Global asset manager BlackRock had established a joint venture with UK REIT Workspace to acquire high income yielding multi-let industrial or office buildings in London and the Southeast. The target lot size range is £5-£20 mln, although larger and smaller deals will be considered. The JV partners will commit up to £100 mln of equity into the joint venture known as the BlackRock Workspace Property Trust (BWPT).
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
