Law firm doubles space to take entire Midtown building
The investor and developer’s net rental income rose to £58.9m in the six months ended 30 June
Conversion to student beds expected to create 20% uplift in value for Picton
Listed firm sells two assets at 5% discount to December valuations
London Square has agreed to buy the property at 3 Albert Embankment
Australian developer will lose its deposit on £40m-plus sale
Office specialist signed 24 deals securing £2.4m in rent at 6.2% above ERV in Q3
Valuation falls across its £2.35bn portfolio reversed last year’s £91m profit
Landlord expects to increase capex to between £50m and £70m in both 2022 and 2023
The office specialist has pledged to be net zero by 2030 as profit falls by 21%
Simon Wigzell has left the office investor after a decade as head of group property
Investor pays almost €90m for assets in Düsseldorf, Berlin and Hamburg