All Property Week articles in 11 December 2015
View all stories from this issue.
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Regus signs up for Patrizia’s Edmund House
Workspace provider Regus has agreed a lease on 16,206 sq ft at Patrizia and Oaktree’s Edmund House office scheme in Birmingham.
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AEW UK REIT builds £71.6m portfolio in first six months
AEW UK REIT has amassed a portfolio worth £71.36m in the six months since its IPO in May, half-year results have shown.
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Local Shopping REIT's property sales hit £90.2m
Local Shopping REIT has now sold £90.2m of property since shareholders approved plans for an “orderly liquidation of assets” in 2013.
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Harworth shares surge 11% on positive outlook
Harworth Group’s shares have soared after it revealed that the company’s financial performance for the year would be “significantly ahead of the board’s expectations”.
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M&G acquires Bloomberg HQ for £92.5m
M G has acquired the freehold ground lease of Bloomberg Place in the City of London from Legal General for £92.5m.
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Grosvenor completes £410m Liverpool refinancing
Grosvenor Fund Management has completed the £410m refinancing of Grosvenor Liverpool Fund, which owns the 2.4m sq ft Liverpool ONE shopping centre.
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London & Scottish submit major Scotland retail plans
Glasgow-based property developer London Scottish has submitted planning applications for a major redevelopment of ten former Tesco-owned sites in Scotland, totalling 500,000 sq ft.
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Workspace gets green light for Stratford resi scheme
Workspace has been granted planning permission for 200 residential units and office space on the site of the Marshgate industrial estate in Stratford.
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Orée arrives in UK with Chelsea store
Orée, the premium French artisan patisserie and boulangerie, is to launch its first UK flagship café in Chelsea next year.
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HIG Capital buys mall duo
An affiliate of HIG Capital has completed the acquisition of two regional shopping centres: The Kennet Centre in Newbury and the Kirkgate Centre in Bradford.
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US shares rise after interest rate hike
US shares closed higher on Wednesday after the US Federal Reserve announced its decision to increase interest rates.
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House prices set to leap 50% in ten years
House prices across the UK are set to rocket by 50% by 2025, reaching an average price of £419,000 according to the National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (ARLA) Housing 2025 report.
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US interest rate rise meets with positive early reaction
The US Federal Reserve has elected to raise interest rates in a move that has been welcomed by property and financial commentators.
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Andrews & Robertson posts £110m annual sales
Andrews Robertson has brought its annual sales total to £110m after its December auction: a 27% increase compared to last year.
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Scottish government to review business rates
Scottish finance secretary John Swinney has announced a review of the business rates system in his budget speech to Holyrood.
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Edinburgh office take-up to hit 1m sq ft
Take-up in Edinburgh’s office market is expected to surpass 1m sq ft this year as tech occupiers become increasingly active, according to Savills.
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Bruntwood secures Leeds office
Bruntwood has taken a new 150-year ground lease of City House, one of Leeds’ largest office buildings, from freeholder Network Rail.
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LondonMetric promotes Smith to executive committee
LondonMetric has promoted Andrew Smith to strategy director and made him a member of the company’s executive committee.
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Guy’s and St Thomas’ Charity buys Westminster office building
Independent charitable foundation Guy’s and St Thomas’ Charity has agreed to acquire the head lease of Becket House, a 146,000 sq ft office building opposite St Thomas’ Hospital, for £112m from U+I and Proprium.
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Macquarie provides £80m refinancing for Cottsway
Macquarie Infrastructure Debt Investment Solutions (MIDIS) has arranged and financed an £80m loan to Cottsway Housing Association, the largest housing association in West Oxfordshire.