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All Deals articles – Page 38
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NewsTristan Capital Partners pays £78m for Richardson Barberry’s Bristol logistics park
Joint venture developer Richardson Barberry has sold its prime logistics park development at Avonmouth, Bristol for £78m to CCP 5, a fund run by Tristan Capital Partners, ahead of starting phase two of construction.
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NewsLH1 Global secures £100m residential development deal
International property consultant LH1 Global has brokered a residential development deal at South Bank Leeds with an estimated value £100m.
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NewsGraphic Packaging takes Bristol warehouse
Real estate firm Mileway has let Titan, a newly refurbished 255,686 sq ft distribution warehouse in Yate, Bristol to US firm Graphic Packaging International.
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NewsCustodian REIT flips Gosforth shopping centre
Custodian REIT has turned a £9.3m profit from the sale of a shopping centre in Gosforth, Newcastle upn Tyne, which it bought a year ago for an apportioned value of £8.975m as part of its £42m acquisition of DRUM Income Plus REIT.
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NewsDominus buys Tower Hamlets former DWP building for resi scheme
Property group Telereal Trillium has sold a residential development site in the London Borough of Tower Hamlets, east London, for £8.2m to Dominus Advisory.
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NewsRevolution Bars picks up Peach pubs in £16.5m deal
Revolution Bars Group is paying £16.5m to acquire The Peach Pub Company to create what it says will be a “more balanced and diversified business”.
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NewsWetherspoon to sell historic cinema site
Pub operator JD Wetherspoon has appointed agents CBRE and Savills to sell the historic State Cinema building in Grays, Essex.
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OnlineVistry agrees terms of £1.25bn takeover of Countryside
Countryside has reached agreement on the terms of its £1.25bn takeover by Vistry with a cash and share deal.
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NewsOdevo acquires US firm KWPMC
Residential property management group Odevo has acquired US firm KW Property & Management Consulting (KWPMC) for an undisclosed fee to develop a presence in the world’s largest property management market.
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NewsLazard to move UK HQ to Marylebone’s Manchester Square
Global investment bank Lazard is relocating its UK headquarters in London to Manchester Square, Marylebone, after signing a 15-year lease for 78,500 sq ft of refurbished office space.
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NewsRO Real Estate snaps up Nottingham building from Mayfair Capital
RO Real Estate, part of a group of companies owned by the Rowlandson family, is acquiring a Nottingham office building from property investor Mayfair Capital for an undisclosed fee.
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NewsMerry Hill strikes deal with Hollywood Bowl
Ten-pin bowling operator Hollywood Bowl is taking 36,000 sq ft at West Midlands shopping centre Merry Hill, where it will open next year.
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NewsSovereign spends £17.6m to develop Farnborough shopping centre site
Knight Frank Investment Management (KFIM), on behalf of Local Pensions Partnership Investments (LPPI), has sold the Princes Mead shopping centre site in Farnborough to Sovereign Housing Association for £17.6m, reflecting an 8% net initial yield.
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NewsRedrow snaps up Deal site for £69m GDV resi scheme
Redrow has bought a 13.8-acre site outside Deal in Kent for the delivery of a new residential scheme with a GDV of £69m.
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NewsMarket disruption shakes financial landscape with fall in Q3 volumes
£10.6bn of property assets changed hands during Q3 2022, marking a decrease of 36% on Q2’s total, according to a report by Lambert Smith Hampton (LSH).
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NewsLondonMetric pays £5m for south London shed site
FTSE 250-listed REIT LondonMetric Property has acquired a prime warehouse site covering 23,344 sq ft in Forest Hill, south-east London, for £5m from two private landowners.
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NewsMorrisons to sell 28 stores to gain CMA approval for McColl’s takeover
Morrisons plans to divest 28 of McColl’s Retail Group’s convenience stores to a purchaser or purchasers, in a bid to get its takeover of McColl’s approved by the Competition and Markets Authority (CMA).
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NewsOakNorth Bank acquires 50% stake in ASK Partners
OakNorth Bank has acquired a 50% stake in real estate funding specialist ASK Partners to expand its lending to UK housebuilders and property entrepreneurs.
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NewsOrchard Street fully lets three-unit site in Surrey
Commercial property investment manager Orchard Street has agreed the final two lettings at Albany Point Industrial Estate in Camberley, taking the site to full occupancy.
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NewsBlackstone unveils plans for giant Berkeley Square London HQ
Blackstone has revealed plans to establish a new European HQ at London’s Berkeley Square, a move described by prime minister Liz Truss as a “resounding vote of confidence in the UK”.
