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» Chronological View: " Western Europe " «

Aviva Investors acquires freehold interest in office development in Manchester

Aviva Investors acquires freehold interest in office development in Manchester

Aviva Investors has agreed to forward fund the development of Eleven York Street in Manchester having acquired the freehold interest in the site from Kier Property, the development arm of Kier Group. Kier Property and Aviva Investors will work in partnership to deliver the 85,000 sq ft office development. Will Kennon of CBRE ...
Friday, 23. February 2018

ISS sells its landscaping business

ISS focuses on core business through divestment of landscaping activities. ISS UK Limited today has exchanged contracts to sell its Landscaping Business to Tivoli Group Limited, a company backed by Sullivan Street Partners. The divestment is in line with ISS’ overall strategy and will see the transfer of around 1,100 operati...
Friday, 23. February 2018

InfraRed sells £320m UK industrial portfolio to Blackstone and M7

InfraRed Capital Partners, on behalf of its Active Real Estate Fund III, has recently exchanged contracts to sell approximately £320m of UK light industrial assets to Blackstone Group LP and M7 Real Estate. The transaction reflects a net initial yield of approximately 6.3% after allowing for rental guarantees.
Friday, 23. February 2018

Hansteen Holdings appoints Jim Clarke as independent non-executive Director

The Board of Hansteen announces the appointment of Jim Clarke as an independent non-executive Director with effect from 27 February 2018. Clarke, a Chartered Accountant, has extensive board experience of listed companies in the property and leisure sectors. Until July 2017, he was Group Chief Financial Officer of Countrywide ...
Friday, 23. February 2018

Sanderson Weatherall moves to Central Square

Sanderson Weatherall has completed a move to the £100 million(c. €113.4 million) Central Square development on Wellington Street in Leeds city centre. The team of 80 has moved in to the prime grade A office space on the sixth floor of the landmark development. The firm has also relocated its residential estate agency to a gro...
Friday, 23. February 2018

Guillaume Sottil appoints Head of Corporate Devekopment at BNPPRE

Guillaume Sottil is appointed Head of Corporate Development at BNP Paribas Real Estate, effective February 2nd 2018. In his new role, he will be in charge of originating and executing external growth opportunities, of monitoring the market and competitors’ activity, as well as supporting the implementation of key strategic in...
Thursday, 22. February 2018

Inspired Villages acquires later living scheme in Leeds

Inspired Villages Group has acquired Ledian Farm, Leeds Village in Kent. The seven acre site, which comes with a detailed planning consent for a retirement village, is expected to have a Gross Development Value of in excess of £50m (c. €56.57m) and provide over 115 homes when built. Located close to Leeds Castle, it has an a...
Thursday, 22. February 2018

Turcan Connell relocates to St Vincent Street in Glasgow

Legal firm Turcan Connell is more than doubling the size of its Glasgow office with a move to 180 St Vincent Street where it has taken the 4,804 sq ft ninth floor of the building at £24 (c. €27.15) per sq ft. The specialist private client firm was seeking a larger office space to meet rising client demand. Turcan Connell is e...
Thursday, 22. February 2018
Justin Garnett steps up at the Ogdeon Group

Justin Garnett steps up at the Ogdeon Group

Justin Garnett has been appointed as the managing director of leading Yorkshire property developer and investor, The Ogden Group of Companies. Forty-five-year-old Justin succeeds his father Tim Garnett, who is stepping down after 48 years with the Harrogate-based company. Although Tim is retiring as Managing Director, he will...
Thursday, 22. February 2018

LondonMetric completes repositioning of its Ipswich Retail Park with two further lettins

LondonMetric Property has exchanged contracts on the letting of the two final units at its Martlesham Heath Retail Park in Ipswich. Mountain Warehouse and Card Factory have agreed new leases on a subdivision of the existing Topps Tiles unit. It follows previous lettings agreed with Hobbycraft, Shoezone and Poundland, as well ...
Thursday, 22. February 2018
West Yorkshire industrial property market remains strong

West Yorkshire industrial property market remains strong

Knight Frank’s latest Logic Report reveals that the West Yorkshire industrial market is expected to continue to perform well into the first half of 2018 with a number of available units under offer. Over 700,000 sq ft of industrial/warehouse space was transacted across West Yorkshire during the second half of 2017 involving u...
Thursday, 22. February 2018

Harworth grows income with series of long-term lettings

Harworth Group plc has secured five new long-term lettings on its directly developed commercial space at three of its key sites in the North of England, setting new headline rents at each site and growing its recurring, high quality income base by over £1 million (c.€1.13 million) per annum. As a result of this activity, Harw...
Thursday, 22. February 2018

Round Hill Capital, Boelens de Gruyter, and G&S to develop new urban neighbourhood

Round Hill Capital, G&S Vastgoed, and real estate developer Boelens de Gruyter have acquired a location in Utrecht within the Merwede Canal Zone (Kanaalzone) urban renewal planning zone. The Utrecht City Council supports this residential development plan in order to meet the strong and increasing demand for housing in Utrecht.
Thursday, 22. February 2018
Samsung SRA returns to City of London with £320m office purchase

Samsung SRA returns to City of London with £320m office purchase

Samsung SRA Investment Management, the real estate investment arm of Samsung Life Insurance, returned to the City of London with a £320m (c.€372m) office deal. Long-term Korean investor has acquired the office property 200 Aldersgate from AshbyCapital. The London-based investment company purchased the landmark in 2013 for £22...
Thursday, 22. February 2018
Major Dublin office development gets underway

Major Dublin office development gets underway

A new large Grade A office development comprising over 26,000 square metres of net lettable floor area in two distinct office blocks has commenced construction in Dublin's prime Merrion Square area. The redevelopment of ESB's site on Fitzwilliam Street Lower, which is effectively an entire city block, was given the green ligh...
Thursday, 22. February 2018