News In Brief


Grosvenor Systems and Spike Global have announced a new strategic alliance, enabling build-to-rent operators


to


benefit from a complete end-to-end property management and accounting solution. The innovative alliance shifts tenant journey online in


first end-to- end service in the build-to-rent market


Propman, Grosvenor Systems’ leading financial reporting and property management product, will be combined with Spike’s tenancy management solution, Spike Lettings, and award- winning


resident engagement portal,


Spike Living, to create an enhanced, simplified experience for tenants.


Commercial design & build company Thirdway launch campaign to ‘Redefine the O word’ and update the dictionary definition


of ‘Office’. Thirdway lit up


London landmark buildings with the letter ‘O’, kicking-off their mission to change the definition of the word ‘office’ – an out-dated and therefore defunct


word – in the Oxford and


Cambridge dictionaries. Thirdway’s goal is to persuade the Oxford dictionary to change the definition of ‘Office’ to: “A designed space where an organisations engagement,


and productivity are enhanced via its people,


to and goals.”


A new contract to manage a major development of more than 400 homes in Surrey has been secured by residential and commercial property specialist Centrick. Centrick’s building and estate management division has been instructed by the residential management company at New Central, a £55 million mixed-use development in Woking. New Central is a commercial and residential development with 11 blocks consisting of 478 apartments and eight commercial units, located in central Woking.


Commercial property developer and


investor Eshton Group has


strengthened its senior team with the appointment of David Aspland as director. David has more than 25 years’ experience in the commercial, residential development and investment property market having previously worked for Donaldsons, Unite PLC and as a director for Savills and a partner at Carter Jonas. Following this, in 2017, David joined Illuminating Investments. David’s


role at Eshton Group will


centre on identifying opportunities for acquisition by further building on his extensive network of agents and developers in the Yorkshire region, and tapping into relevant property trends to drive the most value from the sites and opportunities on offer.


Global denim fashion brand Levi’s® is upsizing its store at The Boulevard by


COMMERCIAL PROPERTY MONTHLY 2022 achieve


collaboration, stated


objectives culture


Construction of a new speculative industrial warehouse has already started at Horizon38, the landmark regeneration and employment scheme in Filton, north Bristol.Unit G5, a 115,600 sq ft unit is being developed by St Francis Group and ALMCOR at Horizon38, with Avison Young and JLL appointed to market the new space at a time when there is unprecedented demand for Grade A logistics and distribution space and a critical lack of available stock. It is the largest new build logistics unit, available in north Bristol.


Evo Industrial has secured planning consent and started preparatory work to develop EVO Warrington 89, a modern, logistics and HQ industrial unit located on Omega Boulevard in Lingley Mere, Warrington. CBRE and Williams Sillitoe have been appointed as joint agents on the speculatively developed scheme which will be Evo Industrial’s fifth Net Zero Carbon building. Howard Russell Construction to


has construct the been unit which


appointed will be


available in Spring 2023. The building focuses on low running costs and a low carbon footprint and will achieve BREEAM Excellent and Net Zero Carbon when in use, targeting an A+ rating for energy performance. The property will include recycled materials, solar roof panels, comfort cooling, LED lighting, parking for 88 vehicles, EV car charging points and a warehouse flooded with natural light. The fully fitted first floor offices are designed with high-speed fibre broadband and will be ready to occupy with raised access floors making hardware installation easy.


nearly 50% following its success at the outlet since joining in 2019. Proving not everyone made the switch from jeans to


leggings enjoyed record


in the pandemic, Levi’s® sales


and customer


loyalty through what was a challenging time for the retail industry. The original blue jeans creator’s success onsite has led to the brand upgrading to a 3,800sq ft unit at the front of the scheme, offering an even wider variety of leading jeans wear and accessories.


Belfast’s famous Odyssey complex has recentlyannounced the signing of three high profile restaurant brands, as part of the waterfront venue’s £15million winter 22/23 relaunch. Zizzi’s, Nando’s, and Five Guys will all take prominent units within the revitalised riverside food and leisure mall, formerly known as the Odyssey Pavilion. The new restaurants will occupy just under 11,000sq ft of prime space combined (3,400, 4,000 and 3,300 sq ft respectively), creating over 75 new jobs. The deals will give both Zizzi’s and Five Guys their second city centre locations, following the success of their Victoria Square stores, whilst the Odyssey location will be Nando’s 9th restaurant in Northern Ireland.


Retail And Café Opportunities In


Historic Hospital Development. Michael Jones Commercial are delighted to be instructed by University Hospitals Sussex NHS Foundation Trust as sole agents on the new 3Ts’ Royal Sussex County Hospital development in Brighton. This £500,000,000 development which has been over a decade in planning and delivery is nearing completion with doors due to open to patients and staff from November 2022 with opening taking place in 2023.


a formal


GLOUCESTER 12 FINAL PHASE COMMENCES


Graftongate, the


wholly owner-managed commercial real estate


investor and developer,


have commenced construction of a £10million development known as Gloucester 12. This is the final phase of Gloucester 12 which will comprise four industrial/warehouse units totalling 123,500 sq ft. The units are scheduled to be completed in November and will be constructed to a high standard, above institutional standards.


Rowe in bustling Whitechapel, London, has


launched, manager and providing 162,000 sq.


ft. of office space. The building is a landmark site for integrated real estate developer,


investor,


Frasers Property UK, as the company’s first urban office development. The scheme, which is less than a mile from Bank, Monument and Liverpool Street, also


outdoor terraces. A redevelopment of


the


provides old


over 17,000 sq. London


ft. of Metropolitan


University’s (LMU) School of Art, Architecture, and Design, The Rowe has added six floors to the existing building, with the extension reflecting the design of the original building while marrying it with a modern eye-catching glass, steel, and concrete extension. Designed by RIBA Stirling Prize-winning architectural practice, Allford Hall Monaghan Morris (AHMM), The Rowe’s former educational interior has been transformed into a modern open-plan workspace. Climate conscious principles underpin every aspect of the scheme from plan to build. The Rowe will run on 100% renewable electricity


and will provide a 26%


carbon emission reduction compared to a standard office building.


Mount Street Group (‘Mount Street’), a leading global third-party loan servicing and credit asset management firm, today announced the launch Site- Specific Climate Risk Assessments as part of its broader client service offering, powered through a


relationship with


Jupiter Intelligence (‘Jupiter’), a leading provider of predictive data and analytics for climate risk management and resilience. The Climate Risk Assessment tool utilises a bespoke climate risk model that can be targeted on individual real estate assets to assess site-specific climate and weather-related risks.


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