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UK logistics market sees steady growth in 2024 with shifts in...

The UK logistics market remained resilient in 2024, with total take-up reaching 21.3 million sq ft, closely mirroring the 22.1 million sq ft recorded...

ICG provides £200m development financing to Placefirst

Placefirst, backed by Matter Real Estate, has secured a £200 million development finance facility from ICG Real Estate. The loan will support the development of...

Beaumont Leys Shopping Centre in Leicester acquired by Evolve Estates

Evolve Estates has further strengthened its presence in the retail sector with the acquisition of Beaumont Leys Shopping Centre in Leicester. The 10-acre site,...

Scannell and Royal London secure planning for Tunbridge Wells logistics scheme

Scannell Properties and Royal London Asset Management Property have received detailed planning permission for TN2 Gateway, a state-of-the-art warehouse and industrial development in Tunbridge...

Property funds record £75m outflow in January

UK property funds experienced a net outflow of £75 million in January, according to the latest Fund Flow Index from Calastone. While still negative, January’s...

GPE appoints William Eccleshare as chair designate

Great Portland Estates plc (GPE) has announced the appointment of William Eccleshare as a Non-Executive Director and Chair Designate, effective from May 1, 2025. Eccleshare...

Europi grows UK presence with 250,000 sq ft logistics acquisition

Europi Property Group has strengthened its logistics presence with the acquisition of a newly built, 250,000 sq ft big-box logistics facility in Ipswich, South-East...

Former Land Securities CEO joins Picton as chair

Picton, the UK-focused property investment company, has announced the appointment of Francis Salway as its new Chair. Salway will assume the role on 1...

Mapletree expands logistics portfolio with €315m acquisition in Europe

Singapore-based Mapletree Investments has announced its first logistics property acquisition in the United Kingdom (UK) alongside a portfolio of 10 logistics assets in Spain,...

Quintain completes £233m refinancing for key Wembley Park assets

Quintain has secured a £233.6 million refinancing package from Bank of America to support two of Wembley Park assets: London Designer Outlet (LDO) and...

Indurent completes 62,000 sq ft letting in Oldham

Indurent has completed a 62,000 sq ft lease agreement with ADI Global Distribution at Cobalt Two warehouse in Chadderton, Oldham. The newly leased facility is...

NBIM acquires stake in Grosvenor’s £1.2bn Mayfair mixed-use portfolio

Grosvenor’s UK property business has formed a strategic joint venture with Norges Bank Investment Management (NBIM). NBIM has acquired a 25% stake in a prestigious...

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