Amber Rolt
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Savills sale transcends politics
Savills achieved its highest success rate so far this year, 89%, just three days after the shock election result that saw a decisive Conservative victory.
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Auctions in brief – 23 May
Paul Fosh raises £2.5m and a strong start for Lansdowne
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LSH flush with alternative asset success
A former public lavatory in Lambeth, SE27, sold for more than twice its guide price at the most recent Lambert Smith Hampton sale.
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Belfast city council strikes new office deal
Belfast city council has agreed to purchase the Clarendon House site on Adelaide Street and develop a new 100,000 sq ft office building in a £24.7m deal with McAleer &…
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M&L Hospitality beds down at Heathrow
Singapore REIT M&L Hospitality has continued its push into the UK with the purchase of the Arora Hotel Heathrow in a £45m deal
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Standard Life retail parks on the block
Standard Life Investments has appointed Strutt & Parker to sell a pair of retail parks in its Pooled Pension Property Fund and UK Shopping Centre Trust valued at £127.5m.
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Goldman jv to reserve K+K Hotels portfolio
Austrian group K+K Hotels is closing in on a sale of its €350m (£253m) hotel business
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Blackstone sells a £51m round of Max pubs
Blackstone has begun recycling the assets from its 2014 takeover of Max Property Group with a £51.8m sell off
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F&C in strong for BL Hercules Park
British Land is close to selling the largest retail park in the £1.5bn Hercules Unit Trust for £170m.
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Starboard steers for UK hotels
Starboard Hotels has secured a €32.6m (£23m) sale and franchise-back deal with Accor for seven hotels
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M&G snaps up Ayr Central
M&G Real Estate has bought the Ayr Central shopping centre in Scotland for £35m – a 6% yield
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Crown Estate to pay Living Wage
The Crown Estate is the first national property business and landowner to become accredited as a Living Wage employer