* Blacksand, the Bahrain-based investment firm, has acquired the freehold of 51 Eastcheap, EC3, a 89,459 sq ft City of London office building let entirely to WeWork, for approximately £70m * Seller was a joint venture between Polus Capital Management and Greycoat, which had themselves acquired the asset out of
* Deutsche Bank has agreed a 15-year lease on approximately 150,000 sq ft across five floors (levels one to five) at YY London, 30 South Colonnade, Canary Wharf, with occupation expected from early 2028 * Building owners Oaktree Capital Management and Quadrant Estates were advised by Knight Frank and CBRE
* KKCG Real Estate Group, the property arm of Czech billionaire Karel Komárek's investment group, has completed the acquisition of the 1 St James's Square freehold in London's West End for £291m from Hong Kong-listed Lifestyle International Holdings * Sellers were advised by JLL and
* Asset & Location: 27 Savile Row, Mayfair, London W1S 2EX (former West End Central Police Station site earmarked for comprehensive office and mixed-use redevelopment). Agreed transaction value is approximately £100 million. * Key Parties: Purchaser: BNF Capital (family office of the Perrodo family) in partnership with Morgan Real Estate. Vendor:
The UK government has published an interim response updating the Minimum Energy Efficiency Standards (MEES) for non-domestic (commercial) private rented properties in England and Wales. The update shifts to a highly targeted approach that focuses heavily on larger properties while giving relief to small businesses. Here is a summary