Although spending has climbed steadily since the end of the recession, consumer confidence has remained relatively subdued due to a combination of weak pay growth and lingering fears over the economy. However, in June, consumer confidence took an... Read More
Harvest Partnership — a joint venture between Land Securities and Sainsbury's — has filed two planning applications for what is claimed to by Birmingham’s longest-stalled regeneration project. Work finally started last autumn to decontaminate the... Read More
LondonMetric Property has announced the acquisition of Next’s Doncaster distribution warehouse for £29 million, reflecting a net initial yield of 6.3per cent. The off-market purchase, from a private property company, will be funded from London Metric’s... Read More
The developer behind a scheme to breathe new life into the Lime Street area of Liverpool has confirmed it has revised its plans following a month-long public consultation. Neptune Developments says the new project will do more to combine the city gateway’s... Read More
Regeneration specialist St Modwen Properties has announced a huge 306 per cent rise in profits for the six months to May 31 2015. The increase takes profits before tax to £203.1 million, in comparison to £50 million for the corresponding period in... Read More
The South East office market, defined as the Western Corridor and the markets to the north and south of the M25, witnessed a surge in take-up during the second quarter of the year. According to new data released by Strutt & Parker, take-up between... Read More
Orchard Street Investment Management has completed the purchase of 10 Templeback in Bristol city centre for £58.5 million. The waterfront office building, competed in 2008, was acquired from Benson Elliot on behalf of St James’s Place. 10... Read More
Rockspring Property Investment Managers LLP has announced the expansion of its management team, with José Pellicer and Michael Pryer, joining the partnership with immediate effect. This brings the total number of partners on Rockspring's management board... Read More
LaSalle Investment Management has purchased the freehold interest in 60 London Wall on behalf of an overseas client. The confirmation of the acquisition comes in a joint statement from LaSalle and the vendor Deutsche Fonds Holding AG. The global real... Read More
The University of Southampton is responding to the “unprecedented demand” for space at its Test Valley science park by building more high-tech offices. There is already a waiting list for space at the Hampshire university’s Chilworth science and... Read More
