All Property Week articles in 22 April 2016
View all stories from this issue.
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OnlineFirst occupier signs up to Cavendish Avenue
Global medical diagnostics company Werfen has signed up as the first occupier for PATRIZIA’s Birchwood Park development.
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OnlineU and I shares rise nearly 3% after results
U and I shares rose significantly on Thursday buoyed by the announcement of a bumper dividend in the group’s full year results.
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OnlineBrexit may be industry's 'millennium bug'
Brexit could turn out to be the property industry’s ‘millennium bug’, SEGRO chief executive David Sleath has said.
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OnlineCBRE's EMEA profits fall despite revenue surge
CBRE’s European business has reported a drop in EBITDA in the first quarter despite posting 72% growth in revenues.
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OnlineSlowdown hits City harder than West End
The slowdown in investment ahead of the EU referendum has hit the City harder than the West End, new figures from Cushman Wakefield show.
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Agents form new tenant rep body
A group of property consultants including Carter Jonas and Colliers International have launched a new body to represent the interests of tenant representation advisors and their clients.
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OnlineBlackstone to buy Blanchardstown for €950m
Blackstone has entered exclusive talks to buy the Blanchardstown Centre – one of Ireland’s biggest shopping centres – from Green Property in a €950m deal reflecting a yield of 4.75%.
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OnlineU+I reports record gains and unveils new dividend policy
U+I has reported a second consecutive year of record development and trading gains in annual results.
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OnlineSalesforce Tower undergoes £400m refinancing
ING and LBBW have teamed up to refinance Salesforce Tower, previously Heron Tower, in the City with a £400m five-year senior loan.
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OnlineReel Cinemas signs in Rochdale
Cinema operator Reel will open a 20,000 sq ft cinema in Rochdale as part of Genr8 and Kajima’s £250m regeneration of the town centre.
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Sui Generis makes £14m Manchester buy
Sui Generis Investments has acquired the Atlantic Street retail park in Altrincham, Cheshire from LaSalle Investment Management for £14m.
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Online‘Obama effect’ boosts propco shares
US president Barack Obama’s intervention in the EU referendum debate has sent property company share prices soaring this week.
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OnlineLendInvest secures £40m funding package
Peer-to-peer property lender LendInvest has secured a £40m funding round with Macquarie that will help it broaden its product range.
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OnlineBHS administration: Sir Phillip Green under fire
As the dust settles on BHS’s tumble into administration, Property Week rounds up the fallout from the retailer’s collapse .
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OnlineJLL blames EMEA operating loss on Brexit slowdown
JLL’s EMEA business has suffered an operating loss of $10m in the first quarter despite clocking up 18% growth in revenue.
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OnlineMayor’s office approves £500m Alpha Square development on Isle of Dogs
The mayor of London’s office has approved another major ‘called-in’ site – the second in a day to receive the green light .
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OnlineFormer BHS owner Dominic Chappell prepares bid to buy retailer
The former owner of BHS Dominic Chappell is preparing a bid to buy the chain out of administration , according to news reports.
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OnlineNetwork Rail sets up property company to ‘ramp up’ asset disposal
Network Rail has set up a property company to drive the release of surplus land and raise capital to fund a £1.8bn rail-improvement programme.
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OnlineSocGen markets London HQ for £85m
Societe Generale is selling its current London headquarters at 41 Tower Hill, EC3, through Savills for about £85m.
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OnlineUnite buys £70m Liverpool development site
Unite Students has acquired a development site in Liverpool with planning consent for a £70m scheme.
