All Property Week articles in 1 May 2015
View all stories from this issue.
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OnlineGovernment could improve support for PRS, say experts
The GLA headquarters PRS experts have said the government has ‘room for improvement’ in its support of the private rented sector, as law firm Addleshaw Goddard and the British Property Foundation launched a Making Renting Viable report today. Speaking at the event, many praised the government’s commitment to build to ...
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MarketsInvestors plan to buy back Swindon's Brunel shopping centre
The Brunel, Swindon’s covered in-town shopping centre, may end its three-and-a-half years in receivership in the next couple of months.
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OnlineThe FTSE falls as Britain heads to the polls
As Britain went to the polls to vote, investors took flight and the FTSE 100 fell to its lowest level in a month on Thursday.
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OnlineL&G swoops on £90m South East office
Legal General is under offer to buy a trophy South East office building for around £90m.
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OnlinePotbelly Sandwich Shop to open first UK branch at Westfield Stratford
US restaurant chain will start trading in the shopping centre this summer
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OnlineEveryman Cinema signs up for Canary Wharf's Crossrail Place
The boutique cinema operator has taken a 10,800 sq ft space at the site, where a Crossrail station is set to open in 2018
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Online
Patron buys The Mint office in Leeds
Patron Capital has acquired The Mint office building in Leeds – which is home to Asda and Dart – for £30m.
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OnlineMorrisons shrinks store estate in first quarter
Morrisons closed more stores than it opened in the first quarter – as the supermarket reported another drop in sales.
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Online
Key election issues for property
At Christie + Co we work across such a variety of sectors and understand that our clients and potential clients will all feel the effect of the election outcome, particularly as a hung parliament is looking likely.
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Online
Mansion ‘debt tax’ may force many home-owners to sell up
If a Labour-led government assumes power and introduces a ‘mansion tax’ on higher value homes, the knock-on effects could prove disastrous for thousands of ordinary home-owners who still have mortgages on their properties or who have invested for their retirement in property.
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OnlineChinese insurer runs slide rule over Deutsche Pfandbriefbank
Anbang Insurance Group of China is reportedly in talks to buy the commercial real estate lender Deutsche Pfandbriefbank (PBB).
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OnlineCamden landlord makes second tech company acquisition
Market Tech, the Camden Market landlord, has acquired e-commerce marketing company Stucco Media for $34.5m.
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OnlineFrogmore snaps up struggling Manchester retail park
A retail park near Manchester that was the site of an aborted £30m Tesco store has been acquired by Frogmore for £17.75m.
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Online
Ediston's new REIT secures long-term debt from Aviva
Ediston Real Estate’s new listed vehicle, Ediston Property Investment Company (EPIC), has secured a 10-year £40m loan at a fixed interest rate of 3.09%.
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OnlineScottish sales fell by a third in first quarter of 2015
Figures show that the value of commercial property sales dropped from £975m in the final quarter of last year to £615m, with Edinburgh hit particularly hard
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OnlineDerwent completes exceptional quarter of lettings
Derwent London has secured lettings totalling £11.3m a year so far in 2015 – 23% more than in the whole of last year.
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OnlinePalace Capital appoints finance director
Palace Capital has appointed Stephen Silvester from NewRiver Retail as finance director.
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OnlineAEW Europe buys City office for £24m
AEW Europe has acquired 24-28 Martin Lane in the City of London for around £24m.
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OnlineOversubscribed Landmark fund hits $1.6bn
Landmark Partners, the real estate investment and private equity group, has revealed its Landmark Real Estate Fund VII (LREF VII) reached $1.6bn (£1.05bn) at its final close.
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OnlineKennedy Wilson reveals 14% dividend jump
Kennedy Wilson Europe Real Estate has revealed a 14% leap in its dividend to 8p per share in it first quarter update.
