Here’s a wrap-up of some of the most popular stories on EG from the past week.
In a busy week for moves, Montagu Evans hired CBRE director Adam Caplan as a partner to grow its strategic advisory team. Caplan will deliver complex strategic projects across public and private sectors.
Montagu Evans hires CBRE strategic advisory director
Investors are sitting on more than £16bn of dry powder allocated to the UK industrial and logistics sector, according to new analysis from Cushman & Wakefield. The agency has tracked around 170 industrial and logistics properties valued at around £1.5bn that are being marketed, with an average deal size of about £8m. Some £1bn is under offer.
Industrial investors wait to deploy £16bn of dry powder
M&G has instructed JLL to sell Two Snowhill, an office tower in Birmingham, for over £101.7m. Tenants in the 310,000 sq ft building include Gowling WLG and HS2 Ltd.
M&G puts £100m Birmingham office tower up for sale
Lillian Chandler has left JLL after being with the consultancy for over 25 years. She was most recently a director in the UK agency, lease advisory and rating business, advising tenants on their property strategy, as well as landlords on some major office developments.
JLL’s Lillian Chandler departs after 25 years
New lending in real estate has slid by a third to its lowest level in a decade in one of the most “difficult” years since the global financial crisis, according to the latest figures from Bayes Business School.
New real estate loans plunge to decade low
Other stories you might have missed:
US spending on London properties hits eight-year high
Convene’s Simonetti: ‘We’re incredibly bullish on London’
Occupiers active in Cambridge but investors hold back
Industrious hires from TOG for senior European role
CBRE names Wyman head of public sector
Logistics and resi top cross-border capital forecast
City Property Association’s new chair sets out stall
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