Florist Pulbrook & Gould has become the first retailer to sign a new ‘green’ lease with landlord Grosvenor Britain & Ireland, aimed at driving down carbon emissions and improving air quality across Mayfair and Belgravia.
Deals & Transactions
An empty West Midlands office building is set to be transformed into 35 high quality apartments after being acquired by a property development and investment company Key Land Capital.
Specialist business property adviser, Christie & Co has reported that Legal & General has sold its freehold interest in the BMI Woodlands Hospital for GBP29.4 million.
Mount Anvil, in a joint venture partnership with L&Q, is launching The Bouchon, the final phase at The Silk District development in Whitechapel.
St Modwen has launched its latest industrial and logistics development phases as part of plans to deliver c1.5m sq ft of high-quality space in 2021.
DoveVivo, one of the largest co-living companies in Europe with over 1,500 rental units, and a portfolio of 8,000 rooms in 11 cities, has completed a EUR15 million capital increase.
A joint venture (JV) between a fund managed by Credit Suisse Asset Management Global Real Estate, Chancerygate and Hines, has submitted plans to speculatively build a 350,000 sq ft business park in Bracknell, Berkshire.
Boston Financial Investment Management (Boston Financial), a wholly-owned subsidiary of ORIX Corporation USA, is to acquire Boston Capital’s low-income housing tax credit (LIHTC) fund portfolio.
Allegra Care, a UK-focused care home operator, and Moorfield Group, a leading UK specialist real estate fund manager, have formed a partnership to create an initial GBP125 million portfolio of modern, fit-for purpose nursing and dementia care homes.
McKay Securities, a UK REIT specialising entirely in the office, industrial and logistics markets of the South East and London, has let the whole of 135 Theale Logistics Park, its 134,430 sq ft speculative warehouse development at Junction 12 of the M4 near Reading, to a logistics operator.