All News articles
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OnlineShopping proptechs PlaceWise Digital and Boostcom merge
Shopping centre specialist proptech firms PlaceWise Digital and Boostcom are merging.
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Online
WeWork valued at just £6.1bn as Softbank moves to take control
SoftBank is in advanced talks to take a majority stake in troubled flexible office group WeWork, in a deal that values the group at just $8bn (£6.1bn).
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News
Longmead Capital buys Glasgow office for £38m
Longmead Capital has bought the central Glasgow office building 123 St Vincent Street from Aviva for £37.8m, in one of the largest property deals in the city this year.
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Online
William Hill appoints CBRE for 600-shop disposal plan
William Hill has appointed CBRE to advise on its plan to dispose of up to 600 shops across the UK.
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Online
The Arch Company launch Tenants’ Charter
The Arch Company has launched a Tenants’ Charter in a bid to improve relationships between tenants and landlords.
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Online
Wise Living secures £33m BTR boost
The SDL Group’s build-to-rent (BTR) arm Wise Living has secured a further £33m of funding from investors ICG-Longbow.
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Online
Real estate lending platform Proportunity secures £2m in funding
Home equity loan platform Proportunity has raised £2m in seed investment from Anthemis and Axel Springer Digital Ventures.
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Online
DWS forward purchases Europa Worldwide Group’s new Corby warehouse
DWS has forward purchased a distribution warehouse in Corby, which was pre-let to haulage giant Europa Worldwide Group earlier this month.
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Online
OakNorth lends Marden Homes £17.8m for Essex development
Challenger bank OakNorth has provided housebuilder Marden Homes with £17.8m for a new residential development in Chelmsford.
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Online
LaSalle Investment Management sells Northolt Retail Park to Aitch Group for £11m
LaSalle Investment Management has sold Northolt Retail Park in Harrow to Aitch Group for £11m.
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Online
Quintain names James Saunders as Angus Dodd’s successor
Quintain, the developer behind Wembley Park, has appointed James Saunders as its chief executive replacing Angus Dodd.
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Online
REDD snaps up 7 Charles Street and secures planning permission for £10m duplex
Monaco-based residential developer REDD has acquired 7 Charles Street in Mayfair and obtained planning permission to create a new £10m duplex residence as it continues to execute its luxury residential plan.
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Online
Canopius pre-lets two floors at 22 Bishopsgate
AXA Investment Managers - Real Assets has added another tenant at 22 Bishopsgate having agreed a pre-let on two floors with insurance group Canopius.
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Online
L&G appoints Capco director as it prepares for £750m affordable homes push
Legal General Affordable Homes is to pump £750m into new affordable housing projects across the UK, increasing its development pipeline to nearly 3,500 homes, across 41 schemes.
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Candy eyes bid for Capco
Residential property tycoon Nick Candy has confirmed he has joined forces with Saudi Aradia’s Public Investment Fund to launch a bid for Earls Court and Covent Garden owner Capital Counties (Capco).
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Online
Knight Frank reports dip in turnover and profits
Knight Frank has reported a dip in both turnover and profits in annual results.
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News
Industrial real estate funds on course to raise $6.4bn (£5bn) this year
Global industrial real estate funds are expected to raise in 2019, which would be a leap of 120% compared with $2.9bn in 2018, according to Cambridge Associates.
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Online
Stenprop buys two industrial sites for £7.1m
Stenprop has acquired two industrial estates in Glasgow and Wolverhampton in separate transactions for £7.1m.
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Online
North West resort to undergo £20m makeover
Formby Hall Golf Resort Spa is set to undergo a £20m expansion and upgrade.
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Online
Plans revealed for new Citylabs campus building
Manchester health innovation campus Citylabs is set for a £35m expansion, which will take the campus’s footprint to more than 125,000 sq ft.
