All Deals articles – Page 31
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Staffordshire hospice drafts in Burley Browne to lead 15-unit charity shop expansion
St Giles Hospice in Staffordshire has instructed property consultant Burley Browne to find new sites to expand its network of charity shops across the West Midlands.
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Landsec’s Piccadilly Lucent building now 77% pre-let ahead of summer completion
Landsec’s Lucent building is now 77% pre-let ahead of completion this summer, with only one floor remaining, after a third firm signed a lease.
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Orega expands in the City of London with new flex space
Flexible workspace group Orega is expanding in the City of London at Korea Investment Management’s 70 Mark Lane.
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Savills reveals ‘uptick’ in investment in London’s West End
London’s West End property investment market has experienced an uptick in the number of transactions in recent months, according to Savills.
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HSBC to leave Canary Wharf for St Paul’s offices in the City
HSBC has decided to leave its long-term Canary Wharf headquarters at 8 Canada Square for a City of London office development nearly half the size, a memo sent to staff has revealed.
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Aviva Investors completes pre-let to law firm at One Liverpool Street
Aviva Investors has completed a pre-let at its One Liverpool Street development in London to the world’s largest law firm Dentons.
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Kajima’s 77 Coleman development now fully let as Industrious signs lease
Flexible workspace provider Industrious has taken the remaining 20,967 sq ft of commercial space at pan-European real assets business Kajima’s landmark office development, 77 Coleman in Moorgate, central London.
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London-headquartered Valesco completes €460m Paris Sequana Tower acquisition
The Valesco Group (Valesco) has completed the €460m (£393m) acquisition of Sequana Tower in Paris via a sale-and-leaseback deal, which represents the largest office deal of the year in continental Europe.
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Ares agrees £300m refinancing of central London assets
Ares Management Corporation’s European real estate debt team has provided a £300m senior loan to refinance two high-profile central London assets: Burberry’s global flagship store at 21-23 New Bond Street, and the 601-room, four-star Hilton London Kensington hotel.
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Mera IM to deploy £100m of lending with backing from UK family office
Boutique real estate lender Mera Investment Management (Mera IM) is set to deploy £100m of lending this year, having secured equity backing from a private family office.
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Nuveen to sell Soho Wharf
Global investment manager Nuveen has appointed CBRE to sell Soho Wharf, its mixed use scheme on London’s South Bank.
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New Amsterdam Invest acquires brace of Glasgow offices
New Amsterdam Invest NV has spent £18m on the purchase of two office buildings in Glasgow, marking two of the biggest deals in the city so far in 2023.
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Delancey sells prestigious schools including one attended by princes William and Harry
Private education company Alpha Plus Group, owned by UK fund manager Delancey, has sold 17 of its 20 schools to premium school firm Inspired for an undisclosed price.
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PEXA selects West Village Leeds for new UK headquarters
Technology provider PEXA has signed a 10-year lease for 8,192 sq ft at the newly transformed West Village Leeds development for its new UK headquarters.
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Greystar acquires £20m Stratford BTR site
Greystar Real Estate Partners has acquired a £20m build-to-rent (BTR) scheme in Stratford, east London from developer Lifestory.
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NHS signs new letting at former House of Fraser in Metrocentre
Gateshead Health NHS Foundation Trust and Newcastle upon Tyne NHS Foundation Trust have signed a lease for a Community Diagnostic Centre (CDC) in part of the space previosuly occupied by House of Fraser in Newcastle’s Metrocentre.
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Bruntwood SciTech submits framework for ID Manchester
Bruntwood SciTech has submitted a strategic regeneration framework (SRF) to Manchester City Council outlines the future of the new £1.7bn city centre district ID Manchester.
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HEL Group signing completes lettings at Hemel Hempstead park
Commercial property investment manager Orchard Street Investment Management has fully let its Centro Trading Estate in Hemel Hempstead.
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Urban Splash secures £20m from Barclays
The Urban Splash Residential Fund (USR) has a secured a £20m debt facility with Barclays to support the expansion of its rental portfolio.
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Pithos Capital syndicate snaps up UK Storage Company
An investor syndicate comprising funds advised by Davidson Kempner Capital Management LP and European self-storage operator Pithos Capital has purchased UK Storage Company, an independent self-storage provider with a portfolio of 28 sites.