All Deals articles – Page 3
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NewsHSBC looking to halve size of Canary Wharf HQ
HSBC is looking for a new global headquarters in London around half the size of its current London office at Canary Wharf.
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Aussie firm Recharge Industries buys gigafactory company Britishvolt
Australian firm Recharge Industries has completed its purchase of Britishvolt, the financially troubled car battery start-up behind plans for a £3.8bn UK ‘gigafactory’.
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Elanders signs for £4.6m Newcastle unit
Global supply chain, printing and packaging specialist Elanders has signed a 10-year lease for a speculatively built £4.6m industrial unit at Tyne Tunnel Trading Estate, near Newcastle upon Tyne.
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Getinge announces St Modwen Park Derby as new UK HQ
Swedish medical technology manufacturer Getinge has announced plans to establish a new UK headquarters at St Modwen Park Derby, alongside a Global Centre of Excellence of Chemistry.
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Candour buys 200,000 sq ft Manchester tower development
Property developer and asset manager Candour has acquired a Manchester City centre mixed-use tower development from Aegon Property Income Fund for an undisclosed amount.
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Virgin Media O2 sets up HQ at British Land’s Paddington Central
British Land has signed an agreement with Virgin Media O2 to lease 83,000 sq ft of space for the telecom giant’s new headquarters at its Paddington Central campus, next to Paddington Station in central London.
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M&G’s European Living Property Fund acquires €99.5m Dublin PRS scheme
M&G’s newly launched European Living Property Fund has made its second acquisition with the purchase of an asset in Eglinton Place, Dublin, for €99.5m (£87.6m).
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FMX Urban Property Advisers launches after retail and leisure specialists merger
FMX Urban Property Advisers (FMX) has officially launched following completion of the merger between retail and leisure specialists MMX Retail and Fawcett Mead.
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Canvas to convert Oxford Street retail unit into five-storey flexible workspace
Canvas Offices has unveiled plans to create a five-storey flexible office space on Oxford Street after signing a 25-year lease for a building currently used for retail and storage, Property Week can reveal.
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Fora to launch flexible workspace at London’s Bankside
Flexible office provider Fora is to launch a 43,300 sq ft workspace at London’s Bankside after entering into a management agreement with Oxford Properties.
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London Sport and Art-Invest announce partnership for Canada Water Dockside
Art-Invest Real Estate and London Sport have announced a partnership that will see the sports charity deliver a sports provision at Canada Water Dockside, Art-Invest’s 4.5-acre office-led scheme.
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Capco and Shaftesbury merger cleared by CMA
The Competition and Markets Authority (CMA) has “unconditionally cleared” the all-share merger between Capital & Counties (Capco) and Shaftesbury following the phase one review of the proposed deal.
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Film studio takes centre stage at UKCM’s Ventura Park
Commercial property REIT UKCM has secured 116,200 sq ft of lettings across two units at the 35-acre Ventura Park industrial estate in Radlett, Hertfordshire.
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SAV sells Northern & Shell building with planning for £85m BTR scheme
Investor and developer SAV Group has sold the 79,302 sq ft Northern & Shell Tower in Canary Wharf to developer Selsdon Way Development for conversion into an £85m GDV (gross development value) build-to-rent (BTR) scheme.
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Fattal checks in to Brighton’s Grand Hotel
Fattal Hotel Group, owner of Leonardo Hotels UK & Ireland, has acquired Brighton’s Grand Hotel from the Weston family that controls Associated British Foods, for around £60m.
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City of London investment volumes leap 55% after best January in seven years
Commercial property investment in the City of London increased 55% from the final quarter of 2022 to £572.2m in January – the best January turnover since 2016, according to Savills.
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Fine Grain buys 220,000 sq ft site at Dublin’s Citywest campus
Irish real estate investor Fine Grain Property has acquired the 219,281 sq ft Waterside development at Citywest Business Campus outside Dublin from IPUT Real Estate and Davy Waterside Investment Fund ICAV for an undisclosed amount.
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ADC Therapeutics doubles space at Imperial College’s I-HUB
Oncology-focused biotech firm ADC Therapeutics has doubled its footprint at Imperial College London’s I-HUB campus in White City to 24,000 sq ft.
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Office leasing up 4% in ‘big six’ regions, says Cushman & Wakefield
Office lettings rose 4% year on year across the ’big six’ regional markets in 2022, according to Cushman & Wakefield, with 1.29m sq ft let across Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester in Q4 - 17% above the 10-year average.
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TfL partners with Helical to deliver new office spaces
Transport for London’s (TfL’s) property company, TTL Properties, has selected Helical as its investment partner for commercial office developments across central London.
