London office property sold for £168.4m

London office property sold for £169.4m

Barings has sold Nexus Place at 25 Farringdon Street, an office property in London, on behalf of institutional investors, to Brookfield for £169.4 million. The...
Kennedy Wilson completes $178M of UK asset sales

Kennedy Wilson completes $178M of UK asset sales

Global real estate investment company Kennedy Wilson has completed the sale of two wholly owned U.K. properties, including the Fairmont St Andrews resort in Scotland and...
M&G suspends trading in £2.54bn property fund citing Brexit

M&G suspends trading in £2.54bn property fund citing Brexit

M&G Investments (M&G) said on Wednesday it was temporarily suspending dealing in the shares of the M&G Property Portfolio (the Fund) and its feeder...
Starwood Capital acquires UK urban industrial portfolio for £200m

Starwood Capital acquires UK urban industrial portfolio for £200m

Starwood Capital Group has acquired 10 UK urban industrial estates totalling 1.6 million square feet from an institutional client of Barings for £200 million. The...
Sky announces new studio investment at Elstree

Sky announces new studio investment at Elstree

Sky has announced it plans to develop a new 32-acre, state-of-the-art TV and film studio at Elstree in Hertfordshire. The company says the proposed development...
St. Modwen sells Swansea student accommodation for £38m

St. Modwen sells Swansea student accommodation for £38m

St. Modwen has sold its interests in a purpose-built student accommodation building at Swansea University Bay Campus for a total consideration of £38m. The 411-bedroom...
Knight Frank, Work.Life form JV for flexible workspace platform

Knight Frank, Work.Life form JV for flexible workspace platform

Global property adviser Knight Frank has formed a joint venture with flexible office provider Work.Life to launch a new flexible managed workspace platform, Yours. Yours is positioned...
Construction works begin on site at Swansea Central

Construction works begin on site at Swansea Central

Consruction works have started on site at Swansea Central, a core element of the £1 billion transformation of Swansea city centre. Swansea Central phase one...
Countrywide sells LSH to US commercial real estate firm

Countrywide sells LSH to US commercial real estate firm

UK's property services group Countrywide has sold its non-core UK commercial real estate consultancy and transactional business, Lambert Smith Hampton (LSH), to John Bengt...
Hines secures pre-lease at its mixed-use Oxford scheme

Hines secures pre-lease at its mixed-use Oxford scheme

Hines, the international real estate firm, has secured a pre-lease agreement for the residential accommodation which forms part of its flagship development project at...
Legal & General appoints Savills to manage its UK properties

Legal & General appoints Savills to manage its UK properties

Savills has been appointed by LGIM Real Assets (Legal & General) to manage its 98 properties in the UK. ''This includes properties in Legal &...
Intu sells retail park in Lisburn, Northern Ireland

Intu sells retail park in Lisburn, Northern Ireland

Intu properties plc (‘intu’) has sold Sprucefield Retail Park to NewRiver REIT Plc for £40 million. Sprucefield Retail Park is one of Northern Ireland's leading out-of-town retail...

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