All Deals articles – Page 21
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Landsec adds 100,000 sq ft to Myo flex office portfolio
Landsec is accelerating the expansion of its flexible office brand Myo, with two new London sites spanning 100,000 sq ft to open over the next two years.
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London’s Design District launches flagship building for creative firms
A flagship office building has been launched at London’s Design District, a purpose-built hub at Greenwich Peninsula for creative industry firms.
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The Conran Shop opens new London flagship store in Sloane Square
The Conran Shop has opened a new flagship store in London’s Sloane Square.
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Bricks Group and Tristan Capital JV make £68m PBSA purchase
Bricks Group and Tristan Capital Partners have acquired a fifth asset for their joint venture CP5 fund, a 457-bed purpose-built student accommodation (PBSA) block in Salford, Greater Manchester, for £68m.
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British Land and Norges put £750m price on Meadowhall, despite denying sale plan
British Land and Norway’s sovereign wealth fund Norges are understood to have appointed CBRE to investigate the £750m sale of its Meadowhall shopping centre in Sheffield.
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Raven Rose and Stonebrook London merge to form new agency
Matter.London, a specialist agency focusing on retail and leisure acquisitions, has launched following the merger of Raven Rose and Stonebrook London.
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Former South Wales HQ leads October auction
A landmark former headquarters building converted into a mixed-use development in the former Welsh mining town of Porth will lead Paul Fosh’s next auction on 3 October.
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Watling racks up £130m of deals in first quarter since launch
Watling Real Estate, launched at the start of June in a management buyout of the real estate restructuring division of Avison Young, achieved £130m of deals in its traditional core markets and alternative sectors during its first ever quarter.
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Pontegadea Real Estate delivers the Post Office to City scheme
The Post Office has agreed to take space at Pontegadea Real Estate’s 100 Wood Street office scheme in the City of London.
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Canvas Offices secures new location above Holborn Tube Station
Canvas Offices has unveiled plans for a 35,000 sq ft office location above Holborn Tube Station after securing a long-term lease for the property with Israeli real estate giant Hagag-Gaya Holdings.
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Arrow hits letting target with Barnsley warehouse scheme
Real estate manager, investor and developer Arrow Capital Partners has leased Arrow 186, a 186,000 sq ft warehouse in Barnsley, South Yorkshire, to Gem Imports.
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Unite Students to buy £95m 800-bed PBSA scheme in Glasgow
Unite Students has entered into an option agreement to buy a new 800-bed scheme in central Glasgow with a total development cost of £95m.
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IWG takes over 55,000 sq ft lease in Hammersmith from WeWork
IWG has agreed to take over 55,000 sq ft of workspace in Hammersmith, west London from its ailing competitor WeWork.
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Poundland owner agrees deal to acquire 71 Wilko stores
Poundland owner Pepco has agreed a deal to purchase 71 Wilko stores with the beleaguered budget retailer’s administrators.
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TRG sells Frankie & Benny’s and Chiquito to rival
The Restaurant Group (TRG) has agreed to sell its loss-making Frankie & Benny’s and Chiquito brands to rival operator the Big Table Group for a nominal £1, in a deal that will see it pay £7.5m to the buyer.
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LondonMetric sells almost £17m of assets
LondonMetric Property has sold four long-income and retail assets for £16.9m, in line with book value.
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Ediston sells property portfolio to US’s Realty Income for £200m
US real estate group Realty Income has agreed to buy London-listed property investment firm Ediston Property Investment Company’s (EPIC) entire property portfolio in a deal worth £201m.
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Dominus seeks funding partner for £200m Manchester PBSA scheme
Developer Dominus has appointed Savills and Gerald Eve to seek a forward-funding partner for a purpose-built student accommodation (PBSA) scheme in Manchester with a gross development value in excess of £200m.
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WeWork announces plan to renegotiate ‘nearly all’ leases
WeWork has said it will renegotiate “nearly all” of its leases around the globe and plans to exit “unfit and underperforming locations” in a bid to make itself sustainable.
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Future Generation’s 2,000-bed PBSA portfolio bought to market
Future Generation, the purpose-built student accommodation (PBSA) joint venture between Southern Grove and Tadhammon Capital, has put its entire five-property portfolio on the market.