All Property Week articles in 24 July 2015
View all stories from this issue.
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FT office ‘must not be sold for luxury flats’
Southwark Council has warned education company Pearson, which owns the Financial Times’ office at One Southwark Bridge, that the site cannot be redeveloped as an entirely residential scheme.
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Volume of syndicated loans hits highest level since 2008
The volume of syndicated real estate finance loans across the EMEA region in the first half of this year reached its highest level since 2008, according to Dealogic.
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UCL plans robotics hub in east London
The Queen Elizabeth Olympic Park is to become home to a new robotics research hub on the site of the former London 2012 press and broadcasting centres.
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Port of Liverpool Building up for sale for more than £23m
North West developer Downing has appointed DTZ to sell iconic waterfront office the Port of Liverpool Building for a price in excess of £23m.
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New tenants for Land Secs’ Buckingham Gate
Land Securities has secured two new tenants at its 62 Buckingham Gate office in Victoria (pictured), which is now 96% let.
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Westminster warns over office-to-resi 'ambulance chasers'
Westminster council has warned that it could face tens of millions of pounds of compensation claims from developers if the government rushes through an extension to permitted development rights for office to residential conversions.
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Kames recruits asset manager from Tilfen Land
Kames Capital has appointed Jim Hartley from Tilfen Land as an asset manager in its property investment team.
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Churchill posts sharp jump in revenue
Churchill Retirement Living has posted a 46% jump in revenue in its full-year results.
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GLP acquires $4.55bn US logistics portfolio
Singapore’s Global Logistics Properties (GLP) has acquired a portfolio of industrial property in the US for $4.55bn (£2.9bn).
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Lloyds offloads Irish loan portfolio
Lloyds Banking Group has sold a portfolio of Irish commercial loans, including SME loans and property-backed loans, to a consortium of domestic and foreign buyers for £827m in a move that all but ends its exposure to Irish commercial assets.
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LSH revenues climb by almost a third
Lambert Smith Hampton’s revenues surged by almost a third in the first six months of the year.
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Intu's portfolio value hits £9.5bn
The value of Intu’s shopping centre portfolio edged up 1.9% on a like-for-like basis in the first half the year to hit £9.5bn.
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Buying Quintain shares has turned out well but Lone Star is the real winner
Since joining Property Week getting on for a year ago, I’ve bought shares in one property company – Quintain.
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Lone Star's £700m bid for Quintain is 'fair value'
Lone Star’s offer to buy Quintain in a deal that values the Wembley developer at £700m has been described by analysts as offering “fair value” to shareholders.
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Quintain shares climb above Lone Star's offer price
Following news of Lone Star’s £700m bid for Quintain, shares in the Wembley developer rose above the offer price on Wednesday.
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EMEA revenue climbs 23% at JLL
EMEA revenue at JLL has jumped 23% in local currency to $417.4m in the second quarter.
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CBRE's EMEA revenues jump by a third
Revenue from CBRE’s EMEA business has jumped by almost a third in local currency terms in the second quarter.
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Planning application submitted for 80,000 sq ft Brum office
A planning application has been lodged for the first phase of the refurbishment of one of Birmingham’s most prominent city centre sites.
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Harworth gets green light for homes on former colliery site
Harworth Estates has received outline planning consent for a development of up to 375 houses in the village of Edlington, south west of Doncaster, South Yorkshire.
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Business rates judgement a ‘blow’ for occupiers
The Supreme Court has given judgment that businesses occupying non-adjoining floors in multi-let offices should be treated as two separate firms for rates purposes, potentially increasing their liability.