Britain’s “chronic” shortage of distribution facilities has sparked a 16m sq ft “Big Shed” development boom during the first half of 2015, according to research published by BNP Paribas Real Estate. The rush to build logistics warehouses -... Read More
Sopra Steria, the multinational information technology services provider, has become the latest company to take space at Winnersh Triangle Business Park, near Reading. he 20,000 sq ft lease - arranged by DTZ acting on behalf of Harris Systems - will... Read More
The London office and UK retail markets continue to perform strongly, allowing British Land to enjoy a successful start to the financial year. In its first quarterly trading statement covering the three months to the end of June 2015, the firm says... Read More
Schroder Real Estate Investment Trust (SREIT) has announced that pre-tax profits more than doubled in the full year ending the 31 March 2015, coupled with an unaudited NAV of £306.5 million, or 59.1 pence per share, as at 30 June 2015 – a quarterly... Read More
Danish footwear and accessories company ECCO is to open its first shop in the North East after agreeing terms at intu Metrocentre. The global shoemaker is heading to the Gateshead retail and leisure destination as it seeks to continue its expansion... Read More
An organisation established to improve the image of the construction industry has launched its latest initiative — to promote better collaboration between clients, contractors, subcontractors and suppliers. The Considerate Constructors Scheme (CCS)... Read More
Work has started on a West Midlands business park that will give the biggest private sector employer in Stafford a new high-tech home. Trebor Developments — recently named as West Midlands Commercial Developer of the Year — has teamed up with... Read More
AXA Real Estate Investment Managers has announced that it has successfully completed the acquisition of the Torre Beta office building in Milan for approximately €30 million (£21 million). The property was purchased from a fund managed by UBS Real... Read More
UK-based private equity fund manager Benson Elliot has agreed the €80 million (£55.7 million) sale of its landmark Cornerstone office development in Poblenou, Barcelona to a fund managed and advised by UBS Global Asset Management’s Global Real Estate... Read More
More than 300,000 sq ft of offices along the M42 corridor were leased or changed hands during the first six months of 2015, according to the office team at property adviser Bilfinger GVA. The figures — for the area between Junctions 4 and 6 of the... Read More
