All Property Week articles in 19 April 2013
View all stories from this issue.
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OnlineSavills to sell £110m JPMorgan block
Savills is understood to have been appointed to sell the long lease on an office block currently occupied by JP Morgan.
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OnlineChelmer Village scores lettings hat trick
A partnership between Aviva and Scottish Widows Investment Partnership has signed up three new tenants for its Chelmer Village retail park in Chelmsford, Essex.
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OnlineMontpellier Estates loses stadium battle
Leeds City Council has been awarded £2m after a high court judge told a court Montpellier Estates’ damages case against it “should never have been bought”, TheBusinessDesk.com reported today.
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OnlineEaling Council vows to proceed with Empire cinema CPO
Ealing Council has vowed to push ahead with a compulsory purchase order on the site of the former Empire Cinema in Ealing Broadway, which Land Securities has been selected to redevelop.
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OnlineKames Capital wins £85m mandate
Kames Captial has won an indirect property mandate from the Kelda Group Pension Plan.
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OnlineUK avoids triple dip recession but construction falls 2.5%
The UK has avoided going back into recession and has posted a 0.3% growth first for the first quarter of the year.
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Online
Farebrother announces global affiliate agreement
Farebrother has been announced as a new global affiliate of CORFAC International.
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OnlinePublic Land Initiative to kickstart £225m Greenwich residential development
A 645-unit residential development in East Greenwich is to proceed using the Public Land Initiative scheme.
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OnlineTaylor Wimpey buys 25 new sites since start of 2013
Taylor Wimpey has bought 25 new sites across the UK since the start of the year, containing 4,016 new plots,it announced today.
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OnlineOLIM Property buys Peterhead B&Q
OLIM Property, the company chaired by Lord Oakeshott, has bought the heritable interest in a B Q retail warehouse in Peterhead for £4.75m.
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OnlineAbstract to start speculative Glasgow scheme
Abstract Securities is to start the speculative development of its 170,000 sq ft office scheme at 303 St Vincent Street in Glasgow.
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OnlineBeales surrenders store to Sainsbury’s
JE Beale, the trading subsidiary of beleaguered department store retailer Beale, has signed a conditional agreement with Sainsbury’s for it to take on its Tonbridge store.
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OnlineAdmiralty Arch to include private members club
A planning application has been lodged by Rafael Serrano for the refurbishment of Admiralty Arch.
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OnlineGE Capital Real Estate Europe appoints new UK managing director
GE Capital Real Estate Europe has appointed a new managing director of its UK business unit.
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OnlineDebenhams to anchor LXB’s Stafford scheme
Debenhams is to occupy a 56,000 sq ft store at LXB Retail Properties’ Stafford town centre scheme.
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OnlineJudicial review denied over Grainger’s Wards Corner
Campaigners against Grainger’s redevelopment of Wards Corner in Tottenham have been denied permission to seek a judicial review.
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OnlineFour per cent yield in £37m Brook Street deal
Lancashire County Pension Fund has sold the virtual freehold interest in 10 Brook Street in London’s West End for £36.75m, at a yield of 4.06%.
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OnlineBallymore to offload 37 acres of east London
An entire Thames-side London district, with the potential for a 4m sq ft mixed-use scheme, has been put up for sale by its Irish owner.
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OnlinePrologis pays back $2.4bn of debt
Prologis reported a steady set of first quarter results this afternoon and announced a significant reduction in its total debt.
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OnlineSouth Korean investors snap up £142m EC2 property
Samsung SRA Asset Management has purchased 30 Crown Place in EC2, London on behalf of South Korean institutional investors.
