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Ivanhoé Cambridge and PIMCO Prime Real Estate announce the completion of Stonecutter Français
Ivanhoé Cambridge and PIMCO Prime Real Estate announce the completion of Stonecutter Français

Cision Canada

time5 days ago

  • Business
  • Cision Canada

Ivanhoé Cambridge and PIMCO Prime Real Estate announce the completion of Stonecutter Français

This prime office space in the heart of London achieved 93% pre-leasing at Practical Completion LONDON, May 29, 2025 /CNW/ - Ivanhoé Cambridge, the real estate group of CDPQ, and PIMCO Prime Real Estate announced today the completion of Stonecutter, a 13-story super-prime office building in the heart of London. This milestone represents the culmination of the redevelopment creating a state-of-the-art workspace, tailored to meet the demands of modern businesses with its optimized floor plates and sustainable features. The 240,000 sq ft office space is 93% leased to law firm Travers Smith and travel platform company Trainline. " The completion of Stonecutter and the decision by our tenants to partner with us underscore the fact that high-quality workspaces with exemplary sustainable credentials are what companies are looking for in today's evolving office landscape. This redevelopment provides increased amenities to its occupiers, helps reduce the carbon footprint of the building and offers new life to the London office sector," said Christina Forrest, Managing Director, Real Estate, Europe, at CDPQ. Niki Dembitz, Head of UK & Ireland at PIMCO Prime Real Estate, commented: " We have been consistent in our conviction that high-quality, well-located office concepts will continue to be in high demand. That Stonecutter is 93% leased on completion confirms this conviction. We're excited to be delivering this state-of-the-art office to our tenants, creating long-term value to our clients and adding to the City of London's appeal." Situated in Farringdon, one of London's most desirable and vibrant areas, the property offers easy access to transport hubs, prestigious residential neighbourhoods, shops, restaurants and the new cultural institutions soon to arrive in Smithfield. The redevelopment project successfully increased the net lettable area from the previous building by 66%. The new building is arranged over basement levels, ground, podium, and 13 upper floors, three of which benefit from expansive roof terraces. Stonecutter has been constructed with one of the lowest embodied carbon inputs of any new office building in the City of London at 581 kg CO 2 per square metre. This is a significant saving on the London Plan aspirational target of 600 kg CO 2 per square metre. The building will operate on a net zero carbon basis, benefitting from electric heating and cooling and a commitment to procure renewable power where available. The property aligns with BREEAM and WELL certifications and follows the CRREM pathway ensuring compliance with the Paris Accord and meeting the highest standards of environmental performance. Stonecutter is also forecast to emit just 263 kg CO 2 per person through occupation, which is 44% of the Paris Accord's outlined target of 600 kg of carbon emissions per person per year for real estate activities. In 2021, Ivanhoé Cambridge and PIMCO Prime Real Estate secured a major off-plan pre-let with the leading UK law firm, Travers Smith, committing to a 15-year lease on 158,000 sq. ft. The move is scheduled for March 2026. In March 2025, a second major lease of 60,000 sq ft was concluded with Trainline, the leading independent rail and coach travel platform, for a 10-year term. Trainline is set to move to its new headquarters in 2026. The redevelopment, designed by TP Bennett, was managed by CO-RE as the development manager and MACE as the general contractor. For more information on Stonecutter, visit About Ivanhoé Cambridge Ivanhoé Cambridge, the real estate portfolio of CDPQ, manages CAD 75 billion in gross assets. Through strategic alliances, it has established a global presence, holding interests in over 1,500 properties across the logistics, residential, office, and retail sectors. As a global investment group managing funds for public pension and insurance plans, CDPQ works alongside its partners to build enterprises that drive performance and progress. CDPQ is active in the major financial markets, private equity, infrastructure, real estate and private debt. As at December 31, 2024, CDPQ's net assets totaled CAD 473 billion. For more information: / About PIMCO Prime Real Estate A leading global real estate investor and manager, PIMCO Prime Real Estate is a PIMCO company and part of the PIMCO real estate platform, focusing on the Core and Core+ segments of the market and managing the Allianz group's $85B real estate mandate. PIMCO's real estate platform is one of the largest and most diversified in the world, with $174B 1 in assets and a broad set of solutions that leverage decades of expertise across public and private equity and debt markets. 1 As of December 2024. All figures in USD. AUM includes c. $90B in estimated gross assets managed by PIMCO Prime Real Estate, which includes PIMCO Prime Real Estate GmbH, PIMCO Prime Real Estate LLC, and their subsidiaries and affiliates. PIMCO Prime Real Estate LLC investment professionals provide investment management and other services as dual personnel through Pacific Investment Management Company LLC. PIMCO Prime Real Estate GmbH operates separately from PIMCO. For more information CDPQ Media Relations Team + 1 514 847-5493 [email protected] PIMCO Prime Real Estate Phillip Lee PIMCO Prime Real Estate – Media Relations Ph. +49 (0)89 3800 8234 Email: [email protected]

'We have a small, loyal group of supporters that we care about a lot'
'We have a small, loyal group of supporters that we care about a lot'

The 42

time23-05-2025

  • Sport
  • The 42

'We have a small, loyal group of supporters that we care about a lot'

AS WELL MICHEÁL Aodh Martin might recall this Saturday's opponents Meath (Navan, 3pm), as Cork and their goalkeeper get ready for the opening round of their All-Ireland group stages. A goalkeeper in the more traditional mould, Martin was never one to go for a wander around the field until the Football Review Committee measures came into effect for the first few rounds of the league. With a potential 12 attackers facing 11 defenders, it meant having a roving goalkeeper was not only preferable, but essential to breaking down the opposition. Therefore, Martin was forced to go looking for the ball in open play, something he hadn't stressed over in the past. As it happens, he got on plenty against Meath. While he didn't split the posts himself, he provided an assist before he had to leave the field injured after 52 minutes. A few weeks later, it was all different again as certain tweaks were made to avoid the numerical advantage. Martin doesn't lament that change as much as others. 'The lads who play outfield for their clubs are obviously more comfortable in taking ball into contact and stuff. And then the lads who wouldn't have, you were still an extra man.' All the same, he wouldn't have been getting bolshy in the way of a Niall Morgan about potential restrictions on goalkeepers. 'That comes down to individuals then a lot of the time,' he says. Advertisement 'I suppose when I grew up, when I actually became a goalkeeper, it was probably pre-Stephen Cluxton and he probably changed everything really. He literally changed the game. Prior to him, it was shot-stopping, catching the ball and kicking it out long. So that's the way I grew up. 'But that will always come down to personal preferences and goalkeepers should really not have too much of a say in that debate because that rule change is about the game for the spectator, as opposed to a goalkeeper's individual feelings. And then myself, it probably applied to me less. I wasn't a roaming goalkeeper.' The obvious question to ask any goalkeeper of course, is why they became a goalkeeper? 'I always enjoyed saving the ball. I was a hurling goalkeeper. Literally as a child, you're a hurling goalkeeper, a soccer goalkeeper. 'I don't know what put me in there but I was in for everything. It was probably hurling actually. I don't know what it was but it was the old rubber mats in a hall, you used to get to dive around on them with the indoor hurling. 'That was actually what started it. Then someone realises that fella has got half-decent reflexes and you end up in there for everything.' After the first league game, he was observational in his comments and assessment, rather than for or against, saying, 'I actually think [the long kick-out] is nearly slowing the game down at the moment, but look, that's just an opinion. Some people love the contest. I get that too, and don't have a problem with it. I don't mind kicking out long. 'There's no point pretending; it is probably going back in time a small bit.' On reflection and with a greater sample size to assess, he revisits the issue. Ben Brady / INPHO Ben Brady / INPHO / INPHO 'I see positives and negatives to it. I probably hadn't thought that night about the knock-on impact of it, which is the fact that a team having a chance to win the ball back does encourage shooting. 'So when you actually take a step back and look at the whole game, I think that's a major part of it. The fact that it's a contest for possession after you kick a wide or a score means teams are more willing to go for those scores, which is a positive.' '…There are positives and negatives and the main thing is most people are positive overall about the rules. You can always nitpick one or two but if you take a step back, are people enjoying the games more? Yeah, I think so. 'Are players enjoying playing more? Yes. 'And David Gough was saying referees are enjoying refereeing more so you have to look at the big picture. There will always be one or two and everyone will have individual opinions on one or two. But that's the main thing.' The example of Armagh goalkeeper Ethan Rafferty in the Ulster semi-final win over Tyrone was a huge one for Martin, albeit Tyrone did not apply a man for man press on the Armagh restarts. 'Everyone kind of stood up and took notice of Armagh. I think they were 17 from 18 so I have no doubt a lot of people will be looking at them, like how did that happen?' he asks. 'Because a lot of the games throughout the league would have been close to 50-50. And then if you were breaking on the right side of 50-50, you were doing OK because you were hopefully hurting the other team on their kick-out. 'Obviously we can't get around the fact that there's less green grass to hit, so inevitably there's going to be more where there's a long ball. But keepers have shown that they can. 'I think as the weather improved, people sometimes underestimate the impact of the weather. League games are played in totally different conditions. 'Those kicks to pockets, they're really not on in some of those weather conditions, whereas I think for the first time in the last couple of weeks now, you've started to see teams going for those riskier kick-out. It's an interesting thing. We all have to look at it and maybe try and do a bit better.' In other years, Martin has been a regular attender of Cork hurling games. The recent hype around the Rebels has been punctured by the 16-point defeat to Limerick but all the same, their fevered support has always been something that contrasts heavily with the smaller group of Cork football afficionados. Jealous, much? Related Reads Meath game a measure of what Dublin have lost, Galway in Salthill will test further Barrett returns for Cork, Kerry make two changes with Paudie Clifford absent from squad Here we go: The eight teams that start the race for Sam Maguire this weekend 'No, I'm not,' laughs Martin. 'Our aim and our hope is to be playing in big Championship games that Cork people want to go to and that we draw those crowds. But I've been involved with the Cork team since 2015 on and off and this is the way I've always known it. It is what it is. 'We have a small, loyal group of supporters that we care about a lot. There's a small group that will come up to Fermanagh and places and we really value them as well. 'So I'm not envious. It would be great, don't get me wrong, and I hope to get the chance to play in games where we do draw that support. But I don't look at it with envy or anything like that.' There's only one place to start; Saturday in Navan. * Check out the latest episode of The42′s GAA Weekly podcast here

Skanska constructs commercial office development Botanic Place in Cambridge, UK, for GBP 199M, about SEK 2.6 billion
Skanska constructs commercial office development Botanic Place in Cambridge, UK, for GBP 199M, about SEK 2.6 billion

Yahoo

time22-05-2025

  • Business
  • Yahoo

Skanska constructs commercial office development Botanic Place in Cambridge, UK, for GBP 199M, about SEK 2.6 billion

STOCKHOLM, May 22, 2025 /PRNewswire/ -- Skanska has signed a contract with Railpen for construction and mechanical and electrical engineering services for the commercial office development Botanic Place in Cambridge, UK. The contract is worth GBP 199M, about SEK 2.6 billion, and will be included in the order bookings for Europe in the second quarter of 2025. The Botanic Place project is part of an overall investment by Railpen worth GBP 242M. The two-building development will create approximately 31,000 square meters (approximately 333,000 sq ft) of workspace. The project also includes restoring the building shell of the former Flying Pig pub. Botanic Place will feature 3,700 square meters (40,000 sq ft) of terraces on multiple levels designed for both private and communal use, enhancing connectivity and community interaction. Botanic Place aims to meet high operational and environmental standards, targeting BREEAM Outstanding, WELL `Platinum', and WiredScore `Platinum' ratings. Construction has commenced and is expected to be completed by early 2028. For further information please contact: Matthew Woodhouse, Senior Communications Business Partner, Skanska UK, tel +44 739 209 8683 Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94 Direct line for media, tel +46 (0)10 448 88 99 This and previous releases can also be found at This information was brought to you by Cision The following files are available for download: 20250522 UK Botanic Place Railpen - Botanic Place 1 Railpen - Botanic Place 2 View original content: SOURCE Skanska Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

WELL Health Enters into Automatic Share Purchase Plan
WELL Health Enters into Automatic Share Purchase Plan

Business Wire

time20-05-2025

  • Business
  • Business Wire

WELL Health Enters into Automatic Share Purchase Plan

VANCOUVER, British Columbia--(BUSINESS WIRE)--WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (' WELL ' or the ' Company '), a digital health company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, announced today that it has entered into an automatic share purchase plan (' ASPP ') with a broker in order to facilitate repurchases of the Company's common shares (' Common Shares ') under its previously announced normal course issuer bid (' NCIB '). WELL previously announced that it had received approval from the Toronto Stock Exchange (' TSX ') to, during the 12-month period commencing May 20, 2025 and terminating May 19, 2026, purchase up to 6,326,417 Common Shares, representing approximately 2.5% of the 253,056,708 Common Shares issued and outstanding as of May 7, 2025, by way of a NCIB on the TSX or through Canadian alternative trading systems or by such other means as may be permitted under applicable law. During the effective period of WELL's ASPP, WELL's broker may purchase Common Shares at times when WELL would not be active in the market due to insider trading rules and its own internal trading blackout periods. Purchases will be made by WELL's broker based upon parameters set by WELL when it is not in possession of any undisclosed material information about itself and its securities, and in accordance with the terms of the ASPP. Outside of the effective period of the ASPP, Common Shares may continue to be purchased in accordance with WELL's discretion, subject to applicable law. The ASPP has been entered into in accordance with the requirements of applicable Canadian securities laws. WELL HEALTH TECHNOLOGIES CORP. Per: 'Hamed Shahbazi' Hamed Shahbazi Chief Executive Officer, Chairman and Director About WELL Health Technologies Corp. WELL's mission is to tech-enable healthcare providers. We do this by developing the best technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. WELL's comprehensive healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. WELL's solutions enable more than 42,000 healthcare providers between the US and Canada and power the largest owned and operated healthcare ecosystem in Canada with more than 200 clinics supporting primary care, specialized care, and diagnostic services. In the United States WELL's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL is publicly traded on the Toronto Stock Exchange under the symbol 'WELL' and on the OTC Exchange under the symbol 'WHTCF'. To learn more about the Company, please visit:

GHR Lakshmi Urbanblocks Infra LLP Receives RERA Registration for Flagship Project 'The Cascades Neopolis' in Hyderabad
GHR Lakshmi Urbanblocks Infra LLP Receives RERA Registration for Flagship Project 'The Cascades Neopolis' in Hyderabad

Business Standard

time17-05-2025

  • Business
  • Business Standard

GHR Lakshmi Urbanblocks Infra LLP Receives RERA Registration for Flagship Project 'The Cascades Neopolis' in Hyderabad

VMPL Hyderabad (Telangana) [India], May 17: GHR Lakshmi Urbanblocks Infra LLP, a joint venture between three new-age realty developers--GHR Infra, Laxmi Infra and Urbanblocks Realty--proudly announces the receipt of RERA registration for The Cascades Neopolis, its flagship residential project located in the heart of Hyderabad's thriving locality of Kokapet. The project is now officially registered under RERA No. P02400009538, demonstrating the company's commitment to transparency, legal compliance, and customer trust in the real estate sector. Soaring 63 floors into the Hyderabad skyline, The Cascades Neopolis redefines luxury living across 7.34 acres of land. With 1,189 exquisitely crafted sustainable residences and 10 triplex penthouses, it is a masterpiece of contemporary design and opulent amenities. Designed by UHA London, Coopers Hill (Singapore), and Studio HBA (Singapore), the project incorporates world-class design with cutting-edge technology. The development offers a WELL Pre-Certified and IGBC Pre-Certified environment, ensuring sustainable living. With Smart Home Automation and the onboarding of some of the World's best International Concierge Services, The Cascades Neopolis delivers an emblematic lifestyle for those who aspire to live above it all. This iconic development is built around the concept of three pillars: Wellness, Sustainability, and Smart Living, ensuring a harmonious, future-ready living experience. With the inauguration of its sales lounge in Kokapet recently, interested buyers can now directly visit the site and explore the project further. Karteesh Reddy M, Designated Partner (GHR Infra), GHR Lakshmi Urbanblocks Infra LLP, said, "This RERA approval reflects volumes about the kinds of effort we put in to create not just spaces compliant with regulatory norms but also to showcase our relentless pursuit of offering unparalleled quality. This is an achievement we're proud of as we continue to redefine urban space in Hyderabad." "A RERA registration for The Cascades Neopolis is a top milestone for us," said Mr. Lakshmi Narayana G, Designated Partner (Laxmi Infra), GHR Lakshmi Urbanblocks Infra LLP. "Such registration affirms our dream of delivering homes that portray transparency, innovation, and customer-centric values. We look forward to developing this contemporary community and providing long-term value and quality living." Reflecting this sentiment, Sharat V, Designated Partner (Urban Blocks Realty) of GHR Lakshmi Urbanblocks Infra LLP, stated, "Getting RERA registration for The Cascades Neopolis is a validation of our combined efforts to create a project that is in harmony with compliance, sustainability and innovation by setting new standards for what a home can be." Strategically positioned, The Cascades Neopolis offers optimal accessibility to major business hubs, schools, medical centres, and lifestyle amenities. With its luxury amenities and city-centre location, the project is set to be the number one preference for homebuyers and investors looking for value for money and quality. About GHR Lakshmi Urbanblocks Infra LLP: GHR Lakshmi Urbanblocks Infra LLP is a Hyderabad-based real estate development firm committed to delivering innovative, high-quality, and sustainable infrastructure solutions. Established in 2023, it is a first-of-its-kind joint venture between three leading real estate developers - GHR Infra, Laxmi Infra, and Urban Blocks Realty. The partnership is focused on creating residential projects that set new industry standards, reflecting a shared vision for innovation and sustainability.

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