October 2018

The first half of the year saw the shopping centres landlord Capital & Regional take a number of significant hits, with many important tenants closing or obtaining new lease terms, including Toys R Us, Select Fashion, Poundworld and New Look. The company has now released figures for its predictions of...

Deka Immobilien has purchased the 74,000 sq ft Cursitor Building from Aberdeen Standard Investments for the impressive sum of £86 million. After a complete refurbishment, including re-cladding and replacing two floors with roof terraces, the building — which is ideally located on Chancery Lane in the City of London —...

Dalata Hotel Group has acquired the long leasehold of a large hotel development in Aldgate, London for £91 million. The hotel, which is planned to have 212 rooms, with a restaurant, bar and gym access, is expected to be operational by the end of 2018. The deal will be funded...

In the latest demonstration of strong overseas demand in the City, Goldman Sachs has agreed a sale and leaseback for its new London headquarters at Plumtree Court, which is located in the capital’s financial district. The US banking giant has signed a 25-year lease on the 826,000 sq ft space...

Although it announced the closure of its flagship store on Oxford Street in June under its CVA, House of Fraser is now set to keep the prestigious premises after acquisition by Mike Ashley. In fact, Ashley’s company Sports Direct has said that it plans to keep 47 of the 59...

The final 40,000 sq ft of space available in Battersea Power Station has been let to IWG’s exclusive business members’ club, No18, for which the brand plans to create a prestigious new site called The Engine Room. Set over two floors, the bespoke development will sit alongside other notable clients...

The Premier League has announced plans to move on from its current headquarters at Gloucester Place to a large, 30,000 sq ft site in the Brunel Building in Paddington, which is already home to many eminent global clients, including Sony Pictures Entertainment. The firm has agreed a deal with FTSE...

Following hot on the heels of popular Dutch eyewear brand Ace & Tate which recently launched its debut UK store at 10 Earlham Street, Shaftesbury has secured an impressive 3,000 sq ft space next door to be the first permanent international store for New York-based travel brand Away. Away has...

Following months of negotiations, Beltane Asset Management and Angelo Gordon have secured a pre-let at 55 Gresham Street in the Square Mile to asset management giant Investec. The firm is set to take up all 121,600 sq ft of the prestigious space, and will move in once redevelopments have been...

Market leading property developer Chancerygate has completed a deal with Tesco for a large 5.4-acre site at Edington Way in Sidcup, on which it plans to construct a 13-unit, 120,500 sq ft warehousing development. This new deal brings yet another significant acquisition to the company’s already impressive portfolio — with...