All Property Week articles in 14 September 2012
View all stories from this issue.
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Waverleygate on market for £50m
Highcross has instructed Montagu Evans to sell Waverleygate, a listed multi-let office building in Edinburgh city centre.
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Kallakis was “one of bank’s biggest private clients”
Achilleas Kallakis rose to become one of Allied Irish Bank’s largest private clients following years of lavish hospitality, a court heard today.
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Lib Dems table emergency planning motion
The liberal democrats have tabled an emergency motion calling for the most recent round of planning reforms to be withdrawn from the Coalition’s agenda.
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Morgan Sindall selected as £1bn development partner
Morgan Sindall Investments Limited has been appointed as preferred partner for Slough Borough Council’s local asset backed vehicle joint venture.
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LandSecs and British Land ponder Aberdeen shopping centre sales
Land Securities and British Land are considering selling their Scottish retail joint venture, with a price tag of more than £200m.
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Merrion Centre is healthy move for Pure Gym
Pure Gym is set to become the first new tenant at New Front, the leisure scheme being launched by Town Centre Securities at its Merrion Centre site, the businessdesk.com reports.
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Government wins landmark stamp duty case
HM Revenue Customs has won a landmark court ruling that could close a £170m stamp duty loophole.
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Cording Group appoints new chief exec
The founder of Cordea Savills and its former executive chairman John Partridge has been appointed to the position of executive chairman of the Cording Group.
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US embassy scheme approved
Detailed designs for the new US embassy complex in London’s Nine Elms were approved by Wandsworth Council last night.
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British Land's £1.5bn Meadowhall tie-up
Norway’s sovereign wealth fund is about to complete the £750m purchase of a 50% stake in the Meadowhall shopping centre in Sheffield, leaving British Land with its 50% ownership.
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Quintain quits regions
Listed property company Quintain is selling a fund that holds a high-yielding portfolio of regional property as a result of new chief executive Max James’s review of the business.
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Giant shopping centre fund in administration
One of the UK’s largest shopping centre funds, with debt of more than £350m, has been put into administration.
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Pfizer appoints CBRE and JLL for global mandate
Jones Lang LaSalle and CBRE have been reappointed to advise pharmaceuticals company Pfizer on its 80m sq ft property portfolio.
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David Wilson Homes signs development agreement with Newbury Racecourse
David Wilson Homes, part of Barratt Developments, has completed a joint venture development agreement for a redevelopment of Newbury Racecourse.
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O2’s owner AEG up for sale
The company that owns and operates London’s O2 Arena has been put up for sale by its parent, the Anschutz Company.
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Franc Warwick breakaway
Two of Franc Warwick’s rising stars have left the company prior to its takeover by CBRE, and have started up their own niche firm.
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Primark to create 180,000 sq ft store on Oxford Street
Primark is in talks with Frogmore and Land Securities to extend its store at the eastern end of Oxford Street, which is due to open tomorrow.
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Petchey puts brakes on car business with Lookers sale
Trefick, a vehicle owned by veteran property entrepreneur Jack Petchey, has sold its stake in car dealership company Lookers for £44m.
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Lib Dem crackdown on overseas market for central London flats
The Liberal Democrats are to propose a clamp down on second homes being sold to foreigners in central London at their party conference next week.