All articles by Chris Druce – Page 9
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OnlineM7 Real Estate completes on £13m London sale
M7 Real Estate has completed the sale of Becketts House and Caxton Place in Ilford, London, for in excess of £13m.
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NewsMike Ashley reported to be planning closure of almost all House of Fraser stores
Mike Ashley’s Sports Direct is believed to be preparing to shut down almost every House of Fraser store at the end of the Christmas trading period.
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NewsSouth Korean investors hit $11.5bn record in 2019 to-date
South Korean real estate investors have hit a record total of $11.5bn (£9.3bn) in global cross-border deals to-date in 2019.
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NewsCrookshank Properties buys Denton office park for £6m
Crookshank Properties has acquired a 36,850 sq ft office park in Denton, Greater Manchester, for £6m from Amerdale Investments.
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NewsREDD buys Balfour Place for £15m and signals more mixed-use development buys to come
Monaco-based REDD has bought Mayfair’s Balfour Place in central London for £15m.
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OnlineLidl, Hobbycraft and Deichmann fill 33,500 sq ft of space at Newbury Retail Park
BMO Commercial Property Trust has completed three new lettings comprising 33,500 sq ft to Lidl, Hobbycraft and Deichmann at Newbury Retail Park in Berkshire.
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OnlineColliers International recruits Tom Wildash as co-head of West End office leasing
Colliers International has recruited Tom Wildash (pictured), previously with Cushman Wakefield, as a director and co-head of West End office leasing at the firm.
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NewsColony Capital sets out plans to focus on digital investments
Company’s chief executive announces shift in strategy following NorthStar merger and fall in share price
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NewsWandsworth Borough Council snaps up two-acre industrial estate at 2.3% yield
Wandsworth Borough Council has purchased an industrial estate in the borough for £28m, reflecting a net initial yield of just 2.3%
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NewsChancerygate and Bridges Fund Management sell 20 acres in Beeston to Barratt Homes
Chancerygate and Bridges Fund Management have sold 20 acres of development land at Beeston Business Park, Nottingham, to Barratt Homes.
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NewsThe Delivery Group takes space at Warrington Omega
Mountpark Logistics has let a 137,865 sq ft logistics centre at Warrington Omega distribution park to The Delivery Group for a mail hub.
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NewsCanning Town scheme secures resolution to grant planning permission
The English Cities Fund has secured a resolution to grant planning permission for a scheme in Canning Town by the London Borough of Newham’s strategic development committee.
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NewsCording Real Estate Group sells two industrial sites for a total of £20m
Group Cording Real Estate Group has sold two industrial estates in Wigan and Wolverhampton for a combined total of £20m on behalf of a segregated account.
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NewsBlackstone to pay $5.9bn for Colony Capital’s US logistics assets
Blackstone Real Estate Partners IX, an subsidiary of Blackstone, has entered into definitive agreements to acquire Colony Industrial, the industrial real estate assets and industrial operating platform of Colony Capital, for $5.9bn (£4.8bn).
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OnlineBenson Elliot and Schroders acquire €240m Disneyland Paris hotel portfolio
A joint-venture led by UK-based private equity real estate fund manager Benson Elliot Real Estate Partners V and Schroder Real Estate Hotels (SREH) has acquired three hotels totalling 1,183 rooms in Disneyland, Paris.
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OnlinePhase two of SEGRO Park Rainham development underway
SEGRO has commenced the second phase of its speculative development Park Rainham in East London, which will deliver 108,000 sq ft across five industrial units.
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OnlineHammerson disposes of Abbotsinch Retail Park, Paisley for £67m
Hammerson has exchanged contracts for the sale of Abbotsinch Retail Park in Paisley to Ashby Capital for £67m.
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NewsDemand for industrial space continued to outpace supply in the first half of 2019
Demand for industrial space has continued to outstrip supply in west London and the Thames Valley, driving headline rents up by an average of 6% year-on-year during the first half of 2019.
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NewsPolka Dot Travel and Just Go Travel amongst suitors for Thomas Cook’s stores
Independent firm Polka Dot Travel is one of several suitors looking to acquire the leasehold interests for multiple Thomas Cook stores, Property Week can reveal.
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NewsGatwick Airport takes pre-let at St. Modwen Park Gatwick
Gatwick Airport has signed up to take 100,000 sq ft of space at St. Modwen Park Gatwick.
