All Property Week articles in 12 July 2013
View all stories from this issue.
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OnlineMars orbits Livingston Designer Outlet
Land Securities and Aviva Investors are in talks to sell their Livingston Designer Outlet mall in Scotland to the Mars Pension Fund for a price thought to be around £60m-£65m, Property Week can reveal.
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OnlinePatron vehicle buys petrol stations
The Patron Captial Partners-backed property investment vehicle Scorpion has acquired 54 petrol stations across the UK for more than £50m.
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OnlineCapCo to launch 35 acre Earls Court joint venture with Transport for London
Transport for London is on the verge of agreeing a deal with Capital & Counties that would give it a major long-term interest in the redevelopment of the Earls Court exhibition centres, as the public body turns a corner in its ambitions to drive ongoing value from its estate, Property ...
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OnlinePramerica buys properties in Leicester and Chester for £9.5m
Pramerica Real Estate Investors has completed two acquisitions in Leicester and Chester with a combined value of £9.5m on behalf of one of its separate client account mandates.
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OnlineColliers bolsters investment team
Colliers International has recruited investment agent John Hanson (pictured) to join the firm as a director in the national investment team led by Andre James.
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OnlineNew appointment for AXA Real Estate Investment Managers
AXA Real Estate Investment Managers has today announced the appointment of Nathalie Charles (pictured) as regional head of asset management and transactions in the southern region.
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OnlineClipstone acquires south east industrial park for £12m
Clipstone has bought Optima Park in Crayford, south east London, in two separate transactions.
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OnlineLaw firm abandons 60,000 sq ft Birmingham move in favour of regear
A law firm that had agreed terms on a move from Brindleyplace in Birmingham to Nurton Developments’ 2 Colmore Square has abandoned the relocation.
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OnlineCentral Leeds office take-up soars as out-of-town suffers
The Leeds Office Agents’ Forum has released its quarterly take-up figures for the Leeds office market, which show total city centre take-up reached 203,145 sq ft across 23 transactions in the second quarter, and a 260% increase compared with Q2 2012.
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OnlineEnergy firm signs £120/sq ft Mayfair lease
Noble Corporation, one of the world’s largest offshore drilling contractors, has signed a £120/sq ft lease on Devonshire House in Mayfair in one of six lettings at the building, totalling 32,000 sq ft.
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OnlineLondonMetric buys JP Morgan portfolio
LondonMetric Property has bought a pair of retail warehouses in Cardiff and Milton Keynes from clients of JP Morgan Asset Management for £25.8m, reflecting a combined net initial yield of 8%.
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OnlinePure Gym agrees 24 new sites following cash injection
Budget gym operator Pure Gym has agreed deals to open 24 new sites in the last six months.
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OnlineEnergy firm signs £120/sq ft Mayfair lease
Noble Corporation, one of the world’s largest offshore drilling contractors, has signed a £120/sq ft lease on Devonshire House in Mayfair in one of six lettings at the building, totalling 32,000 sq ft.
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OnlineLegal & General signs 31,500 sq ft Agar Street letting
Law firm Davenport Lyons has announced that after 23 years of being located in 30 Old Burlington Street in London’s Mayfair, it is moving to Legal General’s 6 Agar Street.
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OnlineCommittee calls for overhaul of private rented housing
A government committee has called for an overhaul of the legislation surrounding private rented housing to raise standards in the sector.
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OnlineMinerva set for Ram Brewery approval
Minerva has moved a step forward in its bid to redevelop a 1m sq ft site in Wandsworth.
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OnlineVideo Analysis: Eurohypo - inside the biggest deal of the year
This week, Wells Fargo and Lone Star Funds signed an agreement to acquire the £4bn loan book of Commerzbank’s Eurohypo.
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OnlineWelsh government could be handed property tax powers
The government will consult businesses on whether Wales should be handed powers over stamp duty land tax, the Treasury announced today.
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OnlineBoris approves Shell Centre revamp
Mayor of London Boris Johnson has approved plans to redevelop the Shell Centre on London’s South Bank.
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OnlineMust-have bag company quadruples production space
The Cambridge Satchel Company has taken the lease on a factory in Leicester in order to triple its production.
