All News articles – Page 5
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News
Ninja Warrior UK Adventure Park signs lease for 25,000 sq ft Chelmsford unit
Ninja Warrior UK Adventure Park has signed a 15-year lease for a 25,000 sq ft unit at The Meadows Retail Park in Chelmsford.
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iQ to develop 1,200-bed Warwick PBSA scheme in
IQ Student Accommodation is to develop a 1,209-bed purpose-built student accommodation (PBSA) scheme in Warwick in a forward-funding deal with Topland Vintage Group and McLaren Property.
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Glade Capital snaps up Thames Water headquarters for £35m
Investment property platform Glade Capital has bought Clearwater Court, the UK headquarters for Thames Water, for circa £35m.
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Industry cheers Hunt’s life sciences ‘war chest’
Experts say £650m government package will help companies in the sector grow
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Chanel to double size of London HQ in Mayfair office move
Luxury fashion giant Chanel has agreed a new 20-year lease in Mayfair which will see it double the size of its global headquarters.
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Debut tenant secured for HB Reavis’s Shoreditch office scheme
HB Reavis has unveiled Frontier Economics as the debut occupier of its Worship Square office development in Shoreditch, with the company moving their headquarters to the building in early 2024.
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Levelling up ‘will fail’ without long-term funding, warn MPs
Levelling-up policy is suffering from a lack of oversight, long-term strategy and sufficient funding and “risks failure” without a significant shift in approach, a group of influential MPs has warned.
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PRS sector at risk of losing 735,000 properties, says NRLA
The private rented sector (PRS) is at risk of losing up to 735,000 homes due to high tax rates, according to the National Residential Landlords Association (NRLA).
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West Midlands Investment Prospectus 2023 sets out £20bn of opportunities
Potential investors and developers have been presented with £20bn of housing, commercial, regeneration and infrastructure opportunities in the 2023 West Midlands Investment Prospectus.
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Seventh DeTrafford development in 10 months falls into administration
DeTrafford No1 Castlefield has fallen into administration, making it the seventh special purpose vehicle (SPV) owned by the parent company to do so in the past 10 months.
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Albert’s Schloss signs Trocadero deal for first London restaurant
The 18,000 sq ft former Rainforest Café Trocadero on London’s Shaftesbury Avenue is to become an alpine cook haus and Bavarian bier palace after Criterion Capital signed Albert’s Schloss on a 25-year lease for its first London restaurant.
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Online
FDC secures £30m following year of record lending to SMEs
Frontier Development Capital (FDC) has raised a further £30m from existing investors West Midlands Pension Fund and British Business Investments after completing a record year for investment.
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Online
Kajima promotes Karia to finance director
Pan-European real assets business Kajima has appointed Anuja Karia as finance director at Kajima Properties (Europe) and Kajima Student Housing.
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British Land launches Innovation Advisory Council to support life science and innovation growth
British Land has established an Innovation Advisory Council of five leading academics and executives who will advise it on the development of 1.9m sq ft of lab and innovation space.
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Hilltop Credit Partners completes £19.6m in regional homes loans
Funds advised by real estate credit investment manager Hilltop Credit Partners have completed two loans, totalling £19.6m, to support the development of regional homes in Oxfordshire and Perthshire.
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Auction success rates in first quarter at a three-year-low
Acuitus research shows drop in Q1 success rates despite 20% increase in number of lots brought to auction
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Allsop's May auctions total tops £100m after commercial sale success
Allsop’s May auctions total busted the £100m mark after the firm raised more than £60m at its 17 May commercial auction.
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Newcore Capital secures £190m final close for UK social infrastructure real estate fund
Newcore Capital, a UK social infrastructure real estate investment manager, has secured £190m in equity commitments for Newcore Strategic Situations V (NSS V), a close-ended vehicle with a life spanning over seven years.
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Sovereign Centros wins outline approval to revamp Glasgow’s St Enoch centre
Property developer and asset manager Sovereign Centros has secured outline planning approval to redevelop The St Enoch Centre in Glasgow as a mixed-use scheme including offices, cultural space, a hotel and housing.
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US private equity firm Apollo to acquire United Living Group
Private equity firm Apollo, headquartered in New York, has entered into a definitive agreement to acquire United Living Group, a provider of infrastructure, social housing maintenance and construction services, as it sees opportunities for investment across the UK.