All South East articles – Page 24
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News
M&G buys Amazon shed from Fiera for £120m
M&G has bought a warehouse in Peterborough let to Amazon from Fiera Real Estate UK for £120m, reflecting a net initial yield of 3.2%.
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Abrdn secures Tesla’s Crawley base for £5m
Investment company Abrdn’s AIPUT fund (Airport Industrial Property Unit Trust) has acquired Tesla’s Crawley base for £5m.
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OakNorth backs Axis Retail Partners with a £20.5m loan
OakNorth has provided Axis Retail Partners with a £20.5m loan to support its acquisition of St George’s Shopping Centre.
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Two new occupiers move into Paddock Wood distribution centre
Two companies have taken a combined 72,000 sq ft of space at Paddock Wood, Logicor’s Tonbridge distribution centre in Kent.
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L&G buys BTR site in Peterborough for £25m
Legal & General has acquired a suburban build-to-rent (SBTR) scheme in Great Haddon, Peterborough, which will deliver 117 new family rental homes.
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Palace Capital buys Maidenhead office block
Palace Capital has paid £10.25m for an office building in Maidenhead, Berkshire.
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Nike Unite opens at Gunwharf Quays
Landsec has announced that Nike will open Nike Unite Portsmouth at Gunwharf Quays, the brand’s community-focused concept that helps “connect people with sport”.
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South East experienced strongest recovery in the fourth quarter
The South East led the UK’s strong economic recovery in 2021, but growth across the country is now expected to slow sharply, reveals the UK Powerhouse report by Irwin Mitchell and Centre for Economics and Business Research (Cebr).
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Martin’s completes string of South East deals worth £28.5m
Martin’s Properties has completed a flurry of deals with a combined value of around £28.5m.
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Workspace operator Clockwise expands in Southampton
Workspace operator Clockwise is set to open a new hub in Southampton.
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South East offices saw £4bn injection in 2021
The South East office market saw £4bn of investment last year, a record for the region, according to Knight Frank research.
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Portsmouth’s largest workspace secures 11,259 sq ft lettings deal
Portsmouth’s largest workspace Lakeside North Harbour has secured a 11,259 sq ft lettings deal with insurance broker Markerstudy Broking.
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Fortwell Capital provides £14m loan for Crawley logistics development
Fortwell Capital has agreed a £14.4m loan to Arcus PDC to fund the development of a logistics scheme in Crawley.
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Oxford University receives consent for redevelopment of Hertford College
Oxford University has secured planning and listed building consent for an extensive redevelopment of Hertford College.
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Sovereign Centros hires senior asset and development manager
Sovereign Centros has appointed Iain Minto as a senior asset and development manager to work across a variety of retail, leisure and development projects.
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Frontrunner for The Grafton centre pulls out
Property developer Native Land’s plans to acquire The Grafton shopping centre in Cambridge from Legal & General have fallen through, Property Week understands.
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M&G acquires senior living developments in South East for £69m
M&G Real Estate has acquired two senior living developments managed by Birchgrove Holdings in the South East for £69m.
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Hanovia signs new lease at Slough Trading Estate
Hanovia has agreed a deal to lease additional space at SEGRO’s Slough Trading Estate.
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LondonMetric snaps up Savills IM’s urban industrial assets for £122m
LondonMetric has acquired Savills IM UK Income and Growth Fund in a corporate transaction valued at £122.2m.
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Landsec completes £172m deal for Lendlease’s Bluewater stake
Landsec has confirmed the purchase of Lendlease’s 25% share in Bluewater Shopping Centre in Kent for a knockdown price £172m.