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Mainstay Group is one of the most successful property asset management agents in the UK.
With offices in London, Worcester, Birmingham and Manchester supporting an extensive national management infrastructure, we are well-placed to supply property asset management solutions nationwide.
Our residential management portfolio consists of some 40,000 homes in management and a further 20,000 secured in planning, underlining our capacity and ability to provide high-quality services across England and Wales to a wide range of developments.
Our growing portfolio is supported by Mainstay Commercial and Mainstay Facilities Management, adding a credible and cost effective commercial property management capability, surveying and professional services, as well as a wide range of facilities management services. Enabling us to add value for our customers and further enhance our already high levels of service flexibility and efficiency, whilst at the same time reducing costs through self-delivery of a broad scope of property related services.
Deutsche Asset & Wealth Management has raised another €250m (£177m) for its first senior debt fund bringing the total to €750m.
Threadneedle Investments has exchanged contracts to buy a prestigious office building in St James’s Square, previously earmarked for residential conversion.
Lloyds has appointed a new relationship director in its commercial real estate team for the South West and Wales who will be based in the region.
Grosvenor Britain & Ireland has let the Pantechnicon building at 19 Motcomb Street, Belgravia, to a new food and retail emporium.
Gerald Eve has announced a host of promotions including five new partners.
Legal & General Property has appointed three asset managers to its UK Property Fund (UKPF), as the fund surpasses £2bn of assets under management.
Land Securities and The Crown Estate are to sell their interest in John Lewis’ store in Exeter for around £19.5m, a yield of 4.5%.
Abercrombie and Fitch has been fined for illegal works to a Grade II-listed building on Savile Row, formerly the base of Apple Corps and made famous by a Beatles rooftop gig in 1969.
Land Securities has secured its first office pre-let at Nova, Victoria, 12 months ahead of completion.
Colliers International has acquired IDB Management – a property management firm in Belgium.
Paul Brundage, Oxford Properties’ executive vice president and senior managing director of Europe, has been appointed junior vice president at the British Property Federation, and will become the organisation’s president in two years’ time.
Gatehouse Bank’s head of real estate finance, Natale Giostra, has moved to CNM Estates to become head of treasury and capital markets.
Long Harbour has agreed a deal to forward-fund Birmingham City Council and Sterling Property Ventures’ private rented sector scheme at Great Charles Square.
After delays caused by the Greek crisis, Deutsche Pfandbriefbank (PBB) has confirmed it is ploughing ahead with its floatation and is looking to raise up to €1.37bn.