All Property Week articles in 22 August 2014
View all stories from this issue.
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OnlineUnite plans £250m acquisition spree before 2018
Unite Group, the student real estate group, is set to invest £250m acquiring new development sites in the next year in order to secure its building programme up to 2018, Property Week can reveal.
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OnlineHousing specialist Hub appoints development manager
London housing developer Hub has appointed trained architect Damien Sharkey as development manager.
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OnlineCapital & Regional signs two new retailers at Waterside
Jones Bootmaker and the Body Shop have signed up to take space at Capital Regional’s Waterside Shopping Centre in Lincoln.
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OnlineColliers poaches JLL’s James Evans for its national investment team
Colliers International has poached capital markets specialist James Evans from JLL to join as an associate director in the national investment team.
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OnlineProfits up 57.1% at estate agent Foxtons
Foxtons revealed a 57.1% rise in profit before tax to £23.1m this morning, as it published its half year results.
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OnlineHansteen half-year results reveal profit rise of 32.8%
Hansteen revealed a 32.8% increase in normalised income profit as it published its half year results this morning.
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OnlineDTZ reports 17% increase in global revenue
DTZ has reported a 17% increase in global revenue to £1.27bn (AU$2.25bn), driven largely by the economic recovery in the UK.
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OnlineRockspring raises £150m for UK Value 2 fund after third close
Fund manager Rockspring has completed a third close on its UK Value 2 fund, bringing total investment in the fund to £150m secured from five investors.
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OnlineIntu Uxbridge secures two major restaurant operators
Wagamama and Chiquito have signed up to open two new restaurants totalling 6,065 sq ft at Intu Uxbridge by the end of 2014.
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OnlineJLL appointed to sell Treveria Silo E portfolio
JLL has been appointed to sell 127 properties in the Treveria Silo E portfolio, which went into insolvency at the start of 2013.
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OnlineEuropean data centre output up 68% in 2014
Data centre operators in Europe have recorded the highest six-month performance figures on record in the first half of 2014.
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OnlineCentral London office take-up increases 17% year on year
Take-up in the central London office market was 1.5m sq ft in July this year, bringing the year to date total to 8m sq ft, up 17% on the same period last year.
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OnlineAccor buys £71m UK hotel portfolio from Tritax
Accor has bought a portfolio of 13 UK hotels for its HotelInvest business in a £71m deal with Tritax.
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OnlinePHP buys £14.3m GP practices
Primary Health Properties, the UK’s leading investor in modern primary healthcare facilities, has bought three GP practices for £14.3m.
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OnlineHibernia buys £14.13m riverside development site in Dublin
Irish REIT Hibernia has completed its eleventh deal since listing last year, buying a 0.75 acre freehold site at 1-6 Sir John Rogerson’s Quay in Dublin for €17.75m (£14.13m) from an undisclosed vendor.
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OnlineBritish Land signs retailers in Doncaster
British Land has agreed terms with Next and Marks Spencer on two units totalling 36,020 sq ft at Wheatley Retail Park in Doncaster.
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OnlineCording sells Scottish trade counters for £10.6m
WP Carey’s managed non-traded REIT, Global, has bought a portfolio of 14 trade counter and industrial assets on six trade parks throughout Scotland from Cording Real Estate Group for $17.8m (£10.6m).
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OnlineSalmon Harvester gets go-ahead for Worcester redevelopment
Salmon Harvester has won planning consent for the redevelopment of Cathedral Plaza, Worcester.
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OnlineBridges Ventures fund makes first three investments
Bridges Property Alternatives Fund has bought its first three investments worth around £30m in separate partnerships with Hub and Evanacre.
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OnlineCo-op Bank closes more branches
The Co-operative Bank is continuing to axe branches as it tries to tackle “deep-rooted” issues to rebuild a sustainable business.
