Ikea could soon be embarking on a search for high street property throughout the UK if a small format store experiment proves successful. The Swedish furniture chain is scheduled to open its first “order and collection” point in Norwich this... Read More
The McCabe family’s Scarborough Group has announced that The Gym Group has now opened to the public at the company's £30 million commercial development at Station Quarter in Newport, South Wales. The Gym Group has signed a 15-year lease on the 15,000 sq... Read More
Benson Elliot has expanded its retail portfolio with the acquisition of the Vicarage Field Shopping Centre in Barking, from Northern Ireland-based JV Lagmar. The £35 million off-market purchase represents a net yield of 8.5 per cent. Vicarage Field is... Read More
Kennedy Wilson Europe Real Estate Plc (KWE) has announced the successful launch and pricing of a seven year, £300 million debut senior unsecured bond. The Bond has an annual fixed coupon of 3.95 per cent which is expected to fall to around 3.45 per... Read More
The Serpentine Pavilion 2015, designed by Spanish architects selgascano, opens to the public today on the lawn of the Serpentine Gallery in Kensington Gardens. Serpentine Pavilion 2015 designed by selgascano. Photograph © Iwan Baan This year,... Read More
Derwent London has completed the first five lettings at its recently completed Tottenham Court Walk development which is the first major step in the transformation of Tottenham Court Road. The developer has confirmed that retailers Hotel Chocolat,... Read More
The Gorcott Trust and the Homes & Communities Agency (HCA) have secured £1.8 million of infrastructure funding for the Redditch Eastern Gateway development from Worcestershire Local Enterprise Partnership (LEP). With the funding in place, development... Read More
It has emerged today that Ladbrokes has entered into merger talks with the Gala-owned Coral Group, which, should it go ahead, would create the largest bookmaker currently operating in the UK. Although the talks would not affect Gala’s 132 bingo... Read More
Legal & General Property (LGP) has paid more than £135m for a portfolio of six Home Counties office blocks. Collectively known as ‘Compass’ the package covers 452,233 sq ft of Grade A space. Previously owned by a private family office client... Read More
The Crown Estate has today announced another record breaking year with the value of its portfolio hitting an all-time high. The business reports very strong results across the portfolio, with asset management and place-making underpinning the... Read More
