Praxis has bought a shopping centre near Newcastle for £30m in a deal that signals its intention to “invest aggressively in community shopping centres”.
Global brokerage and financial technology company BGC Partners has signed a lease to occupy around 130,000 sq ft at 5 Churchill Place, in Canary Wharf.
The Bank of London and the Middle East has acquired the Department for Work and Pensions let 1 Atlantic Quay in Glasgow for £55m.
IWG’s flexible workspace brand Spaces has taken 42,000 sq ft at The Foundry, a 114,500 sq ft office which forms part of AXA IM – Real Assets’ new three acre Hammersmith estate Assembly London.
Agents have been appointed to sell the Bierkeller venues following the administration of Burning Night Group.
The Ministry of Housing, Communities and Local Government has launched a consultation on leasehold reform with proposals to cap ground rents at £10.