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Regional REIT makes substantial portfolio acquisition for GBP25.9m

Wed, 21/08/2019 - 11:02

Regional REIT has acquired a portfolio of six office assets for a total consideration of GBP25.9 million. »

Palm Capital sells Scottish Gas HQ in Edinburgh to The Bank of London & The Middle East for GBP27m

Wed, 21/08/2019 - 11:01

Palm Capital, a pan-European real estate private equity specialist, has sold a Grade A office building at 1 Waterfront Avenue, Edinburgh, to The Bank of London & The Middle East (BLME), a UK-based Islamic bank, for approximately GBP27 million. »

Hammerson has appointed James Lenton as Chief Financial Officer (CFO) and Executive Director. 

Wed, 21/08/2019 - 10:59

Lenton will become an Executive Director on joining the Company on 16 September 2019 and will take over the role of CFO with effect from 1 October 2019. »

OakNorth Bank provides loan to Red Oak Taverns

Tue, 20/08/2019 - 14:21

OakNorth Bank has provided acquisition funding to tenanted pub provider Red Oak Taverns.  »

Bryan Cave Leighton Paisner advises Sirius Real Estate on Alzenau Business Park acquisition

Tue, 20/08/2019 - 14:20

Global law firm Bryan Cave Leighton Paisner (BCLP) has advised Sirius Real Estate on the acquisition of Alzenau Business Park from RWE Generation SE and GfV Gesellschaft für Vermögensverwaltung, represented by Innogy SE, for a purchase price of approximately EUR42 million. »

Aviva Investors completes final lettings at Uxbridge Industrial Park

Tue, 20/08/2019 - 10:30

Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has completed two lettings at Uxbridge Industrial Park, meaning the site is now fully let less than a year after completion. »

RDI concludes GBP75m refinancing of London Serviced Office portfolio

Tue, 20/08/2019 - 09:22

RDI, an income focused UK-REIT, has completed the second and final stage of its GBP75.0 million London Serviced Office portfolio refinancing. »

Harrison Street raises USD1.6bn for seventh US opportunistic real estate fund

Tue, 20/08/2019 - 09:21

Harrison Street, an alternative real asset investment firms dedicated to the education, healthcare and storage sectors, has held the final close of the firm’s seventh US opportunistic real estate fund, Harrison Street Real Estate Partners VII (Fund VII) at the fund’s hard cap of USD1.3 billion, exceeding its original USD950 million target.  »

CPP secures third site for Sheffied-based Ant Marketing

Tue, 20/08/2019 - 09:20

Property consultancy Commercial Property Partners (CPP) has let a former car showroom on Bramall Lane, Sheffield, as the third site for UK telemarketing company Ant Marketing. »

Oxford Properties appoints COO as part of leadership revamp

Mon, 19/08/2019 - 11:58

Commercial real estate investor, developer and manager Oxford Properties has appointed Dean Hopkins as Chief Operations Officer (COO).  »

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