All Deals articles – Page 42
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OnlineLloyds Bank signs major letting for new Leeds HQ
Lloyds Banking Group will move to MEPC’s office building 11 and 12 Wellington Place in Leeds after signing for 124,000 sq ft, in one of the city’s largest lettings in recent years.
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NewsHome Office signs for 38,000 sq ft in Stoke-on-Trent
Investor Genr8 Developments and Stoke-on-Trent City Council have let 38,000 sq ft of space their jointly-owned Smithfield mixed-use scheme in Stoke-on-Trent city centre to the Home Office.
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NewsCapital & Regional sells The Mall, Luton for £58m
REIT Capital & Regional, which owns retail and leisure properties and specialises in community shopping centres, has sold The Mall, Luton to SDI (Luton) and SDI (Luton 2) for £58m.
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NewsBlantyre and Fairtree check in to Crerar Hotel Group
Investors Blantyre Capital and Fairtree Hotel Investments have bought Scotland’s Crerar Hotel Group for a deal “in the region of tens of millions of pounds” from a group of shareholders.
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NewsBruntwood SciTec and Aston University to develop JV
Bruntwood SciTech, a joint venture (JV) between Bruntwood and Legal & General, has signed an agreement with Aston University to create strategic developments.
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NewsLeftfield agrees £15.2m Banbury shed deal with motorsport’s Prodrive
Property investor Leftfield Advisors has acquired a 128,046 sq ft logistics unit in Banbury for £15.2m from motor racing engineering company Prodrive Motorsport.
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NewsLogicor lets Swindon Keypoints 224 to Panther Logistics
Panther Logistics has signed a 10-year lease with Logicor at Keypoint 224 in Swindon.
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NewsObayashi buys London’s 60 Gracechurch Street
Obayashi Properties UK, a subsidiary of Japanese construction group Obayashi Corporation, has bought 60 Gracechurch Street for around £160m from German investment and asset manager KGAL Investment Management.
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NewsFinal unit let at Sandown industrial development
The 65,000 sq ft Equus development at Sandown Industrial Park in Esher, Surrey, is now fully let, after Advanced Logistics for Aerospace (ALA) took the final unit.
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OnlineSupermarket Income REIT sells Sainsbury portfolio for £430.9m
Supermarket Income REIT has agreed the £430.9m sale of its interest in the Sainsbury’s Reversion Portfolio to the supermarket giant.
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NewsSt. Modwen buys 560,000 sq ft of sheds in Burton-on-Trent and Coventry
Developer St. Modwen Logistics, owned by private equity giant Blackstone, has acquired warehouse units in Burton-upon-Trent and Coventry.
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NewsTaylor Wimpey buys Henry Boot Milton Keynes site to build 1,855 homes
Housebuilder Taylor Wimpey has acquired a 342-acre site in Milton Keynes to build 1,885 homes from investor and developer Henry Boot for an undisclosed amount.
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NewsGerald Eve snapped up as Newmark continues UK expansion
Gerald Eve has become the latest UK consultancy to be snapped up by US-based commercial real estate services business Newmark Group as part of the latter’s move towards increasing revenue generation internationally.
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NewsWorkspace sells Wandsworth residential asset for £54m
Workspace has sold the residential component of the Riverside mixed-use redevelopment in Wandsworth, south London for £53.95m to an undisclosed buyer, in line with its September 2022 valuation.
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OnlinePGIM RE buys North-west housing portfolio from Goldman Sachs AM
PGIM Real Estate, the property investment business of US asset manager PGIM, has acquired a portfolio of 918 single-family rental homes in Manchester and Liverpool from Goldman Sachs Asset Management.
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OnlineDTZ Investors snaps up Croydon retail park for £59m
DTZ Investors has bought Croydon’s Purley Cross Retail Park, where the main tenants are Aldi and M&S supermarkets, for £59m from Oval Real Estate.
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InsightM Core acquires Solihull shopping centre
Privately held commercial property portfolio M Core has acquired Chelmsley Wood shopping centre in Solihull, one of the main retail centres in the West Midlands town.
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OnlineHotel investment begins to recover from pandemic, says Knight Frank
The hotel investment market has begun its recovery from the Covid-19 pandemic, new research has found.
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NewsStarbucks opening 100 UK stores this year
Starbucks, the world’s largest coffee chain, will open 100 new stores across the UK this year following a 37% increase in sales in this country to £449.3m.
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OnlineModerna to build vaccine plant in Oxfordshire
Moderna is set to build an innovation and technology centre in Harwell, Oxfordshire.
