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Property News Headlines

  • Bank of Montreal launches search for larger London HQ

    The Bank of Montreal is on the hunt for a new and larger London headquarters - making it the latest bank to defy expectations of a Brexit-related cool-off in occupier demand in the capital.
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  • South Korean investors pounce on Tesco DC

    A consortium of South Korean institutional investors alongside Roebuck Asset Management have acquired a Tesco distribution centre in Avonmouth for £71.4m.
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  • Avison Young snaps up Manchester's WHR

    Avison Young has agreed to acquire Manchester-based WHR Property Consultants in a deal that almost doubles the size of its UK business, Property Week can reveal.
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  • Kennedy Wilson and Kennedy Wilson Europe complete $8bn merger

    Kennedy Wilson Holdings (KW) has completed its merger with Kennedy Wilson Europe Real Estate (KWE), creating a new global real estate investment and asset management platform with an $8bn (£6bn) enterprise value.
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  • UK commercial property value fell 4.6% last year

    The total value of all UK commercial property fell 4.6% from £926bn in 2015 to £883bn in 2016, according to a new report from the Property Industry Alliance (PIA).
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  • CL Capital acquires Holiday Inn Birmingham Walsall

    Asian-based investment fund CL Capital has acquired the Holiday Inn Birmingham Walsall from Canada Life.
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  • The Avenue office space fully let six months after completion

    The office space at The Avenue in London’s West End is now fully let six months after completion.
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  • IWG takes West End office for co-working flagship

    Flexible workspace provider IWG has signed a lease to occupy all six floors for the The Harley Building, Marylebone which will be the flagship location for its Spaces co-working brand.
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  • Ilke Homes increases construction target

    New modular construction business Ilke Homes has appointed Björn Conway from EY as its chief executive, as well as upping its production target to 2,000 units a year.
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  • F&C UK Property Fund up by a third since EU referendum

    F&C UK Property Fund is on an acquisition drive after experiencing inflows of more than £100m since the EU referendum, increasing the retail fund’s total value by a third to £416m.
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