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Property News Headlines

  • John Lewis could use surplus space for flexible offices

    John Lewis is considering a radical plan to incorporate co-working or serviced office space in its stores.
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  • CapCo posts flat NAV and announces £225m US private placement

    Capital & Counties Properties (CapCo) has posted a marginal drop in EPRA NAV per share in half-year results and announced a £225m US private placement to help fund future investment in its Covent Garden estate.
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  • City buy shows Asian investor appetite for development risk

    A Hong Kong-based private investor has acquired an office building in the City of London from Legal & General for £32.4m, in a sign that appetite exists among Asian investors for redevelopment opportunities.
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  • Developer duo snaps up south London site

    A pair of private developers has acquired a site near London’s Old Kent Road for a £520m mixed-use scheme as part of their plan to become a “major new player” in the London market.
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  • Racing Post picks winner with South Bank Central

    Hermes Investment Management and Canada Pension Plan Investment Board (CPPIB) have signed Racing Post to a 10-year lease at South Bank Central.
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  • Three sign at Livingston Designer Outlet

    Barbour, Timberland and Hugo Boss have all signed lettings at LaSalle Asset Management’s Livingston Designer Outlet in Scotland.
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  • Kellogg's moves HQ to MediaCityUK

    Kellogg’s will relocate its UK headquarters to MediaCityUK in Salford after signing a lease for 48,000 sq ft at the Orange Tower.
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  • Inspired secures £61m for developer’s biggest scheme to date

    Inspired Asset Management has secured £61.1m in development finance for its biggest scheme to date, in Croydon, south London.
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  • Two new tenants take space at Angel Court

    Mitsui Fudosan and development partner Stanhope have completed two further lettings at their City of London office scheme, Angel Court, bringing it to 50% let.
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  • Central London rents fall for third consecutive quarter

    Central London prime office rents fell for the third consecutive quarter, dropping 1.3% in Q2, according to CBRE’s latest Prime Rent and Yield Monitor.
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