August 28, 2025
British Land Secures £450m Green Loan for 1 Broadgate

British Land Secures £450m Green Loan for 1 Broadgate

British Land and GIC’s Broadgate joint venture has secured a £450 million five-year Green Loan for 1 Broadgate, following the development’s practical completion in July. The landmark building is already 96% pre-let, with major tenants including A&O Shearman and JLL. The 545,000 sq ft scheme delivers some of the most

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Rituals Marks Milestone with 100th UK Store in St Albans

Rituals Marks Milestone with 100th UK Store in St Albans

Rituals has celebrated a major milestone with the opening of its 100th UK store, located in St Albans. The wellbeing brand, known for its luxury home and body products, has steadily grown its retail footprint across the country with stores already trading in key cities including London, Belfast, Swansea, Manchester,

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EE Smith awarded 52 Avenue Road super prime contract

EE Smith awarded 52 Avenue Road super prime contract

One of the UK’s leading fit-out and joinery specialists, EE Smith Contracts, has been awarded the prestigious 52 Avenue Road contract to deliver the fit-out of 12 super-prime houses near London’s Regent’s Park. Following the completion of the concrete frame and basement by a specialist contractor, EE Smith Contracts will deliver the envelope and full

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McAvoy Secures Place on LHC’s £265m Modular Buildings (MB3) Framework

McAvoy Secures Place on LHC’s £265m Modular Buildings (MB3) Framework

Leading offsite manufacturer McAvoy has been appointed to the LHC £265m Modular Buildings (MB3) Framework, securing a place on all four workstreams: permanent modular buildings (education, offices and community buildings), healthcare facilities, rental of temporary modular buildings and provision of refurbished buildings. This marks McAvoy’s third consecutive term on the

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The Momentum Group marks landmark year with 2025 insights on its responsible business initiatives

The Momentum Group marks landmark year with 2025 insights on its responsible business initiatives

Leading North West property services company, The Momentum Group, has marked a standout year of progress with the release of its second Annual Momentum Contribute Report. Momentum Contribute underpins The Momentum Group’s business activities, and the report highlights a string of achievements that demonstrate the business’s commitment to people, places,

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SEGRO goes double platinum for world-firsts in digital excellence

SEGRO goes double platinum for world-firsts in digital excellence

SEGRO V-Park Grand Union has become the first industrial and logistics building in the world to achieve WiredScore Platinum certification Located in Park Royal, SEGRO V-Park Grand Union is a six-storey urban logistics development that has been recognised for its outstanding digital infrastructure. Awarded following a rigorous assessment, the WiredScore

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Canmoor’s Westway Short-listed for Prestigious National Property Award

Canmoor’s Westway Short-listed for Prestigious National Property Award

Development and asset manager, Canmoor, is delighted to announce that Westway at Glasgow Airport has been shortlisted for Best Overall Scheme (Logistics Park) at the prestigious Industrial Agents Society (IAS) Awards 2025. The recognition places Westway among the UK’s most outstanding industrial and logistics developments. The IAS Awards, regarded as

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“No training, no new homes”: 66% of builders say they’re not trained

“No training, no new homes”: 66% of builders say they’re not trained

Britain’s multi-billion-pound construction pipeline is under threat, as new data reveals the industry must recruit 61,000 new workers annually* – putting the Government’s five-year investment plan in jeopardy – including Labour’s pledge to build 1.5 million homes by 2030. According to CV-Library, the UK’s leading job for construction roles*, demand

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Latest Issue
Issue 332 : Sept 2025

August 28, 2025

British Land Secures £450m Green Loan for 1 Broadgate

British Land Secures £450m Green Loan for 1 Broadgate

British Land and GIC’s Broadgate joint venture has secured a £450 million five-year Green Loan for 1 Broadgate, following the development’s practical completion in July. The landmark building is already 96% pre-let, with major tenants including A&O Shearman and JLL. The 545,000 sq ft scheme delivers some of the most sustainable mixed-use space in London, combining best-in-class workspace with roof terraces, alongside prime retail and leisure accommodation. Positioned at the heart of the City of London, adjacent to Liverpool Street Station and the Elizabeth Line, the building forms a key part of the wider Broadgate campus. British Land has emphasised the building’s strong sustainability credentials, with 1 Broadgate ranking among the most operationally energy-efficient offices it has ever developed. The new financing, secured at competitive market spreads, further diversifies the group’s funding sources and is set to reduce Group Net Debt to EBITDA by around 0.6x once proceeds are distributed. David Walker, Chief Financial Officer at British Land, commented: “We are delighted to have successfully arranged this £450m loan on our newest, best-in-class office building. This transaction underscores the confidence of our banking partners in this asset and the campus, and Broadgate’s continued appeal as the place to be in London for ambitious, forward-thinking businesses. The financing further enhances our flexibility to continue delivering space that meets the evolving needs of our customers, into a heavily supply constrained market where rents are growing strongly.” Recommendation: Emphasise sustainability and financial resilience in positioning this development.Next step: Highlight 1 Broadgate as a benchmark for future green finance in UK commercial property. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Studio Hive secures consent for major residential scheme at Bristol's £500m Silverthorne Lane development

Studio Hive secures consent for major residential scheme at Bristol’s £500m Silverthorne Lane development

Property developer StudioHIVE has been given the green light to build 434 new homes at the major Silverthorne Lane urban regeneration scheme in Bristol. Bristol City Council has granted consent for The Iron Works (Plots 2 and 3) of the wider Silverthorne Lane project, which will provide a mix of studio, one, two and three-bed build to rent homes near Bristol Temple Meads station. The scheme also includes new workspace, plus bars and restaurants sited around a public space, a new water taxi stop for Bristol Ferry Boats and a waterside walkway beside the Feeder Canal. The scheme is expected to be complete in 2029. The Iron Works forms part of the 12-acre Silverthorne Lane mixed use development in the heart of Bristol’s Temple Quarter Enterprise Zone (TQEZ). This comprises new homes, offices and student accommodation plus Oasis Academy Temple Quarter – a new 1,600 place comprehensive secondary school and sixth form – and new academic and office space for the University of Bristol. StudioHIVE is working in partnership with Woh Hup and Atlas Land, who acquired the site in June 2023 as part of the wider Silverthorne Lane masterplan. James Howard, development director at StudioHIVE, said: “Silverthorne Lane represents the biggest regeneration of a brownfield site in Bristol for some time, one which will provide huge social value benefits in a previously neglected part of the city. “At a time of considerable economic uncertainty we’re very proud to be delivering hundreds of much-needed new homes in the city centre, alongside employment and leisure opportunities for the people of Bristol and beyond. “The city council’s decision means we can now press on with this exciting project with a view to delivery in around four years’ time.” Sophie White, head of Lichfields’ Bristol office, which is providing planning consultancy on the project, added: “Lichfields is delighted with the planning committee’s decision on this landmark housing scheme. Securing consent follows close collaboration with Bristol City Council, StudioHIVE and the wider design team. “As one of the first residential projects in Bristol Temple Quarter, it will play a key role in shaping an exciting future for this part of the city.” The StudioHIVE team is based at The Temperance House in Wraxall, North Somerset, a Grade II listed building which was formerly The Battleaxes pub. Plans for a business centre, serviced accommodation, community hub and new homes at the site have also been approved by North Somerset Council with the support of Wraxall & Failand Parish Council. StudioHIVE is also involved in several other high-profile projects in the South West, including the development of the Weston-super-Mare Rugby Football Club site. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Rituals Marks Milestone with 100th UK Store in St Albans

Rituals Marks Milestone with 100th UK Store in St Albans

Rituals has celebrated a major milestone with the opening of its 100th UK store, located in St Albans. The wellbeing brand, known for its luxury home and body products, has steadily grown its retail footprint across the country with stores already trading in key cities including London, Belfast, Swansea, Manchester, Birmingham and Edinburgh. Annemarie Forsyth, managing director of Rituals UK & Ireland, said: “We’re excited to continue to thoughtfully expand our presence across the UK and Ireland, two markets which are hugely important to us. Helping us reach more communities while staying rooted in our values remains a focus.” Alongside the new opening, Rituals is preparing to launch its first ‘Mind Oasis’ on Oxford Street in London later this year. The new concept is designed to offer customers a space to recharge and reconnect, strengthening the brand’s positioning in wellbeing-led retail. Further expansion is also planned in Ireland, with two additional stores due to open before the end of the year. By then, Rituals expects to operate 113 UK stores and 18 Irish locations, bringing its combined footprint across the two markets to 137 stores, including travel hubs, in 2025. Recommendation: Use St Albans as a showcase launch to reinforce the brand’s UK growth story.Next step: Position the Mind Oasis concept as a flagship example of Rituals’ evolving customer experience. Building, Design & Construction Magazine | The Choice of Industry Professionals

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EE Smith awarded 52 Avenue Road super prime contract

EE Smith awarded 52 Avenue Road super prime contract

One of the UK’s leading fit-out and joinery specialists, EE Smith Contracts, has been awarded the prestigious 52 Avenue Road contract to deliver the fit-out of 12 super-prime houses near London’s Regent’s Park. Following the completion of the concrete frame and basement by a specialist contractor, EE Smith Contracts will deliver the envelope and full fit-out of the 52 Avenue Road project, which is being developed by Domvs London in a joint venture with Select Group Ltd. The contract value is expected to be in excess of £60m. The super-luxury residential scheme comprises three terraces of four five-storey homes, each featuring winter gardens on the roof terraces with private lift access, boasting spectacular views over Regent’s Park and Central London. The development also includes a basement with world-class health and wellness amenities for residents, including a 25m swimming pool, gym, treatment rooms and residents’ lounge. Completion is expected in Q4 2026. Neil Bottrill, Managing Director of EE Smith Contracts, said: “We are absolutely delighted to be working with Domvs on this prestigious scheme. “This gives us the perfect opportunity to showcase our skills at the very top end of the fit-out industry and to develop a long-term, collaborative relationship with our new client. “It also gives further vindication of the investment into the London office which we launched last year in order to provide a base for our Project-based staff and to further support the organic growth of the business over the coming years. “We continue to see many opportunities in the high-end fit out market and we are very well placed to take advantage of that.” Jon O’Brien, Principal and Founder of Domvs, added: “We are delighted to have secured the services of EE Smith following a long tender and evaluation process. “The quality of their team, from top down, and the standard of their final product aligned perfectly with our ‘best in class’ values. We are excited to deliver this scheme with EE Smith.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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McAvoy Secures Place on LHC’s £265m Modular Buildings (MB3) Framework

McAvoy Secures Place on LHC’s £265m Modular Buildings (MB3) Framework

Leading offsite manufacturer McAvoy has been appointed to the LHC £265m Modular Buildings (MB3) Framework, securing a place on all four workstreams: permanent modular buildings (education, offices and community buildings), healthcare facilities, rental of temporary modular buildings and provision of refurbished buildings. This marks McAvoy’s third consecutive term on the LHC Modular Buildings (MB3) Framework, which helps public sector clients to access modern methods of construction. McAvoy has successfully delivered several projects under previous iterations of the framework, including Kelmscott School, Lister Community School, and North Birkbeck Family Resilience and High Needs Centre. Stephen Clayton, Preconstruction Director at McAvoy, commented: “Securing a place on all four workstreams across all regions of LHC MB3 is a fantastic achievement and a clear endorsement of our commitment to quality, innovation and customer service. We’re proud to be recognised as a trusted delivery partner for public sector clients—bringing certainty, sustainability and modern methods of construction to the heart of every project.” Public sector clients can now access McAvoy’s full suite of modular services through the LHC MB3 Framework. For more information about McAvoy’s framework partnerships visit: www.mcavoygroup.com/who-we-are/frameworks-collaboration/ Building, Design & Construction Magazine | The Choice of Industry Professionals

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The Momentum Group marks landmark year with 2025 insights on its responsible business initiatives

The Momentum Group marks landmark year with 2025 insights on its responsible business initiatives

Leading North West property services company, The Momentum Group, has marked a standout year of progress with the release of its second Annual Momentum Contribute Report. Momentum Contribute underpins The Momentum Group’s business activities, and the report highlights a string of achievements that demonstrate the business’s commitment to people, places, the planet and professionalism, including: Chris Bliss, Co-founder and Director of The Momentum Group, commented: “This year, we’ve made significant strides in both social and environmental impact, from becoming a B Corp certified business, to being recognised as one of the best places to work. These achievements are not just milestones, but markers on our path to becoming an even more responsible and sustainable business. Looking ahead, we’re committed to doing more – including launching our Carbon Reduction Plan and the Momentum Group Academy next year.” Health, safety and well-being also remained a cornerstone of Momentum’s approach. Guided by its ‘Safe First’ principle, the Group reported: Chris Renshaw, Co-founder and Director of The Momentum Group, added: “Safe First is not just a motto – it’s embedded in how we operate. These results demonstrate our unwavering commitment to keeping our people and partners safe and continually raising the bar, and underscore The Momentum Group’s growth and dedication to driving positive impact across all areas of the business.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Redical revs up Victoria Leeds’ menswear offer with Belstaff city debut

Redical revs up Victoria Leeds’ menswear offer with Belstaff city debut

Redical has announced that Belstaff, the British menswear brand, is to make its city debut in Victoria Leeds, its premium lifestyle destination, this September. Belstaff will open a 2,259 sq ft space in the historic Victoria Quarter, and is an addition that extends the destination’s menswear offer alongside the likes of Barbour, Hawes & Curtis, and Ralph Lauren. Inspired by the longstanding tradition of motorcycling, the revered British heritage brand’s Leeds store will feature its tailored range of menswear, which includes high-quality outerwear, essentials, and accessories. The store will also include Belstaff’s womenswear range. Rachel Bradburn, Head of Leasing at Redical, commented: “Belstaff is a very strong addition to our menswear offer at Victoria Leeds, bringing even greater variety and diversity to our guests’ shopping experience. Belfstaff choosing Victoria Leeds for its city debut further cements our reputation as the prime retail destination in the region, and highlights our continued commitment to delivering the best-of-the-best, time and time again.” Kerry Byrne, CEO of Belstaff, added: “The signing at Victoria Leeds marks the next step in our significant expansion strategy, with the historic architecture of Victoria Quarter complementing our timeless and elegant menswear collection. Victoria Leeds stands as one of the north’s most premium retail destinations, and we are proud to add Belstaff to the leading tenant mix.” The signing is another significant milestone in Redical’s ‘transformation through accumulation’ strategy to grow Victoria Leeds’ performance since it bought the asset in 2022, with Belstaff following the luxury activewear brand, Alo Yoga, in joining Victoria Leeds.  Reaffirming the destination’s leading position in the UK, Alo Yoga’s new store will stock the brand’s highly coveted collections across women’s and men’s categories that include activewear, outerwear, accessories, and wellness. Building, Design & Construction Magazine | The Choice of Industry Professionals

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SEGRO goes double platinum for world-firsts in digital excellence

SEGRO goes double platinum for world-firsts in digital excellence

SEGRO V-Park Grand Union has become the first industrial and logistics building in the world to achieve WiredScore Platinum certification Located in Park Royal, SEGRO V-Park Grand Union is a six-storey urban logistics development that has been recognised for its outstanding digital infrastructure. Awarded following a rigorous assessment, the WiredScore Platinum rating, reflects the building’s high-speed fibre connectivity, strong mobile signal, secure telecoms spaces and future-ready features such as rooftop installation capacity and AV-enabled meeting rooms. It also incorporates sustainability-focused technology like EV charging stations and real-time energy monitoring. The building scored an impressive 91 out of 100, placing it among the best-connected industrial spaces in the UK. Hand in hand with this recognition, SEGRO has achieved Platinum Partner status within the global BCS partner network. This reflects the company’s continued investment in digital expertise and the professionalisation of its Digital function across the organisation. Fewer than 75 organisations worldwide have earned this distinction and SEGRO is the only property company to have reached this level of excellence. Rich Corbridge, Chief Information Officer, at SEGRO, said: “The WiredScore Platinum certification at SEGRO V-Park Grand Union is a powerful recognition of the investments we’re making in digital excellence, ensuring our spaces are not only future-ready but also deliver exceptional connectivity for our customers. “Alongside this, we have also become the first commercial property company to be recognised by the BCS, The Chartered Institute for IT, as a Platinum status partner. These achievements, both ‘platinum firsts’, underline our commitment to digital transformation, sustainability and supporting our colleagues with professional development opportunities that keep SEGRO at the forefront of the industry.” William Newton, CEO, WiredScore said:  “Industrial and logistics real estate is undergoing a transformation and at WiredScore, our mission is to accelerate that evolution by setting the global benchmark for digital connectivity and future-readiness. With SEGRO, we’ve found a partner that shares that vision; investing in technology and infrastructure that ensure industrial spaces can meet the demands of modern commerce and urban living. “Achieving WiredScore Platinum at SEGRO V-Park Grand Union is not just a world first for industrial real estate, but a signal of SEGRO’s leadership. The building’s integrated approach to connectivity and sustainability demonstrates what best-in-class looks like.” About SEGRO SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses, industrial property and data centres. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £21.4 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.  For over 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing, located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.  A commitment to be a force for societal and environmental good is integral to SEGRO’s purpose and strategy. Its Responsible SEGRO framework focuses on three long-term priorities where the company believes it can make the greatest impact: Championing low-carbon growth, Investing in local communities and environments and Nurturing talent.  Striving for the highest standards of innovation, sustainable business practices and enabling economic and societal prosperity underpins SEGRO’s ambition to be the best property company. See www.SEGRO.com for further information. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Canmoor’s Westway Short-listed for Prestigious National Property Award

Canmoor’s Westway Short-listed for Prestigious National Property Award

Development and asset manager, Canmoor, is delighted to announce that Westway at Glasgow Airport has been shortlisted for Best Overall Scheme (Logistics Park) at the prestigious Industrial Agents Society (IAS) Awards 2025. The recognition places Westway among the UK’s most outstanding industrial and logistics developments. The IAS Awards, regarded as one of the most respected accolades in the property sector, celebrate excellence in industrial and logistics real estate. Being shortlisted reflects the quality, vision and positive impact that Westway has delivered to both occupiers and the wider community. In particular, the shortlisting recognises Canmoor’s ambitious speculative development programme, which has delivered 300,000 sq ft of high-quality, sustainable industrial space to the Scottish market. This includes the successful completion and pre-letting of two flagship units within the park: Westway 90, now home to sustainable packaging innovator Pulpex, and Westway 200, secured by the UK Government. Designed and built with sustainability at their core, both buildings embody sustainable design, earning BREEAM “Excellent” and EPC “A” ratings. The facilities are all-electric capable and include electric vehicle charging stations, photovoltaic panels, and air source heat pumps. Key amenities include dedicated car parking, HGV parking and extensive yard space, all within Westway’s 24/7 fully secure environment. Gregor King, Scottish Director of Canmoor said: “We are delighted that Westway has been recognised on a national stage. This shortlisting in recognition of Westway 90 and Westway 200 is a testament to our commitment to delivering ‘best in class’, sustainable logistics space on a speculative basis. “Securing Pulpex and the UK Government as occupiers demonstrates both the park’s appeal and the importance of our role in supporting innovation and public sector operations.” The winners of the IAS Awards will be announced at a ceremony in London on Wednesday 24 September. Building, Design & Construction Magazine | The Choice of Industry Professionals

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“No training, no new homes”: 66% of builders say they’re not trained

“No training, no new homes”: 66% of builders say they’re not trained

Britain’s multi-billion-pound construction pipeline is under threat, as new data reveals the industry must recruit 61,000 new workers annually* – putting the Government’s five-year investment plan in jeopardy – including Labour’s pledge to build 1.5 million homes by 2030. According to CV-Library, the UK’s leading job for construction roles*, demand continues to grow, with job vacancies surging by 7.9% between January and July 2025, based on market wide data analysis. That being said, with a 14% decline in the workforce over the past five years, 15% of workers now over 60 (CITB data), growing concern as to “who will build Britain” exacerbates. To understand construction professionals’ sentiment of the industry, CV-Library conducted a survey of 625 workers that paints a stark picture of the workforce: Lee Biggins, Founder and CEO of CV-Library explains what the skills shortage could mean for Labour’s 1.5 million homes pledge: “Urgent action is needed to ensure the talent is there to build Britain. Labour’s pledge to deliver 1.5 million new homes by 2030 won’t be possible without the workforce to build it. Without confronting the growing construction talent gap head on, these ‘homes of the future’ won’t be built. The industry is under significant pressure and there needs to be urgent investment in skills if the Government is serious about delivering the UK’s major infrastructure goals. More needs to be done to retain existing workers and attract in new workers through apprenticeships and career changes. For those seeking a career change, the construction industry is one of the few sectors with big investment and a jobs boom. There are a wide range of roles in demand, with many of them being largely AI-proof, offering more job security.”  Despite the challenges, CV-Library analysed job market data which shows a strong interest and demand in construction roles in 2025, especially in regions like the West Midlands and North West, where application volumes remain high. The 10 most in-demand job vacancies across construction include: Methodology Nationwide market data used to analyse CV-Library’s status as the UK’s leading job board for construction roles. Job trends: CV-Library analysed market-wide job posting data, comparing vacancy rates from January to July 2025 compared to the previous six months. Referenced Data: Labour demand forecasts were sourced from the Construction Industry Training Board (CITB). Survey: CV-Library conducted a survey of 625 construction workers in March 2025 to gather insights on workforce sentiment. Building, Design & Construction Magazine | The Choice of Industry Professionals

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