One of Britain’s largest privately owned property companies is reportedly in the final stages of negotiating the purchase of the 2 million sq ft Blythe Valley Park near Solihull. A number of industry sources are claiming that IM Properties — which... Read More
Less than seven months after it raised £1bn in a Stock Exchange offering Kennedy Wilson Europe has spent almost £300m on a cross-sector property portfolio. One of the biggest assets of the Fordgate Jupiter portfolio — sold through a commercial... Read More
A multi-million pound plan to transform a former NATO airbase into a business campus could create as many as 8,000 new jobs, its developer has claimed. Urban and Civic, owners of the disused RAF and USAF airfield at Alconbury has already received... Read More
Property developer and investor MEPC has completed a £430m deal to sell three of its UK business parks to a joint fund controlled by Oaktree Capital Management and Patrizia Immobilien. The three sites now in joint US and German hands are the 1.2m sq... Read More
As the debate over how to best increase airport capacity in the UK drags on, local authorities and businesses surrounding Gatwick are keen to promote the merits of their case. Pointing to the benefits of the “Gatwick Diamond” – home to over... Read More
Britain’s second largest supermarket chain has confirmed it is going ahead with plans to build an information technology centre at Ansty Park near Coventry. The retailer, which has more than 1,200 outlets nationwide, is negotiating the purchase of... Read More
With less than two months before the arrival of its first tenants, a Scottish office development has been rebranded as Rutherglen Links Business Park. After three years under the “working title” of Rutherglen Low Carbon Zone the new name for the... Read More
A North-East developer has completed the second of a pair of business parks delayed by the credit crunch. In February the Hellens Group — which specialises in regenerating brownfield sites — finished the second phase of its Teal Farm Business... Read More
The tightening squeeze on North-East office space is forcing companies to swap their city centre properties for out-of-town locations — a trend which has turned one Tyneside complex into Britain’s fastest growing business park outside... Read More
Newcastle-based property developers Adderstone Group has secured planning permission to build a series of offices in Gateshead as the the second phase of its Saltwell Business Park scheme. Started in 2009, the initial redevelopment of the Joicey Road... Read More
