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GPE pays £53m for two central London offices

Great Portland Estates (GPE) has acquired the freehold interest of 141 Wardour Street, W1 for £39 million (£1,156 per sq ft). The 33,717 sq...

Central London office investment expected to reach £2.1b in Q1

Investment volumes in the Central London office market for Q1 2023 are expected to reach £2.1bn, according to JLL. The real estate adviser’s provisional...

Cheyne provides £150m loan for London office building acquisition

Cheyne Capital Management has provided a £150m senior loan to a joint venture between Castleforge and Gamuda Berhad to fund the acquisition of Winchester House, a 317,000...

PIC acquires Croydon office building for £268m

Pension Insurance Corporation (PIC) has agreed to acquire 2 Ruskin Square, a new 344,940 sq ft Grade A office building in Croydon, South London,...

Malaysia’s Gamuda, Castleforge buy Deutsche Bank’s UK HQ for £257m

A joint venture between Malaysian construction firm Gamuda Bhd and UK-based real estate private equity investor Castleforge has acquired Winchester House London, the current UK...

Macquarie, Mapfre buy office building in London

Macquarie Asset Management and Mapfre have added a new asset to their Stable Income European Real Estate Fund – Macquarie 2 (SIEREF - Macquarie...

KGAL sells London office building to Japan’s Obayashi

KGAL Investment Management has sold 60 Gracechurch Street, an office building in the City of London, to Obayashi Properties UK, a wholly owned subsidiary...

Landsec secures consent for Southwark green office development

Landsec has secured planning permission for the redevelopment of Red Lion Court, Bankside, part of its one million sq ft development pipeline to create...

Kennedy Wilson’s London office building reaches full occupancy

Global real estate investment company Kennedy Wilson has signed a new, 10-year lease with pharmaceutical company Omega Pharma for 21,000 square feet of Grade...

Meag, Generali Real Estate form joint venture for London office building

Generali Real Estate and Meag have entered into a co-investment agreement whereby Meag, the asset manager of Munich Re Group, has acquired 50% of...

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