All Deals articles – Page 45
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Office leasing up 4% in ‘big six’ regions, says Cushman & Wakefield
Office lettings rose 4% year on year across the ’big six’ regional markets in 2022, according to Cushman & Wakefield, with 1.29m sq ft let across Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester in Q4 - 17% above the 10-year average.
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TfL partners with Helical to deliver new office spaces
Transport for London’s (TfL’s) property company, TTL Properties, has selected Helical as its investment partner for commercial office developments across central London.
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Civitas agrees £71m lending deal
Civitas Social Housing has secured a new five-year term debt facility of £70.875m with a European bank.
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Dominus to provide permanent London home for Migration Museum
Dominus is to create a permanent home for London’s Migration Museum as part of a proposed 769-bed student accommodation development near the Tower of London.
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Brunswick lets Croydon tower floor to Fairfield School of Business
Property investor Brunswick Property Partners has let 10,629 sq ft of an office scheme at Croydon’s Stephenson & Knollys House to Fairfield School of Business on a 15-year lease.
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Redhill shopping centre sold to private investor for around £17m
Belfry Shopping Centre in Redhill, Surrey has been sold to a private investor represented by Running Hare for £17m.
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Center Parcs ditches plans for £400m holiday village near Crawley
Center Parcs UK has scrapped plans to build its sixth holiday village near Crawley after environmental concerns were uncovered.
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Dublin’s Morrison Hotel agrees €42.55m refinancing deal with Leumi UK
Specialist hotel lender Leumi UK has signed a €42.55m (£37.5m) facility deal to refinance the Morrison Hotel, a 145-room Hilton Curio-branded hotel in Dublin city centre.
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Warrens takes 514,000 sq ft at Prologis’s Daventry rail terminal
Logistics real estate owner and developer Prologis UK has leased two new distribution centres totalling around 514,000 sq ft to transport and logistics provider Warrens, part of Culina Group, at the Daventry International Rail Freight Terminal (DIRFT).
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GreenPoint ramps up expansion with £305m NCP acquisition
Alternatives investment firm GreenPoint Partners has snapped up a portfolio of 37 NCP car parks, with nearly 15,000 spaces in major UK cities, in a £305m deal.
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Time Out Market appoints Gillingham Bell to support global expansion
Gillingham Bell International has been appointed global real estate partner by Time Out Market to supports its foodhall expansion.
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Life sciences secures £2.45bn investment in golden triangle during 2022
Investment into life sciences real estate exceeded £2.45bn in the ‘golden triangle’ in 2022, according to a report from Cushman & Wakefield.
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BTR market enjoys strong investment in 2022
Build to rent (BTR) remains one of the most in-demand UK real estate sectors, receiving £4.3bn of investment in 2022, according to Savills.
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Notting Hill Genesis agrees 590 home deal
Notting Hill Genesis, the housing association, has made a partnership deal with property fund manager Resonance, which will see it take over 590 properties.
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Scottish castle set for restoration following sale
Knockderry Castle, a 19th-century baronial castle in Argyll & Bute, western Scotland, has been acquired by an American buyer having been marketed for offers in excess of £1.25m.
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Israel’s Harel sells former MI6 HQ 50 Broadway
Israeli insurance firm Harel has sold 50 Broadway, a 72,500 sq ft central London building that was a base for MI6 spies and is now leased to the government for the next 18.5 years, to a high-net-worth buyer.
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Totaljobs takes 10,000 sq ft at Portsmouth’s Lakeside North Harbour
Recruitment firm Totaljobs has taken more than 10,000 sq ft to accommodate 150 staff at Portsmouth workspace provider Lakeside North Harbour.
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Hines pre-lets three floors of Mayfair office building
Investor, developer and manager Hines has pre-let 14,250 sq ft of office space to an Asian multinational company at mixed-use development The Burlian in London’s Mayfair district.
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GPE completes £190m sale of 50 Finsbury Square
Great Portland Estates (GPE) has completed the sale of City office block 50 Finsbury Square to a subsidiary of German family office Wirtgen Invest Holding for £190m.
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Network Rail and TTL on track to build 20,000 homes
Network Rail and TTL Properties, owned by Transport for London, have formed a partnership to enable development of 20,000 homes over the next 10 years.