All Property Week articles in 1 April 2016
View all stories from this issue.
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St Modwen shares rise 3% on appointment news
St Modwen’s appointment of Unite’s Mark Allan as its new chief executive has got the thumbs up from investors.
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Fred Done’s Salford PRS scheme gets green light
Property (Done) Limited, owned by Betfred boss Fred Done, has been granted planning permission for a 399 unit PRS scheme at The Crescent in Salford.
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Alecta to sell major UK and US portfolio
Swedish pension manager Alecta has appointed JLL to sell a major portfolio of 48 assets in the US and the UK worth an estimated $3.2bn (£1.84bn).
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Urban Union appoints managing director
Regeneration company Urban Union has appointed Susan Hallsworth as its manging director.
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Regional REIT makes disposals totalling £21.5m
Regional REIT has sold two properties in Glasgow and Wrexham for a total of £21.5m.
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The Stage sees £60m of sales at launch
Galliard Homes and Cain Hoy have sold more than £60m worth of flats at their Stage development in Shoreditch at the launch event.
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M&G secures New Look and Ernest Jones for Scottish shopping centre
M G has let a total of 18,000 sq ft of space at its Ayr Central shopping centre to New Look, Ernest Jones and HMV.
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New chief execs at St Modwen and Unite
Unite’s boss Mark Allan is stepping down after 17 years to become the new chief executive of St Modwen.
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SEGRO partners with Barratt London on Hayes scheme
SEGRO has selected Barratt London as the residential partner to deliver over 1,000 homes on the former Nestle plant in Hayes, west London.
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Rockspring buys four multi-let estates for £27m
Rockspring Property Investment Managers has bought four multi-let industrial assets in England and Scotland for £27m.
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Pacific Eagle circles £220m City office
Hong Kong based Pacific Eagle will make its debut UK real estate purchase, after agreeing terms to buy a City of London office building for around £220m.
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Hermes sells Bramah House for £14.25m
Hermes Investment Management has sold the Bramah House office building in Bermondsey to Canada Life for £14.25m, reflecting a net initial yield of 4.5%.
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Praxis secures letting at Cobalt Business Park
Praxis has brought its holdings at Cobalt Business Park in Newcastle to full occupancy after securing a letting to Leeds Building Society.
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Stamp duty charge prompts fears of central London slowdown
A stamp duty increase for investors and second home buyers has contributed to a slowdown in the central London residential market, according to JLL.
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Plans submitted for Woodlands Business Park extension
Barwood Capital has submitted revised plans for a major extension of Woodlands Business Park in Milton Keynes.
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Spec sheds completed by Anglesea and Goodman
Anglesea Logistics Partnerships and Goodman have completed the development of 602,000 sq ft of warehouse space in Hampshire and Kent.
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Four restaurants sign up at Brighton Marina
Brunswick Developments has let four restaurant units at Marina Boardwalk, part of the West Quay development at Brighton Marina.
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Grainger buys Liverpool PRS scheme
Grainger has bought 120 furnished apartments and townhouses in Liverpool for £14.5m.
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Housing association merger could create £30bn top four housebuilder
Housing associations L Q, The Hyde Group and East Thames have entered into merger talks with a view to creating one of the country’s top four largest housebuilders, worth an estimated £30bn.
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Osprey to fund £80m east London aparthotel
Osprey Equity Partners has struck a deal to forward fund the £80m development of an aparthotel in east London.