Here’s a wrap-up of some of the most popular stories on EG from the past week.
Dorrington has bought five interlinked office buildings on London’s largest garden square. Aviva Investors started exploring a sale of 15-23 Lincoln’s Inn Fields, WC2, earlier this year. The new owner will now aim to revamp the buildings with “a 21st century x factor”.
Dorrington buys Midtown offices from Aviva Investors
The team at Schroder REIT has said a flat portfolio valuation over the start of this year is a sign that the real estate market is about to turn a corner. Fund manager Nick Montgomery told EG: “I think there’s a more realistic sense of cautious optimism looking to the end of this year and into next.”
Schroder REIT says ‘nascent recovery’ for real estate is here
Schroders boss’s guide to green shoots
M&G has appointed Acre Real Estate to market Aviva’s York HQ for offers over £13m. The 69,351 sq ft Moorside Monks Cross office is being pitched to potential buyers as a residential redevelopment opportunity.
M&G puts Aviva’s York headquarters up for sale
Vistry Group has agreed terms with Blackstone’s real estate arm and Regis Group for the acquisition of a portfolio of new-build homes with a gross development value of around £580m. The portfolio, which is concentrated in the south-east of England and is largely plots from Vistry’s former housebuilding landbank, consists of some 1,750 homes across 36 Vistry developments.
Vistry agrees £580m portfolio sale to Blackstone and Regis
Prologis UK has partnered with supply chain specialist Visku to launch a flexible warehousing offer. Called Flexxtra, the warehouse-as-a-service model allows businesses to outsource short-term warehousing space on an as-needed, pallet-by-pallet basis.
Prologis launches flexible warehouse leasing offer
Other stories you might have missed:
Mission Street on moving science to the heart of the city
Should we all be a little more like the Sage of Mayfair?
Landsec looks to the Futures as social mobility programme gains traction
Investing for social value: ‘be bold, be brave’
Global real estate values have reached a turning point, says PGIM
City and Docklands office deals underline occupiers’ shift east
London super-prime resi market suffers as election looms
Secret London tunnels project set for Square Mile sign-off
For your listening pleasure from EG’s Property Podcasts
Supporting social mobility in real estate
The future of single-family housing: trends and predictions
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