Julia Cahill
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Safeway loses rent review battle with L&G
Safeway has lost a rent review battle with Legal & General in the latest round of the long-running war between supermarkets and their landlords.
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BAA Lynton seeks operator for Heathrow T5 hotel
The 600-bedroom hotel (pictured) to be built by BAA Lynton at Heathrow’s terminal 5 needs an operator. BAA’s commercial property arm received outline consent for the scheme from Hillingdon council…
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Power Europe buys land for Cannock distribution hub
Exel’s logistics operator, Power Europe, has paid Morston Assets £7.8m for 23 acres of land alongside the new M6 toll road.
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Grainger Trust sells commercial portfolio for £19.45m
Grainger Trust has sold a commercial property investment portfolio to a private trust represented by Southern Property Group for £19.45m. The portfolio comprises six properties including a 27,000 sq ft…
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Capital & Regional sells Cannock retail park
Norfolk-based development and investment company Morston Assets has purchased Wyrley Brook Retail Park, Cannock, for £15.3m from Capital & Regional. The deal reflects an initial yield of 6.75% and a…
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Islamic fund Al Manar buys office portfolio from Morley
Sharia-compliant investment vehicle Al Manar has bought a portfolio of offices from Morley as part of its drive to build up a £250m UK fund.
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Burlington ownership case adjourned after two days
The long-awaited High Court battle over the rights of occupation of five learned societies at their central London home was adjourned on Wednesday after just two days.
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LandSec Trillium enlists Rotch to strengthen Aviva portfolio bid
Land Securities Trillium is in talks to team up with Rotch to bolster its bid for Aviva’s 6m sq ft portfolio.
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Rotch roped in to ratchet up Aviva portfolio offer
Presale talks show LandSec counting chickens before bid hatches. Land Securities Trillium is in talks to team up with Rotch to bolster its bid for Aviva’s 6m sq ft portfolio.
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SEEDA picks agent panel for regeneration advice
Six agents have been chosen to sit on a committee advising on some of the UK’s biggest regeneration projects. They will advise the South East England Development Agency (SEEDA), which…
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Hammerson gets go-ahead for Thanet retail park
Hammerson has been given planning consent for an 80,000 sq ft (7,500 sq m) retail park in Thanet, Kent which went to public inquiry last year.
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DVLA plans 1m sq ft portfolio outsourcing
The Driver and Vehicle Licensing Agency has revealed plans to outsource its entire property portolio. It wants to cash in on over 1m sq ft of accommodation, 700,000 sq ft…