Property Week News, analysis, insight and events for UK property professionals
Investec provides £22m loan for Greenridge’s Bristol office acquisition
The 48-month facility comprises an initial tranche alongside a capital expenditure tranche to fund a phased refurbishment programme for the 100,000 sq ft 3 Temple Quay.
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Deals
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.
Aureon and Caisson iO launch industrial platform with double acquisition
The business, which plans to build a £300m portfolio, acquired Weston Industrial Estate in Weston-super-Mare and Metro Park in Leeds in its debut deals.
Bob W to make Northern Ireland debut with Belfast serviced apartment scheme
Bob W Belfast City Centre will comprise 84 new-built apartments leased from Z Developments.
L&G buys affordable homes at Arada and Shaw’s Southwark scheme
The 200 affordable homes are part of the developers' Devonshire Place scheme in south London, which also includes 941 student beds.
Currys triples workspace at WeWork’s flagship Waterloo site
The electronics retailer will expand from 6,700 sq ft to 18,200 sq ft of workspace at its 10 York Road headquarters.
Lothian Pension Fund snaps up Edinburgh Premier Inn-anchored asset
It acquired Hanover Buildings from Oval Real Estate for £23.4m.
ARGO and Blue Coast splash £50m on High Wycombe industrial estate
The 12-unit estate was bought on behalf of the partners' urban logistics joint venture.
Evri wraps up long-term lease at Arrow Point Barnsley
The scheme in South Yorkshire is now fully let following the earlier completion of a 186,000 sq ft lease to Gem Imports.
Firethorn snaps up Leicestershire site for £125m logistics development
The company plans to develop two more industrial units at the established Mountpark industrial and logistics site.