Karl Tomusk
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Warehouse REIT purchases £18.25m portfolio
Warehouse REIT has purchased an £18.25m portfolio of seven industrial assets in the North West from a private investor, reflecting a net initial yield of 7%.
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L&G buys Exeter student blocks
LGIM Real Assets has bought five student accommodation blocks and an academic facility at Exeter University for £76m, on behalf of two separate funds.
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European office rents to rise, but London sees fall in growth
Prime European office rents are expected to rise 4.9% in 2017 as occupiers continue to focus on the top end of the market, according to Savills research. Rents in business…
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New Gazeley chief executive appointed as GLP takes over
Gazeley has announced its new chief executive as GLP completes its €2.4bn (£2.1bn) acquisition of the European logistics platform.
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Civitas buys £116m supported living portfolio
Civitas Social Housing has bought a £116.6m portfolio of supported living and mental health properties across the UK
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BNP PRE appoints new board members
BNP Paribas Real Estate has appointed three members to its executive board, including UK chief executive Andy Martin.
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Quintain appoints office agents at Wembley Park
Quintain has appointed Cushman & Wakefield, Dowley Turner and Savills to market more than 630,000 sq ft of office space at Wembley Park, north-west London
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GreenOak debt fund raises €600m
GreenOak has raised €600m (£529m) for its GreenOak Europe Secured Lending Fund
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F&C snaps up Bristol office block
F&C Commercial Property Trust has acquired One Cathedral Square in Bristol for £33.5m from Castleforge Partners
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CapCo in £79m Covent Garden buy
Capital & Counties has bought the long leasehold interest in 15-17 Long Acre and 27b Floral Street, WC2, for £79m – a yield of about 4.3%.
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Lewisham picks Grainger for New Cross scheme
Grainger has been selected as the preferred bidder for a partnership with Lewisham Council to develop and own 232 private rented homes
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UK industrial take-up falls by 55%
UK industrial take-up fell 55% year-on-year in the third quarter despite the manufacturing sector making a resurgence, according to Cushman & Wakefield.