BE News

London remains the world’s leading destination for foreign direct investment, according to the latest Global Cities Barometer from the London Property Alliance. https://lnkd.in/emEnb7SW

Allsop LLP has paid tribute to long-standing team member Will Clough who passed away suddenly earlier this month. Clough joined the firm as a graduate in 2010 and became a partner in 2022. He was also the lead auctioneer in Allsop’s commercial auction business. In a statement, the firm described Clough as one of the UK’s finest auctioneers, a brilliant leader, an enormously valued colleague, and a very dear friend to many in the firm and in the UK property industry. https://lnkd.in/ePyzcvWr

ICG Real Estate has completed the final close of the second vintage of its Metropolitan opportunistic real estate strategy securing commitments of €1.4bn. https://lnkd.in/eZTAN2Qy

Joint venture partners Addington and Strategic Value Partners have obtained a multi-use planning consent at the 150,802 sq ft Senator office building in the City of London. https://lnkd.in/eKuPSAKc

Greater Manchester Pension Fund (GMPF) has launched a new UK healthcare joint venture with BlackRock. https://lnkd.in/eJVBxydR

Vistry Group has strengthened its East Anglia team with the appointment of Callum Moss as sales and marketing director and David Richardson as financial director. https://lnkd.in/egzW8ShX

Linear Living has submitted plans for a 24-storey residential block in Manchester’s Green Quarter. The AEW Architects-designed ‘One Lord Street’ scheme will regenerate a long-vacant site bounded by Cheetham Hill Road, Lord Street and Fernie Street. https://lnkd.in/e5pecPEx

Data and AI company Databricks has unveiled plans to quadruple its London office footprint with a new 137,000 sq ft HQ in Fitzrovia. https://lnkd.in/eMm7cDfV

A 23,920 sq ft warehouse in Kingston, Milton Keynes, has been put up for sale. The M1-MK unit is located on Chippenham Drive and comprises a modern warehouse providing 20,243 sq ft with a 283 sq ft mezzanine, and 3,214 sq ft of office and amenity space, on a secure site. BTG Eddisons has been appointed to market the opportunity. https://lnkd.in/eMg3RsVV

Chancerygate and Bridges Fund Management have pre-let three units totalling 31,200 sq ft at Airport Trade Park in Dublin. https://lnkd.in/ee5tnY_3