Deals

The latest property industry transactions across all sectors and asset classes, including commercial and residential deals, across both sales and lettings.
Jamie Bennett-NessGot a scoop about a big new deal? Contact news editor Jamie Bennett-Ness: jamie.bennettness​​​​​@propertyweek.com

Latest Deals news

External shot of Horseferry House offices, SW1

Derwent agrees £131.8m sale of central London Burberry HQ

Horseferry House in Westminster, which is fully let to Burberry on a lease running to 2043, was snapped up by Indonesian developer Sinar Mas.

The Spark, Newcastle Helix

L&G puts prime Newcastle city centre office up for sale

Savills has been appointed to market the fully let 12-floor building, which is at the heart of the city's Helix innovation district.

The Lakehouse at Cheadle Royal Business Park

Seneca sells Manchester pharmaceutical facility to occupier Seda

The sale follows the building's repositioning as a specialist life sciences facility.

Victoria Square, Belfast

Abercrombie & Fitch to make Northern Irish debut at Victoria Square

The US fashion brand joins other recent retail signings, including LEGO and Sephora, at the Belfast shopping centre.

No. 1 Poultry

City of London Corporation approves plans to upgrade No. 1 Poultry

The consented proposal aims to decarbonise the grade II-listed landmark City building and keep it commercially viable, without compromising its architectural significance.

House on money pile

Plus Dane Housing wins £60m loan from HSBC

The five-year loan sees HSBC become a new strategic lender to the housing association.

B&Q at Mileway's Ripple Road

B&Q signs for first UK trade-focused store at Mileway’s Ripple Road

The DIY retailer will operate the 40,000 sq ft unit at the east London industrial development entirely under its TradePoint brand.

Aldgate House

Brown & Brown takes 52,303 sq ft at City Developments’ office building

The Singaporean investor bought the 211,000 sq ft Aldgate House for £183m in 2018.

Grade A offices - West Bar, Sheffield

DWP leases 100,000 sq ft at West Bar offices in Sheffield

The government department will occupy the first completed office block in the £300m West Bar scheme, which is being developed by Urbo Regeneration and Peveril Securities.

Lucent hero exterior image

Landsec slaps £450m price tag on flagship Piccadilly Circus island site

Landsec placed the famous island site at London's Piccadilly Circus up for…

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PIC buys Lincoln MGT’s Reading BTR scheme in £200m-plus deal

The pension fund's puchase of the 598-home Ebb & Flow scheme is its largest BTR deal to date, adding to a portfolio containing four other developments.

Limelight-picture-2-300x200.webp

Harbert buys 535-bed Liverpool PBSA asset from Blacklight

The Limelight scheme comprises 535 student beds arranged across a mix of studios and cluster apartments and amenities include a gym and a cinema.

Building 90 at Bicester Motion, the new home of AMCI

AMCI Europe signs lease for Bicester Motion headquarters

The events and training specialist has taken Building 90 at the Oxfordshire automotive and aerospace hub.

The new Marlow Studios headquarters. Credit: Neil Marshment Photography

Marlow Studios snaps up HQ building for £1bn Buckinghamshire project

The 12-acre site provides 230,000 sq ft of high-grade office space, adjacent to the 90-acre development site.

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PPHE Hotel Group secures loan to buy freehold of Park Plaza London hotel

Bank Hapoalim provided a £136m facility, allowing the group to take full ownership of its flagship London South Bank property.

Cinch Self Storage, Newmarket

QuadReal launches UK self-storage JV with £280m portfolio acquisition

The company acquired 27 assets across the UK for its joint venture with Clear Sky Capital, whose Cinch Cinch Self Storage brand will manage the properties.

Merry Hill shopping centre

Redical seals deal to acquire Merry Hill shopping centre

It is the ninth-largest UK mall by spending potential and is now more than 96% let, following a £125m transformation over the past few years.

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Oxford City Council approves plans for 100,000 sq ft life sciences lab

The council has approved plans submitted by The Crown Estate in partnership with Pioneer Group and Oxford Science Enterprises to transform the former Debenhams department store into a science and technology hub.

Finance

Morrisons signs for Tesco’s former 264,688 sq ft Kent warehouse

The retailer leased the facility near Maidstone from Logicor, also the landlord of its Northampton distribution centre.

CGI of Timber Square interior

BP signs lease for new global HQ at Landsec’s Timber Square

The company has agreed to take the entire 15-storey Ink building at the Bankside office scheme.