News & Press

<p>The company sold hotels in Llanelli, Macclesfield, Milton Keynes, Barnsley and Cardiff Airport through a combination of auction and private treaty processes, and is now marketing a sixth Travelodge in York for £4.75m.</p> <p>The post <a href="https://www.propertyweek.com/news/allsop-completes-sale-of-five-travelodge-hotel-assets-for-8-99m">Allsop completes sale of five Travelodge hotels for £8.99m</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The Competition and Markets Authority has provisionally decided that Aldi and Lidl should be subject to the same rules as the UK’s biggest supermarket chains.</p> <p>The post <a href="https://www.propertyweek.com/news/cma-provisionally-rules-aldi-and-lidl-should-be-reclassified">CMA provisionally rules against Aldi and Lidl in supermarket regulatory battle</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The real estate agency has launched a legal battle against its non-executive chair Simon Agace over breaches of confidentiality, contractual obligations and his duties as a director.</p> <p>The post <a href="https://www.propertyweek.com/news/winkworth-launches-high-court-battle-against-its-own-non-exec-chair">Winkworth launches High Court battle against its own chair  </a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The 1 Embankment Place redevelopment would create 376,700 sq ft of new workspace above the station and upgrade Villiers Street to form a new gateway between the West End and the South Bank.</p> <p>The post <a href="https://www.propertyweek.com/news/bridgemont-lodges-plans-to-overhaul-offices-above-londons-charing-cross">Bridgemont lodges plans to overhaul offices above London’s Charing Cross</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Property agency Colliers warned the policy may scare off investors from central London's hospitality sector, while London mayor Sir Sadiq Khan has branded it "restrictive and anti-growth".</p> <p>The post <a href="https://www.propertyweek.com/news/westminsters-soho-and-west-end-seating-preference-could-scare-off-investors">Backlash over Westminster’s plans to limit standing in Soho and West End pubs</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The Department for Work and Pensions has taken three of the five floors at the scheme, which is party of the wider River Sunderland city-centre regeneration project.</p> <p>The post <a href="https://www.propertyweek.com/news/lg-secures-major-government-letting-at-faber-offices-in-sunderland">L&G secures major government letting at Faber offices in Sunderland</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The development in Hartley Wintney will comprise 31 two-bedroom apartments and four terraced houses.</p> <p>The post <a href="https://www.propertyweek.com/news/beechcroft-wins-15-9m-to-buy-and-build-hampshire-later-living-site">Paragon backs Beechcroft’s Hampshire later-living scheme with £15.9m facility</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The town-centre build-to-rent scheme is part of the £2bn Merton Regeneration programme.</p> <p>The post <a href="https://www.propertyweek.com/news/clarion-wins-planning-for-249-mitchen-social-homes">Clarion wins approval for 249-home South London social housing scheme</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Proposals for the development include 729 build-to-rent homes, 3,700 sq ft of commercial ground-floor space and 18,000 sq ft of new landscaping, with 51% of the space set to be publicly accessible.</p> <p>The post <a href="https://www.propertyweek.com/news/plans-unveiled-for-bluecastles-53-storey-btr-tower-in-birmingham">Plans unveiled for Bluecastle’s 53-storey Birmingham BTR tower</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>BNP Paribas Real Estate and Strutt & Parker have been appointed to market Georgian colonnaded arcade The Pantiles, plus land including Tunbridge Wells and Rusthall Commons.</p> <p>The post <a href="https://www.propertyweek.com/news/targetfollow-puts-landmark-tunbridge-wells-town-centre-estate-up-for-sale">Targetfollow puts landmark Tunbridge Wells town centre estate up for sale</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The company said the purchase of the undeveloped plot is part of its strategy of investing in well-located employment sites across the Thames Valley.</p> <p>The post <a href="https://www.propertyweek.com/news/jansons-snaps-up-35m-thames-valley-park-plot-in-reading">Jansons snaps up £35m Thames Valley Park plot in Reading</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The council-backed scheme will regenerate an abandoned grain silo and its surrounding waterfront site into homes, workspaces, shops and leisure offerings.</p> <p>The post <a href="https://www.propertyweek.com/news/capitalcentric-appointed-development-manager-for-ipswich-regen-scheme">Capital&Centric appointed development manager for Ipswich regen scheme</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Chief executive Paul Williams said "leasing activity, rental growth and progress on capital allocation give us confidence in delivering our medium-term earnings growth objectives".</p> <p>The post <a href="https://www.propertyweek.com/finance/derwent-london-swings-to-first-half-loss-but-upgrades-earnings-guidance">Derwent London swings to first-half loss but upgrades earnings guidance</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>In tandem with sealing Aberdeen's biggest office letting since 2017 at Caledonia House, Drum has also completed the re-acquisition of the building, which it developed, but sold in 2012.</p> <p>The post <a href="https://www.propertyweek.com/news/drum-secures-103000-sq-ft-aberdeen-letting-to-energy-firm-cbi">Drum secures 103,000 sq ft Aberdeen letting to energy firm CB&I</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Time Out Market will open at the 10 Piccadilly development in London's West End, which is due to complete in the summer of 2028.</p> <p>The post <a href="https://www.propertyweek.com/news/time-out-seals-deal-with-crown-estate-to-bring-flagship-food-market-to-london">Time Out seals deal with Crown Estate to bring flagship food market to London</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The first phase of Panattoni Park Maidstone in Kent would comprise two 100,000 sq ft and 150,000 sq ft warehouses.</p> <p>The post <a href="https://www.propertyweek.com/news/panattoni-lodges-plans-for-1m-sq-ft-maidstone-il-development">Panattoni lodges plans for 1m sq ft Maidstone I&L development</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Chief executive Dean Finch said the group delivered a “strong first-half performance” in a “challenging market”.</p> <p>The post <a href="https://www.propertyweek.com/news/persimmons-reports-15-rise-in-pre-tax-profits-and-revenue-yoy">Persimmon ups new homes guidance as it boosts profits and revenue</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Sustainability consultancy Evora and its energy data collection subsidiary Metry are the latest additions to a wave of takeovers by Deepki.</p> <p>The post <a href="https://www.propertyweek.com/news/embargo-deepki-acquires-evora-global-and-metry">Deepki acquires Evora Global and Metry</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>One month on from approving the plan, Mr Justice Hildyard has published an expanded explanation of his decision to greenlight the retailer's restructuring.</p> <p>The post <a href="https://www.propertyweek.com/news/tgjones-restructuring-judge-expresses-frustration-at-rushed-process">Judge behind TGJones restructuring approval expresses frustration at rushed process</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The commercial estate, managed by Valouran, comprises 116,000 sq ft of prime office space and 24,000 sq ft of retail and restaurant space across 14 units.</p> <p>The post <a href="https://www.propertyweek.com/news/office-and-retail-estate-in-victoria-put-up-for-sale">Office and retail estate in Victoria put up for sale</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Spanning 132,000 sq ft, the store is three times the size of the retailer's previous unit at the Kent shopping centre.</p> <p>The post <a href="https://www.propertyweek.com/news/uks-largest-next-store-opens-at-bluewater-shopping-centre">Next opens its largest UK store at Bluewater shopping centre</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>MRP, the development and investment arm of construction firm McAleer & Rushe, has secured a pre-let with Dalata for a four-star Clayton Hotel in Edinburgh city centre.</p> <p>The post <a href="https://www.propertyweek.com/news/mrp-secures-dalata-pre-let-for-edinburgh-hotel">MRP secures Dalata pre-let for Edinburgh hotel</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The law firm has relocated from 99 Bishopsgate and doubled its London office footprint by around 50%.</p> <p>The post <a href="https://www.propertyweek.com/news/latham-watkins-moves-into-new-300000-sq-ft-home-in-the-city">Latham & Watkins makes 300,000 sq ft office move to One Leadenhall</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>The Bramston Park scheme near Oakley will comprise a mix of apartments and bungalows, alongside a range of wellbeing facilities for residents and family members.</p> <p>The post <a href="https://www.propertyweek.com/news/rangeford-villages-set-to-deliver-147-unit-hampshire-care-home">Rangeford Villages set to deliver 147-unit Hampshire later living scheme</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

<p>Charles Allen, Fiera's head of European real estate, said the fund "provides investors with access to a highly defensive sector that continues to demonstrate resilience".</p> <p>The post <a href="https://www.propertyweek.com/news/fiera-and-packaged-living-launches-sfh-fund-targeting-1bn">Fiera and Packaged Living launch SFH fund targeting £1bn portfolio</a> appeared first on <a href="https://www.propertyweek.com">Property Week</a>.</p>

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