All Deals articles – Page 14
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NewsBarclays agrees to stay at Canary Wharf HQ until 2039
Barclays has agreed to extend its lease at One Churchill Place by five years in a vote of confidence in Canary Wharf’s struggling office market.
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NewsWest London Pasadena Distribution Centre let to Panalux
Royal London Asset Management Property has let Pasadena Distribution Centre in Hayes, west London, to film and television lighting equipment specialist Panalux.
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NewsWaverley Castle Hotel in Scotland snapped up by Leisureplex Hotel Group
Waverley Castle Hotel in Melrose, Scotland, has been sold to Leisureplex Hotel Group in an undisclosed deal.
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OnlineHome REIT sells 80 assets at a loss as recovery plan continues
Home REIT has exchanged on the sale of 80 properties for £16.2m as it continues its recovery plan.
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NewsLloyd’s of London to stay at iconic City HQ until 2035
Lloyd’s of London has struck a deal to stay in its famous City headquarters at One Lime Street until at least 2035 after reaching an agreement with Chinese investor Ping An.
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NewsAcuitus reports a total of £175m in auction sales in 2023
The final Acuitus commercial property auction of 2023 raised £10m and brought the total volume of assets that the auction house sold during the year to £175m, with an average lot size of £717,000.
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NewsMencap sells long-time London HQ and buys replacement
UK charity Mencap has sold its long-term London headquarters for an undisclosed sum and is preparing to move to a new site for the first time in 50 years.
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NewsGovernment investment zones outperform commercial real estate market
Liverpool and South Yorkshire, both government investment zones, have outperformed the commercial real estate market in the second half of 2023.
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NewsAlternative Income REIT acquires Virgin Active leisure club in London
Alternative Income REIT, which owns a diversified portfolio of UK commercial property assets predominantly let on long leases with index-linked rent reviews, has acquired a Virgin Active leisure club for £5.1m.
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NewsAM alpha acquires 220-unit BTR Westminster Works scheme in Birmingham
Munich-based real estate investment firm AM alpha has acquired the 220-unit build-to-rent (BTR) development Westminster Works in Birmingham for an undisclosed amount.
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NewsLondonMetric and LXi REIT in merger talks to create £3.9bn company
LondonMetric Property and LXi REIT have confirmed they are in discussions over a possible all-share merger of the two companies to create a firm valued at £3.9bn.
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NewsCrossbay snaps up four UK I&L assets in £80m move
Crossbay, the pan-European last-mile logistics platform incubated by real estate investor MARK, has added over 500,000 sq ft to its UK portfolio with the acquisition of four assets for a combined total of over £80m.
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OnlineInvestment firm Millennium pre-lets 176,000 sq ft Mayfair office scheme
Berkeley Estate Asset Management (BEAM) has pre-let the whole of its 176,000 sq ft office scheme in Mayfair to global investment firm Millennium for its European HQ.
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OnlineBNP Paribas REIM acquires 25 Victoria Street offices for £42.5m
BNP Paribas Real Estate Investment Management (REIM) has acquired 25 Victoria Street, a grade-A building in central London, for £42.5m, marking the first UK acquisition of its European Impact Property Fund (EIPF).
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OnlineArdent signs D&D London co-founder for flagship F&B space at the Royal Exchange
The Ardent Companies UK has signed Des Gunewardena, co-founder and former chief executive of D&D London, to open a 6,500 sq ft restaurant, bar and event space at the Royal Exchange in London.
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NewsParthena Reys buys Manchester’s largest office building from NatWest
Parthena Reys has purchased Manchester’s largest office building, One Hardman Boulevard, from NatWest Group for an undisclosed figure.
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NewsHammerson welcomes 115,000 sq ft of retail openings at Bullring & Grand Central
Hammerson has announced 115,000 sq ft of new retail openings at Bullring & Grand Central in Birmingham after a flurry of new openings late in the year.
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NewsAviva Investors fully lets York Street offices in Manchester
Aviva Investors has fully let its 11 York Street office scheme in Manchester after agreeing a deal with Ecclesiastical Insurance for the remaining space.
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NewsSavills reports record year for auction sales
Savills’ auction department has reported a record year in 2023, with the hammer coming down on over £570m worth of property over the year, the highest amount in the team’s history.
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NewsFiera Real Estate and Wrenbridge to develop £25m logistics scheme after site acquisition
Fiera Real Estate and Wrenbridge have acquired a 2.6-acre site in Waltham Cross, Hertfordshire, to speculatively develop a mid-box urban logistics unit with a GDV of circa £25m.
