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Top stories from EGi – 28 May 2016

Commodity-Quay.jpegCommodity Quay filled

Blackstone has fully let Commodity Quay, E1, after signing technology and communications company Six Degrees Group to take the final 18,000 sq ft. The group has signed a 15-year lease for the new office, while extending its leasehold on the 22,000 sq ft it already occupies in the 140,000 sq ft building and committing to a 15-year lease.

Ashcourt to fund Leeds digs

BlackRock Real Estate has completed a forward-funding agreement with Hull-based Ashcourt Group for the development of a 239-bed student accommodation scheme in Leeds. Ground work on the Cavendish Road site,  near the University of Leeds and Leeds Beckett University campuses, has begun and completion is targeted for August 2017, in time for the start of the 2017-18 academic year.

Acton Gardens homes get OK

Countryside and L&Q have received planning permission from Ealing Council for 308 homes in phase six of the Acton Gardens development in west London. The £600m regeneration of Acton Gardens – one of the largest estate projects in the country – will replace 1,800 properties with a new urban village of more than 2,500 homes and 39,400 sq ft of social and community facilities.

Shaftesbury appoints Nicholls

Shaftesbury has appointed Jonathan Nicholls, a non-executive director at Great Portland Estates, as chairman from 1 September. He will assume the role at the property firm on 1 October, succeeding Jonathan Lane, who is retiring.

Peachy joins Montagu Evans

Montagu Evans has hired JLL’s former head of retail capital markets, Adrian Peachey, as a partner, starting in July. Peachy previously worked at Churston Heard before its acquisition by JLL in 2008.

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