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OnlineEdinburgh office building sold to Austrian investors
The five-storey Wemyss House office building in Edinburgh has been sold to a family of Austrian property investors for more than £5m, 20% more than the asking price.
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Next plans sale and leaseback of HQ and warehouses
Fashion retailer Next has appointed agents to dispose of its Leicester HQ to mitigate the hit to its business by Covid-19.
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BNP Paribas Group promises to pay staff full wages for next three months
BNP Paribas Group has committed to paying all of its employees, including those at BNP Paribas Real Estate and Strutt Parker, their full salaries for the next three months.
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Property Stocks Daily Performance: Wednesday 1st April
We look at the performance of the top property company stocks.
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B&M to temporarily close 49 stores
B M UK is to close 49 stores temporarily despite being allowed to continue to trade under Covid-19 measures.
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Tuntum housing secures £42.5m bond funding
Housing association Tuntum Housing has arranged an unlisted £42.5m bond, backed by a UK insurer and a UK pension fund, maturing in 2053.
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Luxury hotel Claridge’s to house NHS workers
Luxury London hotel Claridge’s will open its doors on Friday to up to 40 key NHS staff who cannot live at home.
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Delancey buys Cardiff office for £13m
Delancey has acquired a Cardiff city centre office building for £13m on behalf of a private client.
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Hardington Capital acquires £15m buildings from Investec Bank
Hardington Capital has acquired two buildings in Newport on behalf of a corporate client.
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Savills adds Jeremy Lamb to its auctions team
Savills has hired Jeremy Lamb as a director in its auction team.
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