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- OB signs on for 20,000 sq ft at 10 Fleet Place in London’s Midtown
Property investment and asset management firm Addington Capital has signed up brokerage firm OB for 19,835 sq ft at 10 Fleet Place, the 185,000 sq ft central office building in London’s Midtown district owned by Hong Kong’s The Crosby Group.
- GPE gains permission for Southwark block redevelopment
Property giant Great Portland Estates (GPE) has secured planning permission to redevelop and extend Minerva House, an office building sited next to Southwark cathedral on the south bank of the Thames in central London.
- Hargreaves spends £4.2m on Guildford office block
Investor and developer Hargreaves Group has acquired a Guildford office building from Halifax Pension Nominees for £4.2m.
- Gilbanks set to open second Manchester workspace with plans for further sites across UK and Europe
Leeds and Manchester-based office space provider Gilbanks is set to open a second Manchester site and expand into cities across the UK and Europe.
- Only industrial and West End offices to see “robust rental growth” in next five years, says IPF
Industrial assets and London’s West End office market will be the only two property sectors to outperform the all- property average during the next five years, according to an International Property Forum (IPF) report.
- Annual NAV and portfolio values nudge up at Sirius
Sirius Real Estate has posted a small rise in net asset value (NAV) and portfolio value in an indication that outwards yield movement in the property sector has eased.
- CBRE snaps up French workplace consultant WiP
CBRE has acquired French specialist workplace consultancy workINprogress (WiP) for an undisclosed sum.