All Property Week articles in 24 June 2011
View all stories from this issue.
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Online
Urban Splash gets new head of lettings
Regeneration company Urban Splash has promoted one of its associate directors to the position of national head of lettings.
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News
Reubens In & Out: Brothers to buy £130m Piccadilly Estate
Brothers to buy £130m Piccadilly Estate out of receivership
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Online
Friday Bulletin: How localism is damaging development
Following the news today that councils have sent a resounding message to the government that its localism agenda will drastically cut UK housebuilding, Property Week’s bulletin looks in depth at the policy and its impact.
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Online
Sol Melia to face legal action over Marconi House fire
Sol Melia, the Spanish hotel company developing a five-star hotel at Marconi House in London’s West End, which caught fire on 14 June, is facing legal action from the Galliard Homes and Frogmore joint venture which is bringing forward the residential development within the same building.
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Online
Remnants of Habitat enter administration after Home Retail Group buys brand and three stores
The remnants of Habitat UK have gone into administration after its owner, Hilco, announced plans to sell the brand and three London stores to Home Retail Group for £24.5m.
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Online
Are you the most influential professional on Twitter?
Property Week today launches its search for the most influential property professional on twitter in a new partnership with the PeerIndex.
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Online
Habitat could axe up to 900 jobs as Home Retail Group takeover rumours continue
Up to 900 jobs at homeware design store Habitat could be under threat, as takeover rumours continued over Argos ownerHome Retail Group’s move to acquire the UK rights to the brand, the Daily Telegraph reported today.
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Online
Savills and Wilmott Dixon in private-rented partnership
Savills and Willmott Dixon have joined forces to develop a portfolio of private rented housing in what would be a bold move to kick-start the build-to-let movement.
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Online
National House-Builders Council adds voice to growing localism disquiet
The coalition’s controversial localism agenda has continued to dampen sentiment among housebuilders and keep the lid on new housing projects.
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News
Strip service
There are many things that can get trainees in trouble. But surely going up behind one of the most senior men in their company and slowly undressing him would have them immediately fired? Not so at Henderson Global Investors, where trainee Thomas Hibbert did exactly that to property director Andrew ...
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Markets
Stalled Velocity Village speeds towards sale in Sheffield
Administrator Deloitte puts £35m price tag on speculative office and residential scheme.
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News
US residential restructuring
Square Mile Capital, the Kushner Companies and Apollo Property Management have restructured a US distressed 4,681-flat portfolio in the states of Ohio, Pennsylvania and Indiana. Occupancy across the portfolio had dropped to below 75% and new equity was required to reduce the $172m debt and to complete required renovations. Apollo ...
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News
Three-way refashions Shrewsbury shopping
Plans finalised to merge town’s three retail centres into £250m scheme
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Professional
Wheels turning at Stoke Pottery
The Prince’s Regeneration Trust subsidiary the United Kingdom Historic Building Preservation Trust has bought the Middleport Potteries in Stoke-on-Trent after receiving a £1.7m grant from the Regional Growth Fund and £1.1m from the National Lottery Fund, as well as money from English Heritage, the European Union and private donations. The ...
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News
Swedish portfolio refinancing
Deutsche Pfandbriefbank and Skandinaviska Enskilda Banken have provided a SEK1.65bn (£160m) refinancing to NIAM III News, a company owned by NIAM Nordic Investment Fund III, for the News and Palmfelt office portfolios in Sweden, comprising three properties in Stockholm and one in Lund.
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News
Prupim outsources management
Real estate fund manager Prupim will outsource its £12bn UK property management and accounting services to CB Richard Ellis, in one of the largest outsourcing mandates to have come on to the UK market
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Markets
There’s malls to play for in Yorkshire
Demand for retail in the region is encouraging. Hardeep Sandher examines how the latest schemes are faring and what is in the development pipeline
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News
Platinum look for Mayfair
Platinum Equity has taken the last 3,225 sq ft of offices at Prupim’s 40 Bruton Street in London’s Mayfair
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News
Take that or leave it
Are you a closet Take That lover? Did you call the helpline when they split in 1996? Have you ever thrown your underwear at Robbie Williams? If this is you, Ludgate has a pair of tickets up to see the erstwhile boy band at Wembley on Monday 4 July courtesy ...