Property & Construction - The Business Magazine

Savills seeing increasing uptake of office space in South East

Giles Gwinnett — Fri, 25 Oct 2024 04:39:00 +0000

Real estate services firm Savills said it was seeing increased momentum in firms taking up office space in the South East this year. In the year to date (to the end of Q3) take-up in the Greater London and South East office market was around 2.1 million square feet (sq ft). That is up 38% compared to the same period in 2023. In the third quarter this year, 756,000 sq ft of office space in the...

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HR Smith Group invests further in Hereford Enterprise Zone

Giles Gwinnett — Fri, 25 Oct 2024 04:22:00 +0000

Work has just kicked off on a £6 million advanced manufacturing centre at Herefordshire's Skylon business park. Collins Design and Build has been appointed to develop the 31,000 sq ft centre for TechTest Ltd, part of the HR Smith Group. It is the third expansion at the site by the HR Smith Group, bringing the Kingsland-based company's total investment in the Hereford Enterprise Zone to £11...

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Bath's Royal Victoria Park and Pavilion poised for series of improvements

Giles Gwinnett — Fri, 25 Oct 2024 04:19:00 +0000

The iconic Royal Victoria Park and Pavilion in Bath is set for an upgrade after law firm Clarke Willmott helped Bath and North East Somerset (BANES) council strike a lease and facility management agreement. It will see a series of improvements take place, including an upgrade to the tennis and golf facilities and the refurbishment of the public toilets. The refurbishment of the previously named...

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Large East Sussex hospitality complex goes on the market

Giles Gwinnett — Fri, 25 Oct 2024 04:00:00 +0000

A mixed use hospitality complex in St Leonards-on-Sea, East Sussex has gone on the market and is available immediately to buy or let. The Sussex Exchange, on Queensway, 3.5miles from Hastings town centre, opened around 12 years ago and has been home to a restaurant, bar, conference centre and cinema. More recently, there has also been a night club. In July this year, it was reported that the...

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Planning green light for Oxford city centre redevelopment

Giles Gwinnett — Thu, 24 Oct 2024 04:22:00 +0000

A new aparthotel is set to come to Oxford city centre after Oxford City Council approved plans last week, it was reported. City councillors green-lighted the plans from Marick Real Estate to redevelop 38-40 George Street (the site of an Odeon cinema) for a new 145 room aparthotel operated by Staycity for their premium brand Wilde. The development is set to also include a new 400 sq m community...

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AccXel Construction School hails tie-up with leading national property maintenance group

Giles Gwinnett — Thu, 24 Oct 2024 04:19:00 +0000

Gloucestershire's AccXel Construction School has announced a tie-up with major UK property maintenance firm Wates Group, which will see the former deliver education for the latter's trainee programme. AccXel said it has been selected as one of only two educational institutions in the country to deliver bespoke training for the Wates’ programme, with the first cohort of 65 enrolling for 2024.

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Regeneration of former sheltered housing scheme in Gloucestershire kicks off

Giles Gwinnett — Thu, 24 Oct 2024 04:15:00 +0000

Two Rivers Housing has started work on a project in Gloucestershire to transform a former sheltered housing scheme into 20 new affordable homes. The Johnstone Close site in Staunton will see 14 homes for social rent delivered and a further six for shared ownership. The affordable homes group has partnered with Harper Group, which will be responsible for demolishing the existing properties and...

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Grade II listed hotel in Dorchester sold to Sleeping Bear Notels

Giles Gwinnett — Thu, 24 Oct 2024 04:01:00 +0000

The Georgian Grade II listed Best Western Wessex Royale Hotel in Dorchester, Dorset, has been sold to Sleeping Bear Notels for an undisclosed price, said Christie & Co. The owner had independently owned and run the hotel, which has 29 ensuite rooms, since 2002 and has now sold to focus on other business ventures. It has been sold to Tudor and Lucy Hopkins of Sleeping Bear Notels, who also own a...

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For Sale: Major county airport, with room for expansion

Nicky Godding — Wed, 23 Oct 2024 14:41:17 +0000

Gloucestershire Airport has gone up for sale. Plans to sell the airport were first revealed at the end of last year. International real estate advisor, Savills, has been jointly appointed by co-owners Cheltenham Borough Council and Gloucester City Council to market the freehold interest in Gloucestershire Airport, which includes 100 per cent of the shares in the operating company...

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Reading’s measurable.energy secures £4m to expand in UK and beyond

Daniel Face — Wed, 23 Oct 2024 03:06:00 +0000

measurable.energy, a Berkshire business makes AI-powered plug sockets to reduce electricity costs and carbon emissions in offices, has secured a £4 million investment. The funding will help accelerate the company’s growth in the UK and abroad – especially in Southeast Asia – ahead of its anticipated series B fundraise in 2025. This latest round was co-led by Vertex Exploratory Fund...

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