All Deals articles – Page 7
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Dominus pays £27.5m for Square Mile ‘trophy’ office block
Dominus Real Estate has snapped up the RBS office building 5-10 Great Tower Street in the Square Mile from NatWest for £27.5m with an eye on converting it for alternative use.
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Vistry Group secures additional grant funding from Homes England
Housebuilding giant Vistry has secured an additional £67m from Homes England to develop grant-funded affordable homes in the period up to 2026.
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Tritax signs LWC Drinks for Buckinghamshire Symmetry Park logistics unit
Tritax Symmetry has signed LWC Drinks for 116,000 sq ft on a 15-year lease at the final avaliable building on Symmetry Park, Aston Clinton, at Aylesbury in Buckinghamshire.
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‘Rare’ office building in Milton Keynes hits the market
A 30,000 sq ft office building in Milton Keynes has been launched to the market as a major headquarters opportunity for sale or to let.
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Mantle Space signs for new flexible workspace in Cambridge city centre
Mantle Space has signed a six-year lease to operate a new flexible workspace out of 95 Regent Street in Cambridge.
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Goodstone Living secures £100m debt financing for Birmingham BTR scheme
Goodstone Living has secured over £100m of debt financing from NatWest and Allied Irish Bank to help transform a 4.2-acre former factory in Birmingham into a modular build-to-rent (BTR) residential community.
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Rightacres Property launches £100m Cardiff BTR scheme
Residential developer Rightacres Property has launched a planned £100m build-to-rent (BTR) scheme in Cardiff city centre.
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Northern Irish investment plummets 77% in Q2
Investment in Northern Irish commercial property fell 77% in Q2 2023 compared to Q1, which was the busiest quarter since the pandemic.
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Palace Capital offloads £12m Liverpool offices to Medicash
Liverpool-based health insurer Medicash has acquired a five-storey mixed-use property in Liverpool city centre from Palace Capital for £12m.
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Griffen secures major letting at Leicestershire logistics park
Griffen has agreed a 128,048 sq ft letting for a global manufacturer’s parts distribution operation on Unit 1 at its Griffen Park logistics park in Desford, Leicestershire.
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British Land secures planning for London urban logistics scheme
British Land has received resolution to grant planning permission for a 455,000 sq ft multi-level logistics hub at Heritage House in Enfield, north London.
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Priory in sale and leaseback deal with US group
Britain’s largest mental healthcare chain The Priory Group has reportedly completed a sale and leaseback of five or its properties to US group Medical Properties Trust for £43.7m.
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Department store regeneration secures global sports marketing firm as first tenant
Bruntwood and Trafford Council have secured global sports marking agency Sportfive as the first office tenant at their new workspace and leisure destination Foundation.
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RLAM sells Preston retail and leisure park for £51.5m
Royal London Asset Management (RLAM), on behalf of The Royal London UK Real Estate Fund, has sold the Capitol Retail and Leisure Park in Preston, Lancashire, to British Land for £51.5m.
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John Lewis to halve size of London HQ with Pimlico letting
John Lewis Partnership (JLP) has secured a lease on a smaller London headquarters at One Drummond Gate in Pimlico, a building half the size of its current Victoria home.
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Green energy firm pre-lets all four floors at new Oxford office block
Lothbury Investment Management has pre-let all five floors of offices at Oxford’s North Bailey House to green energy business Ryze Hydrogen, Property Week can reveal.
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Kite Packaging signs 15-year lease at Delancey’s Proxima Park
Packaging supplier Kite Packaging has signed a 15-year lease at Delancey’s Proxima Park.
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David Lee acquisition brings estate agency iad into UK
International estate agency giant iad has launched in the UK following the acquisition of David Lee estate agents and said a move into other “major territories” will be announced soon.
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Delin Property signs Lloyd Fraser to occupy its 163,000 sq ft Magna Park warehouse
European logistics warehouse specialist Delin Property has signed a long-term lease for third-party logistics provider Lloyd Fraser to occupy its 163,000 sq ft crossdock warehouse in Magna Park, Lutterworth.
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Prezzo landlords swallow £32m loss in High Court restructuring plan ruling
Prezzo landlords have been forced to swallow a £32.2m loss after a High Court judge approved a restructuring plan following the closure of 47 loss-making restaurants in April.