Property News for Commercial & Residential Sectors at Property Week https://www.propertyweek.com/news News, analysis, insight and events for UK property professionals Wed, 01 Apr 2026 15:35:24 +0000 en-GB hourly 1 https://wordpress.org/?v=6.8.1 https://wp-eris.s3.eu-west-1.amazonaws.com/wp-content/uploads/sites/2/2024/07/favicon-70x70-1.png Property News for Commercial & Residential Sectors at Property Week https://www.propertyweek.com/news 32 32 https://www.propertyweek.com/wp-content/themes/mbm-mops-2017/images/logo.gif Property Week https://www.propertyweek.com/news 125 75 News, analysis, insight and events for UK property professionals GPE JV sells Uniqlo’s Regent Street flagship store and offices https://www.propertyweek.com/news/gpe-jv-sells-uniqlos-regent-street-flagship-store-and-offices Wed, 01 Apr 2026 15:35:24 +0000 https://www.propertyweek.com/?p=658680 The JV with Ropemaker Properties sold the property to a private client of JLL, taking GPE's sales in the past 12 months to £490m.

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]]> L&G puts prime Newcastle city centre office up for sale https://www.propertyweek.com/news/lg-puts-prime-newcastle-city-centre-office-up-for-sale Wed, 01 Apr 2026 11:49:23 +0000 https://www.propertyweek.com/?p=658651 Savills has been appointed to market the fully let 12-floor building, which is at the heart of the city's Helix innovation district.

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]]> Starwood sells Leicester Square’s Radisson Blu hotel https://www.propertyweek.com/news/buyer-swoops-in-for-radisson-blu-in-leicester-square Wed, 01 Apr 2026 11:38:33 +0000 https://www.propertyweek.com/?p=658657 CLI Dartriver bought the 127-room hotel on behalf of a private family office.

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]]> Derwent agrees £131.8m sale of central London Burberry HQ https://www.propertyweek.com/news/derwent-agrees-131-8m-sale-of-central-london-burberry-hq Wed, 01 Apr 2026 10:03:33 +0000 https://www.propertyweek.com/?p=658622 Horseferry House in Westminster, which is fully let to Burberry on a lease running to 2043, was snapped up by Indonesian developer Sinar Mas.

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]]> Hale named as Real Estate:UK’s first chief executive  https://www.propertyweek.com/news/real-estate-uk-appoints-vanessa-hale-as-chief-executive Wed, 01 Apr 2026 09:29:14 +0000 https://www.propertyweek.com/?p=658626 The current BNP Paribas Real Estate head of research and strategy will lead the merged British Property Federation, Investment Property Forum and Association of Real Estate Funds from July.

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]]> Rightmove hit by £1.5bn lawsuit over ‘unfair’ fees https://www.propertyweek.com/news/rightmove-lumbered-with-1-5bn-lawsuit Wed, 01 Apr 2026 08:39:41 +0000 https://www.propertyweek.com/?p=658618 The estate agents claim Rightmove has used its online dominance to "financially squeeze subscribers by consistently and materially raising prices without proper justification".

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]]> Two thirds of investors boosted their healthcare allocation in 2025, CBRE finds https://www.propertyweek.com/news/two-thirds-of-investors-boosted-healthcare-allocation-in-2025-cbre-finds Wed, 01 Apr 2026 08:26:42 +0000 https://www.propertyweek.com/?p=658542 In its 2026 Healthcare Sentiment Survey, CBRE revealed that approximately £10bn was invested in the care home sector last year, accounting for 79% of all healthcare investment.

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]]> Frogmore to exit fund management business https://www.propertyweek.com/news/frogmore-exiting-fund-management-business-following-series-of-administrations Tue, 31 Mar 2026 16:40:48 +0000 https://www.propertyweek.com/?p=658529 The company confirmed the move after a series of recent administrations as it winds down its £400m FREP III value-add fund, with a host of schemes being sold off or handed back to lenders.

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]]> Allsop pays tribute to ‘brilliant leader’ Will Clough https://www.propertyweek.com/news/allsop-pays-tribute-to-dear-friend-and-colleague-will-clough Tue, 31 Mar 2026 14:40:42 +0000 https://www.propertyweek.com/?p=658545 He joined the company as a graduate in 2010 and later became a partner and served as lead auctioneer in Allsop’s commercial auction business.

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]]> Government’s £16bn National Housing Bank opens for business https://www.propertyweek.com/news/the-16bn-national-housing-bank-opens-for-business Tue, 31 Mar 2026 12:46:46 +0000 https://www.propertyweek.com/?p=658522 Homes England has officially launched the National Housing Bank alongside a new investment plan, which will look to deploy £16bn of debt, equity and guarantees to deliver 500,000 new homes.

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]]> Seneca sells Manchester pharmaceutical facility to occupier Seda https://www.propertyweek.com/news/seneca-sells-manchester-pharmaceutical-facility-to-occupier-seda Tue, 31 Mar 2026 11:00:51 +0000 https://www.propertyweek.com/?p=658500 The sale follows the building's repositioning as a specialist life sciences facility.

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]]> Queensway to transform City office building into 239-bed hotel https://www.propertyweek.com/news/658493 Tue, 31 Mar 2026 10:30:02 +0000 https://www.propertyweek.com/?p=658493 The scheme will include a ground-floor café, a co-working space, a bar and a lounge area.

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]]> Abercrombie & Fitch to make Northern Irish debut at Victoria Square https://www.propertyweek.com/news/abercrombie-fitch-to-make-northern-irish-debut-at-victoria-square Tue, 31 Mar 2026 10:21:17 +0000 https://www.propertyweek.com/?p=658488 The US fashion brand joins other recent retail signings, including LEGO and Sephora, at the Belfast shopping centre.

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]]> Valor Real Estate Partners announces raft of senior promotions https://www.propertyweek.com/news/valor-real-estate-partners-announces-raft-of-senior-promotions Tue, 31 Mar 2026 10:15:49 +0000 https://www.propertyweek.com/?p=658480 The company has made nine promotions, including four promotions to senior vice-president, as it continues to expand its platform across Europe.

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]]> LPA calls for upgrade in offices’ planning status as shortages threaten to ‘choke growth’ https://www.propertyweek.com/news/londons-critical-office-shortages-threaten-to-choke-growth-without-emergency-measures-warns-lpa Tue, 31 Mar 2026 10:10:33 +0000 https://www.propertyweek.com/?p=658464 The London Property Alliance wants offices to be designated as critical infrastructure, after reporting that 14m sq ft of office floorspace has been lost since 2018.

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]]> Chancerygate and Bridges complete €40m Dublin logistics development https://www.propertyweek.com/news/chancerygate-and-bridges-fund-management-complete-e40m-logistics-development Tue, 31 Mar 2026 09:57:06 +0000 https://www.propertyweek.com/?p=658470 Three units totalling 31,200 sq ft have been pre-let at Airport Trade Park, a grade-A urban logistics development near Dublin Airport.

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]]> Databricks to quadruple London office footprint amid £643m UK investment drive https://www.propertyweek.com/news/658467 Tue, 31 Mar 2026 09:51:51 +0000 https://www.propertyweek.com/?p=658467 AI company Databricks has announced plans to invest more than $850m (£643m) in the UK over the next three years.

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]]> Cluttons appoints Sambridge and Buckley as joint heads of commercial https://www.propertyweek.com/news/cluttons-appoints-sambridge-and-buckley-as-joint-heads-of-commercial Tue, 31 Mar 2026 08:52:01 +0000 https://www.propertyweek.com/?p=658388 They will lead a newly merged teams covering areas including agency, investment, lease advisory, valuation, business rates, and projects and building consultancy.

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]]> Retail assets help Acuitus raise £18.79m at March auction https://www.propertyweek.com/news/retail-assets-help-acuitus-raise-18-79m-at-march-auction Mon, 30 Mar 2026 16:29:07 +0000 https://www.propertyweek.com/?p=658403 The star lot was the freehold Arcade Shopping Centre in Bedford, which went under the hammer for £2.605m.

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]]> City of London Corporation approves plans to upgrade No. 1 Poultry https://www.propertyweek.com/news/city-of-london-corporation-approves-plans-to-upgrade-no-1-poultry Mon, 30 Mar 2026 16:17:04 +0000 https://www.propertyweek.com/?p=658394 The consented proposal aims to decarbonise the grade II-listed landmark City building and keep it commercially viable, without compromising its architectural significance.

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]]> Canary Wharf gets green light for revamp of 33 Canada Square https://www.propertyweek.com/news/canary-wharf-gets-green-light-for-revamp-of-33-canada-square Mon, 30 Mar 2026 16:06:20 +0000 https://www.propertyweek.com/?p=658364 The office building, which the group is bringing forward on a pre-let basis, will span more than 545,000 sq ft of workspace, plus retail amenities.

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]]> Allsop raises over £105m at commercial and resi auctions https://www.propertyweek.com/news/allsop-raises-over-105m-at-resi-and-commercial-auctions Mon, 30 Mar 2026 15:27:25 +0000 https://www.propertyweek.com/?p=658365 The commercial auction raised £60m, while the residential sale brought in £45m.

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]]> Muse and WCHC get green light for Manchester affordable homes scheme https://www.propertyweek.com/news/muse-and-wchc-greenlit-for-125-affordable-wythenshawe-homes Mon, 30 Mar 2026 15:12:46 +0000 https://www.propertyweek.com/?p=658361 The Alpha scheme from Muse and Wythenshawe Community Housing Group will contain 125 affordable homes as part of the area's wider regeneration.

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]]> Retail top choice for Scottish commercial property investors, Knight Frank reports https://www.propertyweek.com/news/658352 Mon, 30 Mar 2026 12:50:23 +0000 https://www.propertyweek.com/?p=658352 The sector accounted for £216m of the £387m total investment in the first quarter of the year.

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]]> Shared home ownership comes with ‘longer-term financial risks’, NAO warns https://www.propertyweek.com/news/shared-ownership-comes-with-longer-term-financial-risks-nao-warns Mon, 30 Mar 2026 12:21:21 +0000 https://www.propertyweek.com/?p=658350 The report found that the complexities of service charges and ‘staircasing’ – where customers increase the proportion of the property they own rather than rent - make the product hard for consumers to understand.

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