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- First tenant signs at Ealingcross
Standard Life Investments’ Life Property Fund and Neptune Land have signed the first tenant at the Ealingcross office scheme at 85 Uxbridge Road, in Ealing, London.
- Heron Plaza goes in for planning
Gerald Ronson’s Heron International has submitted a planning application for its £500m Heron Plaza scheme in the city of London.
- BNP Paribas Real Estate moves to 5 Aldermanbury Square
BNP Paribas Real Estate has agreed its headquarters move from 90 Chancery Lane to 5 Aldermanbury Square.
- Bupa takes 45,000 sq ft in Brighton
Bupa International has ended a drought of major lettings in Brighton by agreeing to take 45,000 sq ft at Invista Foundation Property Trust’s Victory House in Trafalgar Place.
- Manchester Council considers Spinningfields investment
Manchester Council is planning to invest in the Spinningfields office district in order to accelerate development.
- Business centre operator expands with technology park company buy
Business centre operator Oxford Innovation Centres has bought the business development arm of Fasset, an operator of regional technology parks, as a part of a national expansion plan.
- Public/private initiative brings Milk to Manchester
Milk, a pan-European digital media agency, has become one of the first businesses to open an office in Manchester as a result of a new public and private sector initiative giving new investors 12 months’ free desk space.
- Rreef buys German office tower for €123m
Rreef Investment GmbH has bought the Park Tower office building in Frankfurt from a Morgan Stanley fund for around €123m.
- 10 Brook Street sold for £30.2m
Lancashire County Pension Fund has bought 10 Brook Street in London’s Mayfair for £30.2m, representing a 5.1% net initial yield.
- Pinsent Masons completes deal at Greycoat’s Crown Place
Pinsent Masons has completed its deal to occupy Greycoat’s 30 Crown Place scheme in the City of London.
- Legal Ombudsman signs up for Birmingham office
The Legal Ombudsman has signed up for a new 40,000 sq ft office at Targetfollow’s Baskerville House.
- US Embassy design revealed
Architect Kieran Timberlake has won the design competition for the new United States Embassy on the banks of the River Thames in London.
- Invista agrees to buys West Brom BT office for £15m
Invista Foundation Property Trust has agreed to forward purchase an office in West Bromwich, near Birmingham, for just under £15m.
- London & Stamford sells Leeds office for £51m
London & Stamford has sold 1 Whitehall Riverside in Leeds to NFU Mutual Insurance Society for £51.3m, around nine months after buying it for £37.6m.
- Matterhorn Palos Partnership buy in Newcastle
Matterhorn Palos Partnership, a joint venture between Simon Conway and Anthony Lyons and Brett Palos, has bought an office, leisure and retail block in Newcastle City Centre.
- Maxim gets its first tenant
Maxim, the giant 756,000 sq ft speculatively built office park near Glasgow, has signed its first office tenant.
- CPC Group sells its Cromwell House office
CPC Group has sold the freehold of its Cromwell House building, which is the HQ of Candy & Candy, to an owner occupier for just under £35m.
- Canada Life submits Bristol office plans
Canada Life has submitted a planning application for two new office buildings at the Aztec West Business Park near Bristol.
- Regional markets as well as central London will see growth in next two years
Regional office leasing markets outside London will see a recovery as the UK economy improves, but this is likely to be a result of declining supply rather than increasing demand, Jones Lang LaSalle has predicted.
- M1 Real Estate buys London block for £175m
Lebanese investor M1 Real Estate has bought Victoria house in Bloomsbury Square from Irish-based Moritz Group for around £175m.




