All Property Week articles in 21 August 2015
View all stories from this issue.
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OnlineMarket sees best trading day since 2011
The yo-yoing of stock markets continued on Thursday with stocks climbing sharply after a recovery in Chinese shares overnight and an upward revision in US GDP figures.
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OnlineKontor expands office agency
Boutique London property agency Kontor has expanded its consultancy by recruiting Jack Fryer to the position of graduate surveyor. Fryer recently gained his real estate MSc from Westminster University. Kontor, which targets occupiers in the design, technology and media industries, was established in November 2014 and has so far acquired ...
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OnlinePlans for Liverpool’s Lime Street to proceed despite protests
Plans for the regeneration of Liverpool’s Lime Street will not be called in by the government. The city council’s planning committee approved a £35m scheme by Neptune Developments to redevelop the east side of Lime Street earlier this month. It involves radically redesigned buildings, incorporating a hotel, shops, restaurants ...
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OnlineHermes wins planning for Edinburgh office scheme
Hermes has received planning consent for a 152,623 sq ft office scheme and a multi-storey car park in Edinburgh city centre.
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OnlineCandy Crush creators complete West End’s largest leasing deal this year
King Digital Entertainment has completed a deal to lease the whole of Resolution Property’s Ampersand building in the heart of London’s Soho.
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OnlineCairn has sights on €120m of land deals
After raising €440m in an IPO in June, Irish housebuilder Cairn Homes has its eye on land acquisitions totalling €120m.
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OnlineF&C Commercial Property Trust beats benchmark
F C Commercial Property Trust has reported strong first half results, with property values increasing 7.1% to £1.257bn.
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OnlineHansteen buys fund stake for over £100m
Hansteen has acquired just over a third of the units in the Ashtenne Industrial Fund (AIF) for £103.7m and is raising £40m of new equity to pursue further acquisitions.
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OnlineProperty stocks fall as stock market rout continues
Stock market volatility continued on Wednesday as REIT stocks fell by 1.9%.
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OnlineTIAA-CREF joins forces with Swedish pension funds to form €4.2bn investment vehicle
US investor TIAA-CREF has signed a deal with two Swedish national pension funds, AP1 and AP2, to invest in European property.
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OnlineEuropean investment activity at 2007 levels, report finds
The first half of 2015 has witnessed the highest levels of commercial property investment activity in Europe since 2007, according to a Savills report.
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OnlineEcco signs for new store in UK expansion
Danish footwear brand Ecco Shoes has signed up for a new store at Intu Bromley as part of its UK expansion plans which will see it open 10 more in the next 12-18 months.
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Online
Praxis completes Blackstone portfolio buy
Property investment and management firm Praxis has confirmed that it has completed the acquisition of an eight-strong office and business park portfolio from Blackstone for £65m, representing a yield of 8.19%.
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OnlineCREFC Europe lobbies EC on securitisation
CREFC Europe has called on the European Commission to consider commercial real estate debt in its upcoming proposals for the securitisation market.
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OnlineUBS-CLOVA's fund life is extended
The UBS Central London Office Value Added Fund (UBS-CLOVA) will be extended by 12 months to the end of 2016.
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OnlineProperty shares rally as Chinese rate cut reassures markets
Property shares have rebounded almost as fast as they fell on Monday as stock markets recovered on news of an interest rate cut in China.
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OnlineCompetition authority gives go-ahead to Poundland/ 99p Stores merger
The Competition and Markets Authority (CMA) has provisionally cleared Poundland’s acquisition of 99p Stores to create an 800-store portfolio.
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OnlineAnthology submits plans for Deptford scheme
Residential developer Anthology has submitted plans to transform a disused trading estate in Deptford, south east London, into a residential-led mixed-use scheme.
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OnlineShard sets record rent
The Shard has set a new letting record for the City of London after agreeing a deal with financial IT company Leonteq Securities at more than £90/sq ft.
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OnlineRockspring jumps into first PRS deal
Rockspring Property Investment Managers has purchased its first private rental sector development site in Southampton.
