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Property News

Logicor makes mammoth £388m portfolio buy
Blackstone Real Estate Partners has acquired a £388m UK portfolio for its European logistics company, Logicor.
Mayfair car park for sale for £100m
A Mayfair car park has been put up for sale as a redevelopment opportunity and is expected to attract bids of more than £100m.
Swiss fund buys 95 Wigmore Street for £222.4m
The Great Wigmore Partnership (GWP), the 50-50 joint venture between Great Portland Estates (GPE) and Aberdeen Asset Management, has sold 95 Wigmore Street for £222.4m to UBS Global Asset Management.
Owner occupiers thin on the ground in top London homes
Owners living in their homes in central London’s most expensive residential neighbourhoods are fast becoming a minority as stellar returns transform these areas into rental markets driven by investors.
Miliband backs rental cap and first-time buyer giveaways
Ed Miliband will today unveil Labour’s plans to impose a rental cap and reduce stamp duty for first-time buyers to zero.
Mayfair Capital buys Lichfield retail park for £13.3m
The Metric Income Plus Limited Partnership (MIPP), the joint venture between LondonMetric and the Universities Superannuation Scheme (USS), has sold Lichfield retail park to Mayfair Capital’s MCCPT for £13.3m.
£15m Notting Hill Gate block up for sale
A £15m for-sale sign has been hoisted over a mixed-use block in Notting Hill.
Peel secures 280,000 sq ft shed letting
US-based food company General Mills has signed a deal to take a 280,000 sq ft distribution hub at Port Salford in the North West.

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