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Exclusive News Articles

At Morgan Pryce we believe a key understanding of what drives the property market is essential to secure good deals for tenants. Therefore, our Agents and Researchers provide regular opinions and insights on the Commercial Property Industry.

Ex-QBE boss John Neal appointed new chief executive of Lloyd’s of London

Ex-QBE boss John Neal appointed new chief executive of Lloyd’s of London

John Neal, the former boss of Australia-based insurer QBE, has been hired as the new chief executive of Lloyd’s of London, replacing Inga Beale who has led the market since 2014 and who announced her departure in June. Lloyd’s suffered through a difficult 2017, and the new appointment comes at...
11th November 2018
KIC and Hines put One Bartholomew Lane on the market for £104 million

KIC and Hines put One Bartholomew Lane on the market for £104 million

Six years after it was purchased by a Korean wealth fund for £75 million, CBRE has been instructed to put the prestigious office scheme One Bartholomew Lane on the market at a new initial yield of over 4%. Currently home to South Korea’s sovereign wealth fund and the Agricultural Bank...
8th November 2018
Here East turns away tenant to pursue higher rents

Here East turns away tenant to pursue higher rents

Here East, once billed as the ‘white elephant’ of the Olympic Park, continues to defy predictions and a difficult reputation and attract significant tenants and interest. Its impressive list of current occupiers includes Ford, Loughborough University, BT Sport, and a robotics research facility run by UCL. The Victoria & Albert...
2nd November 2018
Capital & Regional set to take a £1.2 million hit from high street bloodbath

Capital & Regional set to take a £1.2 million hit from high street bloodbath

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...
30th October 2018
Deka Immobilien acquires the Cursitor Building for £86 million

Deka Immobilien acquires the Cursitor Building for £86 million

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 —...
27th October 2018
Dalata brings Clayton Hotels to Aldgate with £91 million acquisition

Dalata brings Clayton Hotels to Aldgate with £91 million acquisition

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...
24th October 2018
House of Fraser to keep its flagship store

House of Fraser to keep its flagship store

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...
18th October 2018

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