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Industry News

WELPUT hires agents to seek £200m Midtown partner

The West End of London Property Unit Trust has instructed advisers to seek a joint venture partner to buy a majority stake in its New Court scheme in London’s Midtown, Property Week can reveal. read more

GM Real Estate wins One Poultry mandate

The private owner of One Poultry has appointed GM Real Estate to advise on options for the City of London landmark. read more

Benson and XLB exchange on Ealing Cross

Benson Elliot and XLB Property have exchanged to buy a 135,000 sq ft office building in Ealing, west London, from Standard Life Investments for £37.7m. read more

Planning permission for Goodman megashed

Goodman has secured detailed planning consent for a megashed of 569,500 sq ft at Andover Business Park in Hampshire, enabling it to increase the development options on the park. read more

£72m property mandates for DTZ parent company

DTZ’s parent company, UGL, has been awarded new global property services mandates totalling £72m. read more

Co-operative Group in London move

The Co-operative Group has signed a lease for the whole of St Pauls House in the City of London, under plans to consolidate its London office under one roof. read more

AstraZeneca in £330m Cambridge deal

Cambridge Biomedical Campus has been selected as the site of AstraZeneca/MedImmune’s new global research and development centre and corporate headquarters, in a deal tipped by Property Week. read more

Segro makes £18m warehouse buy

Segro has bought a distribution warehouse in Burton-Upon-Trent for £18.1m. read more

News courtesy of Property Week Magazine