A North-East council has received an £8m boost for its plan to transform an historic Tyneside shipyard into a business and warehouse complex. The 32-acre scheme has already received multi-million pound backing from the Government’s “Growth Deal” for... Read More
Real Estate Management UK Ltd (REM) – a joint venture between the State of Qatar, Qatar National Bank and the Sellar family – has marked the completion of the structure of its 48 Pall Mall development with a topping out ceremony. The St James’s... Read More
Edinburgh, Glasgow, Manchester and Bristol were among the European cities experiencing the highest growth in prime industrial rents during the first half of the year. The news comes in the latest Industrial and Logistics Snapshot from global property... Read More
The ongoing instability in the Russian retail sector has led to Eastern Europe shopping centre owner and developer Atrium European Real Estate reporting lower profits and half-year earnings. Atrium Promenada (Warsaw, Poland) Commenting in an “ad hoc... Read More
London is leading the way in providing flexible workspace according to a global report released by DTZ. The “How You Work” assessed the trend towards flexible office space which is rapidly gaining popularity. London is a leader in the international... Read More
M&G Real Estate has made its first retail acquisition in South Korea by purchasing three assets at a combined value of US $230 million (£147.3m). The acquisition, which represents an average yield of 6.5 per cent, was managed by Singapore-based Erie... Read More
Northumberland development company Arch has received planning permission for a £4.5 million hotel at its Commissioners Quay development in Blyth, the New Post Leader reports. To be known as the Commissioners Quay Inn, the hotel will comprise 40... Read More
The East Midlands office market is heading for a record breaking year — with more than 200,000 sq ft being transacted in the second quarter of 2015 alone. Lambert Smith Hampton’s East Midlands office agency head, Jane Taylor According to the latest... Read More
The Crown Estate is poised to embark on a £150 million extension to Leicester shopping destination Fosse Park, after reaching a conditional agreement to buy the 12.5 acre Castle Acres site. The purchase of the site is subject to Blaby District... Read More
The North-East’s biggest commercial developer has started work on the latest stage of its multi-million pound refurbishment of Teesside Estate. UK Land Estates’ £5m investment comes after the company spent £3m improving access to the site. Adrian... Read More
