Redevco — one of Europe’s largest investment managers of high street property — has paid more than £50m for a 1.3-acre site in the centre of Brighton’s shopping district. The Hanningtons Estate’s plot was once occupied by the city’s... Read More
Taxi bookings firm Uber is relocating from its current London headquarters to Aldgate Tower in the City fringe, doubling the size of its London office space. Uber will take 40,000 sq ft at Aldgate Tower after it vacates its 20,000 sq ft office in... Read More
International construction services company ISG has been awarded the £12 million contract to deliver a new dining quarter at the heart of Exeter. ISG will spearhead the Aviva Investors’ scheme designed to boost the leisure offering in the city... Read More
According to research by the international real estate advisor, Savills, there has been a clear increase in demand from bulky goods retailers — with 20 brands currently seeking new units. The service provider’s latest UK retail warehouse bulletin... Read More
Regional markets continue to enjoy strong demand for commercial property, with the economic improvements and increasing desire to “reshore” on the part of industrial firms aiding in the process to rebuild local economies following the recession. This has... Read More
Tritax Big Box REIT is to invest £43.43 million into the development of a Stoke-on-Trent distribution warehouse for soft furnishings retailer Dunhelm. The real estate investment trust has completed the land purchase and entered into a forward funding... Read More
Hermes Real Estate Investment Managers has confirmed it has secured its first letting at its recently refurbished Pearl building in the centre of Newcastle. The addition of an extra 36,000 sq ft comes as one leading agency says that a “serious lack of... Read More
Work is finally underway on the long awaited South Bristol Link Road, providing a potential lifeline for commuters, visitors and the local business community. And, by balancing the city’s North-South divide, it will provide a shot in the arm for South... Read More
The National Association of Realtors’ (NAR) quarterly commercial real estate forecast predicts a gradual increase in demand in the US commercial market over the next year. National office vacancy rates are expected to decrease slightly (0.1 per cent)... Read More
Real estate developer Nakeel has announced that it has secured commitments from close to 100 restaurants and shops at The Pointe, its new 1.4 million sq ft waterfront complex currently under construction at Palm Jumeirah in Dubai. The Pointe will... Read More
