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Cushman & Wakefield has revealed plans for its long-awaited initial public offering. Morgan Stanley, JP Morgan, Goldman Sachs and UBS are named as joint book-running managers and representatives of the underwriters for the offering (EGi/Property Week) https://www.egi.co.uk/news/cushmans-prepares-to-launch-ipo/ and Cushman & Wakefield files for… (Show more)
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The Bank of England has held interest rates but signalled an August rate rise is more likely than previously thought. In a decisive move, Andrew Haldane, the Bank's chief economist, joined two other Monetary Policy Committee members in voting to raise rates to 0.75% (BBC News) August interest rate rise moves step closer - BBC News
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Gary Neville's controversial £200m St Michael’s redevelopment project in Manchester city centre has been given the final go-ahead by the Secretary of State for Housing. The 700,000 sq ft mixed use scheme comprises 216-bedroom hotel, 189 high-end apartments, 148,000 sq ft offices and 33,000 sq ft of leisure space (CoStar/Property Week)… (Show more)
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Leeds-based property consultancy Gent Visick is opening an office in London to be headed by industrial surveyor Ben Havery who spent 12 years at JLL and Cushman & Wakefield (EGi) https://www.egi.co.uk/news/leeds-consultancy-expands-into-london/
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Chris Stewart Group has prelet all 60,000 sq ft at the The Mint building in the heart of Edinburgh to a tenant understood to be Baillie Gifford and subsequently agreed a forward purchase deal with Hines, on behalf of its European Core Fund (CoStar/Property Week)… (Show more)
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Revised plans by The Ashfield Partnership to build 300 homes on Hoe Lane in North Baddesley have been given the green light after the number of units was reduced from 500 (Daily Echo) 300-home plans finally approved in North Baddesley after two-year wait | Daily Echo 
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Churchill Retirement Living is to appeal the decision to refuse permission to build 27 apartments for elderly residents on the corner of Shore Lane and Coppice Hill in Bishop's Waltham which had been recommended for approval by Winchester planners (Hampshire Chronicle) 'Councillors should pay' - developer vows to appeal after Bishop's Waltham… (Show more)
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Aldi has submitted a planning application to build a new supermarket on the site of the Budgens store in Winklebury Way, Basingstoke (Basingstoke Gazette) Application to build an ALDI in Winklebury goes in | Basingstoke Gazette
in UK Development News