Publication: CoStar Uk

First reported 22 mins ago - Updated 12 mins ago - 1 reports

Orchard prelets to Next at Gretna

Orchard Street Investment Management, the specialist commercial property investment manager, has secured its first prelet to Next Outlet at the 15,000 sq ft Phase III development of Gretna Gateway Outlet Village in Dumfries and Galloway, Scotland. Next ... [Published CoStar Uk - 22 mins ago]
First reported 22 mins ago - Updated 22 mins ago - 1 reports

Rockspring's 63 St Mary Axe letting

Rockspring Property Investment Managers, in conjunction with Moorevale, has completed the letting of four floors totalling 18,450 sq ft, at 63 St Mary Axe in the City of London. Rockspring and Moorevale acquired 63 St Mary Axe on behalf of a separate ... [Published CoStar Uk - 22 mins ago]
First reported 22 mins ago - Updated 22 mins ago - 1 reports

Côte opens at Liverpool ONE

Grosvenor has secured Côte, the French brasserie chain, as a tenant at Liverpool ONE’s Paradise Street. Côte’s new 2,707 sq ft restaurant will be split over two levels with an outside terrace and is due to open in early December. It will be the group’s ... [Published CoStar Uk - 22 mins ago]
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Picton grows assets to £273.7m

up from £258.9m at 30 June. NAV/EPRA NAV per share rose 5.7% to 62.3 pence and there was a 3.8% rise in like-for-like property portfolio valuation.The company saw improvement in occupancy to 94%, up from 92% in June 2014, and completed 18 lettings adding ... [Published CoStar Uk - 1 hour ago]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

M&G checks into The Priory

M&G Investments has reached agreement with care homes group The Priory Group for a sale and leaseback of six sites for £223m. M&G has bought the freehold of the properties which have been leased back to The Priory for 30 years on a full repairing and ... [Published CoStar Uk - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

WestQuay gets Handmade Burger Co

Hammerson has today announced Handmade Burger Co has opened at WestQuay, Southampton’s flagship regional shopping centre. The burger chain has taken a 3,200 sq ft restaurant on WestQuay’s dining level and joins the recently opened 700 sq ft Subway.Handmade ... [Published CoStar Uk - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Oval wins Project Neopolitan

Oval Real Estate has emerged as the mystery buyer of the 10-strong Project Neopolitan sub-pool for £35.06m, CoStar News has learned, which triggered a final six-month extension of the securitised legacy Lehman Brothers Windermere XI CMBS loan. Based on ... [Published CoStar Uk - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Thames Valley offices on track

Enquiries, demand and supply saw a return to normality across the Thames Valley office markets in the third quarter following the volatility of the previous 18 months, reports Lambert Smith Hampton. Alongside this the ratio of Grade A office space is ... [Published CoStar Uk - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

UK-wide retail portfolio for sale

A portfolio of 387 UK-wide local shopping assets in urban and surburban centres - the final assets owned by the Local Shopping REIT - is coming to market, CoStar News can reveal. Project Renouvier comprises the corporate entities that own portfolio of ... [Published CoStar Uk - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

KF appoints chief economist

Knight Frank has appointed James Roberts as its London-based chief economist. KF said the role is intended to place it at the forefront of debate on the future of global property in the context of a fast changing economic backdrop.Liam Bailey, Global ... [Published CoStar Uk - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

LSH property finance team

Lambert Smith Hampton has launched an in-house finance team. The LSH property finance service has been created to help clients - including investors and developers - to secure optimal terms on their property financing.The initiative is being led by head ... [Published CoStar Uk - Oct 17 2014]
First reported Oct 13 2014 - Updated Oct 14 2014 - 2 reports

South Bank facing Grade A drought

The rise of London’s South Bank as the capital's fastest growing market is in danger of stalling with The Shard providing the only Grade A office space for occupiers looking to relocate to the area, warns Union Street Partners. According to research from ... [Published CoStar Uk - Oct 14 2014]

Quotes

Liam Bailey, Global Head of Research,said: "James has carved an enviable reputation in the commercial property market; he is without doubt the go-too expert for the funds and institutions and his views are respected across the industry."
Mark Robinson, Director of Customer Delivery Operations at John Lewis, said: "The new facility will allow our business to service customers across West London in the most efficient way possible. The site will deliver products to customer homes across the Capital, mainly furniture and large electrical items alongside the wide range of technical installation services we offer.”"
Andrew Hoffbrand said: "We are delighted that Jeremy has decided to join us. He brings not only a huge wealth of experience to the company but also offers our growing client base the rare strength of occupational-led investment knowledge having originally worked as a letting agent at Healey & Baker. As a firm that deals with high street retail and leisure property, this type of advice is something HRH have specialised in giving our clients since I set up the investment team over 10 years ago and has paid huge dividends."
"We already have plans to secure a really interesting coffee shop concept and are also in negotiations to bring a high profile restaurant operator to the hotel.”"

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Rockspring's 63 St Mary Axe letting [Published CoStar Uk - 22 mins ago]
Orchard prelets to Next at Gretna [Published CoStar Uk - 22 mins ago]
Côte opens at Liverpool ONE [Published CoStar Uk - 22 mins ago]
Picton grows assets to £273.7m [Published CoStar Uk - 1 hour ago]
M&G checks into The Priory [Published CoStar Uk - Oct 17 2014]
Oval wins Project Neopolitan [Published CoStar Uk - Oct 17 2014]
UK-wide retail portfolio for sale [Published CoStar Uk - Oct 17 2014]
Thames Valley offices on track [Published CoStar Uk - Oct 17 2014]
WestQuay gets Handmade Burger Co [Published CoStar Uk - Oct 17 2014]
KF appoints chief economist [Published CoStar Uk - Oct 17 2014]
Nikal to deliver 1,000 Brum homes [Published CoStar Uk - Oct 17 2014]
LSH property finance team [Published CoStar Uk - Oct 17 2014]
Aeriance closes £20m whole loan [Published CoStar Uk - Oct 17 2014]
Mall transactions nearing record [Published CoStar Uk - Oct 17 2014]
L&G lined to refi F&C's UK trust [Published CoStar Uk - Oct 16 2014]
MIPIM UK: Savills report shows case [Published CoStar Uk - Oct 16 2014]
BlackRock and Canmoor £150m JV [Published CoStar Uk - Oct 16 2014]
Scot Widows to sell Edinburgh HQ [Published CoStar Uk - Oct 16 2014]
JL and Mash sign up at Origin [Published CoStar Uk - Oct 16 2014]
Tishman's BNP Eland House dev loan [Published CoStar Uk - Oct 16 2014]
Carter Jonas buys West End firm [Published CoStar Uk - Oct 16 2014]
Exchange Quay tenant doubles up [Published CoStar Uk - Oct 16 2014]
Savills Lovell joins niche agent [Published CoStar Uk - Oct 16 2014]
C&R bags Swarovski at Redditch mall [Published CoStar Uk - Oct 16 2014]
MIPIM UK: CEG begins in Leeds [Published CoStar Uk - Oct 16 2014]
W. P. Carey buys Admiral's HQ [Published CoStar Uk - Oct 15 2014]
Kier/Investec buy Reading Gateway [Published CoStar Uk - Oct 15 2014]
Ruskin Sq spec development begins [Published CoStar Uk - Oct 15 2014]
MIPIM UK: Mayor's opening address [Published CoStar Uk - Oct 15 2014]
Deutsche AWM buys Piłsudski Square [Published CoStar Uk - Oct 15 2014]
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