All Property Week articles in 24 February 2012
View all stories from this issue.
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MAPIC 2012: Places to go in Cannes
Whether you're looking for a restaurant for a quick bite to eat before a conference, or a shop because you’ve forgotten your toothbrush, you'll find everything you need at MAPIC handily mapped out here for you. Simply pick one of the categories to filter the venues and click on each ...
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Retailers and landlords demand government rethinks business rate hike
Leading retailers and landlords have written to Chancellor George Osborne demanding he reconsider the government’s 5.6% hike in business rates – the highest rise in more than 20 years.
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Retail vacancy drops to 12.7%
Vacant retail units and floorspace have continued to fall for 18 months according to research by Colliers International.
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Axa raises a further €2bn for pan-European debt strategy
AXA Real Estate Investment Managers has raised a further €2bn on behalf of its pan-European debt strategy.
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Morrisons transfers 28 lease liabilities to Surplus Property Solutions
Morrisons has transferred the responsibility for 28 unused retail and commercial properties around the UK to Surplus Property Solutions in a multi million pound deal.
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Bruton Knowles recruits BNP Paribas Real Estate Cardiff team
Property consultancy firm Bruton Knowles has expanded its Cardiff office with the recruitment of the five-strong team from the Cardiff office of BNP Paribas Real Estate.
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Connells buys 25% stake in resi fund manager Hearthstone
Estate agency and services provider Connells Group has bought a 25% stake in residential fund manager Hearthstone Investments ahead of the launch of its first fund.
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Bulletin: Why is Hammerson exiting offices?
Hammerson is hoping its decision to sell its £600m offices portfolio and focus on retail will boost performance, and a 3.7% boost to share price today would suggest its investors agree.
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Native Land and Grosvenor complete £50m Alpha Place deal
Native Land and Grosvenor have completed the purchase of Alpha Place for £50m.
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Virgin Media offloads lease liabilities to Legacy Portfolio
Virgin Media has transferred the lease liabilities and the responsibility for managing its surplus property portfolio to lease liability specialist Legacy Portfolio.
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Generali to manage Unicredit Pension Fund
Generali Immobiliare Italia SGR has been appointed to manage the real estate assets of the Unicredit Pension Fund.
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£270m Woolgate Exchange put into receivership to help sale
Woolgate Exchange in the City of London was put into receivership yesterday to help the sale of the building, propertyweek.com can reveal.
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Legal & General buys £115.4m Tesco shed
Legal General has completed a forward funding deal for of a 932,000 sq ft shed in Reading, as revealed by Property Week .
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Lloyds sheds £13.5bn of property and nearly halves property losses
Lloyds Banking Group today revealed that it had reduced its property exposure by £13.5bn in 2011, and managed to cut its losses on bad property loans from £2.4bn to £1.3bn in the process.
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Carlyle Group buys St. James block from Crown Estate
The Carlyle Group has bought 88 St. James’s Street from The Crown Estate for £36.5m.
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Colin Wilson named new UK head of DTZ
Colin Wilson has been named the new head of UK and Ireland for DTZ.
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Hammerson to sell entire office portfolio
Hammerson is to sell its entire £600m London office portfolio in order to focus on its retail businesses in the UK and France.
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Victoria to undergo retail therapy
Plans have been submitted for an upmarket retail and leisure project in the heart of London’s Victoria.
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Rough sleepers’ resi returns
Duncan Smith calls for investors in unprecedented £100m private-rented fund for homeless
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Sleath’s slow-and-steady strategy will win race for Segro
I can’t remember a time when Segro wasn’t restructuring its finances, its people, its assets or its geographical exposure.Previous restructurings don’t appear to have achieved a whole lot, so one might be cynical at the strategic overhaul that new chief executive David Sleath has instigated, especially as it led to ...