Monthly Archives: August 2015



Legal & General continues Birmingham Spending Spree

Posted on 19 August, 2015 by Cliff Goodwin under Commercial Sales and Lets

Legal & General Property (LGP) has continued its Birmingham acquisitions campaign by paying The Crown Estate £14.5m for 43 Temple Row. The property arm of the finance group has already spent around £260m on assets in the city in little over a... Read More

Expansion Plans unveiled for Aberdeen’s Union Square

Posted on by Kirsten Kennedy under Commercial Developments

Hammerson has announced that it has submitted a Proposal of Application Notice (PoAN) for a multi-million pound expansion of Aberdeen’s Union Square shopping and leisure destination. Union Square opened in 2009 and has since established itself as a... Read More

ALD Automotive set to drive into Vertex Park

Posted on by Cliff Goodwin under Commercial Developments

Commercial property developer Stoford has submitted plans for a new £12m head office for one of Britain’s largest vehicle leasing companies. Stoford director, Gerard Ludlow The purpose-built 36,000 sq ft administration complex, at Emersons Green in... Read More

Crown and TH Real Estate JV proposes Exeter Restaurant Scheme

Posted on 18 August, 2015 by Kirsten Kennedy under Commercial Developments

The Princesshay Partnership, a joint venture between The Crown Estate and TH Real Estate, has been highly active recently with a number of projects in immediate proximity to Exeter’s Princesshay Shopping Centre in the pipeline. Along with a £70 million... Read More

Tyneside Warehouse success lands Silverstone further Contract

Posted on by Cliff Goodwin under Business News

After successfully handling a significant dilapidations claim and managing the refurbishment of a North Tyneside industrial unit, a Newcastle-based firm of Chartered Surveyors has landed a £250,000 “knock on” contract following the letting of the... Read More

BNP Paribas awarded National Grid Property Management Contract

Posted on by Kirsten Kennedy under Business News

National Grid has appointed BNP Paribas Real Estate to provide property and facilities management for its commercial property portfolio. The energy supplier awarded the contract this week although the real estate firm will not officially begin full... Read More

KWE bags Spanish Supermarket Portfolio

Posted on by Cliff Goodwin under Commercial Sales and Lets

A London Stock Exchange-listed property investment company specialising in European real estate has paid €85.5m (£60.5m) for a portfolio of 16 Spanish supermarkets. Kennedy Wilson Europe Real Estate (KWE) purchased the stores — 11 operated by the... Read More

Designer Furniture Retailer MADE.COM Heading to Metquarter

Posted on by Neil Bird under Business News

Online designer furniture retailer MADE.COM has today announced plans for the opening of a new 4,000 sq ft showroom at Liverpool retail destination Metquarter. MADE.COM cuts out the middlemen and connects the customer directly with makers. It currently... Read More

Cornerstone strengthens Global Team with Two Senior Appointments

Posted on by Neil Bird under Industry News

One of the largest global property investment managers, Cornerstone Real Estate Advisers, has strengthened it team with two senior appointments in the US and Europe. Cornerstone has announced the appointment of Joy Winterfield (above) as Managing... Read More

Government launches King’s Cross Stake Sale

Posted on 17 August, 2015 by Chris Grigorovsky under Commercial Developments, Commercial Sales and Lets

The government has announced the beginning of the sale process of its stake in the redevelopment of King’s Cross with the proceeds returning to the Treasury. The news follows Chancellor George Osborne’s announcement that the government intended to sell... Read More