All Deals articles – Page 18
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News
Cynergy Bank takes 23,000 sq ft at Landsec’s One New Change
Real estate giant Landsec is leasing 23,000 sq ft at One New Change, its mixed-use building in the City of London, to Cynergy Bank, the former UK arm of Bank of Cyprus.
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ADIA and Greystar buy Grosvenor’s Bermondsey site to build 1,500 homes
The Abu Dhabi Investment Authority and US firm Greystar Real Estate Partners are acquiring land in Bermondsey, south London, from real estate company Grosvenor to build 1,548 build-to-rent homes.
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Rees-Mogg plans giant London office sell-off
Minister proposes selling £1.5bn of ‘half-empty’ civil service offices in the capital.
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Owners of Bon Accord centre call in administrators
The owners of Aberdeen’s Bon Accord Shopping Centre have entered administration following unsustainable cashflow problems.
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Asda pays £600m for Co-op petrol stations
Deal for 129 sites and convenience stores will boost Asda On The Move format.
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Picton acquires mixed-use property in Cheltenham
Picton has completed the freehold acquisition of a mixed-use development in Cheltenham High Street for £5.3m.
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Chancerygate and Northwood JV spends £50m on Essex logistics site
A joint venture (JV) between developer Chancerygate and private equity firm Northwood Investors has acquired the Titan Industrial Estate in Grays, Essex, for £50m to build a 430,000 sq ft urban logistics development.
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Cain signs two independent brands at Islington Square
Cain International has agreed two new leases with independent retailers at its mixed-use Islington Square development.
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Levy Real Estate named retail agent for City’s Leadenhall Market
The City of London Corporation has appointed Levy Real Estate as sole retail agent for the Leadenhall Market in the Square Mile.
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Acquisition of Castlepoint Shopping Park completes
Real estate investment and advisory company Delancey, together with Columbia Threadneedle Investments, has acquired abrdn’s 50% stake in Castlepoint Shopping Park, Bournemouth on behalf of client funds.
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Savills IM buys Pitmore for BTR roll-out
Real estate investor Savills Investment Management (Savills IM) has acquired build-to-rent (BTR) specialist Pitmore for an undisclosed amount alongside the launch of its UK residential and BTR offer.
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Whitbread takes prime site on London’s Strand for £200m hub by Premier Inn hotel
Whitbread has acquired 5 Strand, a prime freehold property on the Strand in central London near Trafalgar Square.
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Danehurst sells 166-bed Surrey PBSA scheme
Danehurst Developments has sold its 166-bed, purpose-built student accommodation (PBSA) development in Egham, Surrey, for more than £34m.
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Fiera Real Estate and Wrenbridge acquire Hemel Hempstead site
Fiera Real Estate and Wrenbridge have announced the acquisition of a 2.3-acre site in Hemel Hempstead, with a plan to develop a new 52,000 sq ft grade-A industrial warehouse unit.
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MetroCentre buys Gateshead former brewery for leisure development
The owner of the UK’s biggest shopping centre has acquired 13 acres of neighbouring land in Gateshead once used by a brewery to produce Newcastle Brown Ale, to develop leisure activities.
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Impact buys two Kent care homes for £14m
Care home group Impact Healthcare REIT has acquired two care homes in Kent for £14m that will be occupied by new tenant Belmont Healthcare.
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Circle sells £25m of assets
Circle Property has sold assets in Milton Keynes, Birmingham, and Staines for £25.23m.
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ASK Partners passes £1bn lending milestone
Real estate funding specialist ASK Partners’ completed loans passed the £1bn mark following a recent £44.5m co-loan with OakNorth Bank secured against Richmond’s former House of Fraser store.
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Hargreaves Group acquires £7m Kent office with eye on repositioning
South East commercial and residential property specialist Hargreaves Group has snapped up Wellington Gate, a 27,365 sq ft grade-A office scheme in Royal Tunbridge Wells, for £7m.
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Software firm takes 30,000 sq ft at Dublin office park
Software and analytics firm Cubic Telecom has taken out a long-term lease for nearly 30,000 sq ft of Dublin office space at The Hive Sandyford.