All Property Week articles in 28 September 2012
View all stories from this issue.
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United Carpets sold in pre-pack administration
Retailer United Carpets has been bought today as part of a pre-pack administration, after failing to agree rent reductions from landlords.
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Blackstone's Chiswick Park for sale at £800m
Blackstone has appointed agents to sell a business park in Chiswick with an asking price of £800m after raising rents at the park by more than £10/ sq ft in less than two years, PropertyWeek.com can reveal.
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Castlemead consent for new nursing homes
Castlemead, the healthcare and nursing home developer, has been given the green light for two developments with a combined project value of £13m.
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Auctioneer takes 30 Berkeley Square
Mercury Group has bought Prupim’s 30 Berkeley Square scheme for around £100m, and then leased the lower floors of the London building immediately to Phillips de Pury for a high-end gallery space.
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Battersea names landscape architects
LDA Design, the company which designed the parklands around the Olympic Stadium, has been appointed as the landscape architect on the first phase of the redevelopment of Battersea Power Station.
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Research report: The cost effectiveness of serviced offices
As occupiers move towards more flexible and “virtual” working, new research reveals serviced offices may be more cost effective than conventional leases.
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Vince Cable’s £176m offices put up for sale
CBRE has been instructed by Stenham to put the headquarters of the Department for Business, Innovation and Skills up for sale.
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Auctioneer takes 30 Berkeley Square after £100m off-market sale
Mercury Group has bought Prupim’s 30 Berkeley Square scheme for around £100m, and then leased the lower floors of the London building immediately to Phillips de Pury for a high-end gallery space.
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Standard Life assets reach £1bn
Standard Life Investments’ Long Lease Property Fund has reached £1bn in assets under management after completing a number of deals worth more than £100m.
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US investor buys German retail centres
US real estate investor Global Income Trust has bought a portfolio of four neighbourhood retail centres in Germany.
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Savills to sell jewels in the Ruby portfolio
Savills has brought a UK-wide portfolio of 29 secondary properties to the market.
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Redefine raises £127.5m from new shares
Redefine International has received applications for more than 95% of the new open offer shares it offered last month in a bid to raise £127.5m to help reduce its debts.
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Halfords renews commitment to Coventry
Halfords has renewed its lease on 14,900 sq ft of retail space at Foleshill Road, Coventry for a further 10 years.
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Redefine raises £127.5m from new shares
Redefine International has received applications for more than 95% of the new open offer shares it offered last month in a bid to raise £127.5m to help reduce its debts.
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Morris Homes reports 9% profits rise
Independent housebuilder Morris Homes has reported an 11% increase in revenue to £150m for the year ended March 31, 2012.
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Clement Keys in Edgbaston move
Accountancy firm, Clement Keys has acquired 14,500 sq ft in Edgbaston, Birmingham.
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IPD in £82m sale talks
IPD is close to a sale to MSCI, the New York-listed market index company.
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Lab 2012: Fresh doubts over Green Deal
Land Securities’ head of sustainability has voiced serious concerns over the ability of the government’s flagship Green Deal initiative to meet carbon reduction targets.
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BNP Paribas Real Estate: Hotel market in France H1 2012
With € 1.3bn invested over a year and underpinned by improving fundamentals, France remains one of the most buoyant markets in Europe in the hotel sector.
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BNP Paribas Real Estate: The regional office market in France Q2 2012
In H1 2012, take-up on the regional office market, excluding owner-occupier deals, declined by 16% vs. the year-earlier period. Availability within a year remains high at 24,487,900 sq ft with the proportion of new offices still falling, while second hand availability is on the rise. By the end of the ...