Office

Development of the first phase of the online beauty retailer’s “THQ” is set to begin later this year, after plans for the mammoth scheme were revealed in late 2018. This will bring forward 288,000 sq ft of new office space at Airport City Manchester with the building scheduled to open in 2022. Two further phases […] More

TIAA has sold-down half of its initial 50% interest in the venture to CBRE GIP, representing a value of around €625m. Nuveen Real Estate will remain as portfolio and asset manager. CHOP is a pan-European office venture managed by Nuveen Real Estate on behalf of four investors, including TIAA and AP1 and AP2. Launched in […] More

The 22-storey, 382,000 sq ft Grade A office is fully leased and located close to Farringdon, Moorgate, St. Paul’s and Barbican stations. Partner of King Street Capital Management, David Walch: “We are excited to have completed the purchase of Alban Gate, a fully-leased office building in an attractive location, and look forward to working alongside […] More

This disposal supports the Salvation Army’s relocation to its new headquarters in Denmark Hill. Founder of Rockwell, Donal Mulryan said: “Elephant and Castle is undoubtedly one of the most exciting areas in London and the Salvation Army headquarters is an exceptional site which we’re delighted to be bringing forward. Rockwell has an absolute commitment to […] More

The pre-let, which was tipped by Property Week late last year, will see law firm Osborne Clarke take two-thirds of the Halo developments 12-year lease at £35.50 per sq ft for four floors and £36.50 per sq ft for the top floor with roof terrace. The law firm plans to move its 600 Bristol employees […] More

Fintech company Xero has taken 56,000 sq ft of office space at 100 Avebury Boulevard, the largest letting in central Milton Keynes for five years. The company will take space across the fourth and part fifth and sixth floors on a 10-year lease. The final letting means 100 Avebury Boulevard is now fully let. Other […] More

In its 2019 regional crane survey for Belfast, Birmingham, Leeds and Manchester, Deloitte highlighted the residential sector as the most active for the second year running, but warned of an increasing need for infrastructure investments in cities to keep up with the rate of development and support more projects in the future. Belfast The Northern […] More

WeWork has named Sandeep Mathrani, a senior executive at Brookfield Properties, as its new chief executive. Mathrani replaces Artie Minson and Sebastian Gunningham, the co-chief executives, who took over in September from Adam Neumann, the WeWork co-founder whose expansion strategy brought the company to the brink of financial collapse last year. More