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Global prime warehousing costs rise 1.7% in H1 2024

Global prime warehousing costs rose by 1.7% in the first half of 2024, bringing the average cost to $12.05 per square foot, according to...

Segro sells warehouse estate in West London for £115m

Segro has sold Segro Park Victoria Road in Park Royal, West London to the Imperial College London for £115 million. The 10-acre urban warehouse estate...

Firethorn Trust to convert Westminster office into residential accommodation

Firethorn Trust has secured planning permission to convert One Bessborough Gardens into residential accommodation. Situated in the City of Westminster, the four-storey site, which overlooks...

Chinese Estates divests London office building for £125m

Hong Kong-listed Chinese Estates Holdings has sold an office building in Mayfair, London to Oval Real Estate for £125.4 million. The office building with a...

Skanska signs £105m contract for London office building project

Skanska has signed a £105 million contract with Baola Properties Limited, c/o Old Park Lane Management, to provide construction and mechanical and electrical engineering services...

Orchard Street’s fund buys South East London industrial estate for £21m

Orchard Street Investment Management has acquired an industrial estate in Charlton for £21 million on behalf of its £400 million impact fund, The Orchard...

AXA IM Alts selects Multiplex for low-carbon office tower in London

AXA IM Alts has appointed Multiplex to commence construction at its 650,000 sqft Fifty Fenchurch Street workplace development in the City of London, which is expected to be...

Firethorn Trust snaps up Westminster office for residential conversion

Firethorn Trust, a privately owned UK real estate investor and developer, has off-market acquired One Bessborough Gardens, an office building in the City of...

Singapore PE firm buys prime hotel in London

Singapore-based private equity real estate firm Prima Asset Management has acquired a rare freehold hotel in Paddington, London. In partnership with Capilon Group, a specialist hotel operator and...

London Square completes acquisition of Westminster Tower 

Residential and mixed-use developer London Square has completed the acquisition of Westminster Tower on Albert Embankment next to the Thames and across the river from the...

Related partners with Japanese firm for BTR scheme at Brent Cross Town

Related Argent has formed a joint venture with NTT UD Europe Limited, a subsidiary of Japanese telecommunications company NTT Group, to deliver the third Build-to-Rent...

GPE acquires West End property in swap deal

Great Portland Estates (GPE) has signed a property swap agreement with the City of London Corporation (CLC). Under this agreement, GPE will acquire the long...

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