Bridget O’Connell
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West End office rents break £100 per sq ft barrier
Rents at a West End office building have gone through the £100 per sq ft barrier. Finance company Nevsky Capital has agreed to pay £107.50 for the top floor of…
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Royal British Legion to sell London HQ
The Royal British Legion is selling the freehold of its Pall Mall headquarters in central London. Haig House, 48 Pall Mall, SW1, will be sold when The Legion vacate the…
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Dave Wells Properties set to expand portfolio
A major South East private landlord is set to expand its property portfolio after agreeing to a £70m lending facility with Barclays.
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Slough secures series of lettings across Europe
Slough Estates International announced today that it has agreed more than 758,000 sq ft of pre-lets across its European portfolio. The group said the flurry of activity underlined its position…
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EEPF invests in Bulgaria and Turkey
Eastern European Property Fund (EEPF) has spent €14m (£9.38m) acquiring properties in Bulgaria and Turkey. The fund entered the Bulgarian market with the purchase of a €4.8m (£3.22m) mixed-use scheme…
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CBRE to sell Trammell Crow stake in Savills
CB Richard Ellis (CBRE) is to sell Trammell Crow’s 19.2% shareholding in Savills. Following the completion of CBRE’s acquisition of Trammell Crow yesterday, it has decided to end the “strategic…
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Jones Lang LaSalle Hotels reports buoyant trade
Jones Lang LaSalle Hotels has reported a 38% rise in global hotel transactions which are expected to hit $70bn (£35bn) by the end of the year making 2006 the strongest…
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Terrace Hill secures House of Fraser HQ deal
Terrace Hill, the AIM-listed property group, has confirmed that it is the successful bidder for House of Fraser’s headquarters in London’s Victoria, with an offer believed to be over £60m.
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Dolphin Capital makes maiden acquisition in Crete
Dolphin Capital Investors (DCI) is making its first investment in Crete by purchasing the majority share in a residential resort development.
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Ware’s Conygar reports bumper pre-tax profits
Former MEPC director Robert Ware’s company Conygar has reported a 123% increase in pre-tax profits for the year to 30 September 2006.
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Rok spends £10m on Wilmslow office park
Rok Development has bought Wilmslow Business Park from Legal & General for more than £10m. The deal for the business park, just outside the centre of the Cheshire town, brings…
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Brixton sells stake in Brum trading estate for £35m
Brixton has sold its stake in the Vaughan Trading Estate at Tipton, Birmingham, to the Kenmore Group for £35.75m. The 40.7-acre estate provides around 802,000 sq ft of industrial, warehouse…