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Biggest Deals, The Top Performing Shares — London 2017 In Lists

Everyone loves an end-of-year list, so here are the lists which tell you everything you need to know about London real estate in 2017.

Top 5 Investment Deals

Walkie Talkie Building
30 Fenchurch St., aka the Walkie Talkie Building, in London

Although trophy office buildings dominated the headlines, significant deals were also struck for hotels and prime residential development schemes, according to Real Capital Analytics.

  • The Leadenhall Building, £1.15B, bought by CC Land from British Land and Oxford Properties

  • The Grosvenor House Hotel, £550M, bought by Ashkenazy Acquisition from Sahara India Pariwar

  • Cannon Place, £485M, bought by Deka from Hines and HSH Nordbank

  • Nine Elms Square residential development site, £470M, bought by R&F Properties and CC Land from St. Modwen and Vinci

Top 5 Buyers

Cannon Place in London's Square Mile
Cannon Place in London's Square Mile

Deka is the only company to break the hegemony of Asian investors spurred on by the fall in the pound, according to RCA.

Top 5 Sellers

The Cheesegrater
The Cheesegrater Building, London

Brookfield and Blackstone cashed in on acquisitions made during the last few years and U.K. REITs returned cash to shareholders.

  • Brookfield, £887M

  • Landsec, £760M

  • Blackstone, £690M

  • British Land and Oxford Properties, £590M each

  • M&G, £445M

5 Biggest Leasing Deals

Biggest Deals, The Top Performing Shares — London 2017 In Lists
21 Moorfields

Co-working companies leased the most overall, but a bank still took top spot in 2017, according to JLL.

  • Deutsche Bank leased 495K SF from Landsec at 21 Moorfields in the City

  • Aegis leased 310K SF from British Land at 1 Triton Square north of the West End

  • WeWork leased 283K SF from Almacantar at 2 Southbank Place near Waterloo

  • HMRC leased 270K SF from Westfield at Stratford City

  • Freshfields leased 251K SF from Brookfield at 100 Bishopsgate in the City

5 Biggest Buildings Opened In 2017

Mitsui Fudosan UK and Stanhope's Angel Court
Angel Court

According to data from Deloitte, development manager Stanhope had one heck of a year.

  • Bloomberg Place in the City, 669 SF, built by Bloomberg and Stanhope and occupied by Bloomberg

  • Principal Place in the City, 602K SF, built by Brookfield and occupied by Amazon

  • Angel Court in the City, 300K SF, built by Mitsui Fudosan and Stanhope, occupied by tenants including BUPA and the British Bankers Association

  • The Westworks in White City, 296K SF, built by Mitsui Fudosan, Stanhope and Aimco, occupied by ITV

  • The International Quarter S6, 286K SF, built by Lendlease, LCR and Legal & General, occupied by Transport for London

5 Best-Performing Real Estate Shares

Self-storage, self storage

Not an office or retail firm in sight as the listed sector was dominated by industrial and self-storage companies, according to data from Green Street and Bloomberg.

  • Safestore, total return 46%

  • Segro, 36%

  • Big Yellow, 28%

  • Hansteen, 28%

  • Workspace, 23%

5 Biggest Funds Raised In Europe In 2017

Stephen Schwarzman Blackstone
Blackstone CEO Stephen Schwarzman

Blackstone unsurprisingly raised more capital in Europe than anyone else, according to Preqin, but regional managers like Orion and Palmira also fared well.

  • Blackstone Real Estate Partners Europe V, €7.8B

  • Palmira Logistik Europa Fonds, €1.5B

  • Orion European Real Estate Fund V, €1.5B

  • Pramerica Real Estate Capital VI, £1B

  • DRC European Real Estate Debt Fund III, £600M