All Property Week articles in 3 November 2017
View all stories from this issue.
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Greystar set to forward-fund Croydon tower
US multi-family investor Greystar is in talks to agree a forward-funding deal on Tide Construction’s 546-unit build-to-rent tower in Croydon.
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Agents appointed on Covent Garden Estate
JLL and Hanover Green Retail have been appointed as letting agents on the 250,000 sq ft retail element of the Mercers Livery Company’s Covent Garden estate in London, Property Week can reveal.
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MCR plans Wolverhampton warehouse scheme
MCR Property Group has bought a site in Wolverhampton and submitted plans for a 370,000 sq ft industrial development.
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St John Ambulance to reduce property portfolio
First aid charity St John Ambulance has begun a rationalisation of its national property portfolio with the sale of several assets nationwide.
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Haribo to open first UK outlet at LDO
Confectionery company Haribo has signed for its first-ever UK outlet store at Quintain’s London Designer Outlet (LDO), which is now 99% let following a handful of deals.
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Unite buys Brass Founders for £35.5m
Crosslane Student Developments has sold a 437-bed property in Sheffield to Unite Students Accommodation Fund for £35.5m.
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Countrywide revenue falls 7% year-on-year
Countrywide has blamed a slowdown in housing transactions across the UK for a 7% fall in year-on-year revenue for the third quarter of 2017.
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Ringtons bags spot at Newcastle trading estate
Newcastle-based tea brand Ringtons has signed a five-year lease on a 5,701 sq ft unit at the city’s Brough Park Trading Estate.
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Columbia Bracknell bought by CLS for £14.7m
CLS has bought a multi-let office building in Berkshire for £14.7m, in a deal reflecting a net initial yield of 5.6%.
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Hammerson attracts The Ivy Collection to Leeds
The Ivy Collection is to open its first restaurant in Leeds after signing a deal with Hammerson.
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McCarthy & Stone appoints chairman
Paul Lester is to join the board of retirement housing developer McCarthy Stone as chairman and non-executive director.
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Mitsubishi Estate tempts GAM to the City
Swiss asset management firm GAM has taken a 15-year lease on 42,300 sq ft with Mitsubishi Estate at 8 Finsbury Circus.
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Kettcar portfolio changes hands for €100m
Kildare Partners has sold the Kettcar portfolio of German office and retail buildings to a private investor for more than £88.5m (€100m).
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Lettings spree sets Derwent London on course for record year
Derwent London has agreed lettings with a total annual rental value of £41.2m in the year to date, according to its latest trading update.
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Hammerson reports 17% uplift in leasing activity
Hammerson saw an annual increase in leasing activity of 17% between July and September, according to its latest trading update.
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WeWork signs at WELPUT scheme
WeWork has signed for 42,000 sq ft of space at WELPUT’s North West House scheme in London’s West End.
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Manchester council takes 20,000 sq ft in city
Investment manager APAM has completed the letting of 20,000 sq ft of office space at Bridgewater House in Manchester to Manchester City Council, on behalf of its client, Britannia Invest.
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U+I sells Atlantic Village
U+I has sold the 41-unit Atlantic Village Outlet Centre in Bideford, North Devon to Global Mutual for £13m, Property Week can reveal.
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Farrow to join Cushmans as head of retail occupier agency
Cushman Wakefield has hired Kevin Farrow from CBRE as its new head of UK retail occupier agency.
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Persimmon shares plunge as sales stall
Shares in Persimmon plunged 3.6% on Wednesday as the UK’s second largest housebuilder reported sales had stalled in the three months to the end of September.