All South East articles – Page 10
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News
Allsop’s releases 218-lot-strong catalogue for next in-person auction
Allsop’s has launched the catalagoue for its June 22 residential auction, its second in-person sale since 2020, featuring 218 lots, 21 of of which have a guide price of £1m-plus.
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Hargreaves spends £4.2m on Guildford office block
Investor and developer Hargreaves Group has acquired a Guildford office building from Halifax Pension Nominees for £4.2m.
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Swiss Life Asset Managers UK buys Weybridge care home for £9.7m
The UK arm of investor Swiss Life Asset Managers has acquired Norfolk House care home in Weybridge for £9.7m, reflecting a 5.8% net initial yield.
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LXi REIT sells St Albans retail park to UK pension fund for £31m
LXi REIT has sold a St Albans retail park to a UK pension fund for £31m, equating to a net initial yield of 4.7%.
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Chancerygate submits plans for 82,400 sq ft Leatherhead logistics hub
Developer Chancerygate has submitted plans to speculatively build 82,400 sq ft of grade-A urban logistics and warehousing space in Leatherhead, Surrey.
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Woking’s woes reveal dangers of council property investment
Two schemes played a big part in the council being placed in special measures, as other LAs face a similar fate.
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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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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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Gove unlikely to back down on beauty
Planning experts believe housing secretary Michael Gove is likely to retain his stance that housing schemes should be “beautiful”, despite news he could rethink his rejection of a Berkeley Homes scheme in Kent on aesthetic grounds.
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Demand for ‘golden triangle’ lab space spurs spike in transactions
Rising demand for lab space in the ‘golden triangle’, the area spanning London, Oxford and Cambridge, saw a spike in transactions in Q1 2023, according to Cushman & Wakefield.
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Kadans acquires Windrush Innovation Centre in Oxford
Kadans Science Partner is set to continue its expansion into Oxford with the acquisition of the Windrush Innovation Centre from Tozi Limited.
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JR Capital and Chancerygate’s £150m fund acquires Eastbourne industrial estate
A £150m urban logistics investment fund managed by asset manager Chancerygate and property investment company JR Capital has acquired an industrial estate in Eastbourne, East Sussex.
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Inland Homes secures planning for Hounslow development
Inland Homes has gained planning consent for its mixed-use development comprising 1,525 homes and 30,000 sq ft of commercial space at Cavalry Barracks in West Hounslow, London.
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Godwin submits planning for mixed-use Wisbech scheme
Godwin Developments has submitted an outline planning application for a range of commercial uses for its 9.5-acre site in Wisbech, Cambridgeshire.
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UKREiiF: Thames Estuary launches bid for £18bn of regional investment
The government’s Thames Estuary Growth Board has launched an online platform to drive private investment in 24 projects worth over £18bn to benefit the whole South East region.
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News
IJM Land partners with Network Rail for railway developments
Network Rail and Malaysian developer IJM Land have formed a partnership to explore opportunities on land close to rail assets.
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Online
Vacant Essex residential investment is star lot at next Strettons auction
An Essex residential lot comprising two two-bedroom houses, two studio flats and land with development potential is one of the leading lots set to go under the hammer at Strettons’ auction on 23 May.
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Lush launches circular recycling Green Hub in Poole
Cosmetics giant Lush has launched a new 40,000 sq ft circular recycling hub at its Fleets Corner Business Park in Poole after investing £2.3m in the project.
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Leumi lends Fattal £43.7m for Brighton Grand purchase and refurb
Fattal Hotel Group has secured a £43.7m loan for the acquisition and refurbishment of The Grand hotel in Brighton from specialist property lender Leumi UK.
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Online
Runway East signs deal to open flexible workspace in Brighton
Flexible workspace operator Runway East has signed a partnership lease to open its eighth site at a new mixed-use development in Brighton.