All Property Week articles in 21 November 2014
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Private rent increasingly unaffordable outside of London
Places in Hertfordshire, Oxford and Brighton have overtaken areas of London as some of the most unaffordable places in the country to rent.
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North to get own 'sovereign wealth fund'
Osborne announces long-term fund that will invest revenues from shale gas resoures into the North of England.
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Government reveals dramatic overhaul of stamp duty
Chancellor announces overhaul of stamp duty in move to make tax more progressive
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Government backs Olympic cultural hub with £141m
Funding to support development of Olympicopolis cultural hub on Olympic park, with Victoria and Albert Museum and Sadler’s Wells to open new centres on site.
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Osborne set to announce review of business rates
Autumn Statement expected announce review of business rates, as chancellor also gives government backing to case for Crossrail 2
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Scottish property industry welcomes devolution
The Scottish Property Federation has described the Smith Commission’s recommendations for further devolution from Westminster to Holyrood as “game-changing”.
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Former Prologis head dies at 55
Jeffrey Schwartz, the former chief executive and chairman of logistics firm Prologis, has died aged 55.
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So you want to work in property?
Prospects has produced a video in collaboration with property firms to promote the industry to young people.
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Buyer picked for £107m Scottish Widows HQ
A private overseas client of HSBC has placed the Scottish Widows headquarters in Edinburgh under offer for around £107m, Property Week can reveal.
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Labour pledges to move more civil servants out of London
Labour unveils plans to rebalance economy, devolving £30bn of funding to cities, as Scotland is primed to win major new powers.
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LSH hires in Manchester
Lambert Smith Hampton is to strengthen its office agency team in Manchester with the appointment of Josh Levy as an associate director.
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Harworth buys 162-acre Leeds distribution site
UK property regeneration company Harworth Estates has acquired the site of the former Skelton Grange power station near Leeds from RWE Generation – its first major non-coalfield buy.
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Mailbox 70% let ahead of opening following fashion letting
Hugo Boss has become the latest tenant to return to the Mailbox shopping centre in Birmingham following the building’s redevelopment.
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Resolution signs second deal with trendy shared office provider
Resolution Properties has completed its second deal with Central Working, a business club operator, for the company’s first shared office space venture outside London.
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Scotland plans ‘radical’ land reform
Scottish first minister Nicola Sturgeon has announced a “radical” land reform bill to curtail the power of large estates in the country.
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AXA Real Estate appoints new board members
AXA Real Estate Investment Managers has appointed Isabelle Scemama and Laurent Lavergne to its management board.
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Knight Frank poaches DTZ man in Edinburgh
Jamie Fergusson has joined Knight Frank’s Edinburgh office from DTZ, replacing Andrew Shiells, who left Knight Frank in September.
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Preferred bidder selected for giant Olympic Park PRS sites
Places for People and Balfour Beatty have been selected to develop a huge swathe of new homes in the Queen Elizabeth Olympic Park in east London, Property Week can reveal.
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LandAid appoints new chief executive and chair
LandAid, the property industry charity, has appointed Paul Morrish as chief executive officer following the departure of Joanna Averley last month.
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Cordea Savills fund tops £100m
Cordea Savills’ UK Income and Growth Fund has grown to around £104m through a series of London acquisitions.