All Deals articles – Page 30
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News
Vistry Partnerships expands with purchase of three Homes England sites
Vistry Partnerships has purchased three sites from Homes England for an undisclosed fee.
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Graham + Sibbald eyes south England expansion through Keningtons buy
Property agency and consultancy, Graham + Sibbald (G+S), has acquired chartered surveying firm Keningtons.
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Manchester opens £2.4m LGBT+ centre as Pride month kicks off
LGBTQ+ charity The Proud Trust has opened a revamped Manchester hub on the first day of Pride month.
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News
Frasers Group buys Missguided for £20m after collapse
Sports Direct owner Frasers Group has bought Missguided for £20m in cash after the online fashion retailer went into administration earlier this week.
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News
Nothing Technologies takes King’s Cross space
London tech company Nothing Technologies has taken office space in King’s Cross at a negotiated rate for its new headquarters, Property Week can reveal.
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Kennedy Wilson snaps up logistics portfolio for £227m
US real estate investor Kennedy Wilson has acquired a portfolio of 20 UK urban logistics assets totalling 1.3m sq ft, via an off-market transaction with UK logistics specialist Leftfield for $287m (£227m).
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News
Livingstone retail park hits market for £19m
Almondvale West Retail Park in Livingstone, Scotland has been launched to the market for a guide price £19.1m, reflecting a net initial yield of 7.75%.
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Hillview sells Birmingham office campus for £13m
Regional office investor Hillview Real Estate has sold an office campus on the edge of Birmingham to Clowes Developments for £13.1m, reflecting a net initial yield of 7.5%.
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CMA to investigate Morrison’s £190m takeover of McColl’s
The Competition and Markets Authority is investigating Morrison Supermarkets’ acquisition of assets from McColl’s Retail Group out of administration.
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News
Valor acquires Park Royal urban logistics asset for £40m
Valor Real Estate Partners has paid £40m for a prime urban logistics asset in Park Royal, West London.
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Online
Schroder REIT buys office and retail asset in Manchester
Schroder Real Estate Investment Trust (SREIT) has paid £14.7m for an office and retail building in Manchester.
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News
Derwent lets top two floors of City office asset at prime rent
Derwent London has let the top two floors of its Featherstone Building in EC1 to media company Dept Agency at £90 a sq ft, Property Week can reveal.
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News
Draycott sells Cardiff PBSA asset for £19.4m
Draycott Group has sold Cardiff PBSA block City Heights for £19.4m to 90 North Real Estate Partners and Rasameel Investment Company, in a deal reflecting a net initial yieldof 5.85%.
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News
Octopus Investments buys South East housebuilder from Cheyne
Cheyne Capital has sold its majority shareholding in Elivia Homes to funds advised by Octopus Investments.
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News
Oxenwood snaps up Manchester logistics park for £19m
Oxenwood Real Estate has acquired a multi-let logistics estate near Manchester for £19m.
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News
Fiera and Wrenbridge snap up logistics development in Portsmouth
Fiera Real Estate and Wrenbridge have acquired a 4.5-acre site in Portsmouth to develop a 110,000 sq ft industrial scheme with a GDV of £33m.
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Boreal IM and Cadillac Fairview JV deploys €250m in debut European logistics deals
Boreal IM and Cadillac Fairview have purchased the Nucleus Estate in Park Royal, West London and an estate within the Port of Rotterdam for a combined total of €250m (£212.8m).
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Online
M&G lets more than 200,000 sq ft at City high-rise office scheme
International law firm Kirkland & Ellis has agreed a pre-let for office space at M&G Real Estate’s landmark 40 Leadenhall development in the City of London.
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Online
Capco and Shaftesbury extend merger talks deadline
Capital & Counties Properties (Capco) and Shaftesbury have extended the Stock Exchange deadline by which a formal offer must be made on their £3.5bn merger.
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News
PGIM Real Estate and Madison Cairn form UK hotels JV
PGIM Real Estate has launched a joint venture with property developer Madison Cairn to acquire, develop and reposition UK hotels, as demand grows for domestic leisure assets.