All Property Week articles in 16 May 2014
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£750m NAB loan portfolio up for sale
National Australia Bank is to accelerate its exit from UK property banking market by putting a portfolio of around £750m of loans up for sale.
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JLL appointed to Manchester’s Arndale Centre
Agency JLL has been appointed to work alongside Tushingham Moore as retail lettings advisors by Manchester Arndale Shopping Centre.
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Buyer of Royal Mint Court stake revealed
A little-known private investor has beaten off UK property aristocracy to buy the long leasehold of the former site of the Royal Mint out of receivership, Property Week can reveal.
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Heron Tower renamed
The Heron Tower in the City has been renamed the Salesforce Tower in honour of its biggest occupier.
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L&G brings £169m Coutts HQ back to market
Legal & General is selling the headquarters of Coutts, the Queen’s bank, on the Strand for more than £169m, only months after purchasing it in a larger portfolio, Property Week can reveal.
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Deutsche Pfandbriefbank funds £53m Brockton office buy
Deutsche Pfandbriefbank has provided £53m to Brockton Capital for its purchase of a Thames Valley and west London office portfolio.
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Shoreditch, Aldgate and Clerkenwell now rival City core, report says
Shoreditch, Aldgate and Clerkenwell should now be classified as core London markets because of rising office rents and residential values, increasing demand from corporate occupiers and a growing prime development pipeline, according to new research from JLL.
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Hines renames Broadgate development
Hines has announced that it will rename its 457,000 sq ft City of London development Broadgate Quarter and plans to market some of the office space.
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Cushmans appoints new Manchester head
Cushman Wakefield has hired Ben Roberts as a partner and head of its Manchester office.
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Zoopla announces intention to float
Residential estate agency Zoopla has announced its intention to float.
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Max Property posts 21% NAV rise
Max Property Group has reported a 21% rise in NAV in its full year results – with a 71% increase since its listing in 2009.
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Inland Homes buys seven-acre RBS site
Housebuilder Inland Homes has bought the site of the former Meridian television studio in Southampton for 350 homes.
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Zoopla announces intention to float
Property website Zoopla has announced its intention to float.
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Royal London sells Warrington office block
Royal London has sold The Point office building in Birchwood, Warrington to a private investor for £4.87m, representing a net initial yield of 8.25% The 32,016 sq ft grade A building is let on a 10 year lease to billing and customer management company, Martin Dawes Systems Ltd. Located on ...
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Cushman & Wakefield appointed to £500m Oxford retail scheme
Westgate Oxford Alliance has appointment Cushman Wakefield to join current agent CBRE on the £500m redevelopment of the Westgate Centre in Oxford. The mandate is one of the UK’s most sought after retail agency contracts. In March this year, the Alliance gained consent for the retail-led mixed use ...
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Savills adds to London investment team
Savills has appointed Mike Adcock to its Central London investment team.
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M&G welcomes Croydon tenant
Mott MacDonald has taken the fourth floor of M G Real Estate’s Renaissance office development in Croydon.
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Third hotel for Caltongate scheme
Global chain Aparthotel Adagio has signed to open the third hotel in Edinburgh’s Caltongate area, as the developer releases new photos of the scheme.
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Fizzy Living buys site in Lewisham
Fizzy Living has bought its fifth London private-rented site in Lewisham.
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Great Portland Estates reports 27.6% rise in NAV
Great Portland Estates has reported a 27.6% rise in net asset value since 2013, with its NAV per share standing at £5.69.