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» Chronological View: " UK " «

Hortons’ Estate announces investment plans for the Grand Hotel in Birmingham

Hortons’ Estate announces investment plans for the Grand Hotel in Birmingham

The redevelopment of The Grand, in Birmingham, will be completed with the opening of a 180-bedroom hotel. Hortons’ Estate, owner of the Grade II* listed building on Colmore Row, has signed a conditional partnership agreement with the Principal Hotel Company, which owns and operates 39 hotels across the UK. The hotel at The Gr...
Friday, 26. May 2017

Former Port of London Authority HQ transformed into Four Seasons Hotel London

Aukett Swanke has completed the conversion of the former headquarters of the Port of London Authority at Ten Trinity Square, into a hotel and residences, which launched on the 25th of May 2017. As lead architect, Aukett Swanke coordinated a large project team including six interior designers for different areas of the buildin...
Friday, 26. May 2017

Europa Capital and Ediston Real Estate acquire Glasgow retail warehouse park

Europa Capital and Ediston Real Estate have acquired Auldhouse Retail Park, Glasgow from Aviva Investors. Located close to the city centre, the property provides 116,656 sq. feet of retail warehouse accommodation across seven units. This Open Class 1 retail park is fully let to national retailers, including Homebase, Aldi, Pe...
Friday, 26. May 2017
Maxim Office Park secures Balfour Beatty a new tenant

Maxim Office Park secures Balfour Beatty a new tenant

Maxim Office Park has secured infrastructure group Balfour Beatty as a major new tenant. Balfour Beatty is taking approximately 43,600 sq ft across three levels in the ‘Maxim 7’ building on a ten year lease. Fit-out works have recently completed and staff are currently taking occupation. The move sees the consolidation of sev...
Friday, 26. May 2017

Topland issues €172m of new loans in 2017

Topland Group’s structured finance division has issued €86 million (£75million) of new loans and joint venture funding focussed on non-residential assets during the first quarter of 2017. This, alongside some €86 million (£75million) of residential lending, puts it on course to hitting its target of €459 million (£400 million...
Friday, 26. May 2017

Hammerson disposes of Westwood and Westwood Gateway Retail Parks in Thanet

Hammerson has exchanged contracts for the sale of Westwood and Westwood Gateway Retail Parks in Thanet, to clients of BMO Real Estate Partners for €94.1 million (£80 million), having transformed the retail offer since acquisition and significantly increased rents. The retail parks, covering a total of 24,900 m², are located i...
Friday, 26. May 2017
Exchange Place 1 changes hands in €54.5m deal

Exchange Place 1 changes hands in €54.5m deal

Exchange Place 1, part of a trio of Grade A city centre offices in Edinburgh's financial hub, has been sold for €54.5m (£47m) to a German investment fund. Exchange Place 1 has been bought by GLL Real Estate Partners Pan European Property Fund for €54.5m (£47m) with GVA James Barr acting for GLL. The sale, together with the sa...
Wednesday, 24. May 2017

Topping out ceremony celebrated at the New Walk development in Leicester

A €34.8 million (£30 million) office, residential and retail development in the heart of Leicester is already sowing the seeds for a new professional business quarter in the centre of the city, according to the scheme's developer. Roy Coley, managing director of property developers Sowden Group, said the 115,000 sq ft New Wal...
Wednesday, 24. May 2017

Planning secured for revitalising Global Holdings' 21 Soho Square

Global Holdings Group, advised by Gerald Eve, has secured planning permission from Westminster City Council for an extension and recreation of 21 Soho Square and 3-11 Sutton Row designed by award-winning architects Buckley Gray Yeoman. The decision gives the go-ahead for a combination of roof extensions, terraces on the upper...
Wednesday, 24. May 2017

The Club Company purchases Witney Lakes Resort

Country club owner and operator The Club Company has purchased the Witney Lakes Resort. The purchase completed on 16 May and now brings 13 clubs into The Club Company portfolio. Located on the edge of the Cotswolds, Witney Lakes Resort boasts a stunning 18-hole lakeland-styled golf course with state-of-the-art leisure facilit...
Wednesday, 24. May 2017

Private investor purchases Oxfordshire office investment

A private investor, advised by Avison Young, has acquired Balliol House at Banbury Business Park, Banbury. The property is a refurbished single-let headquarters office building located at the entrance to Banbury Business Park, offering 46,994 sq ft of accommodation. The occupier, Dematic Limited, have taken a new ten year lea...
Wednesday, 24. May 2017

NorthStar Realty Europe Corp. and CRL partner to acquire 20 Gresham Street in London

NorthStar Realty Europe Corp., partnered with China Resources Land Limited (CRL) to acquire 20 Gresham Street, a trophy office building located in the City of London, for approximately £300 million from AXA Investment Managers. The acquisition represents CRL's first real estate investment in Europe. NorthStar Realty Europe i...
Wednesday, 24. May 2017

LondonMetric sells retail asset in Loughborough for €37.7 million

LondonMetric Property has sold its Morrisons food store in Loughborough for €37.7 million (£32.5 million), reflecting a NIY of 4.25%. LondonMetric acquired the asset for €19.5 million (£16.8 million) in 2010 at a NIY of 5.72% and recently completed a comprehensive refurbishment and 12,000 sq ft extension at a cost of €9.2 mil...
Wednesday, 24. May 2017

The Crown Estate welcomes Cubitts to Jermyn Street in St James's

Cubitts, the designer and maker of spectacles and sunglasses, is coming to Jermyn Street in St James's. The eyewear brand has agreed a lease with The Crown Estate for a new store at 68 Jermyn Street, further enhancing St James's position as the home of British craftsmanship. Opening in July 2016, Jermyn Street will be the fou...
Wednesday, 24. May 2017

Worcester industrial units unveiled by Liberty and Stoford

Two new industrial units - known as Liberty 162 and Liberty 45 – speculatively built as phase one of a major €139.3 million (£120 million) development in Worcester have been unveiled by Liberty Property Trust and Stoford Developments. The units of 162,000 sq ft and 45,000 sq ft are the first to be built at the Worcester Six s...
Wednesday, 24. May 2017

Occupiers drive Sheffield office take up to 170k sq ft

Office take up in Sheffield for the first quarter of 2017 has totalled 170,000 sq ft – just 30,000 sq ft less than for the whole of 2016. Thirty-five companies relocated or moved into Sheffield between January and March this year with office space being snapped up in locations from newly built St Paul’s Place in the city cent...
Wednesday, 24. May 2017
Benson Elliot appoints Trish Barrigan as Managing Partner

Benson Elliot appoints Trish Barrigan as Managing Partner

Benson Elliot has announced a number of management changes to support the company's ongoing strategic growth and development. All changes will take effect from 1 January 2018. Marc Mogull will transition from his current role as Managing Partner to Executive Chairman and Chief Investment Officer. Trish Barrigan, who co-founde...
Wednesday, 24. May 2017