Connect with us

Current

Myanmar forces kill ‘at least 50 protesters’ after state television warning

Voice Of EU

Published

on

Myanmar’s security forces shot and killed at least 50 protesters on Saturday, news reports and witnesses said.

The killings came as the leader of the ruling junta said the military will protect the people and strive for democracy.

Protesters against the February 1st military coup came out on the streets of Yangon, Mandalay and other towns, defying a warning that they could be shot “in the head and back”, while the country’s generals celebrated Armed Forces Day.

“Today is a day of shame for the armed forces,” Dr Sasa, a spokesman for CRPH, an anti-junta group set up by deposed legislators, told an online forum.

“The military generals are celebrating Armed Forces Day after they just killed more than 300 innocent civilians,” he said, giving a rough estimate of the toll since protests first erupted weeks ago.

At least four people were killed when security forces opened fire at a crowd protesting outside a police station in Yangon’s Dala suburb in the early hours of Saturday, Myanmar Now reported. At least 10 people were wounded, the news portal said.

Three people, including a young man who plays in a local under-21 football team, were shot and killed in a protest in the Insein district of the city, a neighbour told Reuters.

Thirteen people were killed in various incidents in Mandalay, Myanmar Now said. Deaths were also reported from the Sagaing region near Mandalay, Lashio town in the east, in the Bago region, near Yangon, and elsewhere, it said.

Myanmar Now said a total of at least 50 people were killed on Saturday. Reuters could not independently verify the numbers killed.

A military spokesman did not respond to calls seeking comment.

After presiding over a military parade in the capital Naypyitaw to mark Armed Forces Day, Senior General Min Aung Hlaing reiterated a promise to hold elections, without giving any time frame.

“The army seeks to join hands with the entire nation to safeguard democracy,” the general said in a live broadcast on state television, adding that authorities also sought to protect the people and restore peace across the country.

“Violent acts that affect stability and security in order to make demands are inappropriate.”

The number of people killed in the turmoil since the coup against Aung San Suu Kyi’s elected government is now nearly 380, based on Thursday’s toll and a tally kept by an activist group.

In a warning on Friday evening, state television said protesters were “in danger of getting shot to the head and back”. The warning did not specifically say that security forces had been given shoot-to-kill orders but the junta has previously tried to suggest that some fatal shootings have come from within the crowds.

Ms Suu Kyi, Myanmar’s most popular civilian politician, remains in detention at an undisclosed location. Many other figures in her party are also being held in custody. – Reuters

Source link

Current

Maurice Investments sell London office building for €30.3m (GB)

Voice Of EU

Published

on

Allsop, acting jointly alongside Anton Page, has completed the sale of the freehold of a Grade A workspace in Aldgate, central London, on behalf of Maurice Investments for €30.3m (£26m). Acquired by Meadow Partners, the price is equivalent to approximately €1120 (£960) per ft² and a net initial yield of 5%.

 

Wool + Tailor, 10-12 Alie Street E1, comprises 27,158ft² of Grade A office and ancillary accommodation over nine floors. It is within a three-minute walk of Aldgate station and a 15-minute walk of six further train and underground stations, including Whitechapel which is on the newly opened Elizabeth line, and is multi-let to five tenants. Maurice Investments had initially acquired the building in an off-market deal advised by Allsop, which also went on to conclude a successful leasing campaign alongside Anton Page.

 

Wool + Tailor was redeveloped in 2019 to include two additional floors and a new façade, with BREEAM “very good” and EPC A and B ratings. It features an eco-friendly biodiverse roof, cycle racks to accommodate up to 36 bikes, and a WiredScore Gold certification with fibre optic internet. Wool + Tailor further benefits from outstanding natural light throughout, which is enhanced by floor-to-ceiling heights of up to 3.3 metres, and a 7th floor communal business lounge with dual aspect terraces offering panoramic views of the City and beyond.

 

Matthew Millman, Partner at Allsop, said: “The sale of Wool + Tailor concludes a highly successful business plan for our client where we advised on the off-market acquisition, letting, then disposal of what has become one of the finest buildings in Aldgate. Wool + Tailor satisfies the requirements of the modern investor and occupier for ‘best in class’ office space with strong ESG credentials, excellent connectivity and plentiful nearby cafes, bars and restaurants.”

Source link

Continue Reading

Current

AnaCap secures €59m loan for Paris office deal (FR)

Voice Of EU

Published

on

Tristan Capital Partners’ TIPS One “Income Plus” Real Estate Debt Fund has provided senior debt financing to funds advised by AnaCap Financial Partners, to support the €59.25m acquisition of South Station, a freehold office asset located in Massy, in the second ring of Paris. South Station is a high-quality property ideally located in Massy – the largest economic centre in the Southern Paris area – and is adjacent to the town’s main transport stations (RER and TGV). The asset is one of the most attractive buildings in the submarket offering modern A-grade office space with excellent amenities.

 

The sale and partial leaseback acquisition will see the vendor CGG, a geophysics specialist, remain as the majority tenant. Pramena Investment will act as the asset manager for the property.

 

Ashil Sodha, Director, Debt Investment at Tristan Capital Partners, said: “As TIPS One continues to diversify, we are pleased to have closed our first loan in France. We are focused on lending on high-quality assets with the right ESG characteristics and we believe this loan exemplifies this strategy well. We look forward to working alongside AnaCap and Pramena and supporting them in optimising their strategy for this asset.”

Source link

Continue Reading

Current

Barratt and David Wilson invest €45.5m in UK resi market

Voice Of EU

Published

on

Harworth Group plc has sold two residential land parcel at its Waverley and Thoresby Vale developments to Barratt and David Wilson Homes, for a total consideration of €45.5m (£39m).

 

At Waverley in South Yorkshire, Harworth has competed a €33.8 (£29m) land sale which will see the delivery of approximately 450 homes, of which over 30% will be affordable. This represents Harworth’s largest-ever serviced residential land sale by number of plots. The new homes will represent Barratt and David Wilson Homes’ fifth phase at the site and will be situated adjacent to both Highwall Park and the Waverley Lake, benefitting from unique water frontage in an area of the development known as Waverley Waterfront. Construction will follow a bespoke design code, devised in partnership between Harworth and Barratt and David Wilson Homes, that complements the existing Waverley development while maximising the amenity value of the area’s waterfront location. The development will include a pedestrianised promenade, further enhancing the site’s placemaking and connectivity.

 

At Thoresby Vale in Nottinghamshire, Harworth has exchanged on the sale of serviced land capable of delivering 174 homes, for €11.6m (£10m). This represents the second phase of the Thoresby Vale development, following the sale of two land parcels at the site to Harron Homes and Barratt and David Wilson Homes in 2019 and 2020 respectively. Alongside the new homes, Barratt and David Wilson Homes will provide a new surface water attenuation pond and a multi-use path and associated landscaping, which will enhance connectivity and link to the site’s planned primary school and local centre, for which site preparation works are currently underway. The sales conclude an active first half for Harworth’s residential developments, during which over 100% of its budgeted residential land sales for the year were completed, exchanged or under offer, and it also launched its first single-family Build to Rent portfolio.

 

Andrew Blackshaw, Chief Operating Officer at Harworth, commented: “Barratt and David Wilson Homes is a trusted and valued partner to Harworth, and we are pleased to be developing our relationship with these two significant land sales. Harworth is particularly well-placed in volatile markets as our serviced land provides housebuilders with a product which is de-risked and ready to build on from day one. The acceleration of both our Waverley and Thoresby Vale sites will see Harworth stepping through its strategy to take advantage of the placemaking and levelling up that these schemes ultimately bring to these communities. In addition, these sales will enhance the maturation of these socially diverse neighbourhoods when delivered alongside our recently launched single family Build to Rent product, Project Spur.”

 

Ed Catchpole, Joint Regional Director for Yorkshire & Central at Harworth, added: “Barratt and David Wilson Homes has a proven track record of high-quality housing delivery at Harworth sites, and these transactions will help to further accelerate the build-out and placemaking at Waverley and Thoresby Vale. Both sites are also set to benefit from additional investment which will see the creation of new Build to Rent homes and local amenities.”

 

Mark Cotes, Managing Director at Barratt and David Wilson Homes North Midlands, said: “We’re thrilled to have secured the land for an extension to our Thoresby Vale development and will look forward to another opportunity to meet the growing demand for housing in Nottinghamshire. Our growing community in Edwinstowe will continue to provide new jobs for local people and we’ll be making further ecological and financial investments as the development progresses.”

Source link

Continue Reading

Trending

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates 
directly on your inbox.

You have Successfully Subscribed!