Lease

M&G Real Estate secures largest letting of the year in Maidenhead

M&G Real Estate has signed a 10-year lease with expense management specialists Concur Technologies (UK) Ltd at its Sygnus Court premises in Maidenhead. »


Paris

M7 Real Estate appoints Chris Pope to open Paris office

M7 Real Estate has appointed Chris Pope as managing director to expand the company’s European platform by opening its first office in France. »


British pounds

Benson Elliot acquires Templeback, Bristol from UK & European Investments

UK & European Investments has sold its Templeback asset, a 122,000 square foot office development located in Bristol’s commercial area, to private equity real estate company Benson Elliot. »


Up arrow

Crestbridge sees value of funds administered rise by 700 per cent

Independent corporate and fund services provider Crestbridge has seen the value of funds it administers grow from GBP1.84 billion in June 2013 to GBP15.06 billion in June 2014, representing an increase of more than 700 per cent. »


Union Jack Pound

Sunny Day completes GBP17 million transaction spree

Didier Tandy’s Sunny Day Capital, the UK residential and commercial real estate investor and developer, has completed GBP17 million of commercial transactions in London’s Covent Garden, Bristol, Reading and Surrey. »


Thumbs up

RO acquires Cambridge office building

RO Real Estate has completed the acquisition of Discovery House, a 9,094 sq ft office building in Cambridge, for GBP2.85 million from Turnstone Estates. »


Magnifying glass

Mitsubishi UFJ Fund Services and Confluence launch Annex IV reporting services

Confluence is to provide Mitsubishi UFJ Fund Services with a range of reporting solutions for its new Annex IV reporting services for alternative investment fund managers (AIFMs). »


Dollars

Molpus Woodlands Group holds final closing of Fund IV with USD662.5m in commitments

The Molpus Woodlands Group has held the final closing of Molpus Woodlands Fund IV, with commitments of USD662.5 million, inclusive of commitments to parallel funds. »


London

PCL residential prices up 14.7 per cent year-on-year

Contrary to reports that investment demand in Prime Central London (PCL) residential has already stalled in the lead up to the UK general election, Land Registry HPI statistics paint a different picture, according to London Central Portfolio (LCP). »


Closed sign

Dune closes Fund III on USD960m

Dune Real Estate Partners has held the closing of its third real estate fund, Dune Real Estate Fund III, with USD960 million in capital commitments, substantially exceeding its USD850 million target. »


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