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Offices news
Landsec hails strong demand for London office space as it launches Victoria refurb
Landsec has told investors that occupier demand for prime office space has “remained strong” since its last year end on 31 March.
Former C&W executives launch flexible workspace operator Covalt
Former executives at Cushman & Wakefield (C&W) have launched a new ’white label’ flexible workspace management company, Property Week can reveal.
British Land confident for financial year despite Meta lease surrender for £149m
British Land confirmed it had received a payment of £149m, reportedly equivalent to about seven years’ rent, from social media giant Meta, which surrendered the lease it had agreed for the former’s 1 Triton Square in London’s Regent’s Place.
THG’s Manchester HQ sale falls through
The Hut Group (THG) founder Matt Moulding’s sale of its £250m headquarters in Manchester to real estate investor ICG has fallen through, Property Week understands.
Whitbread snaps up New London House in £56.5m deal for hotel conversion
Hospitality group Whitbread has acquired the freehold interest in New London House in the City of London from unnamed clients of Orchard Street Investment Management for £56.5m..
Colliers appoints Mishon to bolster London office team
Colliers has appointed Joseph Mishon to the new role of head of flex and management solutions in its London office.
Real estate total global value reaches $380trn
The value of all global real estate, including agricultural land, reached $379.7trn (£819,000m) in 2022, new research from Savills has found.
