Completion of forward funding and pre-sale of £91 mln student accommodation development to LGP (UK) The development will have a completed value of approximately £91.0 million (approx. €104.9 million) and follows the conditional exchange of contracts with LGP in October last year. The scheme has been pre-let in its entirety to the University of Southampton on a 38 year lease without breaks and with RPI linked rental uplifts. More »

Terrace Hill agrees forward funding and pre-sale of student accommodation with Legal & General (UK) The scheme is well located in the City centre with good access to transport links and is pre-let in its entirety to the University of Southampton on a 38-year lease, having received planning consent from Southampton City Council in July 2012. More »

Gulf Propco acquires prime office investment from Legal & General (UK) The property is located on Goodman’s 130-acre Solent Business Park near Southampton. More »

Legal & General secures planning for £10 mln regeneration of former Elstree Way Business Centre (UK) Construction work is expected to start later this year. The proposals... More »

Legal & General reveals £10 mln. plans for former Elstree Way Business Centre (UK) A new Wickes store will replace the current store in Borehamwood Shopping Park. More »

LGP acquires Aston Martin warehouse in Coventry (UK) Situated in Coventry, in the West Midlands, the site provides circa 115,000 ft² (approx. 10,600 m²) of industrial space, arranged across two standalone buildings. More »

Five-year fund extension for £1.1 billion Arlington Business Parks Partnership (UK) The extension of ABPP is for a five-year term from June 2012. The strategy will focus on maximizing the value of the underlying investment portfolio and unlocking the potential from its landbank. More »

Work begins on St Stephens Place Leisure Park, Trowbridge (UK) Last week Leadbitter Group, a Bristol based company, were formally appointed lead contractor for the development and will carry out the regeneration of a long-neglected part of Trowbridge town center. More »

Legal & General submits planning application for 77,000 ft² warehouse in Bracknell (UK) LGP plans to develop a warehouse unit with ancillary office space and a secure service yard on the 3.88 ac (approx 1. More »

LGP secures hat-trick of TK Maxx lettings (UK) Additionally, on behalf of a further fund, LGP has purchased the long leasehold interest in two retail units in Southampton which trade as a TK Maxx and Card Factory. More »

Unite completes new £121 million debt facility with Legal & General (UK) The all-in cost of the new borrowing, which is at 60% loan-to-value, is fixed at 5.05% for the duration of the loan. More »

Work to start at St Stephens Place leisure park, Trowbridge (UK) With discussions with construction contractors already well underway, and an appointment expected imminently, works are now due to begin on the St Stephens Place Leisure Scheme. More »

L&G unveils new retail and food offer at Midsummer Place (UK) The improvements, which could add 57,000 ft² (around 5,300 m²) of new retail space to the center, are designed to enable LGP to attract... More »

Bracknell gears up for next phase of regeneration (UK) These two major names will be working closely with BRP and the other members of the delivery team as BRP bring forward the retail-led regeneration of the northern part of the town center. More »

Legal & General secures planning on St Stephens Pl. leisure park in Trowbridge (UK) The scheme, which includes a new seven-screen digital cinema operated by ODEON and an 80-bed Premier Inn hotel, as well as provision for seven family restaurants, cafes and bars, can now successfully move forward. More »

LGP enters into exclusivity agreement to deliver Phase II of Blenheim Centre (UK) Despite the current economic outlook, investors see the potential of the town. More »

LGP acquires Stevenage Leisure Park for £40 million (UK) Stevenage Leisure Park. Situated in the center of Stevenage, the leisure park provides circa 200,000 ft² (approx. More »

LGP completes sale of Brighton retail park (UK) Located on Carden Avenue, in a prominent position to the north east of Brighton’s city center, the park totals 42,329 ft² (approx. More »

LGP acquires BT Gatwick office and secures 20-year lease with Nestlé (UK) These transactions have all taken place on behalf of LGP’s UK Property Income Fund (‘UK PIF’), which reached its final close in October... More »

Segro and Moorfield complete £314-million logistics deal (UK) The UKLF portfolio comprises 14 prime logistic warehouse units plus one development site in 12 locations on or near main arterial roads in established distribution areas across the UK. More »