London
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CLS exchanges on £100m Vauxhall PBSA development
CLS has exchanged on the sale of Spring Mews student accommodation development in Vauxhall, SE11, to Rosethorn Capital Partners and Barings for £101.1m. The purchase price is in line with…
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Allfunds jumps ship to Southbank
Fintech company Allfunds has signed a lease with Fore Partnership to prelet space at its TBC.London development on the Southbank. The deal will see the company take around 16,500 sq…
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Aldgate office tower sells for 25% ahead of asking price
Private clients of Sumitomo Mitsui Trust Bank have bought One Portsoken Street in Aldgate, E1, for more than £160m, marking the largest transaction in the City of London so far…
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Queer Britain launches search for expanded LGBTQ+ museum
The charity Queer Britain is reaching out to London boroughs, developers and the real estate industry in a bid to find a new, larger home for its LGBTQ+ museum. Queer…
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True Capital pulls deal to buy Mark’s Borough Yards
London-based private equity firm True Capital has withdrawn from purchasing Borough Yards, SE1, from European real estate investment manager Mark. True Capital was set to pay £132m but later reduced…
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L&G forms resi JV with Japanese developer Nomura
Legal & General has formed a partnership with Japanese developer Nomura Real Estate Development to deliver more than 1,000 build-to-rent homes. The joint venture has been launched with the acquisition…
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SEGRO and Pure DC form JV for £1bn data centre
SEGRO and Oaktree-owned Pure Data Centres Group have teamed up to develop a £1bn, 56MW fully fitted data centre. The joint venture project at Royal Park in West London, SEGRO’s…
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London Square boss on repurposing, regenerating and renewing
Ahead of its 15th anniversary, developer London Square has just acquired its 14th site since it was taken over by Abu Dhabi-based Aldar Development. The London-based company targets regeneration sites…
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LPA calls for change in funding London’s transport infrastructure
The London Property Alliance has called for chancellor Rachel Reeves to adopt new funding models ahead of the Spring Statement on 26 March. The trade body says a fresh approach…
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British Land to reposition Broadgate Tower
British Land has revealed plans to reposition its Broadgate Tower, a 34-storey office building at the Broadgate campus in the City of London. The redevelopment will add three storeys and…
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GPE picks up West End development site
GPE has bought a new headquarter development site close to London’s Oxford Street from CC Land. The investor-developer has acquired Cypress Dynasty, which in turn holds the freehold interest in…
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Singaporean CDL’s £110m Shoreditch development brought to market
Singaporean investor City Developments has brought its freehold interest in a consented development opportunity in Shoreditch to market. It acquired Development House, located at 56-64 Leonard Street, EC2, from Ethical…