All Deals articles – Page 20
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Landsec acquires remaining 50% of St David’s shopping mall in Cardiff
Landsec has secured 100% ownership of St David’s shopping centre in Cardiff, following its purchase of the debt secured against the 50% share of the asset previously owned by intu.
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Aviva Investors snaps up retail park and Asda superstore in southern England
Aviva Investors has snapped up two retail assets in the south of England, acquiring a retail park and Asda superstore in separate transactions.
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Wilton Development acquires Stockton site for major industrial scheme
Wilton Developments is set to deliver a major 600,000 sq ft industrial scheme in Stockton-On-Tees after snapping up the 33-acre Dynamo Park.
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Gamuda acquires Deutsche Bank’s London HQ Winchester House for £257m
Malaysian construction firm Gamuda Berhad has bought Winchester House, the current London headquarters of Deutsche Bank, for £257m, with plans to refurbish the office block and add an additional 200,000 sq ft.
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Top Vatican official says failed London property deal was ‘absolute deception’ in trial
A Vatican official has compared the events leading up to the deal for a prime London office block with Jesus’ march towards crucifixion after testifying in the Vatican’s ongoing ‘trial of the century’.
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Aprirose spends £10.6m on Whetstone Travelodge and Halfords site
Real estate investor Aprirose has acquired for £10.63m the freehold of an asset in Whetstone, north London, let to Travelodge with 18 years remaining on the lease, from Aviva Investors.
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Sovereign Centros bags Next for Glasgow shopping centre
Fashion and home retailer Next has agreed a 10-year lease with Sovereign Centros, asset manager of St Enoch shopping centre in Glasgow, for a new 28,000 sq ft store in the former Topshop unit at the shopping centre.
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Crest Nicholson snaps up university campus for 500-home development
Crest Nicholson has acquired Wheatley Campus, a 53-acre site set to be converted into a 500-home residential development, from Oxford Brookes University.
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Oxygen buys Jump Evolution as it seeks more indoor activity sites
Indoor activity centre owner Oxygen has acquired trampoline park operator Jump Evolution’s 27,500 sq ft Romford site for an undisclosed amount, bringing its number of leisure sites to 10.
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Clarion re-enters UK warehouse market with £52m double acquisition
Fund manager Clarion Partners Europe returned to the UK warehouse market with the acquisition of two distribution warehouses in Peterborough for £52m from Equites Property Fund.
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LondonMetric sells three Midlands industrial estates for £46m
LondonMetric has sold a portfolio of three multi-let industrial estates in the Midlands for £46m.
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Standard Chartered commits to global HQ in City of London
Standard Chartered has signed a new reversionary lease at its global headquarters in London, committing to its long-term future at the City of London.
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British Land goes on retail park buying spree
British Land has completed on the acquisition of three retail parks for a total of £94m and sold its 50% stake in a retail park in Preston for £30m.
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Lloyds Bank signs major letting for new Leeds HQ
Lloyds Banking Group will move to MEPC’s office building 11 and 12 Wellington Place in Leeds after signing for 124,000 sq ft, in one of the city’s largest lettings in recent years.
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Home Office signs for 38,000 sq ft in Stoke-on-Trent
Investor Genr8 Developments and Stoke-on-Trent City Council have let 38,000 sq ft of space their jointly-owned Smithfield mixed-use scheme in Stoke-on-Trent city centre to the Home Office.
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Capital & Regional sells The Mall, Luton for £58m
REIT Capital & Regional, which owns retail and leisure properties and specialises in community shopping centres, has sold The Mall, Luton to SDI (Luton) and SDI (Luton 2) for £58m.
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Blantyre and Fairtree check in to Crerar Hotel Group
Investors Blantyre Capital and Fairtree Hotel Investments have bought Scotland’s Crerar Hotel Group for a deal “in the region of tens of millions of pounds” from a group of shareholders.
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Bruntwood SciTec and Aston University to develop JV
Bruntwood SciTech, a joint venture (JV) between Bruntwood and Legal & General, has signed an agreement with Aston University to create strategic developments.
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Leftfield agrees £15.2m Banbury shed deal with motorsport’s Prodrive
Property investor Leftfield Advisors has acquired a 128,046 sq ft logistics unit in Banbury for £15.2m from motor racing engineering company Prodrive Motorsport.
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Logicor lets Swindon Keypoints 224 to Panther Logistics
Panther Logistics has signed a 10-year lease with Logicor at Keypoint 224 in Swindon.