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property news

House buyer demand falls in Welsh housing market
Housing
But property professionals in Wales are less pessimistic about activity on a 12-month horizon
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Lake District Best Western hotel handed £3.7m price tag
North West
The hotel had been up for sale at the start of 2020 for £3.25m
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HelloFresh starts work on 400,000 sq ft distribution centre on SmartParc food campus in Derby
Food and Drink
German-based HelloFresh shipped more than a billion meals to 7 million active customers around the world in 2022
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Online white goods retailer AO cuts Salford office space by 80%
North West
Baskerville House is one of four buildings at Riverside’s campus-like cluster
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Edgbaston unveils designs for new hospitality suite
West Midlands
Club is expanding its corporate offer for parties and matchday experiences
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Go-ahead for nearly 300 homes at site of former Valleys hospital
Enterprise
Rhondda Cynon Taff councillors have approved the residential scheme from WDL Homes
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Aggregates giant Breedon planning move from AIM to main stock market as sales hit £1.4bn
Construction
Despite uncertain economic outlook – particularly in housebuilding – Infrastructure and industrial construction set to grow
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21-strong contingent heading for MIPIM in Cannes under ‘Team Nottingham’ banner
MIPIM
Global stage for property and development opportunities attracts thousands of investors and developers
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Fresh hold-up for Leicester City King Power Stadium expansion plans
Barclay's Premier League
News of the delays comes as the club revealed it made losses of £92.5m in the 2021-22 season
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Team Leicester to honour one of their own, Mukesh Patel, when they head to MIPIM next week
MIPIM
Mukesh Patel, who died last month, was managing partner of the Freeths Leicester office and a Team Leicester director
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Dragons' Den success Rheal Superfoods moves to new base as demand increases
property news
The company - which has recently achieved B Corporation status - has moved to new premises in Washington
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13-storey Birmingham office block reaches practical completion
West Midlands
One Centenary Way is the latest phase of work to complete at £1.2 billion Paradise project
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New chair of Women in Property South Wales
property news
Rhiannon Peploe-Williams is an associate with law firm Blake Morgan
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Barratt creating 170 East Midlands jobs at new £45m timber frame factory
Housing
Last year Barratt built more than 3,700 of its 18,000 homes using timber frames
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Bruntwood SciTech unveils plans for £60m development at Manchester Science Park to create over 2,500 jobs
North West
Bruntwood SciTech said the new building would reduce fossil fuel consumption and be 100% electric
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Revealed: £60m transformation plan for Leicestershire County Cricket Club ground
Business of Sport
Management want to redesign stands, add a cricket academy and potentially open up space for development
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Inn Collection Group acquires second hotel in Northumberland seaside town
Hotels
The acquisition in Seahouses takes its portfolio total across the º£½ÇÊÓƵ to 36 sites
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Billionaire Issa brothers’ EG Group in $1.5bn US property sale to slash debt
North West
The brothers also co-own Asda with TDR Capital
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Cramlington's Merit enlisted for £150m Moderna vaccine hub scheme
Construction
Hundreds of construction jobs will be created through the Moderna Innovation and Technology Centre (MITC) project
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Highcross Shopping Centre goes into receivership
Retail & High Street
It follows multi-million pounds losses at Highcross, which is jointly owned by Hammerson and Asian investors
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West Midlands retail closures highest in Britain
West Midlands
But a new report by PwC also says that last year the actual rate of shutdowns in the region was its lowest since 2018.
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Starling Bank to create 1,000 jobs in Manchester after signing Landmark deal
North West
Other tenants include Santander º£½ÇÊÓƵ, RSM, HSBC º£½ÇÊÓƵ and Grant Thornton
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Developer pulls application for £750m Leicestershire rail freight hub – but says it’s just a temporary thing
Logistics
Vast scheme has drawn criticism from councils, MPs and residents who say public consultation has not been up to scratch
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Look inside proposed landmark student apartment tower as plans submitted
North West
Manchester City Council is expected to make a final decision on the plans in the coming months
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