latestnews

Specialist property lender Octopus Property, part of the Octopus Group, has appointed Matthew Pritchard to the role of Head of Structuring, effective immediately. He will report directly to CEO Mario Berti. »

Noerr has advised Noratis AG on a capital increase subject to pre-emptive rights. Noratis, a portfolio developer of residential real estate, achieved a gross influx of funds of around EUR15.3 million from the capital increase. »

LondonMetric Property (LondonMetric) has acquired ten single let properties for GBP55.0 million from the ACT Foundation. The purchase price reflects a day one blended NIY of 4.4 per cent and a reversionary yield of 5.3 per cent. »

The brokerage division of Kennedy Wilson has represented the landlord in four new restaurant leases at Stanford Court on Santa Monica’s Wilshire corridor. »

GVA has strengthened its Strategic Advisory offer with the appointment of Peter Woodley as a Director. In his role at GVA, Woodley will work alongside Laura Stamboulieh and Guy Brett, both of whom joined GVA in 2018 and co-lead GVA’s strategic advisory platform. »

British Land has confirmed that 45 per cent of the ERV across its committed developments at Broadgate is now let or under offer, with 63 per cent let or under offer across the total development pipeline.  »

Dentons has advised Ho Bee Land Limited, the Singaporean real estate development and investment company, on the GBP650 million acquisition of Ropemaker Place, a multi-let trophy office building at 25 Ropemaker Street, London EC2.  »

TowerEight, an independent construction project and cost management consultancy, has appointed six members of its team to the management board as part of a strategic growth initiative.  »

CBRE Global Investors, on behalf of the CBRE Dutch Retail Fund has sold five Dutch shopping centres to a consortium of ARC Real Estate Partners and a US based private equity fund. »