Bouygues sings for Canary
French conglomerate Bouygues is in talks to lease the entire 146,000 sq ft vacated by EY at Becket House, 1 Lambeth Palace Road, SE1. Canary Wharf Group is subletting the offices in the Development Securities and Proprium-owned building after it took over EY’s lease as part of its 207,000 sq ft prelet deal at 25 Churchill Place, E14. Cushman & Wakefield is advising Canary Wharf Group; CBRE is acting for Bouygues.
Madame Tussauds for sale
Nick Leslau’s Secure Income REIT has appointed CBRE to explore options for the sale of the home of Madame Tussauds waxwork museum. The building on Marylebone Road, NW1, is expected to achieve a price of more than £320m. It is let to Merlin Attractions Operations for a further 27 years.
Kirsh plots new City block
The owner of the Tower 42 estate in the City of London has submitted plans for a 104,000 sq ft, six-storey office block at 15 Bishopsgate, EC2. South African tycoon Nathan Kirsh is also proposing 86,000 sq ft of shops at the Stiff & Trevillion Architects and Hyland Edgar Driver Landscape Architects-designed scheme.
Jupiter eyes Walbrook sale
Jupiter Properties, the Delancey and Ares Property Partners vehicle which bought out Minerva in 2011, has appointed CBRE and Knight Frank to sell the Walbrook Building, EC4. The 445,000 sq ft block is expected to attract bids well in excess of £500m.
No crystallisation in SE19
ZhongRong Group, the Chinese firm appointed to develop a new Crystal Palace, has missed the exclusivity period granted by mayor of London Boris Johnson. It had proposed rejuvenating the original palace as part of a £500m cultural destination development but has failed to submit a planning application.
