All Deals articles – Page 4
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News
Kadans signs gene therapy firm AviadoBio for Canary Wharf centre
Kadans Science Partner has secured AviadoBio for its recently completed wet lab and flexible workspace centre at Canary Wharf.
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Urbanite secures £19m finance facility for Glasgow PBSA scheme
Purpose-built student accommodation (PBSA) developer Urbanite Living has secured an £18.85m finance facility from Paragon Bank for a student accommodation scheme in Glasgow.
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AshbyCapital refinances £50m retail park
AshbyCapital has refinanced two of its retail parks with a three-year, £50m loan facility provided by Deutsche Hypo.
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Arrow boosts direct lending capabilities in real estate debt with Maslow Capital acquisition
Arrow Global Group, a European asset manager specialising in credit and real estate, has acquired Maslow Capital, a provider of real estate finance, to strengthen its lending opportunities strategy and complement its existing investment activities.
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Wilko reportedly sold flagship warehouse for £40m below true value
Financially troubled budget retailer Wilko sold its flagship depot for £48m only for it to reportedly be flipped by its new owner for £88m just two months later, it has emerged.
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Lloyds signs major flex office lease in Birmingham
Lloyds Banking Group has taken nearly 60,000 sq ft of flexible office space at Brindleyplace in Birmingham while it refurbishes its headquarters in the city at 125 Colmore Row.
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BNP Paribas and Skelton Group agree largest Basingstoke office deal in five years
Skelton Group Investments has leased 21,000 sq ft of office space to BNP Paribas Real Estate in the largest office letting in Basingstoke town centre in the last five years.
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Online
Chase New Homes secures £26m Paragon Bank finance package
Chase New Homes has secured a £26m finance package from Paragon Bank’s development finance division to support its 170-unit housing scheme in Saffron Walden, Essex.
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Barberry Group buys West Midlands Mecca Bingo hall for £5.92m
West Midlands-based developer Barberry Group has acquired a Mecca Bingo hall in Oldbury, Sandwell, for £5.92m.
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Third Space to open trio of London health clubs
Luxury health and fitness club operator Third Space has acquired three new locations in London and is set to open clubs in Clapham Junction, Richmond and at The Whiteley in west London.
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GPE acquires Soho Square Estate with plans for HQ office building
Great Portland Estates (GPE) has acquired King Sloane Properties, which owns the 57,456 sq ft Soho Square Estate, for £70m with plans to develop a new HQ office building.
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Mercure Glasgow acquired by S Hotels & Resorts for £7.5m
S Hotels & Resorts has bought the freehold of Mercure Glasgow City Hotel on Ingram Street from Alternative Income REIT for £7.5m.
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Orega to open flexible workspace at 51 Lime Street
Flexible workspace provider Orega has completed a new management agreement with WTW to create a high-spec flexible workspace at 51 Lime Street in the City of London.
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DTZ Investors bags Islington Sainsbury’s for £56m
DTZ Investors has paid Lothbury £56.25m for a Sainbury’s store in Islington, north London, reflecting a net initial yield of 4.4%, and said it is on the lookout for further supermarket investments.
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European investor pays £30m for prime Edinburgh office and retail block
French investor Remake Asset Management has bought a prime office and retail block on Princes Street in Edinburgh for £29.525m from Redevco.
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Barnet Council acquires 249-home affordable rent scheme from Redrow
Barnet Council has acquired a 249-home affordable rent scheme from housebuilder Redrow at its flagship north London community.
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Bellway acquires £35m Surrey resi development site
Housebuilder Bellway has acquired a site in Virgina Water, Surrey from developer Danescroft for £13m to carry out a £35m residential development.
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Industrials REIT acquires Rochester Trade Park
Multi-let specialist Industrials REIT has snapped up Rochester Trade Park for an undisclosed price from clients of Swiss Life Asset Managers UK – its first investment since its acquisition by Blackstone in June.
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St Modwen Park Broomhall set for expansion as two new leases signed
St Modwen Park Broomhall in Worcester is set for expansion after planning permission was secured for an extra 72,000 sq ft of warehouse space and two businesses signed new leases on the industrial park.
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CLAS acquires London and Dublin hotels for £300m to ‘capitalise on travel recovery’
Singaporean real estate investment manager CapitaLand Ascott Trust (CLAS) has acquired The Cavendish London hotel and Temple Bar Hotel in Dublin, and a serviced residence in Jakarta for a combined price of S$530.8m (£306.5m).