News
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Quadrant names managing partner
Asset manager and developer Quadrant has promoted John Maddison to the role of managing partner, after almost a decade at the company as a partner. Maddison will work alongside the…
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John Slade on his consultancy days
COMMENT My time as chief executive at BNP Paribas Real Estate ended in the summer of 2017; my French peers and I had different ideas as to the future and how…
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Landsec appoints new non-execs
Landsec has appointed Michael Campbell and Anne Richards as independent non-executive directors, joining its board and audit committee in May and September, respectively. Campbell is a senior managing director and…
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Peel gets the nod for new neighbourhood
Peel Land has secured planning permission from Salford City Council for new a neighbourhood at Hazelhurst Farm in Worsley, Greater Manchester. The development, designed by Hope Architects, features up to…
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LGIM to bring £60m Brum BTR building to market
Legal & General Investment Management is looking to sell its operational build-to-rent asset The Whitmore Collection in Birmingham for offers over £60m. The asset comprises 220 homes and 7,500 sq…
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Landsec’s head of retail asset management resigns
Nik Porter, Landsec’s head of retail asset management, has stepped down from the company. Porter joined Landsec in August 2021 as head of brand account management and took on the…
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Landsec lines up first office disposals in resi pivot
As Landsec plans a pivot away from offices and retail parks, specific assets marked for disposal are beginning to come to market. The company last month said it will free up…
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Church Commissioners acquires Hull shopping centre
Church Commissioners for England has acquired Willerby Shopping Park in Hull, Yorkshire, from DTZ Investors for an undisclosed sum. Although DTZ was seeking bids of more than £27.1m, reflecting a…
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Shaftesbury Capital sells 25% Covent Garden stake to Norges
Shaftesbury Capital has sold a 25% stake in its estate in London’s Covent Garden to Norwegian sovereign wealth fund Norges Bank Investment Management for £570m.. The deal values the estate…
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Borough Triangle redevelopment tipped for approval
Berkeley Homes is set to receive planning approval for its revised plans for the mixed-use redevelopment of the Borough Triangle site, SE1. The proposals, which “meet updated Building Regulations”, comprises…
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Nobu unveils plans for £360m Manchester development
Nobu Hospitality and property developer Salboy & Betfred has announced plans for a major £360m development in Manchester. Subject to planning approval, the Viadux 2 scheme will comprise two towers…
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Labs up for grabs in Life Science REIT review
Life Science REIT is set to test investor confidence in the long-term prospects of labs and related real estate after putting itself up for sale. The company floated on the…