All Property Week articles in 10 July 2015
View all stories from this issue.
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Osborne orders public land sale to balance budget
Government departments will be told to identify land for sale as part of government plan to save £20bn by 2020, chancellor George Osborne announced today.
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UK hotel deals increase by 172%
Sales of UK hotels have more than doubled in the first half of this year, compared to the same period in 2014.
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Travelodge owners plan £1bn sale or float
Investment bank Goldman Sachs and hedge funds GoldenTree Asset Management and Avenue Capital have appointed Deutsche Bank to advise them on the £1bn sale or stock market float of the Travelodge hotel chain.
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UK & European submit plans for £30m Stratford redevelopment
UK European Investments has submitted a revised planning application to redevelop Stratford Town Square in the heart of Stratford-upon-Avon.
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Milliner to the royals opens debut UK store
Milliner Jane Taylor is to launch her debut UK store on London’s King’s Road.
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L&G makes debut school investment in Tottenham
Legal General’s Limited Price Inflation Income Property Fund (LPI) has acquired an £11m primary school from Tottenham Hotspur football club as part of the area’s regeneration scheme
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Cadogan submits redevelopment plans for Kings Road
Chelsea landlord and developer Cadogan has submitted new plans to redevelop a site on the Kings Road in Chelsea including the Curzon cinema, after a similar scheme was rejected last year.
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AEW Europe buys third City asset for new fund
AEW Europe has acquired St Clement’s House in the City for about £25m in an off-market deal.
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Sinar Mas buys Alphabeta for more than £250m
Indonesian investor Sinar Mas Land is buying the Alphabeta office building on the border of Shoreditch and the City for more than the guide price of £250m.
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Singaporean developer buys major stake in Galliard
Singaporean property developer Oxley Holdings has acquired a 20% stake in Galliard Group for £50m.
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New hotel and apartments planned for Hyde Park Corner
A joint venture between Grosvenor and The Hong Kong and Shanghai Hotels Limited is proposing a new 190-room hotel and up to 28 apartments on Grosvenor Place.
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Tristan hits €1.5bn hard cap in fastest ever capital raise
Tristan Capital Partners has achieved the fastest capital raising in the firm’s history, with almost €1.5bn (£1.05bn) raised for its latest value-add fund in just four months of marketing.
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Merlin announces €1.03bn capital raise
Spanish property company Merlin Properties has announced a €1.03bn (£720m) capital raise – which comes a month after it agreed to buy Testa for €1.79bn.
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Europe sees strongest second quarter since 2007
Investment in commercial property in Europe in the second quarter of 2015 is up 15% on the same period last year at nearly €56bn (£39bn), according to CBRE.
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Deutsche Pfandbriefbank sets IPO price at bottom of range
The float price for Deutsche Pfandbriefbank (PBB) has been set at €10.75 (£7.50) a share – at the lower end of expectations – giving it a market cap of €1.45bn.
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Higher rents and refinancing boost Workspace
Workspace shares were boosted on Wednesday by news of a refinancing and strong rental growth.
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Atlantic Square scheme gets green light
Glasgow City Council has granted planning permission to BAM Properties and Taylor Clark Properties’ Atlantic Square office scheme.
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Lidl buys land for new UK HQ
Lidl UK is to build a brand new head office in Tolworth, south west London, after buying a site from Kingston council for £10m.
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JLL poaches Colliers City man
JLL has poached top City of London agent Simon Crotty from Colliers International to strengthen its central London office agency team.
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Colliers man joins Bluebook
Felix Fiennes has left Colliers International to join West End office agency Bluebook.