Tag: british land



Cheesegrater sets Record City Rent following Shipping Broker deal

Posted on 24 April, 2015 by Neil Bird under Industry News, Top Properties

British Land and Oxford Properties have announced that independent shipping broker Affinity has agreed terms on Level 44 of The Leadenhall Building, for a record breaking City rent of £90 per sq ft. The deal for the highest available floor of the... Read More

Facebook expands presence at Regent’s Place

Posted on 22 April, 2015 by Chris Grigorovsky under Industry News

British Land has announced that social media giant Facebook has signed an Agreement for Lease at 338 Euston Road, expanding its presence at Regent's Place. Facebook will occupy the fifth floor of the building, along with floors nine to sixteen and a... Read More

British Land’s 10 Portman Square Fully Let

Posted on 17 April, 2015 by Cliff Goodwin under Top Properties

Ten Portman Square — British Land’s iconic West End office block built as part of the investment company’s 2010 Development Programme — is now fully let. Weston Homes, a home counties residential developer, has taken a new lease on the... Read More

British Land invests £210m to extend ownership of Paddington Central

Posted on 14 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

Two years after it first bought into London’s Paddington Square development, British Land has extended its investment in the campus with the £210m acquisition of One Sheldon Square. The purchase, from Malaysia’s Employees Provident Fund, brings... Read More

Cheesegrater over 75 per cent Let or Under Offer following IT Group Deal

Posted on 1 April, 2015 by Neil Bird under Top Properties

The Leadenhall Building is now 77 per cent let or under offer following the arrival of leading virtual IT systems group IPsoft, British Land and Oxford Properties have announced today. The New York based company has agreed terms on a ten year lease,... Read More

British Land confirms Broadgate Estates 2 Kingdom Street move

Posted on 25 March, 2015 by Chris Grigorovsky under Top Properties

British Land has announced that property management company Broadgate Estates is to relocate its headquarters to 2 Kingdom Street, Paddington Central, in July of this year. The firm’s headquarters will be on the second floor of the Kohn Pederson Fox... Read More

British Land announces Joint Venture exchange with Tesco

Posted on 20 March, 2015 by Chris Grigorovsky under Business News, Commercial Sales and Lets

British Land has announced that it is has completed a £733 million exchange of its joint venture properties with Tesco. Under the terms of the deal British Land has sold its 50 per cent interest in the joint venture portfolio, which comprises 21... Read More

British Land announces £50 million investment in Meadowhall Shopping Centre

Posted on 18 March, 2015 by Kirsten Kennedy under Top Properties

For over two deacdes, Sheffield’s Meadowhall Shopping Centre has been one of Yorkshire’s top retail destinations and, to celebrate the centre’s 25th birthday, owner British Land has announced a mammoth £50 million investment into an internal... Read More

British Land acquires Surrey Quays Leisure Park in £135 million deal

Posted on 2 March, 2015 by Kirsten Kennedy under Commercial Sales and Lets

British Land has acquired the Surrey Quays Leisure Park from Aviva Investors in a deal worth a mammoth £135 million. Surrey Quays is one of Southwark’s premier leisure destinations and at present counts big name brands such as Odeon Cinemas, Frankie... Read More

Retail Portfolio sale designed to Test Investor Appetite

Posted on 25 February, 2015 by Cliff Goodwin under Commercial Sales and Lets

Codenamed Project Orange — and containing one-million square feet of retail space — two of Britain’s biggest property companies have put a £300m portfolio on the market. Part of the Hercules Unit Trust (HUT), British Land and Schroder Real... Read More