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State Street Corporation has appointed Andrew Allright as CEO of InfraHedge, the firm’s dedicated managed account business. Allright has been with InfraHedge since it launched in 2011 and has played a key role in growing the business. Allright will continue to lead a longstanding team comprising Ravi Raman, chief operating of...
To support its planned USD500 million (c. €439 million) investment in the European housing market, CA Ventures has appointed Carlo Matta, who will head the new London-based European division of CA Ventures, and Olaf Henschen, who will serve as managing director for developments in the Netherlands.
Get Living has announced a major recapitalisation ahead of its next ambitious growth phase. As part of this transaction, Delancey advised client fund DV4 Ltd and Oxford Properties have formed Delancey Oxford Residential (DOOR), a new co-investment platform with initial capital commitments of c. £600m (c. €673m). DOOR will tak...
Yorkshire Artspace has acquired Exchange Place Studios, purchasing the whole of the building for an undisclosed sum. Located in Sheffield's historical Castlegate, the 6-storey building provides affordable workspace to 85 artists and makers: including painters, printers, jewellers and woodworkers, all part of the creative resu...
Synthace Ltd has become the latest life sciences company to sign up with Stanhope, Mitsui Fudosan and AIMCo and move to the WestWorks building at White City Place. The announcement follows the news that Autolus has chosen to relocate to White City Place, and consolidates its reputation as a new hub for rapidly scaling life sc...
Edinburgh’s commercial property market secured a busy quarter of office occupier take-up, despite levels of supply becoming critically low, according to data from JLL. Total take-up in Edinburgh reached 350,000 sq ft between April and June more than double the figure for Q1. This was spread across 45 deals, the largest being ...
Work on a new £10m (c. €11.2) hotel at Hamilton Park Racecourse has now begun, with Robertson Group to serve as lead contractor. Hampton by Hilton Hamilton Park will feature 118 rooms and is to be built on land previously used as a car park for racecourse guests. Planning approval was granted by South Lanarkshire Council in ...
The Digital Hub has selected CBRE to provide outsourced integrated facility management services throughout its extensive campus site located in The Liberties area of Dublin 8. Following a competitive public tendering process (across the EU), the contract was awarded to CBRE Global Workplace Solutions. The appointment of CBRE...
Gregory Property Group has started development to deliver 150,100 sq ft of new production and distribution space, on an 11-acre brownfield site, close to Junction 32 of the M62 motorway between Castleford and Pontefract. The local developer has agreed a building contract with Marshall Construction to deliver the £15m (c. €16....
Belfast Harbour, which operates Belfast Port, has acquired Obel 68, a 52,000 sq. ft. Grade A office investment on Belfast’s waterfront, in a transaction in excess of the £15m (c. €16.8m) asking price, the commercial property agents Lisney reveal.
Carter Jonas has sold a significant residential development opportunity on behalf of a consortium of private landowners to Abbey New Homes for in excess of the £12 million (c. €13.44 million) asking price. The 15.49 acre (6.27 hectare) former agricultural site on the northern edge of Stoke Mandeville in Buckinghamshire has ou...
The Mizen Group in association with St Mark Homes have just undertaken the topping out ceremony of the Mizen Tower at the 14 storey building at 56-66 Gwynne Road, Battersea, London SW11 they are currently developing. The building will comprise 34 one, two and three bedroom residential units above basement, ground and mezzanin...
CBRE has promoted Paul Hawtin, CBRE’s Head of UK HR, to Head of EMEA HR, effective from January 1, 2019. Hawtin will succeed Simon Woodhams, who is retiring from the firm at the end of 2018 following a 24 year career at CBRE. Since joining CBRE in 2015 as an Executive Director and Head of UK HR, Hawtin has overseen the imple...
With the sale of two Warsaw office buildings and the acquisition of the approximately 12,800 sq m Crossrail Over-Site Development (OSD) at Farringdon West, HB Reavis completed two major deals. The international workspace provider sold the 53,000 sq m buildings C and D, which are part of Gdanski Business Center scheme, to Savi...
Saco Property Group has acquired two sites in Southwark, London and the North Docks, Dublin, aiming at developing two more Locke aparthotels. The 70,000 sq ft Tower Bridge Road site, to be called Bermonds Locke, is due to open in Spring 2020. The aparthotel will comprise 142 keys, comprised of 99 studios and 43 one beds. Th...
A £1m (c. €1.1m) refurbishment of a 20,000 sq ft Barnsley warehouse has reached completion. Overseas investors bought J38 Industrial Estate at Darton, near Barnsley, which comprises 215,000 sq ft of space across 16-acres, back in April 2017 with South Street Capital asset managing on their behalf. The £950,000 (c. €1.1m) work...
Drum Property Group has submitted plans for a £50 million (c. €56 million)proposal to transform 2.9-acre Stead’s Place site, a section of Leith Walk, into a “vibrant” new mixed-use scheme. The plan includes residential housing, student accommodation and hotel, restaurant, café and retail units. The site has been earmarked for...
Allianz Real Estate and Brookfield have refinanced Blackstone’s St Katharine Docks on 50 St Katharine's Way, London, in a deal coordinated by HFF Real Estate Limited. Allianz as senior lender arranged the senior facility on behalf of a number of Allianz Group insurers. Brookfield - through the Brookfield Real Estate Finance F...