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- Crown wins Regent Street planning consent
The Crown Estate has won planning consent for the redevelopment of two major blocks on the west side of Regent Street.
- Consortium buys second round of Spanish assets
A consortium of RREEF Europe, Area Property Partners and Europa Capital has bought a second portfolio of Spanish property assets from Banco Bilbao Vizcaya Argentaria (BBVA).
- Europa sells €60m Düsseldorf development
Europa Capital has completed the sale of an office development in Düsseldorf for €60m.
- Derwent completes Central Cross buy
Derwent London made its biggest purchase for three years this week.
- Qatari investor sees value in Mayfair
F&C Reit has sold 27 Dover Street in Mayfair, London for £6.35m. Claymore Asset Management bought the property on behalf of Qatari-owned Oryx Property.
- HSBC to lead £600m Pinnacle funding
The consortium behind plans to develop one the Pinnacle is close to agreeing terms with HSBC to lead the £600m financing of what will be one of London’s tallest skyscrapers, the Independent on Sunday reported yesterday.
- NSPCC appoints Savills
Children’s charity the NSPCC has appointed Savills to join its panel of UK property advisors.
- L&G buys in Wales
Legal & General Property has bought two office buildings from developers WISP Newport and WISP Swansea for £23.44m, an average net initial yield of 5.15%.
- Staffordshire police offices up for sale
Staffordshire Police has put the freehold interest of 5,573 sq ft of commercial office space at Crossfields, 35 Cannock Road in Baswich, near Stafford, up for sale.
- Tritax completes Brindleyplace sale
Tritax has completed the sale of £190m worth of offices at Birmingham’s Brindleyplace, as first revealed by PropertyWeek.com.
- Scottish Widows confirms Kleinwort Benson letting
Kleinwort Benson, the UK and Channel Islands wealth manager, has taken the whole of Scottish Widows Investment Partnership’s (SWIP) 50,000 sq ft St George Street office development, as first tipped by Property Week in February.
- Construction begins on Co-op head office
Construction has started on the Co-operative Group head office in Manchester.
- Jones Lang LaSalle strengthens tenant representation team
Jones Lang LaSalle has appointed Will Heigham as an associate director in its national office agency tenant representation team in London.
- McKay Securities completes office lettings trio
McKay Securities has completed three office lettings in London.
- Green light for Stockley expansion
A 750,00 sq ft extension to Stockley Park in West London has been approved by the London Borough of Hillingdon.
- Instant hires former Friends Reunited boss
Entrepreneur Michael Murphy has taken over as the chairman of Instant, the online broker for serviced office space and providers of managed offices.
- Buccleuch buys in to Aberdeen Science Parks
Buccleuch Property has bought the standing assets on Aberdeen Science & Energy Park and Aberdeen Science & Technology Park from Scottish Enterprise for £14m.
- Carlyle completes £671m White Tower purchase
Carlyle Group has exchanged contracts for to buy six central London properties, which were formerly part of the portfolio securing the White Tower 2006-3 commercial mortgage backed securities (CMBS) vehicle.
- Capita Symonds takes space in Sheffield
Capita Symonds has agreed to take 15,000 sq ft in Sheffield city centre office.
- Gatehouse Bank buys BT HQ in Leeds
Gatehouse Bank has bought One Sovereign Street, the HQ of BT’s regional headquarters in Leeds, for £40.1m in one of the biggest deals in Yorkshire this year.




