All Property Week articles in 21 March 2014
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JP Morgan lines up 150,000 sq ft of deals at Alban Gate
JP Morgan is close to agreeing deals on around 150,000 sq ft of space in Alban Gate, 125 London Wall, as the building nears a sale.
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Union to offload 60,000 sq ft City office
Union Investment has instructed agents to sell 1 Plough Place in the City of London for around £51.5m, a 5.13% yield.
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Central London leasing activity returns to pre-crash levels
Office space under offer in central London has hit 3.6m sq ft - the highest volume since 2007, according to figures from Cushman Wakefield.
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Tech City boss to join Cushman & Wakefield
Cushman Wakefield has appointed Juliette Morgan, head of property at Tech City UK, to its media and tech team.
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Dundee attracts independent cinema
The Light Cinemas is set to anchor Orchard Street Investment Management’s leisure extension of the Wellgate Centre in Dundee.
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Catalyst makes Redhill purchase
Catalyst Capital has acquired the Kingsgate office building in Redhill from PPG Southern.
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Pradera considers potential sale of business
Fund manager Pradera is investigating options for the business which could include a sale.
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Rockspring offloads Edinburgh student digs
Rockspring Property Investment Managers has sold Elliott House in Edinburgh to McLaren Property for £4.33m.
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Crossrail extended to Reading
Crossrail will be extended to Reading under new instructions from the Department for Transport and Transport for London.
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Green light for £21m college campus
Planning permission has been granted for a £21m campus for Wiltshire College.
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Mayfair Capital appoints William Hill
Schroders’ former head of property William Hill has been appointed as a non-executive director at Mayfair Capital Investment Management.
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Ivanhoe Cambridge, Apollo and Residential Land swoop in Chelsea
The joint venture between Ivanhoé Cambridge, affiliates of Apollo Global Management, LLC and Residential Land has bought Brandeaux Group’s interests in the Thurloe Estate for around £100m.
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Profit jump for Costain
Costain has reported a 12% profit hike as construction orders increase.
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Former Tesco shed sold to Oval and Revcap
Oval Real Estate and RevCap have bought a former Tesco distribution facility in Chepstow for around £14m.
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Starwood buys De Vere hotels group
Starwood Capital has bought UK hotels chain De Vere Group for around £232m.
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Fullers snaps up Trafalgar Square nightspot
Fuller’s has bought Albannach, the Scottish-themed restaurant, bar and late night venue in London’s Trafalgar Square, for price rumoured to be around £1m.
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Mount Anvil wins backing for £1bn of new homes
Mount Anvil has agreed a £200m funding arrangement with Ares Management to build more homes in central London, as tipped by Property Week.
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‘Super-councils’ with planning powers could revive regions
The government should hand more powers to combined regional authorities or face an increasing gulf between the economic success of London and other urban areas, Centre for Cities has warned.
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‘Super-councils’ with planning powers could revive regions
The government should hand more powers to combined regional authorities or face an increasing gulf between the economic success of London and other urban areas, Centre for Cities has warned.
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Wagamama appoints JLL for restaurant rollout
JLL’s leisure agency team has been appointed to advise restaurant chain Wagamama on its acquisition strategy, with plans to open 20 new sites a year over the next three years.