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All Deals articles – Page 18
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NewsMelford Capital snaps up West End hotel development site for £40m
Melford Capital Partners has acquired 5-9 Great Newport Street, a mixed-use development opportunity in London’s West End, from Consolidated Development Limited for £40m.
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NewsSwiss Life Asset Managers UK buys Weybridge care home for £9.7m
The UK arm of investor Swiss Life Asset Managers has acquired Norfolk House care home in Weybridge for £9.7m, reflecting a 5.8% net initial yield.
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NewsLXi REIT sells St Albans retail park to UK pension fund for £31m
LXi REIT has sold a St Albans retail park to a UK pension fund for £31m, equating to a net initial yield of 4.7%.
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NewsApple to open new store at Battersea Power Station
Apple is to open a major new store at Battersea Power Station next to its 500,000 sq ft headquarters at the landmark redevelopment.
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NewsKOP Group snaps up Earl’s Court hotel for £35m
Singaporean investor KOP Group has purchased the Burns Hotel in London’s Earl’s Court for a guide price of £35m and plans to transform the site into a luxury boutique hotel.
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MarketsNorthern Ireland Investment Fund lends £21.3m for 307-room PBSA scheme
The Northern Ireland Investment Fund has provided a £21.3m loan to Bridges Fund Management and Rok Property for the development of a 307-bedroom purpose-built student accommodation (PBSA) scheme in central Belfast.
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OnlineOneMedical to expand UK portfolio following £30m backing from OakNorth
OakNorth Bank has provided a £30m debt facility to back the expansion of OneMedical Property’s UK medical centres portfolio.
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OnlineAvison Young team launches Watling Real Estate in Bassi Capital-backed MBO
The national restructuring solutions team from Avison Young has launched Watling Real Estate, following a management buyout (MBO) deal backed by investment group Bassi Capital.
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NewsStrike picks up the keys to Purplebricks after £1 sale approved
Purplebricks has been sold to Charles Dunstone-backed rival agency Strike for £1 after shareholders voted to approve the only remaining offer on the table.
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OnlineCBRE snaps up French workplace consultant WiP
CBRE has acquired French specialist workplace consultancy workINprogress (WiP) for an undisclosed sum.
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OnlineWatkin Jones agrees forward-funding deal on Belfast BTR scheme
Watkin Jones and Lacuna Developments have agreed a deal with Legal & General and Clanmil Housing Association to forward-fund the Loft Lines build-to-rent (BTR) scheme in the Titanic Quarter in Belfast.
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NewsDalata Hotel Group purchases Apex Hotel London Wall for £53.4m
Dalata Hotel Group has acquired the Apex Hotel London Wall for £53.4m from Apex Hotels, subject to standard contractual conditions and approvals.
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NewsIntermediate Capital Group Real Estate launches European logistics platform
The real estate division of Intermediate Capital Group (ICG) has announced the formation of Metropolitan Last Mile (Metropolitan), a pan-European distribution and industrial platform aiming to treble its assets over the next 18 months.
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NewsLecram withdraws Purplebricks takeover bid
Investment group Lecram Holdings has withdrawn its offer to buy Purplebricks, saying it had decided not to proceed because the financial condition of the estate agent is “significantly worse than expected”.
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NewsLincolnshire Co-op and Wykeland Group snap up Waterside Shopping Centre in Lincoln
Lincolnshire Co-op and developer Wykeland Group have acquired the 130,000 sq ft Waterside Shopping Centre in Lincoln from Tesco Pension Fund for an undisclosed price.
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NewsNinja Warrior UK Adventure Park signs lease for 25,000 sq ft Chelmsford unit
Ninja Warrior UK Adventure Park has signed a 15-year lease for a 25,000 sq ft unit at The Meadows Retail Park in Chelmsford.
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NewsGlade Capital snaps up Thames Water headquarters for £35m
Investment property platform Glade Capital has bought Clearwater Court, the UK headquarters for Thames Water, for circa £35m.
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NewsChanel to double size of London HQ in Mayfair office move
Luxury fashion giant Chanel has agreed a new 20-year lease in Mayfair which will see it double the size of its global headquarters.
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NewsDebut tenant secured for HB Reavis’s Shoreditch office scheme
HB Reavis has unveiled Frontier Economics as the debut occupier of its Worship Square office development in Shoreditch, with the company moving their headquarters to the building in early 2024.
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NewsAlbert’s Schloss signs Trocadero deal for first London restaurant
The 18,000 sq ft former Rainforest Café Trocadero on London’s Shaftesbury Avenue is to become an alpine cook haus and Bavarian bier palace after Criterion Capital signed Albert’s Schloss on a 25-year lease for its first London restaurant.
