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Property News

Giggs and Neville in to redevelop Bootle police station
Retired-footballers Ryan Giggs and Gary Neville’s development company is close to agreeing a deal to regenerate a former police station in Manchester.
Kennedy Wilson completes £225m refi
Kennedy Wilson Europe Real Estate has completed a £225m unsecured corporate three-year finance facility with a syndicate of banks led by Bank of America Merrill Lynch, and Deutsche Bank and JP Morgan.
Norbert Dentressangle in $750m Jacobson buy-out
Norbert Dentressangle has completed a $750m (£451m) deal to buy all the shares of US logistics firm Jacobson.
Northwood nears Highcross buy
Northwood Investors, led by former Blackstone president and chief executive John Z Kukral, is understood to be close to a £600m deal for the firm.
Galliard buys £14m Clapham office
Galliard Homes has bought Crescent House, the former Union of Post Office Workers headquarters in Clapham, south west, London, for £14m, which it will convert into a £30m luxury apartment development.
M&G poaches Deloitte's residential investment manager
M&G Real Estate has appointed Steven Hollands as residential investment manager from Deloitte Real Estate.
Redefine reduces Cromwell stake
Redefine International has slashed its stake in its Australian-listed associate company, Cromwell Property Group to under 10%.
Lomond takes resi portfolio to £1.8bn
Deal-hungry property management company Lomond Capital has added to its residential portfolio with two deals in Birmingham and St Andrews, Scotland, that swells its residential portfolio to 8,700 properties worth £1.8bn.

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