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Savills raises "55m at April auction despite bidder 'caution"
1+ day, 21+ hour ago (378+ words) 27 Apr 2026 By Anandita Malhotra Savills raised more than "55m from the sale of 163 lots at its 21-22 April auction, despite it being "a more challenging sale, with a noticeable degree of caution from bidders", according to Jeremy Lamb, director in the firm's…...
Octopus Capital funds two care homes in Stafford and Norwich
5+ day, 18+ hour ago (325+ words) 23 Apr 2026 By Ciaran Nerval Specialist real estate investor Octopus Capital has agreed to forward fund the development of two care homes in Stafford and Norwich for Abora Developments, part of Xanadu Care Group. The schemes, funded for an undisclosed sum,…...
Heathrow plot is star lot in Allsop's May commercial auction catalogue
6+ day, 15+ hour ago (229+ words) 22 Apr 2026 By Anandita Malhotra Allsop has released its third commercial auction catalogue for 2026, offering 71 investment and mixed-use lots set to go under the hammer on 7 May. Land on the west side of Hatch Lane, West Drayton, UB7 0 LB The catalogue's highest…...
Savills seals "827m Eastdil Secured takeover
1+ week, 2+ day ago (313+ words) 12 Mar 2026 By Lewis Berrill Savills has acquired real estate investment bank Eastdil Secured in a blockbuster "827m ($1. 1bn) deal. Simon Shaw, Savills group chief executive The deal will expand Savills" advisory services, capital markets and transaction-related offerings and position the company as…...
Taylor Wimpey launches "52m share buyback as profits plummet 54%
1+ mon, 3+ week ago (441+ words) 05 Mar 2026 By Ciaran Nerval Housebuilder Taylor Wimpey has launched a "52m share buyback programme, as its full-year 2025 profits plunged 54. 3% amid a "challenging market backdrop" and previously flagged extra costs relating to cladding remediation. The group's pre-tax profits fell from "320. 3m in 2024 to…...
London leads the push to keep the lights on for night-time economy
2+ mon, 3+ week ago (1155+ words) 04 Feb 2026 By Lawrie Holmes From pubs and clubs to music venues, Britain's nightlife is big business. The Nightlife Taskforce set up by London's mayor estimates that the night-time economy contributes more than "139bn each year to the capital alone, while it…...
Buckinghamshire New University buys Uxbridge Library for new campus
1+ mon, 3+ week ago (186+ words) 02 Mar 2026 By Lewis Berrill Buckinghamshire New University (BNU) has acquired Uxbridge Library in west London from Hillingdon Council for an undisclosed sum, with plans to convert it into a new campus. The council decided that the 32, 591 sq ft, five-storey building…...
Brighton's Palace Pier is put up for sale
3+ mon, 3+ week ago (329+ words) 02 Jan 2026 By Lewis Berrill The Brighton Pier Group (BPG), owner of Brighton Palace Pier, has appointed Knight Frank to seek a buyer for the grade-II listed attraction. The pier, which is around 1, 700ft long, originally opened in 1899. The Brighton Pier Group…...
Property fund outflows surge amid US and Middle East conflict
1+ week, 3+ day ago (283+ words) 08 Apr 2026 By Madeleine Knight Property fund outflows jumped to "44m in March, which was more than double than the volume of February's net selling of "20m, according to Calastone's Fund Flow Index. The net outflow was driven by a desire from UK…...
Spacemade signs pair of flex deals with London landed estates
1+ week, 3+ day ago (258+ words) 09 Apr 2026 By Jamie Bennett-Ness Spacemade has signed a pair of new locations in Marylebone and Bloomsbury after agreements with two of London's most established landed estates. The flexible office operator has struck a deal with The Bedford Estates to take…...