Louisa Clarence-Smith
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LondonMetric offloads Cabot portfolio warehouse for £24m
LondonMetric Property has sold a Tesco’s logistics warehouse in Bolton for £24.4m, reflecting a net initial yield of 5.35%.
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Redefine adds Peace to its board
Redefine International has appointed former British Property Federation boss Liz Peace as an independent non-executive director
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London loses European Medicines Agency and European Banking Authority
A competition was launched earlier this year for the relocation of the agencies, which have a combined staff of 1,000, from London after Brexit
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LaSalle closes LREDS III fund with more than £800m commitments
LaSalle Investment Management has announced the final close of its LaSalle Real Estate Debt Strategies III fund with £804m in commitments from a global investor base.
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Empiric agrees new £70m facility with Lloyds Bank
Empiric Student Property has agreed a new £70m revolving credit facility with Lloyds Bank.
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Hammond reveals 5 housing policies ahead of Budget
Chancellor Philip Hammond has pledged to build 300,000 homes a year as part of a series of government housebuilding policies revealed ahead of the Budget on Wednesday
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Norris changes role at BNP Paribas Real Estate
Steve Norris has stepped down as non-executive chairman of BNP Paribas Real Estate Advisory UK to take on the role of senior adviser.
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Dalian Wanda to offload One Nine Elms in $5bn asset sell-off
China’s Dalian Wanda is reportedly offering to sell five of its projects in the UK, US and Australia to a single buyer for around $5bn (£3.8bn)
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Tritax in £88m hat-trick of shed deals
The logistics investor is buying sheds in Harlow, Worksop and Carlisle in two equity-funded transactions.
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Standard Life fully lets Manchester’s One Marsden Street
Standard Life’s One Marsden Street in Manchester is fully let following a deal with industrial investment company A2E to take 2,600 sq ft in the 65,000 sq ft office building.
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Network Rail to sell £1bn arches portfolio
Network Rail has launched the sale of its £1bn arches portfolio, comprising around 5,500 properties in England and Wales
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Collaboration can help combat property’s public perception problem
There is no doubt the industry can do better, but collaborative projects promote what it is doing well