All Deals articles – Page 7
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News
Regal London secures flex office provider for speculative Watford offices
Regal London has secured its first letting at its 173,000 sq ft speculative office development in Watford, signing flexible office provider YoooServ for 16,975 sq ft.
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Online
Siruis raises £146m to fund UK and German deals
Sirius Real Estate has raised £146.6m to fund a pipeline of acquisitions in the UK and Germany.
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Mills & Reeve swaps Colmore Row office for Paradise Birmingham
Law firm Mills & Reeve is swapping its Colmore Row office in Birmingham for a bigger space at MEPC’s landmark One Centenary Way.
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Halfords snubs £1.4bn Redde Northgate merger offer
High street bike and car repair giant Halfords has rebuffed a £1.4bn merger approach from van rental firm Redde Northgate.
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Brookfield shelves plans to sell Center Parcs
Brookfield is reported to be rethinking its plan to sell holiday resort group Center Parcs after failing to find a buyer willing to meet its £5bn price tag.
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Lloyd’s of London on brink of long-term deal to remain at City HQ
Lloyd’s of London is on the brink of striking a long-term deal to remain in its landmark City headquarters One Lime Square.
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Torsion Group forms joint venture to deliver £90m Leeds BTR scheme
Leeds-based real estate company Torsion Group has announced the sale of 50% of the freehold and share of its Leeds build-to-rent (BTR) scheme with a GDV in excess of £90m.
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Confectionery giant Mars agrees £534m takeover of Hotel Chocolat
Confectionery giant Mars has agreed a £534m deal to take over chocolate manufacturer and retailer Hotel Chocolat.
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Selfridges taken over by Thai co-owner Central Group
The iconic London department store Selfridges has been taken over by co-owner Central Group as former 50% shareholder Signa Group struggles financially.
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Oryx acquires £25m Milton Keynes logistics site
Investment and asset manager Oryx Investment Partners has bought a five-acre logistics site in Milton Keynes with an estimated development value of £25m to £30m.
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Eat Work Art takes over ex-WeWork building to launch Hackney workspace for creatives
Creative workspace provider Eat Work Art has been awarded the leasehold of a former WeWork building in Hackney, east London, where it will open its latest location for the creative industries.
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Online
Aroundtown sells Hyde Park Hilton for possible resi conversion
German real estate investor Aroundtown has sold the Hilton London Hyde Park hotel in London to an unnamed Dubai-based family office advised by MGI Holdings, for a price believed to be close to £50m.
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Online
IKEA owner buys Brighton shopping centre for around £150m
The business behind retail giant IKEA is understood to have paid fund manager abrdn £145m for Brighton’s main shopping centre, Churchill Square.
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Online
Government puts £1.1bn Covid ‘Megalab’ on sale at less than build cost to taxpayer
The government has put a Covid ’megalab’ in Leamington Spa up for sale at a price believe to be less than the £1.1bn taxpayers paid to build it.
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Online
Downing LLP invests £27m into residential care businesses
Investment manager Downing has invested £27m in three elderly residential care businesses.
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News
HUB and Bridges plan resi conversion for £39m Aldgate office purchase
HUB and Bridges Fund Management have bought a central London office block in Aldgate for £39m with plans to convert it into a residential scheme.
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News
Galliard and City Developments JV buys massive Morden Wharf site
Mixed-use developer Galliard Homes has acquired the 13.8-acre Morden Wharf site in London’s Royal Borough of Greenwich to develop around 1,500 homes, in a joint venture with City Developments Limited (CDL), Property Week can reveal.
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Mace launches £56m PBSA asset in Oxford to the market
Construction and consultancy company Mace has brought a purpose-built student accommodation (PBSA) freehold asset in Oxford to the market, seeking offers in excess of £56m.
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M Core acquires multi-retail centre portfolio for £35m
M Core has completed the acquisition of a multi-retail centre portfolio, comprising eight retail parks and convenience stores, for £35m as part of its expansion drive.
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Signa’s financial woes could trigger Selfridge sale
The ownership of iconic London department store Selfridges has been plunged into doubt after co-owner Signa Group fell into financial crisis.