All Property Week articles in 23 October 2015
View all stories from this issue.
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Neighbourhood plan areas see more housebuilding
Areas with neighbourhood plans in place are seeing 10% more planned residential developments, according to government figures.
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Clarkson and co. rev into Chiswick
Former Top Gear presenter Jeremy Clarkson and his colleagues Richard Hammond, James May and Andy Wilman have taken a three year lease on 5,495 sq ft of office space at Power Road Studios, Chiswick.
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Clivedale gets green light for mixed-use Mayfair scheme
Clivedale has secured planning permission to redevelop a prime central London site at 22 Hanover Square into a mixed-use hotel and residential scheme comprising 200,000 sq ft.
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Kikki K store to open in London’s Covent Garden
Australian stationery brand Kikki K has agreed a deal for its first European store in London’s Covent Garden.
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Government rejects London mosque appeal on housing grounds
The Department for Communities and Local Government has dismissed appeals on the refusal of planning permission for a ‘mega mosque’ in Newham, citing concerns about local housing provision and conflict with the council’s local plan.
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O’Flynn’s Tiger relaunches
Tiger Developments and Victoria Hall Management has relaunched its UK business after buying a series of assets from Blackstone.
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Lender takes control of Union Hanover Group after MBO fails
Guernsey-based lender Real Estate Debt Securities (REDS) has taken control of the Guernsey-based Union Hanover Group after a proposed management buy-out of the company fell through.
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€420m hotel portfolio sold
A joint venture between private equity real estate fund managers Benson Elliot and Walton Street Capital, in partnership with hotel group Algonquin, has acquired a pan-European hotel portfolio for €420m.
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New hotel planned for Leeds
Town Centre Securities (TCS) has received planning permission from Leeds City Council for the development of a 134-room Ibis Styles Hotel and 4,000 sq ft Marco Pierre White restaurant at the Arena Quarter in Leeds.
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St Modwen submits plans for Coventry
Regeneration specialist St Modwen has submitted a planning application to Coventry City Council for 137,000 sq ft of employment space at Whitley Business Park.
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European returns in 2015 set to be highest since 2006
European commercial property is set to deliver total returns of 19% this year, the highest since 25% was recorded in 2006, according to latest forecasts from Cushman Wakefield.
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Rockspring and Evander gets green light for South Coast logistics scheme
Rockspring Property Investment Manager and Evander Properties has received detailed planning consent for a 206,000 sq ft logistics scheme in Southampton.
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Byron opens first Scottish outlet
Burger restaurant Byron will open its first restaurant in Scotland at Hammerson’s Union Square shopping centre in Aberdeen.
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JLL reports fee revenue jump
JLL has reported strong growth in fee revenue and profits in the third quarter.
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Cornerstone fills up City office
Cornerstone Real Estate Advisers Europe has fully let Nexus Place in the City of London after agreeing a lease with RSM, formerly Baker Tilly.
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Land next to Irish retail park hits market
The final remaining section of undeveloped land in Ireland’s most successful retail park, The Park, Carrickmines is to be sold for a guide price in excess of €45m.
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Urban&Civic reveals plans for Manchester mixed-use site
Urban Civic has submitted plans for a scheme in central Manchester including apartments, a hotel and retail units.
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Grainger adds to PRS portfolio
Residential property owner and manager Grainger has acquired a property portfolio of 112 private rented sector (PRS) units for around £10.4m.
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Redefine posts modest NAV growth
Redefine International’s adjusted NAV has nudged up 3% over the past year following a busy period of buying and selling.
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Kennedy Wilson Europe dives into Italy with €185.5m deal
Kennedy Wilson Europe Real Estate has made its first acquisition in Italy buying a portfolio of offices for €185.5m.