Property Deals NewsProperty deals news - all the latest news about commercial property deals. Only deals which have been done will be reported in this section - allowing users to track trends like yields
WELPUT has exchanged contracts to sell 3 St James’s Square to a consortium of investors in Joint Treasure International for £135m.
Praxis has let 33,000 sq ft at its Hive Campus within the Arlington Business Park to Nokia in the biggest letting deal in the Reading office market in 2017.
Axiare Patrimonio has acquired the Calle Puerto de Somport 8 office in Spain for €41.5m (£35.6m).
Fosun Group and Resolution Property have completed the purchase of a 326.146 sq ft office scheme in Frankfurt, Germany.
Care provider HC-One has completed the acquisition of Helen McArdle, the largest independent care home operator in the North East of England.
CBRE Global Investors has acquired Tesco’s Letnany Shopping Centre in Prague on behalf of an international client.
Merlin Properties has acquired Torre Gloriés in Barcelona from previous owner Agbar for €142m (£138m).
Restaurant group D&D London has signed a deal to open a new Bluebird Café at the former BBC headquarters in White City, west London.
Capital & Regional has bought a retail parade in Hemel Hempstead from M&G Real Estate for £10.5m.
Westbrook Partners is on the cusp of a £130m deal to buy a portfolio of eight London offices from Workspace and BlackRock.
Latest Property Week Features
Emanuela Barbiroglio’s recent article reported that landlords are still complacent about the impact of the MEES legislation, which comes into force this time next year, and that many are unaware that the legislation restricts a landlord’s ability to let or renew leases where F or G EPCs exist.
The rise of online retail led many experts to predict the demise of bricks-and-mortar stores. But while the growth of online has clearly had a significant impact on traditional retailers, the more wily have capitalised by resizing their store estates and jumping on the online bandwagon themselves.
Latest Property Opinion
One can argue endlessly about the pros and cons of Brexit and how much Theresa May can use the forthcoming general election to strengthen her hand for negotiating with the EU, but one thing is for sure: going it alone is certain to create opportunities in the UK for businesses and building owners that are quick to adapt.
The 25th of April marked a year since BHS collapsed into administration, an event that led to the loss of 11,000 jobs and an extraordinary parliamentary investigation that dragged in high-profile figures from retail, property and banking.