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University of Lincoln Secures 99-Year Lease

A 99-year lease has been signed by the University of Lincoln and Bishop Burton College to secure the provision of land-based further and higher education at the Riseholme Campus. The new agreement, which benefits from the support of the Education and Skills Funding Agency, ensures practical land-based further and higher

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Savills Confirms New Letting at 36 Dover Street

Speaking for the clients of Triangle Investments and Developments, it has been recently announced that Savills has confirmed the new letting in 36 Dover Street, W1 for Integration Management Consultancy, which will then increase the occupancy level of the Mayfair building up to its maximum potential; a great piece of

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BDC 319 : Aug 2024

agreement

University of Lincoln Secures 99-Year Lease

A 99-year lease has been signed by the University of Lincoln and Bishop Burton College to secure the provision of land-based further and higher education at the Riseholme Campus. The new agreement, which benefits from the support of the Education and Skills Funding Agency, ensures practical land-based further and higher education informed by the latest scientific research and industry needs can continue to be delivered at Riseholme into the next century. “This is wonderful news, not just for the College, its staff and its students, but the whole of Lincolnshire. It means Riseholme College will continue to produce future generations of farmers and other skilled workers,” said chief executive and principal of Riseholme College Bill Meredith. “These are exciting times and this agreement will also provide opportunities for collaborative working with the University, including in applied research, technology transfer, staff development and student progression. We look forward to a long and successful partnership.” Part of Bishop Burton College, Riseholme College will continue to have access to the campus, which is owned by the University of Lincoln, to deliver further education for school-leavers in subjects such as agriculture, engineering and equine studies, including at Riseholmeÿs farm and equine centre. The university will make significant investments to enhance the educational facilities, as well as advancing its own specialisms in cutting-edge scientific research and higher education courses supporting the food and farming industries at Riseholme, which is home to the University’s Lincoln Institute for Agri-food Technology. Both the university and the college have confirmed their shared commitment to developing a centre of excellence at Riseholme drawing on the very latest research to ensure students at all levels have the knowledge and skills they need to drive the future of agriculture and its supply chain in Lincolnshire and beyond. “Lincolnshire is at the heart of the UKÿs thriving food and farming industries and we are absolutely committed to meeting the changing skills and research needs of businesses of all shapes and sizes, by working with industry and our educational partners,” added Prof Mary Stuart, vice chancellor of the University of Lincoln. “This landmark agreement ensures Lincolnshire can boast the complete range of post-16 educational opportunities, from short courses and apprenticeships through to Masterÿs and PhD level study, for decades to come. All this is underpinned by the world-leading research of our agri-tech specialists and Riseholmeÿs outstanding natural features and facilities, reinforcing its status as a jewel in the crown for our regionÿs agri-food sector.”

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Savills Confirms New Letting at 36 Dover Street

Speaking for the clients of Triangle Investments and Developments, it has been recently announced that Savills has confirmed the new letting in 36 Dover Street, W1 for Integration Management Consultancy, which will then increase the occupancy level of the Mayfair building up to its maximum potential; a great piece of news for Savills and all those involved. Integration Management Consultancy, a leading provider of management consultancy services has confirmed a new, ten year lease on the office space, measured in at 2,567 square feet and sitting across the second floor of the property. They are to sit alongside those already occupying the building, which includes Victoria Beckham’s famous boutique on the ground floor, and Mercer Real Estate Advisors also. Nodding to the way in which its client has successfully managed to refurbish and increase the value of the property on Dover Street, Savills’ Director in the West End Agency Team, Mark Gilbart-Smith expressed his enamour at the confirmation of the new letting, regarding its status as now fully-let as testament to the quality of the refurbishment. In the Mayfair area, a traditional vacancy rate sits at about 3.8%, with the location considered to be highly sought after. The present average occupancy currently sits at the lowest figure on record since Q3 2007, as reported by Savills. Of the property in the area, the firm estimates take-up in Mayfair for 2015 to total in at 586,022 square feet, which is some 14% beyond the long-term yearly average of 505,000 square feet. As for Savills extensive role in the property, the organisation had previously advised with regard to the procurement of the property, and is now responsible for the management of the property as a whole – a clear nod to Savills expert advice, reputation and ability to delivery on such high-value properties in prime locations. Search OfficeSpace was the representing party for Integration’s deal.

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