All Deals articles – Page 25
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LondonMetric boosts value of portfolio with CTPT acquisition
LondonMetric has completed the acquisition of CT Property Trust (CTPT), increasing its portfolio value to £3.2bn and generating £160m of rental income per year from a diversified occupier base.
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TSP expands flex platform with Clerkenwell office buy
TSP has acquired London’s 79 Clerkenwell Road from La Salle IM for £5.75m, continuing the expansion of the firm’s flexible platform in the capital.
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Australian developer Third.i plots UK expansion with London office launch
Australian developer Third.i has opened its first international head office in London with plans to “tap into local demand” and expand its presence in the UK market.
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W.RE pre-lets Typewriter building to flexible office operator
W.RE has pre-let all of its Typewriter office building in Borough to flexible workspace operator Work.Life.
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Home REIT offloads properties at 60% loss as another tenant goes bust
Home REIT has sold off 40 properties for £4.8m at public auction, taking an average 60% loss.
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Micheldever Group signs 15-year lease at Connect-70 in North Lanarkshire
Tyre wholesaler Micheldever Group has signed an undisclosed deal on a 15-year lease at Connect-70 in Bellshill, North Lanarkshire, Scotland.
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Harworth Group sells Melton Commercial Park hitting £70m in seven industrial sales this year
Regeneration specialist Harworth Group has sold seven multi-let industrial estates across the North West, Yorkshire and East Midlands for a total of about £70m.
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Multiverse moves London HQ to WeWork 2 Eastbourne Terrace
Education tech unicorn Multiverse has moved its London headquarters to WeWork 2 Eastbourne Terrace in Paddington.
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LGIM backs Unite with landmark £400m loan facility
LGIM’s dedicated UK and European real estate debt division has provided a £400m facility to Unite secured against a portfolio of 23 purpose-built student accommodation (PBSA) assets across the UK.
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Online
Gagné says Value Retail stake not a ‘long-term hold’ for Hammerson as group eyes sale
Hammerson has given its strongest signal yet that it is preparing to sell its stake in Value Retail, Property Week can reveal.
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Cain and Starwood agree £535m loan for Wood Wharf development
Investment firms Cain International and Starwood Capital Group have agreed to provide a £535m loan to the Canary Wharf Group to support the development of its Wood Wharf residential scheme in London.
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Vietnamese investor snaps up £200m Lion Plaza in biggest City deal of the year
A private Vietnamese-based investor has completed the largest City of London office investment of the year on its UK debut, acquiring Lion Plaza on Old Broad Street for “in excess of £200m”.
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Feldberg acquires Brunswick Property Partners
German Independent real estate investment manager Feldberg Capital has acquired Brunswick Property Partners in the UK for an undisclosed amount.
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Online
Silbury Finance provides £67m loan for 341-home development in Bedford
Silbury Finance has provided a £67m senior loan to MCR Property Group to fund the development of mixed-tenure homes in Bedford.
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UDS Group moves into new 80,000 sq ft hub at Galgorm Industrial Estate
Northern Irish logistics firm UDS Group has moved in to a new 80,000 sq ft hub at Galgorm Industrial Estate, Ballymena, as part of a £350,000 investment.
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Greater Manchester Pension Fund sells two London retail assets for £21.9m
Greater Manchester Pension Fund has sold two retail properties in West London for a combined value of £21.9m
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P3 Logistic Parks begins expansion into UK with acquisition of two SEGRO sheds
European logistics developer and manager P3 Logistic Parks is expanding into the UK with the acquisition of two logistics assets for an undisclosed fee from SEGRO.
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Orega set to open its first flexible workspace in Newcastle
Flexible workspace provider Orega is set to open a new location at St James Gate in Newcastle following an agreement with Palace Capital.
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Lego Group to open second Irish store this autumn
The Lego Group is to open its second store in Ireland with the launch of a new location at Blanchardstown Shopping Centre in Dublin later this year.
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Dominus pays £27.5m for Square Mile ‘trophy’ office block
Dominus Real Estate has snapped up the RBS office building 5-10 Great Tower Street in the Square Mile from NatWest for £27.5m with an eye on converting it for alternative use.