All Property Week articles in 17 April 2015
View all stories from this issue.
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OnlineCity office rents higher now than start of financial crisis
Prime office rents in London’s square mile are higher now than at their 2007 peak, according to new research from Knight Frank.
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NewsM&G ready for take off at £170m Heathrow office park
M&G Real Estate is on the verge of a £170m deal to buy one of the largest business parks in west London.
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Online
Holland & Barrett unveils store opening programme
Holland Barrett has announced that it will open 50 dedicated food stores over the next two years.
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MarketsInterview: Fashion guru George Davies
George Davies talks to Property Week about his latest retail venture.
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OnlineLSH reports squeeze in south coast office supply
Supply of space in the south coast office market dropped 14% in the first quarter – putting upward pressure on rents, according to Lambert Smith Hampton.
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OnlineDTZ chairman White seeks banks' support for $2bn Cushman bid
Executives from DTZ Group have met with banks as the firm seeks support for a $2bn (£1.33bn) bid to acquire rival firm Cushman Wakefield.
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OnlineRonold signs lease at revamped Manchester business park
Engineering group Renold has signed a deal to take 10,000 sq ft of space at Property Alliance Group’s Trident business park near Manchester Airport.
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OnlineRockspring confirms £56m Edinburgh office deal
Carlyle Group has sold Tanfield, its flagship Edinburgh office, to Rockspring for £56m, as tipped by Property Week last month.
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OnlineSchroder Global Real Estate Securities reports 18% jump in NAV
Schroder Global Real Estate Securities has reported an 18% increase in NAV per share in the first annual results for the listed trust since Schroders took over as investment managers.
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Online90 North pays Hammerson £61.7m for Sheffield retail park
Hammerson has completed the sale of Drakehouse Retail Park in Sheffield to James Caan-backed 90 North for £61.7m - just £1.5m more than it bought the asset for in 2003.
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OnlineTaylor Wimpey makes strong start to 2015
Taylor Wimpey has given a confident assessment of the outlook for the housebuilding market in a first quarter trading update.
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OnlineTesco shares plunge after property writedown
Tesco shares had a topsy-turvy day reacting to the supermarket’s £6.4bn pre-tax loss – which was driven by a massive £4.7bn writedown on the value of its property portfolio.
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OnlineProperty Awards 2015 – more pictures
It was a great night for everyone at this year’s Property Awards at Grosvenor House, Park Lane – not just those who were winners.
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OnlineDeloitte takes on business rates expert
Deloitte Real Estate has appointed a well-known ratings expert to its valuation advisory and business rates team.
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OnlineTesco 'should close 200 stores' claims analyst
Tesco needs to shut 200 stores on top of the 43 closures already announced, if it is to turn around its fortunes following this morning’s announcement of record losses of £6.4bn, a leading City commentator has claimed.
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Online
Savills bolsters its US presence
Savills’ US arm has acquired two firms to increase its presence in the country.
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OnlineNew industrial firm launched
Two well-known industrial agents have launched a pan-European industrial development and asset management company, Logistics Capital Partners.
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OnlineHammerson cuts financing costs with £415m facility
Hammerson has signed a £415m unsecured revolving credit facility (RCF) at an initial margin of just 80 basis points – almost half the margin of the facility it replaced.
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OnlineTesco shock loss shows why supermarkets are all property companies now
It’s been mentioned before, but if proof was ever needed that supermarkets are as much property companies as they are retailers, then we only have to look at Tesco’s ridiculously huge losses.
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OnlineSilvertown given green light by planners
The Silvertown Partnership, a joint venture between Chelsfield Properties, First Base and Macquarie Capital, has been given resolution to grant planning permission for work to proceed at Silvertown, the 62-acre Royal Docks site in east London.
