All articles by Mitchell Labiak – Page 9
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Native Land poised to snap up City office for more than £70m
Acquisition follows string of big-ticket deals and fuels predictions of a strong Q1 for office investment.
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M&G buys Amazon shed from Fiera for £120m
M&G has bought a warehouse in Peterborough let to Amazon from Fiera Real Estate UK for £120m, reflecting a net initial yield of 3.2%.
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First phase of £300m Blackpool Central scheme gets funding
The first phase of Nikal and Media Invest Entertainment’s £300m Blackpool Central regeneration project has received funding.
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Government ends work-from-home guidance and ‘Plan B’ restrictions
Prime minister Boris Johnson has announced an end to the government’s guidance to “work from home if you can” as well as other ‘Plan B’ restrictions.
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Council sells Croydon Park Hotel to Amro and Flemyn
Croydon Council has sold the Croydon Park Hotel to a joint venture between build-to-rent (BTR) developer Amro Partners and family office Flemyn for £25m.
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Craigard gets green light for first Huntingdon industrial space in more than 20 years
Craigard has received planning permission for what it says is the first new industrial development in Huntingdon in more than 20 years.
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Goldman Sachs buys 75% stake in EDGE’s £500m London Bridge office
Goldman Sachs Investment Management has bought a 75% stake in an office scheme near London Bridge being developed to BREEAM ‘Outstanding’ standard by Dutch developer EDGE.
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Allegra Care and Moorfield snap up 133 care home beds in double deal
Care home operator Allegra Care and fund manager Moorfield Group have completed the acquisition of two care homes in Cambridgeshire and Suffolk from Alysia Caring.
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Lovell Partnerships chosen for Suffolk County Council’s £700m resi joint venture
Suffolk County Council has agreed to join forces with Lovell Partnerships to form a property development alliance to build nearly 3,000 homes.
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Logicor raises £1.25bn in bond market
Logicor has raised €1.5bn (£1.25bn) in the bond market, including an inaugural €500m ‘green bond’.
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Amazon hires Hammerson’s head of leasing as part of physical shop rollout
Amazon has hired Hammerson’s interim head of leasing as the online retailer looks to roll out more physical shops across the UK.
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Google London HQ deal shows London is ‘global draw’, says Khan
Google’s decision to buy its London HQ in a record £762.5m deal shows that London is “a global draw for investment”, according to mayor Sadiq Khan.
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Ellandi appoints chief operating officer
Ellandi has appointed David Payling as its chief operating officer.
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Ballymore withdraws plans for Canary Wharf resi tower over fire safety concerns
Ballymore has withdrawn its planning application for a 51-storey residential tower in Canary Wharf, east London, following concerns raised by fire safety experts.
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DekaBank underwrites £78m loan on Oxford and Madison’s City office
DekaBank has underwritten a £78m three-year loan secured on Oxford Properties and Madison International Realty’s St Martin’s Court.
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Google buys London HQ in £762.5m vote of confidence for offices
Google has bought its London HQ for £762.5m in the largest West End office deal on record.
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BPP completes £110m Euston office acquisition
Brunswick Property Partners (BPP) has completed the purchase of The Eversholt office building in Euston, London, for £110m, Property Week can reveal.
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Investment expected to top 2021 this year
Some 55% of respondents to Property Week poll expect £60bn-plus deal volumes.
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ASK lends £21.65m to BYM Capital for Barnet shopping centre acquisition
ASK Partners has provided a £21.65 senior loan facility to BYM Capital to fund its acquisition of The Spires shopping centre in Barnet, Property Week can reveal.
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Amazon’s Oliver Barrett joins Rockwell as land director
Oliver Barrett, the man who helped build Amazon’s real estate team, has joined developer Rockwell as land director.