Luke Haynes

Regional News Editor at CoStar News

[Luke Haynes @CoStarLuke]

There's a new owner at Bristol's Halo office, with the deal likely to help the sector discover where the regional offices market is sitting. Reporting by Paul Norman... #Bristol #Office #commercialrealestate #capitalmarkets https://t.co/zBnZ9pa9U9

[Luke Haynes @CoStarLuke]

If you missed out on UKREiiF last week, or you're after a handy summary of its main talking points, the below article should be of some use.

In it you'll find expert opinion on the current state of the industrial market from Prol…https://t.co/8MzehZT1hf https://t.co/Vcq0juwKeP

[Luke Haynes @CoStarLuke]

Big news from the world of big sheds as Syncreon agrees a circa 600,000 square foot prelet at Segro Park Coventry. The DP World company joins delivery giants DHL at the Warwick District complex. #industrial #syncreon #warehouse #Coventry https://t.co/H1vo9niOg6

[Luke Haynes @CoStarLuke]

Morning (news) has broken... Big industrial deal here, reported by Paul Norman #industrial #blackstone https://t.co/5KszzlakMM

[Luke Haynes @CoStarLuke]

Sizeable letting here in the centre of Birmingham! Higher education provider QA Higher Education is taking 45,000 sq ft at Louisa Ryland House in Birmingham. The office, formerly occupied by WeWork, will also house flex office operator RE-DEFINED.

Full s…https://t.co/yNZyS47YJK

[Luke Haynes @CoStarLuke]

Rapidly-expanding flex office space provider Cubo Work is venturing into Manchester and has set its sights on two floors at a property close to an area that has seen a recent £4 million refurbishment. It's one of four new offices t…https://t.co/XCoo17e1B0 https://t.co/8TGePAlsjl

[Luke Haynes @CoStarLuke]

Industry reaction here to the news interest rates have risen by a quarter of a percentage point. It's "very likely", however, that rates have peaked, experts say.

While the short term view is that mortgage rates will spike once again, although not as dra…https://t.co/GofbPp5aXi

[Luke Haynes @CoStarLuke]

It's been a rocky few years for retail following changes to shopping patterns accelerated by the COVID-19 pandemic.

This week, UK retail-focused REIT Hammerson posted its full accounts for 2022, which showed positive signs, including a 2% increase in lea…https://t.co/Az3P4AYfA3

[Luke Haynes @CoStarLuke]

Couple of exclusives here on recent deals in the Birmingham office market after heading up to the city for a short trip the other week.

1.) UK media outlet Reach Media has inked a deal to take 12,000 square feet at 3 Brindleyplace, with its owners curren…https://t.co/PNTMobU1Xh

[Paul Norman @CoStarUKeditor]

Exclusive from @CoStarLuke Blackstone woos Aon to new Brum offices https://t.co/GVX9rZsQZA

[Luke Haynes @CoStarLuke]

Getinge becomes the first medtech company to take up residence at Derby's St Modwen Park in the East Midlands...

Piece here: https://t.co/B7u3oZ24JL

#Getinge #StModwen #Derby #medtech https://t.co/u6LWXaVEo4

[Luke Haynes @CoStarLuke]

Findings from Deloitte's Crane survey published earlier today seem to suggest that we're rediscovering city centres, with new construction starts in Belfast, Birmingham, Leeds and Manchester increasing by 3% in 2022.

The education sector, specifically un…https://t.co/kxffzb0tcO

[Luke Haynes @CoStarLuke]

In Jeremy Hunt's speech at Bloomberg today, the chancellor stressed "levelling up matters", but where has the £3.8 billion of funding awarded in the first two rounds of the government's flagship scheme gone so far and what projects are benefitting? I took…https://t.co/EX3AbS15wb

[Luke Haynes @CoStarLuke]

Collaboration here between the CoStar teams on big tech firms and their moves to reduce office space amid gloomier economic times. For the piece, I spoke with IPUT Real Estate Dublin chief exec Niall Gaffney about ongoing developments linked to tech giant…https://t.co/XS5a56R8QD

[Luke Haynes @CoStarLuke]

Last week I took a short trip down to One Triptych Place along Bankside to check out JTRE London's 68,000-square-foot office, a stone's throw away from Shakespeare's Globe and the Tate Modern.

The building is now fully let after a trio of tenants signed…https://t.co/IYHjnVCNWX

[Luke Haynes @CoStarLuke]

Was fortunate enough to grab some time with Hammerson chief development and asset repositioning officer Harry Badham to discuss his plans for the repositioning of the former John Lewis department store at Grand Central, Birmingham,…https://t.co/Hmq8KtuMMz https://t.co/09Uk0wfLh9

[Luke Haynes @CoStarLuke]

Amazon has moved to shuffle its UK estates deck by closing three centres, totalling around 1.2 million square feet of warehouse space. It is, however, proposing two new sites in the West Midlands and County Durham... #Amazon https://t.co/hIik7tFkfR

[Luke Haynes @CoStarLuke]

Wonder how the Midlands industrial market fared in 2022 and where it's heading this year? Here's a look at how its constrained 'big shed' supply will continue to increase rents for properties... #Midlands #Industrial https://t.co/k1jHpFzL9H

[Luke Haynes @CoStarLuke]

Mott McDonald, Spacemade and Bevan Brittan all got significant moves signed off before the end of 2022, as the central Birmingham office market enjoyed a solid Q4 performance #office #birmingham https://t.co/8bDANPHNSR

[Luke Haynes @CoStarLuke]

In a year of significant economic turbulence, triggered largely by the war in Ukraine and a disastrous mini Budget, the Manchester office sector proved resilient. Read my full review here... #office #Manchester https://t.co/vMcH8cPjMu