Property Week

Criterion Capital’s Zedwell Hotels has acquired New London House on Fenchurch Street in the City of London from Premier Inn owner Whitbread for an undisclosed sum. Read Lewis Berrill's report: ow.ly/XzBc5105mfx #London #LondonRealEstate #LondonRealEstate

Measures announced in the Budget could provide a ‘significant’ opportunity for the property sector – but viability and execution concerns remain. Read Greg Pitcher's report: ow.ly/zxmh5104qW5 #RealEstate #Property #Budget

Related Argent chief operating officer Morwenna Hall has an engineering background, a skillset she says has been invaluable at the ambitious Brent Cross Town regeneration scheme. Read Lem Bingley's report: ow.ly/MvcK5104qqc #RealEstate #PropertySector

Farran Investments and equity partner GoldenTree have agreed a £107m acquisition of Birmingham's 3 Chamberlain Square, a prime office within the Paradise estate, from Federated Hermes. Read Jamie Bennett-Ness' report: ow.ly/a51k510486w #RealEstate #Birmingham

Housebuilder Vistry Group has started the “necessary process” of reducing its headcount, as part of a plan to cut its number of operating regions from 25 to 12. Read Ciaran Nerval's report: ow.ly/UoT951042Qm #PropertySector #RealEstate

This year’s Student Accommodation Conference & Awards will bring together leading organisations to discuss, debate and celebrate the sector’s contribution. Read Adam Branson's report: ow.ly/rpCW51040Si #StudentAccommodationConference #PropertyWeekEvents

The Public Accounts Committee has warned that any further delays to the planned restoration of the Houses of Parliament will cost nearly £500m for every year of setback. Read Jamie Bennett-Ness' report: ow.ly/FaeO5103LFZ #HousesofParliament #Parliment

A scoping document has been filed to Camden Council for Lendlease and The Crown Estate’s Euston station masterplan, detailing proposals to provide up to 7m sq ft of mixed-use space. Read Ciaran Nerval's report: ow.ly/arth5103Jjz #Euston #EustonStation

Employment experts are warning developers not to get caught out by new rules requiring them to carry out right to work checks on workers indirectly employed via contractors. Read Tim Clark's report: ow.ly/sMxr5103qyx #RightToWork #RTW #RightToWorkUK

Penta Real Estate has launched a £230m-plus joint venture with Staycity Group to fund the delivery of a 350-room aparthotel in Farringdon, London. Read Lewis Berrill's report: ow.ly/J4mx5103quL #London #LondonHotels #LondonRealEstate

Drax and Brookfield have teamed up to jointly develop and operate £20bn worth of data centre capacity at Drax Power Station in North Yorkshire. Read Lewis Berrill's report: ow.ly/6iSz5103moh #NorthYorkshire #Yorkshire

Hayfin Capital Management and Capreon have completed the purchase of 280 Bishopsgate, their second big-ticket London office buy in the past year. Read Jamie Bennett-Ness' report: ow.ly/N4YU5103f0n #London #LondonRealEstate #LondonProperty

With construction starts at the lowest levels since the pandemic, James Orr, head of I&L at Royal London Asset Management Property, tells PW why he believes this is the ideal time for long-term investors to build. Read Andrew Saunders' report: ow.ly/JCPR5101YHJ

The British Film Institute, Frameworks and Verisure have signed for space at Twenty Two Upper Ground on London's South Bank. Read Lawrie Holmes' report: ow.ly/uv9g5102qag #London #SouthBank

The gym and fitness sector continues to perform strongly, with operators expanding their number of sites. Read Greg Pitcher's report: ow.ly/1zpK510112H #Gym #RealEstate #LuxuryGym

Royal London Asset Management (RLAM) and developer Simten have secured approval to refurbish sites in Soho Square in London’s West End to develop a 55,000 sq ft office building. Read Lawrie Holmes' report: ow.ly/Z8go5101P5B #London #WestEnd

Housebuilders have branded the Autumn Budget "disappointing" and "lunacy" after chancellor John Healey failed to address viability challenges and raised tax rates on rental income by an extra 2%. Read Jamie Bennett-Ness' report: ow.ly/utUg5101Naa #Budget #AutumnBudget

Twenty teams descended on the Holland & Holland Shooting Grounds in west London for this year’s Property Industry Clay Pigeon Shoot, in aid of Chickenshed Theatre Trust. Read Lem Bingley's report: ow.ly/phev51010Xf #RealEstate #PropertySector #ClayPigeonShoot

Reef + Partners and BlackRock Real Estate have signed non-for-profit The London Initiative for Safe AI for 82,000 sq ft of workspace at the Tribeca campus. Read Jamie Bennett-Ness' report: ow.ly/ro2M5101oC1 #London #Tribecacampus #AI

British Land has paused the next stage of development at its £4bn Canada Water regeneration project, in the latest sign of severe viability challenges in the capital. Read Jamie Bennett-Ness' report: ow.ly/kNtv5101eUn #CanadaWater #London #LondonRealEstate