Surrey
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Regional deals – 4 March 2017
A round-up of notable deals from around the UK
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National Grid Pension Fund buys Buttermarket Centre for £54.7m
The National Grid Pension Fund has completed the purchase of the Buttermarket Centre, Ipswich, from Capital & Regional and Drum Property for £54.7m – a yield of 5.9%
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CLS acquires office portfolio
CLS Holdings has bought a portfolio of five UK properties from a private investor for £31.4m – an 8% yield.
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Commuter belt needs to join housing fight
Councils and residents seem quite happy to benefit from the capital’s prosperity but unwilling to help meet its housing need
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London Square buys Surrey site for over £20m
Tadworth former playing field sold by Surrey and Banstead councils
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Negrini ‘shames’ developers
Council chief says borough’s image is an ‘albatross’
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Croydon appoints place review panel
Croydon Council has appointed a panel of experts to review and guide proposed developments in the borough.
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Woking £400m Victoria Square loan tops tables
Woking Council is borrowing £400m of low interest public funds to invest in its Victoria Square regeneration.
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Surrey council buys shopping centre for £86m
Capital & Regional has sold The Mall in Camberley to Surrey Heath Borough Council for £86m
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Woking three resi towers approved
Wilmott Residential’s brand Prime Place won permission from Woking councillors for its scheme, which includes 10,000 square metres of offices, shops and a gym.
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ISS takes 15-year lease at Velocity One
Orchard Street Investment Management has agreed a new 15-year lease with ISS Facilities Services, a global Nasdaq listed firm, at Velocity One in Brooklands, Weybridge.
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U+I plots over 1,000 homes for rent in South East
U+I has submitted plans to deliver more than 1,000 homes for rent across four mixed-use regeneration schemes in the South East