Louisa Clarence-Smith
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Manchester business park sold for £20.5m
Barwood Capital and db symmetry have sold a 107,000 sq ft business park near Manchester Airport to Squarestone Growth for £20.5m – a net initial yield of 8.57%
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Barings provides £54m to finance Maida Vale scheme
Barings Real Estate has provided a £53.9m development loan facility on behalf of an institutional investor to Meadow Partners for the development of Hathaway House, a mixed-use scheme in Maida…
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First Property Group AUM up 31%
First Property Group has seen its funds under management grow 31% to £625m on the back of strong UK investment activity according to its financial year-end trading statement
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WeWork joins forces on £580m Devonshire Square deal
Wework agreed a three-way partnership to acquire Devonshire Square outright for about £580m.
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Square Mile backs financial hubs in Birmingham, Leeds and Cardiff
The Square Mile is set to strengthen business ties with Birmingham, Leeds and Cardiff as part of a plan to help regional cities to attract new occupiers and build international…
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Blackstone may pull £430m City offer as market softens
Blackstone is considering withdrawing the £430m sale of its 125 Old Broad Street, EC2, office as sellers readjust their expectations in a softening market.
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The South Korean investors eyeing up UK opportunities
South Korea’s largest institutions have returned to the London office market with almost £1bn committed so far this year as they seek to take advantage of a “window of opportunity”…
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First deals agreed at new Canary Wharf district
Canary Wharf Group has agreed the first leasing deals at its Wood Wharf development with The Office Group and Ennismore
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Berkeley Research Group in at 8 Salisbury Square
US-based consulting firm Berkeley Research Group is to set up a new London office in Greycoat and Cheyne Capital’s 8 Salisbury Square, EC4.
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Instant appoints MD to oversee flexible workspace platform
The Instant Group has appointed a former Vodafone global head of business development as managing director of its online platform for flexible workspace.
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Sagi’s LabTech confirms £200m Holborn acquisition
Teddy Sagi’s LabTech has confirmed its £200m acquisition of 90 High Holborn, WC1, from Malaysian fund Permodalan Nasional Berhad
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Telereal Trillium announces executive reshuffle
Telereal Trillium’s chief executive Graham Edwards is to become executive chairman, with joint managing director Russell Gurnhill taking on the chief executive role