England
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Travelodge plans 15 UK hotel launches this year
Travelodge Group is set to open 15 new UK hotels this year. The company has already launched London Bromley and secured contracts for nine additional hotels to be rebranded and…
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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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Pioneer’s Wilton Centre expansion gets the go-ahead
Pioneer Group’s plans to deliver a freeport development scheme at its Wilton Centre in Teesside have been given the thumbs-up. The proposed scheme comprises 148,000 sq ft of space across…
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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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Wain Estates seeks developer for £50m West Midlands resi estate
Wain Estates has launched the hunt for a development partner who will bring forward a detailed scheme on the edge of the Shropshire village of Albrighton. It comes as the…
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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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Why 2025 will be a buying opportunity
COMMENT Although MIPIM is now in the rear-view mirror, there will have been two themes from the week in Cannes that stick in people’s minds. The first is the weather,…
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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London-based private equity firm True Capital has withdrawn from purchasing Borough Yards, SE1, from European real estate investment manager Mark.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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Henry Boot boss on building bigger and better
The chief executive of real estate group Henry Boot has mapped out his path to build “a bigger, better and more profitable business” as markets recover. Tim Roberts has led…
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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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Lettings hat-trick at Bedfordshire industrial estate
BrightBay Real Estate has signed a trio of occupiers at Bilton Way Industrial Estate in Luton, Bedfordshire. Cromwell Tools has taken a 10-year lease on a 16,700 sq ft warehouse;…