All Property Week articles in 29 April 2016
View all stories from this issue.
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Rushden Lakes sale completes at reduced price
LXB Retail Properties has completed the sale of Rushden Lakes to the Crown Estate for £65.2m – just under £10m less than was provisionally agreed at exchange.
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Valuation case against Colliers dropped
White Tower’s negligence valuation case against Colliers in the High Court has been dropped midway through the trial.
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Securing the success of London
On the eve of London’s Mayoral election, 150 of the most influential in property gathered for the CBRE Global London event to debate the state of the market and the impact of changed leadership at City Hall.
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Palomar owners to open new Seven Dials restaurant
The Barbary, the second restaurant concept from the founders of The Palomar in Soho, is to open in Seven Dials, London.
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Pocket trials modular housing
Pocket is building its first innovative modular housing scheme in Lambeth.
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Formal planning awarded for New Scotland Yard redevelopment
Northacre has received formal approval for the redevelopment of The Broadway, the 1.7acre former headquarters of New Scotland Yard.
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Lok'nStore acquires two new sites
Lok’nStore has announced the acquisition of two new sites for about £10m.
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Ericsson in 16,000 sq ft MediaCity move
Swedish communications firm Ericsson has announced plans for a new broadcast and media services facility at Peel’s MediaCityUK scheme in Salford.
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Spanish brand Scalpers opening UK debut on Carnaby Street
Spanish menswear brand Scalpers is opening its UK debut store on Carnaby Street.
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JLL recruits Winder from Morgan Stanley
JLL has hired Morgan Stanley’s Justin Winder as chief operating officer for its central London markets team.
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U and I’s Rodgers takes regeneration role at L&G
U+I Group’s projects director Ben Rodgers is moving to LGIM Real Assets to become senior development manager focused on regeneration projects.
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Capital One takes two floors at White Collar Factory
Capital One has signed to take 29,500 sq ft at Derwent London’s White Collar Factory overlooking Silicon Roundabout.
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Chancerygate buys seven-acre Sidcup site for spec development
Industrial developer Chancerygate has bought a seven-acre site in Sidcup to speculatively develop 105,000 ft of warehouse and industrial units.
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No Brexit worries for Derwent as lettings remain buoyant
Derwent London has stated occupier demand has not been affected by the forthcoming EU referendum.
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KWE seals deals totalling over £140m
Kennedy Wilson Europe Real Estate (KWE) has announced office acquisitions in Dublin and Manchester costing more than £140m.
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Sainsbury's shares slump after profits fall
Sainsbury’s shares fell sharply on Wednesday after the supermarket reported weaker than expected annual profits.
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Resi plans submitted for huge Redditch green belt site
Heyford Developments and UK Land and Development are seeking planning permission for 2,800 homes on a 336 acre green belt site in Webheath, near Redditch in the West Midlands.
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Manchester office rents ‘will reach £40/ sq ft by 2019’
Headline office rents in Manchester city centre will reach £40/ sq ft by 2019, according to Colliers International.
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Dolphin Living takes £53m Canada Life loan
London affordable housing provider Dolphin Living has agreed a £53.5m loan with Canada Life Investments to fund the development of 1,000 new homes.
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AO takes 390,000 sq ft Prologis shed in Crewe
Domestic appliance retailer AO.com has taken a 10-year lease on Prologis’ 386,753 sq ft Crossflow380 building in Crewe.