All Property Week articles in 14 March 2014
View all stories from this issue.
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Evans Randall lines up £180m Docklands sale
Evans Randall has appointed agents to bring the Financial Conduct Authority’s Canary Wharf headquarters to market, as it seeks to persuade the regulator to renew its lease.
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Developer gets green light for 625-bed Birmingham student scheme
Alumno Developments has been granted planning permission for a 625-bed student scheme in Birmingham.
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L&G Property to buy 105,000 sq ft City office
Legal General Property is under offer to buy Goldman Sach’s former City headquarters for around £72m.
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Flythrough of Paradise Circus plans unveiled
Developer Argent has released the latest plans for its Paradise Circus project in Birmingham.
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Two leave JLL for Capita
Capita has hired Piers Leigh and Chris Barrs from JLL’s south east office agency team.
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New shared workspace in Midtown
A new shared workspace called Huckletree Clerkenwell is set to open on Charterhouse Street on 1 April.
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Savills reports record 2013
Savills has reported a record rise in group revenue and profits in its full-year results for 2013.
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Catalyst offloads two city properties
The City of London Corporation has acquired two properties near Blackfriars station from Catalyst Capital for £32.45m, totalling 61,850 sq ft and reflecting a yield of 5.4%.
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Gloucester Business Park to house nuclear HQ
Horizon Nuclear Power has pre-let 51,787 sq ft at Gloucester Business Park to develop a new headquarters for UK nuclear energy specialists.
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Intu completes £867.8m shopping centre triple
Intu has agreed to buy Westfield’s Sprucefield retail park, on top of Westfield Derby and a 50% stake in Westfield Merry Hill, in a trio of deals worth £867.8m.
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Buyer picked for Lloyds' Project Aberdonia
Marathon Asset Management has bought Lloyds Banking Group’s Project Aberdonia for around £235m.
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UKCPT reports return to NAV growth
UK Commercial Property Trust has reported a return to NAV growth in its annual results.
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UPP appoints development director
Student housing provider UPP has appointed Paul Marshall as group business development director.
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Budget 2014: Money for flooding but not green property
The government plans to increase investment in flood defences by £140m over the next two years and create a £200m fund to fill potholes.
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Budget 2014: Osborne's £800m housing package
The chancellor has announced funding totalling £800m to increase the supply of new homes.
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Budget 2014: Stamp duty hit for homes over £500k
Companies buying homes worth more than £500,000 will be hit with a new 15% stamp duty requirement, as the government continues to clamp down on tax avoidance.
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Harry Hill joins new online property agency
Harry Hill, founder of Rightmove and former chief executive of Countrywide (pictured), is to become non-executive chairman of online platform easyProperty.com, which will launch in late summer.
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Sigma raises £8m of equity
Sigma has raised £8m through a share issue, which it will use to fund pre-development expenses associated with its current PRS pipeline of £2.6bn.
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Waitrose takes megashed on Magna Park
Waitrose has signed for a new 940,000 sq ft national distribution centre at Gazeley’s Magna Park Milton Keynes, the UK’s largest pre-let deal in two years.
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Cardiff Council pledges £33m for resi development
Cardiff Council is seeking a development partner for its housing partnership project which will invest up to £33m in 1,500 new homes over the next decade.