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134 articles found with tag 'Commercial Real Estate'

Shoreditch Tower Given Planning Permission

A new office tower, One Fairchild Street, has been given the go ahead by Hackney Council. The site, on 201-207 Shoreditch High Street, will...

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Crown Estate Reveals Plans for Three New Developments

The Crown Estate plans to deliver 250,000 sq ft of office, leisure and retail space in central London. The three developments, which have a...

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Can Buildings be Ranked on Social Value?

A building certification that measures the social value of a building has been launched by Fitwel. Watch the...

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Rishi Sunak Visits Blackstone’s New European HQ Groundbreaking Ceremony

Asset manager Blackstone has broken ground on its new London office, in a ceremony attended by Prime Minister Rishi Sunak. Located on the site of...

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The Economist Group Signs Five Year Lease at Birmingham Office

Weekly publisher The Economist Group has taken the entire top floor of 154 Great Charles Street, Birmingham. The 3,684 sq ft space is at the newly...

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Michael Gove Approves Former ITV HQ Redevelopment

Controversial plans for the redevelopment of the former ITV headquarters on London’s South Bank have been approved by Michael Gove. The...

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New Development Partner Needed for Limmo Peninsula in Newham

Transport for London’s commercial property arm is looking for a joint venture development partner to redevelop five hectares of land in East...

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Over 80% of Real Estate Occupiers Increasing Tech Budgets, Says JLL

Over 80 per cent of commercial property occupiers are increasing their technology budgets despite a difficult operating environment, according to...

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Canada Water Dockside Scheme to Go Ahead

A 1.5 million sq ft commercial scheme in Canada Water has been approved by Southwark Council. Co-designed by BIG and HWKN Architecture, the...

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Zoom Opens New 15,000 Square Foot Office in Holborn

Video communications company Zoom has opened a new London Engagement Hub. The 15,000 square-foot LEED-certified office will provide a place for...

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Australian Developer Expands into London Market With New Head Office

Australian property developer Third.i has opened its first international head office in London, at 22 Albert Embankment between Lambeth Bridge and...

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G4S and Briggs & Forrester Collaborate on Real Estate Projects

The G4S Fire and Security team are working with building services contractor Briggs & Forrester on three high-profile...

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Cushman & Wakefield Survey Reveals CRE Occupier Demands

A “what occupiers want” survey from Cushman & Wakefield gives a glimpse into occupiers’ approach to workplace...

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Commercial Landlords – Priorities and Challenges in 2023

Nationwide research amongst property investors has revealed that one of their most significant challenges is the drive to upgrade their...

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Great Portland Estates Acquires Two Central London Offices

Great Portland Estates has bought two Central London office buildings for £53 million. Bramah House, 65/71 Bermondsey Street, SE1 and ...

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Demand for Digital Infrastructure Drives Data Centre Uptake

A research paper from JLL shows that the mass adoption of cloud computing and AI is driving growth in the data centre industry. According to...

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Commercial Property Sales Data Shows 'It's a Buyer's Market'

A survey of UK commercial estate agents shows that commercial property sales price per square foot are set to fall by 1.6 per cent, as the market...

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Transport for London Signs Deal With Helical for Over-Station Offices

Transport for London is to partner with Helical to create a new sustainable commercial office portfolio across central London. TTL Properties Ltd,...

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Spotlight Interview – James Massey | MRI Software

MRI Software is a global name in real estate technology. We spoke to James Massey, Managing Director of Facilities Management for MRI Software, about...

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BBP Launches Guide for Real Estate Climate Change Resilience

The Better Buildings Partnership (BBP) has launched a new guide for BBP Climate Commitment signatories and other real estate companies on climate...

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deVere Group Pulls All UK Property Investment Projects

deVere Group will temporarily close its property investment division with immediate effect. The finance firm’s Investment Director cited the...

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Will HSBC Leave its Iconic Canary Wharf Home?

Leaked memos suggest that the banking giant is considering whether to keep its global HQ at HSBC Tower when the lease expires in 2027. HSBC has...

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WSP Completes Acquisition of Capita’s Real Estate and Infrastructure Consultancy Businesses

After announcing the deal in August 2022, WSP has completed the acquisition of GL Hearn Ltd and Capita REI from Capita Plc. This will add around...

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London Bridge’s New Office on Stilts

A London Bridge development that will be raised 18m above ground level by steel stilts has been granted planning approval by Southwark...

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New York’s Seagram Building Debuts 'The Playground'

As building owners race to offer tenants unique and compelling spaces, a New York real estate development company is blurring the lines between work...

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Government to Consolidate Estate By Selling £1.5bn of Property

Under a new Government Property Strategy, ministers hope to make over £2 billion in savings through property sales and...

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Planning Ahead When Developing Mixed-Use Premises

Commercial property lawyer Sophie Bedwell explains the importance of planning ahead for landlords of mixed-use premises, to avoid falling foul of...

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First UK Commercial Building to Achieve the Top Three Wellbeing Certifications

Bloom Clerkenwell has become the first commercial building in the UK to achieve the highest accreditations for wellbeing, sustainability and digital...

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New Approaches to the Future of Work

Businesses are adapting their workplace strategy for hybrid working, paying more attention to staff wellbeing and investing in workplaces that will...

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Campaigners Launch Crowdfunder to Fight M&S Oxford Street Store Demolition

SAVE Britain's Heritage campaigners are crowdfunding to help save M&S’ flagship Oxford Street store ahead of a two-week public enquiry...

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Tata Motors Acquires Ford’s India Car Plant for $91.5m

Tata Motors, owner of Jaguar Land Rover, has signed a deal to take over a Ford manufacturing plant in Sanand, Gujarat, to help meet car production...

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Capita Sells Real Estate and Infrastructure Consultancy Businesses to WSP

WSP will acquire two real estate and infrastructure consultancy businesses from Capita: GL Hearn Ltd and Capita REI. Capita expects to receive...

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NFU Mutual Sells Eight Prime UK Logistics Assets to Barings

Barings, a subsidiary of MassMutual, is to acquire a portfolio of logistics properties from NFU Mutual in a deal worth £234 million. The...

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The State of Workplace Experience

HqO have collaborated with Verdantix for their most recent in depth report on the evolving global landscape of commercial real estate, with both the...

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Cluttons Reports That Commercial Real Estate Continues to Show Strong Performance

Quarterly figures from Cluttons show the commercial property market’s continued strong recovery – but how long can this realistically...

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What Does The Coronavirus Bill Mean For Commercial Landlords and Tenants?

The Commercial Rent (Coronavirus) Act 2022 has recently been passed into law – ending the extended moratorium on tenant evictions for...

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TfL Searches for Partner to Expand Commercial Real Estate Portfolio

Transport for London is searching for a new joint venture partner to create a portfolio of three new commercial office developments at Bank,...

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Government Announces £553m of Investment to Upgrade Public Buildings

Hundreds of public buildings in England will cut their use of fossil fuels and advance towards low carbon heating and energy efficiency upgrades,...

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Leeds Development First Outside London to Achieve NABERS 5 Star Target

A new development in the heart of Leeds, 11 & 12 Wellington Place, has been officially confirmed as one of the UK’s most sustainable office...

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A New Methodology to Measure EPC Ratings – What is SAP 11?

The government’s current system for assessing the energy performance of UK homes is to be overhauled over the next three years. In...

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Deepki Achieves Highest-Ever ClimateTech SAAS Fundraising in the Real Estate Sector

Deepki, an ESG data intelligence platform for the real estate sector, has raised €150 million in a Series C round of funding. This is...

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Schroders Capital Obtains Planning Consent for 3 Ruskin Square

Detailed planning consent has been secured from Croydon Council for 3 Ruskin Square, a 14-storey office building adjacent to East Croydon...

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FT Reports Prologis Bid on Blackstone’s Logistics Business

According to the Financial Times, Prologis has made a bid on Blackstone’s €21 billion logistics and warehouse arm. Prologis has...

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Stiles Harold Williams Appoints Head of FM and Sustainability

Stiles Harold Williams Partnership has appointed Tarniah Thompson as its Head of FM & Sustainability. Based in the London office of Stiles...

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Madison International Realty Invests in 105 Victoria Street

Madison International Realty has invested in 105 Victoria Street, the UK's largest net-zero office development. This is in addition to the...

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EPC Ratings for Commercial Buildings – What's Changing?

New research has revealed that thousands of commercial properties across the UK won’t meet new energy efficiency regulations, incurring...

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Real Estate Operations in Russia – The Industry Reacts

Several major players in the global real estate market have published statements on their stance on business operations in Russia. CBRE...

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UK’s Largest 100% Electric Net-Zero Office Set For 2026

A £400 million development finance facility to fund 105 Victoria Street means building work will commence this year, with Skanska as the main...

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Allianz Real Estate and Aviva Investors to Develop Prime London Offices

Allianz Real Estate and Aviva Investors have formed a joint venture to develop two Grade-A, prime office buildings in the City of London. 1...

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Facilio Raises $35m in Series B Financing

Facilio, the AI-driven property operations platform, has raised $35 million in Series B financing led by Dragoneer Investment Group, with...

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Blackstone in 'Largest Ever' Private Real Estate Transaction

Blackstone has recapitalised its logistics business in a €21 billion deal. Investors of Mileway, the European logistics arm of Blackstone,...

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Data Suggests Commercial Property Sector ‘Bounced Back’

Market analysis suggests that UK’s commercial property sector has demonstrated a bounce back in the last year, with even the supposedly...

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Sir Richard Rogers’ Legacy in Five London Buildings

The work of late architect Sir Richard Rogers can be prominently seen on London’s skyline. Let’s take a look at some of the renowned...

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Canary Wharf's Citi Tower in £300m Retrofit

Architect WilkinsonEyre is to transform Citi's UK & EMEA headquarters in Canary Wharf, London. Citi Tower will be refurbished to reflect...

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100 Liverpool Street Fully Let

British Land has leased the top floor of 100 Liverpool Street to Hudson River Trading, meaning the building is now fully let. Hudson River...

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Google to Purchase Central Saint Giles Site

Google has announced that it will purchase the Central St Giles site where it is currently a tenant. MD of Google UK & Ireland Ronan Harris...

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Lloyds of London Considers HQ Move From Iconic Building

Lloyds, the world’s largest insurance market, is considering moving from its 1 Lime Street headquarters, a site it has occupied since...

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Workman Appointed Property Manager for Heal’s Building

Workman, the UK’s largest independent commercial property management and building consultancy firm, has been appointed by General Projects as...

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BEMS Market Predicted to Exceed $12 Billion by 2030

The annual global BEMS market will grow from $8.8 billion in 2021 to $12.7 billion by 2030, owing to changes in electric vehicle charging...

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Holborn Viaduct Offices Application Approved

An office-led development that sits across two levels on Holborn Viaduct and Farringdon Street has been granted planning permission. Royal London...

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Infraspeak Backed by €10 Million Funding Round

Porto-based maintenance and FM platform Infraspeak has raised a €10 million (Series A1) round of funding. Founded in 2015,...

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Cluttons Promotes Its Youngest Equity Partner

Cluttons has promoted its youngest equity partner, Nicholas Potter. At 38, Nicholas is the youngest equity partner (EP) and he is also the first...

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Plans Granted for M&S Oxford Street Store to be Demolished

Westminster Council has approved plans to demolish the former M&S superstore, amidst a conservation row. The building was assessed for...

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Samsung to Build New Manufacturing Facility to Tackle Microchip Shortage

Samsung is making its largest-ever investment in US real estate with a new facility that will boost the production of advanced semiconductors. The...

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Facilio Launches Connected CMMS

Facilio has announced the launch of Connected CMMS, reportedly the only software platform to consolidate all property maintenance, client engagement,...

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If There is a Race to Net-Zero, No One's a Winner

James Gray, Managing Partner at Cluttons, reveals his insights on how the race to net-zero will affect the property industry. James has over 27...

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What Went Wrong With London’s Tulip Skyscraper?

The high-tech skyscraper next to the Gherkin was supposed to be a new urban square for Londoners, but the government has rejected plans for its...

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Holbein Gardens – London's All-Electric Building

Holbein Gardens, located at 7 Holbein Place in the heart of London’s Belgravia, will lead the way for future schemes on the road to achieving...

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Shell Proposes to Move Head Office to UK

Oil giant Shell is proposing to its shareholders that its headquarters should move to the UK. The proposal states that the company wishes to hold...

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Landsec Purchases 75% Stake in MediaCity

Landsec has acquired a majority stake in MediaCity, the 37-acre media, digital and tech hub in Salford, Greater Manchester, for £425.6...

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CBRE Completes Majority Ownership of Turner & Townsend

CBRE has acquired a 60 per cent ownership interest in Turner & Townsend. The companies have also entered into a strategic partnership, whereby...

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£15 Million Technology Hub Opens in Leeds

A new landmark development at 4 Wellington Place brings 1,700 employees under one roof in what is one of the largest technology hubs in...

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Morgan Sindall Launches Machine Learning Software for Maintenance Insights

Morgan Sindall Property Services is to use a machine learning platform to provide social housing landlords and tenants with real-time insights to...

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UK’s Net-Zero Strategy Unveiled – What do FMs Need to Know?

The UK’s path to net-zero has been published by the Department for Business, Energy & Industrial Strategy. The plans detail how the...

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Contractors Sought for New Sustainable Victoria Office

The largest speculative office scheme to come forward in London since the pandemic is to go ahead. Welput, the central London office fund managed...

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Smart Building Survey Reveals Cost Reduction is Biggest Priority for FMs

A global survey of 285 senior facilities management executives shows the latest priorities for the corporate real estate sector. The study from...

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Hines Acquires Property Management Firm, Helix

Hines, the international real estate firm, will take over Helix’s team of 60 property management professionals. Operating from its offices in...

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Commercial Real Estate Without Net-Zero Strategies Will Depreciate Over Next Five Years

Data shows that high-emission commercial real estate is set to depreciate in value over the next five years. Real estate stock...

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Flexible Workspace Provider x+why Certified as B Corporation

x+why has announced its certification as a B Corporation, joining a growing group of companies reinventing business by pursuing purpose as well...

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Why Does China's New Data Protection Law Matter to the UK Property Sector?

China's new Personal Information Protection Law came in on August 20 – find out what the repercussions are for UK property...

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Is the Onus on FMs to Prove the Office is Better Than Home?

When it comes to persuading a mass return to the office, do facilities managers hold the most influence? In this guest piece, Richard Morris...

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In Pictures – JetBrains' St Petersburg Office

In 2019, two eight-story towers became the new office of JetBrains in Saint Petersburg, Russia. It is now a best-in-class example of a...

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JLL Defines 5 Ways Real Estate Will be Greener in 2025

Dr. Marie Puybaraud from JLL looks at five areas where real estate leaders expect to see big shifts in the next few years. Addressing climate...

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Embracing People-Centric Design to Encourage Office Returns

Is people-centric design the key to making sure organisations make the best use of their physical real estate? Ed Cowell is the Chief Executive...

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Minimum Energy Efficiency Standards – How Can Landlords Prepare for the Changes?

Following the closure of the MEES consultation in June 2021, what action should commercial landlords be taking right now? The property sector has a...

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Three Floors of 22 Bishopsgate Let to Law Firm

65,000 sq ft of 22 Bishopsgate, Europe’s first vertical village, has been leased to international law firm, Skadden. AXA IM...

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One in Ten London Offices Could Be Unusable By 2023

Commercial buildings that don't meet future legal minimum energy standards are at risk, according to Colliers. Minimum Energy Efficiency...

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Smart Office Building Next to Shard Gains Planning Consent

Edge London Bridge, a multi-tenant 27-storey smart building, will go ahead at 60-68 St Thomas Street, next to The Shard. Dutch...

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A Landlord’s Guide to EPC Ratings for Commercial Buildings

For commercial real estate landlords, the incoming Minimum Energy Efficiency Standards regulations mean energy-efficient buildings will go from being...

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Commercial Evictions Ban Extension – A Tenant's View

Some feel the recent extension of the commercial property eviction moratorium was unnecessary, but what is the commercial tenant's...

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Topland and Beltane Asset Management's Verdant Scheme Begins

Topland and development partner Beltane Asset Management have started construction of Verdant, a comprehensive extension and redevelopment of 150...

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The Implications of Lockdown on Building Maintenance

With lockdown disruption affecting the way property owners maintain unoccupied properties, what long term implications on building maintenance should...

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42nd Floor of 22 Bishopsgate Let To Insurance Firm

AXA IM Alts has agreed a new lease at 22 Bishopsgate, its flagship London development, having let the entire 25,376 sq ft 42nd floor to Fidelis, an...

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Wellbeing in the Real Estate Sector Podcast Launches

Chaired by a Senior Vice President of the International WELL Building Institute, The Wellbeing Economy is the newest podcast for real estate...

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OneThreeSix Let to London Fintech Company

Smart, the fintech company, has signed a lease for OneThreeSix as its six-floor global HQ. Native Land has let 136 George Street,...

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Investment in Tech Will Help Landlords Save Money – And the Environment

Investment in technology will be essential to allow commercial property owners to reach UK 2050 net-zero emission goals, according to PropTech...

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Ban on Commercial Evictions to be Extended Until March 2022

The UK Treasury have announced an extension to the ban on commercial evictions, until March 2022. The debt moratorium was originally...

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1.28m Sq Ft Take-up of Central London Offices in Q1

The latest data from global advisory firm Cushman & Wakefield shows Central London office take-up totalled 1.28 million square feet (MSF) in...

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Offices May be Left Empty Due to Demand for Sustainable Buildings

One of London's most significant property developers has commented that older office buildings that don't meet sustainability standards are...

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New London Workspaces Open in Midtown & Spitalfields

Flexible workspace provider x+why has announced the launch of two new London workspaces: The Fulwood in Midtown and Huguenot Place in...

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New London Architecture to Reside at Coal Drops Yard

New London Architecture has chosen Coal Drops Yard for its initial residency from 21 June. The organisation will be creating a space where its...

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JLL to Relocate from Canary Wharf to Wood Wharf

JLL will take 38,000 sq ft at 20 Water Street, Wood Wharf to house its Docklands office. The global real estate adviser will relocate the...

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Equiem Acquires British Land's PropTech Arm

British Land has sold its property management software platform, Vicinitee, to Australian PropTech company Equiem. Vicinitee software...

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M&G Investments to Reopen its Property Portfolio

M&G Investments has announced that it will reopen its £2 billion property fund for dealing as of midday on 10 May 2021. The M&G...

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Global Net Lease Acquires McLaren Group Headquarters

Global Net Lease has announced that they are to acquire the site that serves as the current world headquarters for McLaren's Automotive,...

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Four Things FMs Need to Know About Minimum Energy Efficiency Standards

What do the Minimum Energy Efficiency Standards mean for commercial property landlords and tenants in the context of a growing drive to improve...

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IWFM Report Shows 58% of FMs Believe the Market Will Improve Within a Year

The Institute of Workplace and Facilities Management has released its Market Outlook 2021 report, revealing that most FM...

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Goldman Sachs to Open New Birmingham Office

Goldman Sachs Group has announced that it intends to expand its footprint in the UK by opening a new office in Birmingham. The investment banking...

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Vorboss and Anaplan join British Land London Campuses

British Land has leased over 30,000 sq ft of workspace at its London campuses to tech businesses Vorboss and Anaplan. Leading fibre provider...

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Former Sage Newcastle HQ For Sale

The former Sage headquarters office building in Newcastle upon Tyne, North Park, has been placed on the market. The 212,865 sq ft office building...

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UK’s First Commercial Tenants Association Launches

A body to provide independent support and advice to the UK’s 900,000+ commercial tenants has launched. The Commercial Tenants Association...

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77 Coleman Street Reaches 50% Occupancy Despite Pandemic

Dolfin Financial Ltd has been announced as the latest tenant at the landmark London building. Kajima Properties, the London based property...

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38-Storey Square Mile Development Approved

The City of London Corporation has approved a new 38-storey development at 2 Finsbury Avenue, making it the third tall building to receive planning...

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Knight Frank Appoints MD to Run Expanded FM Business

Anthony Watson will head up Knight Frank’s newly expanded PROMISE, their facilities management business. PROMISE is to be expanded to manage...

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British Library Extension to Include Commercial Office Space

The British Library is to have an 800,000 sq ft extension to its King’s Cross site, with construction beginning in 2023. There will also be...

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CBRE Moves Global HQ From LA to Dallas

CBRE Group is to move its Los Angeles base to Dallas, Texas. According to Los Angeles Daily News, Lew Horne, President of Advisory Services for the...

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22 Bishopsgate Complete

Europe’s first vertical village, 22 Bishopsgate, has reached completion. Powered 100 per cent by renewable energy, 22 Bishopsgate is designed...

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Shoreditch’s Bishopsgate Goodsyard to be Developed in Major Regeneration

The Mayor of London has approved Hammerson and Ballymore’s plans to transform the Bishopsgate Goodsyard site into a mixed-use urban quarter that...

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The Redundancy of Real Estate – and How to Avoid it

PropTech expert Antony Slumbers tells us that even though customers don’t need an office, it’s real estate’s job to demonstrate why...

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NABERS Energy Efficiency Benchmark for UK Offices Launches

A new scheme for measuring the energy efficiency of UK offices has launched, to create transparency in the market. NABERS UK will be used across...

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British Land Achieves Top CSR Rating

British Land has achieved a five-star rating in GRESB’s annual sustainability assessment, putting it in the top 20 per cent of global...

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JLL and bp Sign New Workplace and Real Estate Solutions Deal

Professional services firm JLL is to continue its relationship with bp, providing workplace and real estate solutions to support bp's net-zero...

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Five Tech Companies Embracing Their Office Space

Despite 2020’s working from home revolution, five of the biggest tech giants are still demonstrating confidence in their physical office...

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Channel 4’s Leeds HQ Office Building Complete

A landmark Leeds office building, destined to be Channel 4’s headquarters, has reached completion. The Majestic first opened as a 2,400-seat...

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Empty Offices Could Cost London Businesses Almost £13bn

Unused office space after coronavirus could prove costly for companies, as research predicts over 70 per cent of all office rent paid by businesses in...

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One Sherwood Street to be New Landmark Piccadilly Circus Building

HDR | Andrew Reid, the commissioning, design and diagnostic consultancy, is to be appointed as commissioning managers by Wates and Landsec for the...

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The Hidden Costs of Fitting Buildings With Free Fibre

The trend towards fitting buildings with free fibre can present significant risks for facilities managers, landlords and tenants in the long term. Jon...

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Regional Office Market Remains Stable Despite COVID

Data from Cushman & Wakefield shows that prime headline rents either remained stable or rose in all of the UK’s “Big Eight”...

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Assessing the Performance of Office Space –The New Metrics

As companies look to reassess their corporate real estate amid the rise in remote working, are the old metrics used to measure how well workplaces...

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British Land Continues Evolution of Broadgate With New Park

British Land is progressing with plans to transform Exchange Square at Broadgate into a new park. Designed by architects DSDHA, the reimagined...

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Former JLL Employees Launch Real Estate Advisory Service

Four major players in the London commercial property sector, all former JLL employees, have launched a real estate advisory service, Situu. Harry...

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Heathrow Airport Landlord Achieves Full Occupancy Across Real Estate Portfolio

One of the largest private landlords at Heathrow has achieved full occupancy across its London-focused airport industrial real estate...

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Capco’s Covent Garden Estate Drops in Value

The total property value of Covent Garden is now £2.2 billion, a decrease of 17 per cent (like-for-like) since 31 December 2019. Capital...

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Are Smart Contracts Coming To Commercial Real Estate?

In the Commercial Real Estate sector, smart contracts, underpinned by blockchain technology, can self-execute as well as self-enforce the terms in an...

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