Empiric buys Birmingham PBSA scheme

Company has spent last of acquisition funds from equity raise
Company has spent last of acquisition funds from equity raise
Flex office company looks to “counter macroeconomic and competitive pressures”
Agency aims to create ‘a more connected, coordinated and client-focused platform’
REIT is close to having sold 70% of non-core assets from acquisition
Investor-developer “doubles down” in impact-focused strategy
CEO Andrew Jones told Estates Gazette last year: “My job is to buy companies”
REIT is giving “serious consideration” to returning all of JV profit to shareholders
Development near Bristol expected to complete in summer 2026
Group’s Hallam Land arm also strikes sale of 300-home plot
Chief executive Courtauld expects pace of activity to continue
US firms takes 15,000 sq ft on five-year lease
Tim Cornford and Ruth Moorhouse team up with Black Cat
Firm raises €9.8bn despite “exceptional dislocation”
Agreed deal would mark latest take-private in listed real estate
The CEO is tackling one of his toughest roles yet in overhauling the national footprint
Chief executive says sales are “strategic and opportunistic”
Matt Richards will take on chief executive role from next month
Agency takes majority ownership of South East-focused firm
24 members of staff lifted across consultancy’s London and Leeds offices
Jessica Berney joins after 13 years at fund house
Cash-and-share deal would create eighth-largest UK REIT
Company has £1.6bn development pipeline
Agency hires former Cushman boss for “core service” division
Modella Capital to rebrand 480-shop portfolio
10 Fleet Place to house new media hub on ground floor
A MIPIM panel tackled Trump’s pushback against diversity programmes
Company sets out terms of latest takeover
Proposal values target at £489m
EDITOR’S COMMENT ‘Being “instinctively opportunistic” is the perfect trait to have
Company has “changed and evolved” thanks to recent deals
The REIT paid down £15.2m of debt in 2024
New funding is on better terms that previous facilities
Development is REIT’s first fully fitted project
115p per share suggestion is a 4% lift from previous proposal
Development will add three new floors to City block
Investor-developer buys One Chapel Place from CC Land
Company says Fitch rating gives “greater optionality” for debt issues
REIT adds former M&G Investments CEO and Pretium boss to board
Deal values London estate at £2.7bn
Group welcomes new lender to syndicate
Chief executive Shillaw says results show “resilience” of business model
Curzon Street Partners lodges plans for redevelopment of town centre site
Company wants to recycle capital into new investments
Investment firm has held discussions with a number of potential buyers
EDITOR’S COMMENT There’s an optimism in the air, which I haven’t been able to say about many MIPIMs
EDITOR’S COMMENT I am writing this on Wednesday afternoon. There is brilliant, bright sunshine in south London and I’m looking, slightly crestfallen I must admit, at the weather forecast for Cannes, where I’ll be for the MIPIM conference next week. Rain on Monday and Tuesday. Hopefully sun on Wednesday and Thursday. Could be worse, but […]
Deal follows similar proposal from Supermarket Income earlier this week
Carl Zeiss will undertake sustainability revamp of space at Cambourne Park
Development is one of three initial sites for joint venture
Strategic review launched with Rothschild as financial adviser