All Editorial articles – Page 5
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Highcross buys former HBOS assets
UK opportunity fund Highcross has bought seven office and industrial properties in Aberdeen, Dunfermline and Glasgow, in a £20.3m deal.
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Green light for Westminster’s North Wharf plans
Plans for a 710,000 sq ft mixed-use scheme in the Paddington Basin were given have been given the green light by Westminster council, which is intending to sell the site for redevelopment.
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Galliard buys 7-9 Portland Place for resi
Galliard Homes has paid £11m for 7-9 Portland Place, an office building in London’s West End which it plans to convert into luxury homes.
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Odeon Leicester Square site to be put up for sale
The Odeon Cinema development site in London’s Leicester Square will be formally brought to the market following an agreement between the National Asset Management Agency and Real Estate Resolutions, which owns part of the site.
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Baci Lingerie debut's at St David's
Baci Lingerie is to launch its first UK store at St David’s, the Cardiff shopping centre jointly owned by Capital Shopping Centres and Land Securities.
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Cordea Savills buys in Edinburgh
Cordea Savills has purchased a new prime project in Edinburgh and completed the sale of two assets on behalf of its Student Hall Fund.
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Expedia books in at Angel Building
Derwent London has confirmed the letting of two floors at its Angel Building in east-central London to online holiday broker Expedia, and revealed a new Thai restaurant tenant for the property.
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CityHeart plans Edinburgh student resi
Chester-based property firm CityHeart Developments has been granted planning permission for a new 778 bed student accommodation in Edinburgh, which has been pre-let to Edinburgh Napier University.
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OPLC probes stadium occupier selection process
The Olympic Park Legacy Company has launched an independent investigation into its selection process for a post-Games Olympic Stadium occupier, following allegations against corporate services director Dionne Knight, who was suspended on Friday.
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Wellcome publishes Olympic Park takeover plans
Charitable foundation The Wellcome Trust has made public its plans for a £1bn takeover of London’s Olympic Park.
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Norwegian sovereign wealth fund completes second deal
The Norwegian sovereign wealth fund has completed its second deal in a £15bn investment drive, with the purchase of 50% of a €1.4bn Parisian portfolio from Axa.
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Harrison Leggett is formed
Two West End office agency stalwarts have created a new “niche” agency serving the central London market.
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Welput buys St Martins Place block
EstCapital has sold 7-8 St Martins Place to the West End of London Property Unit Trust (WELPUT), a closed-end fund managed by Schroders, for £41m.
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MGPA acquires German retail portfolio
MGPA has acquired a portfolio of 26 retail properties from Develica Deutschland.
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GLA strikes landmark £600m bond deal with Lloyds
Lloyds Bank Corporate Markets has put together the first local government bond deal in 17 years, with a £600m bond issue to help the Greater London Authority pay for Crossrail.
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£3bn BarCap-backed private rental fund revealed
The much-vaunted dawn of the UK’s private rented housing sector came a step closer today, as housing minister Grant Shapps supported the launch of a £3bn private rental vehicle.
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Urban Splash gets new head of lettings
Regeneration company Urban Splash has promoted one of its associate directors to the position of national head of lettings.
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RBS demands sale of former Guiness factory
A vacant building at west London’s First Central has been put up for sale by Royal Bank of Scotland.
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Springfield buys Redrow's Scottish arm
Elgin-based developer Springfield Properties has paid £49m for Redrow’s Scottish business, which was put up for sale earlier this year.
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Siskind to step down as Goldman Sachs’s real estate head
Ed Siskind, the head of Goldman Sachs’s Real Estate Principal Investment Area (REPIA), is to retire at the end of the year.