UK - The £2.2bn South Tyneside Metropolitan District Council Tyne & Wear Pension Fund has secured the letting of Sterling Court - a 12,700 sq ft office building in Bracknell - to Redwood Technologies.
South Tyneside was advised by Aberdeen Property Investors and secured a headline rent of £18 per sq ft for a term of five years.
Rogers Chapman and FPD Savills acted for the landlord.
Redwood was unrepresented.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.