All Property Week articles in 22 February 2013
View all stories from this issue.
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London raises resi returns
Figures released today by the IPD have confirmed that with an average return of 8.9%, residential rental portfolios continued to perform more strongly than their commercial counterparts in 2012.
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F&C Reit exchanges on Grosvenor Shopping Centre fund
F C Reit has exchanged contracts to buy Grosvenor’s Shopping Centre fund for £254m, as revealed by Property Week (15/11/12).
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Hines agrees second Holborn letting
US asset manager Hines has let the top floor of its 280 High Holborn scheme to a commercial law firm.
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Amazon and Axa close to City pre-let
Axa Real Estate is thought to be close to pre-letting the entirety of its Sixty London scheme to a trio of media firms.
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Reforms mooted for landlords' telecoms rights
Legislation governing landlords’ rights over the telecoms infrastructure fitted in their properties is to be completely rewritten under proposals unveiled today.
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JLL reports stronger regional office market for 2013
Demand for regional office space remains patchy across the country but will start to pick up in 2013, Jones Lang LaSalle predicted this morning.
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BNP Paribas RE reports steady 2012
BNP Paribas Real Estate has posted a €662m overall turnover in 2012, a slight increase on 2011.
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Sports Direct's Mike Ashley scoops up collapsed retailer
Mike Ashley’s Sports Direct has bought collapsed retailer Republic, and taken on a portfolio of stores.
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Honest Buildings launches UK property database
An online database with information on hundreds of thousands of commercial properties has launched in the UK.
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Aviva Investors makes appointment to debt team
Aviva Investors has appointed a new fund manager to be part of its real estate debt team.
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CapCo NAV up 22% following Earls Court rally
Capital & Counties’ results today were in line with expectation, as net asset value increased by 22%, largely due to its planning successes at Earls Court.
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Derwent to speculate on Old Street Roundabout
Derwent London is to speculatively develop its 280,000 sq ft scheme on Old Street Roundabout, after last week dropping plans to wait for a 40% prelet.
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Safestore posts first quarter results
Self-storage REIT Safestore revealed a decrease in its revenue in its first quarter results published this morning.
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Goldman checks out of €265m of German hotels
David Fattal’s Fattal Hotels to buy and manage 20 four-star Queens Moat House hotels
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Are you tough enough for the Tower 42 Vertical Rush challenge?
The capital’s toughest tower-running challenge, Vertical Rush, returns for the fifth time to London’s Tower 42 next week.
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Oil giant in 300,000 sq ft regional office deal
Aker has bought land in Aberdeen to develop an initial 300,000 sq ft of offices, in one of the biggest regional office deals in recent history.
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Derwent London reveals strong results
Derwent London posted an encouraging set of annual results this morning with the net asset value per share increasing by 11%.
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Oil giant in 300,000 sq ft regional office deal
Aker has bought land in Aberdeen to develop an initial 300,000 sq ft of offices, in one of the biggest regional office deals in recent history.
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Startling retail closure figures set to worsen
Store closures have continued to escalate with multiple retailers closing on average 20 shops a day last year, with the figure set to rise further following recent retailer collapses.
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UGL grows on DTZ success
DTZ’s parent company UGL today said its property business revenues had increased 36% in the final six months of 2012, aided by the “aggressive expansion” of DTZ.