All Deals articles – Page 23
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Assets sell for over double guide prices at £7.6m Strettons’ September auction
A three-storey freehold commercial site in Ilford, east London, went for nearly three times its guide price at Strettons’ September property auction, which saw a total of £7.6m raised.
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NHS trust offers hospital development opportunity for £35m
West London NHS Trust has hoisted the ‘for-sale’ sign over the old Broadmoor Hospital, which has potential for redevelopment as a ‘working village’ under the area’s local plan.
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Wetherspoons places another round of pubs up for sale
JD Wetherspoon has placed another 11 pubs up for sale, appointing CBRE and Savills as joint agents.
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Dalata makes first hotel acquisition in the Netherlands
Dalata Hotel Group has struck its first deal in the Netherlands and second in mainland Europe with the acquisition of a hotel in Amsterdam.
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St Modwen Logistics acquires 267,000 sq ft Wolverhampton shed
St Modwen Logistics has acquired a 267,000 sq ft logistics centre in Bilston, Wolverhampton, in a deal with an undisclosed price and vendor.
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Birmingham City Council considers asset sell-off
Bankrupt Birmingham City Council could be forced to sell off swathes of its land and property from a £2.4bn portfolio in a bid to pay of its debts.
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Glenbrook Investments snaps up South Yorkshire industrial properties in £4m deal
Glenbrook Investments has acquired two industrial properties from manufacturer Metalliform in a £4m sale-and-leaseback deal.
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Waterstones owner poised for The Body Shop takeover
Waterstones owner Elliott Advisers is reportedly working towards a takeover of The Body Shop.
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UBS scraps Grant Thornton sublease as it moves Credit Suisse staff out of Canary Wharf
UBS has cancelled its deal with Grant Thornton to sublease nearly 105,000 sq ft to the accountancy firm as the Swiss investment bank starts moving Credit Suisse staff from Canary Wharf to its City of London HQ.
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Middle Eastern investor snaps up King’s Cross office building for £20m
A private Middle Eastern investor has snapped up The Stables, an office building in King’s Cross, in a £20m off-market transaction, representing a net initial yield of 6%.
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Coventry Building Society sells former HQ to OBC
Coventry Building Society has sold its former headquarters in the heart of Coventry to Oxford Business College (OBC).
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Law firm Proskauer chooses City tower 8 Bishopsgate for HQ
Stanhope and Mitsubishi Estate London have signed law firm Proskauer and engineering software company Bentley Systems for a total of 70,000 sq ft at 8 Bishopsgate, taking the office tower to 75% let or under offer.
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Inspired Villages to develop 177-home Buckinghamshire later living scheme
Later living developer and operator Inspired Villages has exchanged contracts for a site at Farnham Royal, Buckinghamshire, where it plans to create 177 homes.
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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.