All Property Week articles in 15 July 2016
View all stories from this issue.
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Online
Dublin's Liffey Valley up for sale for €600m
The owners of the Liffey Valley Shopping Centre in Dublin have hired Eastdil to market the property and adjacent land for about €600m.
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Online
Home ownership stops falling, say government stats
The number of people in England that own their own home has not reduced significantly for the first time since 2001, according to government data.
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Online
Developers seal the deal on huge Brent Cross scheme
Argent Related, Hammerson and Standard Life investments have signed a development agreement with Barnet Council for the 7,500-home Brent Cross Cricklewood regeneration scheme.
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Online
Government must act to prevent downturn, says BPF
The British Property Federation (BPF) has called on government to consider a raft of policy measures to support real estate, following a RICS report which showed a significant decline in activity in the commercial property market around last month’s Brexit vote.
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Online
Brookfield says Dunne collapse won't delay 100 Bishopsgate
Brookfield Property Partners has said 100 Bishopsgate will be delivered on time after a subcontractor on the scheme, The Dunne Group, fell into administration this week.
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Online
CBRE GIP buys Bristol retail park for £88.8m
CBRE Global Investor Partners has acquired the Willow Brook Centre in Bristol for £88.8m.
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Online
Land Securities proposes bumper dividend
Land Securities has proposed a bumper 9.9% increase in its total dividend for the year despite warning of “subdued” occupier demand following the EU referendum.
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News
Ambitious plans unveiled for Edinburgh BHS
LaSalle Investment Management has revealed plans for a major redevelopment of the BHS store in Princes Street, Edinburgh.
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Online
Elliott swaps Land Securities for McKay
Land Securities’ head of London investment, Tom Elliott, is joining McKay Securities as property director.
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Online
Stock market hits high as property shares rally
The FTSE 100 closed above 6,700 for the first time since last August on Wednesday and the pound rose, boosted by an upbeat Bank of England survey on the immediate impact of the Brexit vote.
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Online
RICS survey shows sharp drop in confidence in commercial property
The UK commercial property market has seen a sharp drop in confidence and investor demand following the Brexit vote last month, according to the latest RICS UK Commercial Property Market Survey.
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Insight
London’s West End needs tax clarity amid uncertainty
The past few weeks have seen political and socio-economic upheaval on an unprecedented scale.
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Online
Bruntwood adds proptech element with commercial VR viewings
Business owners will be able to explore new commercial developments before completion after Leeds-based agents Bruntwood introduced a new virtual reality viewing element.
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Online
Valad Europe secures bonnie deal for Clyde Retail Park in Glasgow
Motherwell Investment has sold its 149,046 sq ft Clydebank retail park to Valad Europe at a net initial yield of 7.3%
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Online
Picton NAV rises in run up to Brexit vote
Picton’s second quarter results have revealed a 0.2% rise in NAV and total return of 1.3% for the period.
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Online
New Primark to anchor Charles Darwin Shopping Centre evolution
UK Commercial Property Trust will develop a new 50,000 sq ft Primark anchor store as part of the refurbishment of its Charles Darwin Shopping Centre in Shrewsbury.
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Online
GreenOak buys Quintain's Grafton Advisors
Grafton Advisors – the business at Lone Star’s Quintain that advises the £1.2bn West End of London Property Unit Trust (WELPUT) fund – has been sold to GreenOak Real Estate.
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Online
Aviva and Standard Life add to redemption sales
Aviva Investors is the latest retail fund to begin selling off assets to repay redemptions, putting a Midlands shopping centre on the block.
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Online
Hermes completes £100m of pre-referendum sales
Hermes Investment Management completed over £100m of sales before the EU Referendum on 23 June, including the sale of Cheapside House to Nan Fung for £83.5m.
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Online
Property groups lead FTSE 100 risers
There were some positive gains across many commercial properties on the markets Tuesday, as sentiment swung in the sector’s favour with some positive news announced.