe, focusing on the UK, Germany and the Nordics. The fund will target distressed office, residential, hotel, logistics and mixed‑use assets, offering flexible solutions to lenders looking...
Logistics Firm Cainiao Takes Last Space at Prologis Apex Park in Daventry
Cainiao, Alibaba’s logistics arm, has signed a 10‑year lease for the 150,911 sq ft DC4 warehouse at Prologis Apex Park in Daventry, completing the park’s occupancy. The refurbished space features LED lighting, solar panels and EV‑charging, earning an EPC “A” rating. Cainiao’s...
NewRiver Secures Unsecured £240m Facility for Capital & Regional Asset
NewRiver has secured a $300 million unsecured financing package to refinance debt tied to its Capital & Regional acquisition. The deal comprises a $150 million term loan maturing in 2030 and a $150 million revolving credit facility extending to April 2031, both backed by...
Bellway Submits Plans for 120-Home Merseyside Development
Bellway Strategic Land has lodged an outline planning application for up to 120 homes on a 10‑acre site in Cronton, Merseyside, with 40% earmarked for affordable housing. Almost a quarter of the land will become public green space, and the...
MetSpace Reports Deals Uptick as London’s Managed Office Market Soars
MetSpace, a London‑focused managed‑office specialist, reported a 78% average annual increase in operator agreements over the past four years, while managed‑office supply more than doubled between 2024 and 2025. Occupancy across its 100‑plus locations averaged 93%, well above the 80%...
Japanese Firm Snaps up Douglas House in London Office Market Debut
Japanese real estate firm Sogo Development Group has purchased Douglas House, a 43,541‑sq‑ft art‑deco office building in Fitzrovia, marking its inaugural office investment in London’s West End. The property, refurbished in 2019 and 2025, was sold by Oval Real Estate...
Palace Capital’s Portfolio Value Drops 16% over Six-Month Period
Palace Capital reported a 16% drop in portfolio value to £31.3 million (≈$40 million) over the six months to March end, driven by weaker office and leisure assets. Office valuations fell 11%, with the Newcastle St James Gate property hit hardest, while the Northampton...
LondonMetric Reaping Rewards of Focus on ‘Winning Sectors’ as Rental Income Rises
LondonMetric reported a 16% jump in net rental income to £450 m (≈$576 m) for the year, driven by its focus on "winning sectors" despite volatile bond yields and liquidity constraints. The £7.6 bn (≈$9.7 bn) triple‑net portfolio achieved 98% occupancy, with an average...
E-Commerce Giant Signs at Panattoni Park Crawley in Largest South East Leasing of the Year
Panattoni Park Crawley, a 200,000‑sq‑ft grade‑A logistics campus in the South East, has been fully leased to an e‑commerce retailer believed to be Amazon under a 10‑year agreement. The lease, the largest such transaction in the region this year, covers...
Prime London Housing Sales Plummet 41% Year on Year, LonRes Finds
London's prime housing market saw a sharp contraction in March, with transaction volume plunging 41% year‑on‑year, according to LonRes data. Average achieved sale prices fell 5.5% versus the previous year and 7.5% compared with the 2017‑19 March average. By contrast,...
Savills Publishes High-Value April Catalogue Featuring 300 Lots
Savills released its April auction catalogue on 16 April 2026, showcasing more than 300 lots across residential and commercial sectors. The catalogue’s headline asset is a free‑hold development in Kingston upon Thames priced at £4.75 million (≈ $6.1 M). Other notable listings include a 312‑acre...
Martin’s Properties Launches Self-Storage Platform
Martin’s Properties has unveiled Cactus Self Storage, a wholly owned platform aimed at building and operating self‑storage facilities across the South and South West of England. The first purpose‑built 300‑unit site in Didcot is already permitted and is expected to...
Residents Win Right for Judicial Review Against Chinese ‘Super Embassy’ Approval
The High Court has scheduled a June hearing to consider a legal challenge by local residents against the approval of a Chinese “super embassy” near Tower Bridge in London. The proposed 620,000 sq ft compound would be the largest diplomatic base in...
Homes England and Vistry to Bring Forward 1,000 Northstowe Homes
Homes England and Vistry Group have signed a conditional contract to fast‑track 1,000 new homes at the Northstowe development in Cambridgeshire. About 40 % of the units will be affordable, and the scheme includes a primary school, roads, utilities and green...
A&o Secures £761m Refinancing to Pave Way for Ambitious Growth Plans
European hostel operator a&o Hostels has secured a €874 million (≈ $952 million) refinancing facility from Apollo‑managed funds, replacing its prior loan. The new senior multi‑year loan is collateralised by its portfolio of 44 hostels in 32 cities and funds the second €500 million...
Muse Promotes Rogers to New National Operations Director Post
Muse has created a national operations director role and promoted Stuart Rogers, formerly North West director of project management, to fill it. Rogers will oversee day‑to‑day activities and enforce high‑quality standards across Muse’s expanding regeneration pipeline. He brings nearly two...
SEGRO and Berkeley Secure Three Leases for V-Park Grand Union
SEGRO and the Berkeley Group have signed three new leases at the V‑Park Grand Union development in Park Royal, north‑west London. The agreements total more than 8,000 sq ft and involve pharmaceutical distributor Pharmium, frozen‑snack maker Hidden Fruits and bakery chain Café De Nata....
Avison Young Appointed to Manage Typhoo Wharf Development Ahead of BBC’s Move
Avison Young has been appointed to manage the Typhoo Wharf redevelopment in Birmingham, a mixed‑use project that will eventually deliver 800,000 sq ft of residential and commercial space. The scheme includes 84,000 sq ft of new commercial premises for BBC Birmingham and 2,884 sq ft of...
Law Firm RPC to Relocate London Headquarters to Devonshire Square
Law firm RPC will relocate its London headquarters to 10 Devonshire Square, occupying all five floors of the 67,023 sq ft Grade II‑listed building on a 15‑year lease. The move, slated for 2028, ends a 20‑year tenancy at its 69,000 sq ft Tower Bridge House...
Sirius Grows Rental Income on the Back of £400m Acquisition Spree
German‑UK real estate operator Sirius Real Estate reported an 18.4% rise in total rent roll for the year to March, driven by €464 million (£403 million) of acquisitions. The portfolio added 13 assets, including €155 million (£135 million) of properties with a strong defence...
IDiP Sentiment Survey 2026: Help Us Measure the True State of Diversity and Inclusion in Property
Property Week has launched the fourth annual Inspiring Diversity in Property (IDiP) sentiment survey, inviting industry professionals to anonymously assess employer attitudes toward diversity and inclusion. This year’s questionnaire adds a question testing whether companies’ stated EDI policies reflect their...
Letting to AI Firm Brings GPE’s Farringdon Office to Full Occupancy
Great Portland Estates (GPE) has fully let its SIX St Andrew Street office in London’s Farringdon, signing an AI firm for the remaining 11,680 sq ft. The building now generates £8.8 million (≈$10.8 million) in annual rent at £200 per sq ft (≈$246), 6.2% above...
Tritax London Logistics Fund Raises a Further £110m
Tritax London Logistics Fund secured an additional £110 million (≈ $140 million) of equity in Q4 2025, bringing its annual capital raised to £313 million (≈ $400 million). The raise includes a first £100 million (≈ $128 million) commitment from a global multi‑manager representing an Australian super fund, pushing the...
Beyond Ramps up Expansion with Three New Central London Sites
Beyond Apartments, backed by investment manager Vengrove, announced the launch of three new serviced‑apartment sites in central London—Museum House in Bloomsbury, Back Hill in Clerkenwell, and a location on Great Portland Street in Fitzrovia. The openings bring the operator’s London...
Barratt Redrow and PfP JV to Deliver 8,500-Home New Town in East Herts
Barratt Redrow and Places for People have formed a joint venture to build an 8,500‑home garden‑town development on 1,630 acres in East Hertfordshire. The plan features at least 1,950 affordable homes, 312,200 sq ft of commercial space, schools, leisure facilities and extensive...
La Caisse and Prologis Launch €1bn Pan-European Logistics JV
La Caisse (formerly CDPQ) and Prologis have created a €1 bn (≈$1.09 bn) joint venture to acquire, develop and operate high‑quality logistics properties across France, Germany, the Netherlands, Sweden and the UK. The new entity, Prologis Logistics Investment Venture Europe (PLIVE), will...
Samko Sets Sights on REIT Status Following TISE Debut
Samko Real Estate Holdings, a London‑based hospitality group, has debuted on the Official List of The International Stock Exchange (TISE) and is pursuing REIT status. The board targets £400 m (≈ $512 m) in assets under management by 2028, building on a seven‑property...
Plans Submitted for 2m Sq Ft Manchester Airport Science and Manufacturing Campus
Plans for phase one of Mix Manchester, a 2 million sq ft science and manufacturing campus at Manchester Airport, have been submitted. The initial phase will deliver over 70,000 sq ft of flexible mid‑tech workspace, a multi‑storey carpark and ground‑floor commercial space. The broader scheme...
Housing Market Loses Momentum Amid Iran Conflict Uncertainty
The RICS March residential survey shows UK buyer sentiment eroding as the Middle East conflict fuels macro uncertainty. New buyer enquiries hit a net balance of -39% and agreed sales slipped to -34%, the weakest readings since August 2023. Price...
JP Morgan Gets Green Light From London City Airport for Canary Wharf’s Tallest Tower
JP Morgan has secured approval from London City Airport to construct a 265‑metre office tower in Canary Wharf, eclipsing the current 235‑metre One Canada Square. The £3 bn (~$3.8 bn) development will provide roughly 3 million sq ft for the bank’s UK headquarters and is...
Columbia Threadneedle Puts Manchester Private Jet Facility up for Sale
Columbia Threadneedle is marketing its Manchester Airport private‑jet facility for £9.5 million (approximately $12.2 million), delivering a net initial yield of 6%. The 33,755 sq ft hangar, plus 20,667 sq ft of adjoining land, is the only airside jet hangar at the airport with direct runway...
Winckworth Sherwood Promotes Two New Partners
Winckworth Sherwood has elevated Charlotte Coleman and Qaisar Sheikh to partnership, bolstering its property litigation and education practices. Coleman brings deep experience in high‑value residential development disputes, while Sheikh adds 15 years of expertise in education, public and discrimination law, especially...
Dubai-Based Firm Launches ‘Tokenised’ BTR Product with UK Asset
Dubai‑based Tokinvest has introduced the first regulated tokenised build‑to‑rent (BTR) product in the UK, backed by a 29‑unit residential conversion in Birmingham’s Jewellery Quarter. The Great Hampton Street Works development, completed in 2025, will be offered as digital tokens that...
Nick Candy Sells Chelsea Home for Record £270m
British property billionaire Nick Candy has sold his Grade II‑listed Chelsea mansion for about £270 million (≈ $345 million), one of the most expensive UK home sales ever. The property, featuring a pool and a small lake, attracted multiple offers without formal marketing,...
Alinor and Oval Snap up Manchester’s First Street Offices
Alinor Capital and Oval Real Estate have purchased Manchester’s 1 Tony Wilson Place office block, planning a £34 million ($43.5 million) refurbishment to deliver 167,000 sq ft of grade‑A workspace by mid‑2027. The off‑market deal follows a prior asking price of £52.5 million ($67.2 million) and adds retail, gym,...
Berkeley Unveils Plans for 1,014-Home Sutton Development
Berkeley Group announced a 1,014‑home mixed‑use regeneration on Sutton’s 5.6‑acre former chalk quarry, featuring 8,500 sq ft of commercial space and 1.1 acres of publicly accessible green space. The masterplan includes premium resident amenities, private roof gardens, and a public park designed to...
Citrus Durham Wins Consent for 3m Sq Ft Integra 61 Expansion
Citrus Durham has secured outline planning consent for Phase 2 of its Integra 61 mixed‑use site in County Durham, a £340 million (≈$430 million) expansion that will add roughly 3 million sq ft of employment space. The new phase builds on a £400 million (≈$508 million) first phase that...
Apollo Funds Buy Rental Property Manager Gatehouse Living
Global alternative asset manager Apollo’s funds have acquired Gatehouse Living Group, a UK residential investment manager that operates about 10,000 homes. The purchase includes Gatehouse Investment Management and its Ascend property‑management arm, though the price was not disclosed. Existing CEO...
Farmfoods Signs 25-Year Lease at Logicor Park Daventry
Farmfoods has signed a 25‑year lease for three speculatively built units at Logicor Park Daventry, a newly reconfigured warehouse complex totaling 800,000 sq ft and certified BREEAM ‘Excellent’. The lease covers frozen, ambient storage, transportation and recycling functions, extending Farmfoods’ existing 20‑year...
LRC Group Wins £53m Package to Bolster Resi Portfolio
LRC Group, a UK residential real estate investor, has secured a £53 million (approximately $66 million) financing package from Investec Real Estate. The funds will be used to acquire 293 homes across three assets in Hounslow, Surrey Quays and Bedford, advancing LRC’s...
GPE JV Sells Uniqlo’s Regent Street Flagship Store and Offices
Great Portland Estates (GPE) and joint‑venture partner Ropemaker Properties sold the 53‑year short leasehold of 103‑113 Regent Street, Uniqlo’s flagship store and UK headquarters, for £52 million (approximately $66 million). The grade‑II‑listed 56,850‑sq‑ft building, let to Uniqlo until 2036, commands a 7.2%...
L&G Puts Prime Newcastle City Centre Office up for Sale
Legal & General has hired Savills to market The Spark, a premium office tower in Newcastle’s Helix quarter, with an asking price of £33.95 million (approximately $42 million). The 105,906 sq ft, 12‑storey building is fully let, anchored by Arden University, and offers an...
Derwent Agrees £131.8m Sale of Central London Burberry HQ
Derwent London has agreed to sell Burberry's global headquarters, Horseferry House, for £131.8 million (approximately $167 million) to Indonesian developer Sinar Mas. The 64,900‑sq‑ft office, fully let to Burberry until 2043 with scheduled rent uplifts, was bought by Derwent for £34 million ($43 million) in...