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Wates Interiors

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Victoria scheme deal

Contractor in W6

West End start

Contractor shortlist

Marylebone refurbishment

Contractor appointed

City refurbishment start

Construction in WC2

St Martins underway

Shortlist for west end scheme

Construction start in EC2

Paddington refurbishment

Demolition in Midtown

LMS shortlists for W1 scheme

Wates sell EC4 office site

Wates on site for Lothbury

New owner for Vintners Place

City Point for sale at around £400m

More pre-lets at CityPoint

Wates City of London Properties sells four buildings

Whitbread to move to CityPoint?

Grosvenor rumoured to be increasing stake in Wates

Happiness is a completed office

Benchmark started the redevelopment of its Soho site at 15-18 Golden Square, London W1, during autumn 2002 and has just completed. Benchmark awarded the main contract to Wates for the construction of a 5,295 sq m (57,000 sq ft) 6 storey building (now called ‘Happiness’), designed by TP Bennett. The scheme includes retail and restaurant on the ground floor with 5 floors of offices totaling 4,087 sq m (44,000 sq ft) above. The letting agents are DE & J Levy and Dunlop Heywood Lorenz. - (20-10-2004)

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Pillar cash offer for Wates City

Wates City of London Properties has received a formal cash offer from Pillar Property at 141p a share, valuing the company at around £373m. The price is said to be equal to Wates City net asset value at the end of June. - (25-11-2000)

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Pillar approach to Wates rumoured

Pillar Properties is said to have made an approach to buy property company Wates City of London Properties. Wates City of London Properties is currently trying to sell CityPoint, the largest office building under construction in the City of London and also has other office schemes planned in the Square Mile. Pillar operates 28 retail park schemes and also has business park interests, but has a low exposure to the central London office market. - (13-11-2000)

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Land Securities may bid for One New Change

Land Securities is reported to have launched a £175m bid for the One New Change building in London EC4, occupied by the Bank of England on a long leasehold. The 1.4ha (3.5 acre) site currently provides about 37,160 sq m (400,000 sq ft) of office space and could be redeveloped to provide a much larger scheme. Other bidders for the building are said to include Gerald Hines, the US investor, Blackstone Real Estate, Tishman Speyer, City & West and a limited partnership led by Wates City of London Properties. Development Securities is also said to be a possible bidder along with several European institutions. - (25-09-2000)

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