Monthly Archives: January 2011

More office space allowed at Arena Central, Birmingham

Posted on by John Cronin

A large scale, mixed-use development in Birmingham has been granted planning permission for additional office floor space. The speculative Arena Central scheme (pictured) in Birmingham city centre has been granted planning permission for an additional 300,000 sq ft of office … Continue reading

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Floating offices for Glasgow

Posted on by John Cronin

A floating, mixed use development in Glasgow is a step nearer reality after a preferred bidder has been selected for the proposed scheme. Wilmslow, Cheshire based Floating Concepts is a specialist property development company focusing on water based rather than … Continue reading

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£6m refurbishment for old Manchester building

Posted on by John Cronin

Plans for a multi-million pound refurbishment in Manchester to create offices within a listed building have been submitted and are now awaiting approval. Owners of the Grade II Listed Sevendale House in Dale Street (pictured – source), Philip J Davies … Continue reading

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Station Hill, Reading acquired

Posted on by John Cronin

A large-scale development in Thames Valley has been acquired by a US private equity investor. US investors Benson Elliot Capital Management and UK property developers Stanhope plc have acquired a majority interest in the Station Hill redevelopment in Reading, Berkshire. … Continue reading

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Chiswick Park attracts £480m bid

Posted on by John Cronin

One of the largest business parks in the UK is set to be sold for nearly £500m to a private equity group. Blackstone, the private equity investors are aiming to sign off a deal worth £480m to purchase the 1.8m … Continue reading

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New tenant for largest office block in Reading

Posted on by John Cronin

A second tenant has agreed to lease floor space in the largest office building in Reading. It has been announced that software company Pegasystems has signed a 10 year lease for 22,590 sq ft of floor space on the third … Continue reading

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Landmark building in Sheffield sold for £24m

Posted on by John Cronin

A landmark office block in Sheffield city centre has been sold in a multi-million pound transaction. 1 St Paul’s Place (pictured) has been purchased by investment group Canada Life for £23.96m. The previous owner was fund manager Standard Life Investments. … Continue reading

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Major refurbishment plans for City office tower

Posted on by John Cronin

Plans have been submitted for a major refurbishment of a large office tower in the City of London. Plans were submitted in December for a complete renovation of the One Angel Court (pictured) site in Throgmorton Street and Copthall Street … Continue reading

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Office development for Clyde Gateway, Glasgow

Posted on by John Cronin

Funding and construction contracts have been agreed for a multi-million pound office development at a large regeneration scheme in Glasgow. The Clyde Gateway Urban Regeneration Company (URC) has announced that funding amounting to £10m has been secured from the investment … Continue reading

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