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Cain and Starwood provide £535m development loan to Canary Wharf Group

Cain International and controlled affiliates of Starwood Capital Group have agreed a £535 million loan to Canary Wharf Group for the next phase of...

British Land gets green light for multi-level London logistics hub

British Land has received planning permission for a 455,000 sq ft multi-level logistics hub at Heritage House, Enfield. According to the company, the site,...

GPE secures option for office-led redevelopment at central London

Great Portland Estates has secured an option from the Crown Estate to provide a new head lease and development agreement to facilitate the redevelopment...

Helical signs deal with TfL for office portfolio joint venture

Helical has signed a contract to partner with Transport for London(TfL) on a commercial office portfolio joint venture. Further to the announcement on 15 February...

LondonMetric sells five urban assets for £43m

LondonMetric Property has agreed to sell five urban assets for £42.8 million, reflecting a NIY of 4.5%.  The combined sales are in line with...

Hines buys prime West End asset in London

Hines has acquired the 103,000 square foot, Film House, in the West End of London, on behalf of its Hines European Value Fund 3 (HEVF...

OpenAI to open first international office in London

OpenAI, the US-based artificial intelligence (AI) research company and the ChatGPT developer, has announced its first international expansion with a new office in London,...

CLS completes sale of three properties for £49m

CLS has sold three properties for a total of £49 million at an average of 7.5% above 31 December 2022 valuations.  CLS has unconditionally exchanged contracts to...

Aviva Investors completes major letting at One Liverpool Street 

Aviva Investors has signed a major pre-let agreement with global law firm Dentons at its One Liverpool Street development in London. Developed for completion...

Ares provides £300m senior loan to refinance central London assets

Ares Management Corporation's European Real Estate Debt team has provided a £300 million senior loan to refinance a portfolio comprised of two marquee central...

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