All Property Week articles in 30 March 2012
View all stories from this issue.
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Online
Aerium and Allied London buy Herbal House for £26m
The former Daily Mirror printing works Herbal House has been bought by Aerium and Allied London for £26.1m.
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Online
KOP Properties wins planning for 10 Trinity Square
A joint venture between KOP Properties and Beijing-based investment group Ringwood has been granted planning permission to develop 10 Trinity Square in the City of London.
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News
Savills chief pockets near-£1m bonus after profits rise
Savills chief executive Jeremy Helsby earned £1.27m in 2011 after the firm grew underlying profit by 7% to £50.4m.
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Royal London Asset Management wins Halifax green light
Royal London Asset Management has been granted planning consent for a 123,000 sq ft retail scheme in the Yorkshire town of Halifax, TheBusinessDesk.com reported today.
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KPMG submits plans for collapsed Lexi Holdings site
KPMG has submitted an plans for a major mied use development on a site previously owned by Shaid Luqman’s Lexi Holdings, TheBusinessDesk.com reported today.
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Green light from Pickles for £80m Hinckley scheme
An £80m regeneration scheme in Hinckley has been given the go-ahead by Secretary of State Eric Pickles today.
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Deka confirms £235m Kings Cross buy
Deka Immobilien has confirmed its purchase of Guardian Media Group’s head quarters at King’s Cross, as revealed by PropertyWeek.com yesterday.
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Savills: European Investment Bulletin - March 2012
“In most countries the reported lack of financing has restrained investments.”
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DTZ: European Logistics Markets 2012
Year 2011 ended on a mixed note as the sovereign debt crisis spread across the region, leading to a negative economic outlook.
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Cluttons: Commercial Property Market Outlook - Q1 2012
During the latter weeks of 2011 and early 2012 economic sentiment took a turn for the worse.
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Colliers International: Residential Data Shot - March 2012
“The government, being keen to kick-start the housing industry has made several headline grabbing announcements lately on government-backed mortgage and house building schemes.”
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Valad and Lloyds refinance €1.1bn Duke loans
Valad Europe has completed a €1.1bn refinancing of Duke, its real estate joint venture with Lloyds Banking Group.
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£270m sale of Woolgate Exchange falls through
The sale of a £270m City of London office building to a Malaysian investment fund has collapsed.
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Westfield "remains determined" to redevelop Whitgift in Croydon
Westfield has said it “remains determined” to redevelop the Whitgift shopping centre in Croydon after Hammerson was yesterday picked as a preferred development partner.
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Germans pounce on £235m Guardian HQ
Guardian Media Group’s headquarters in London’s King’s Cross has been sold to a German fund manager in an off-market deal, PropertyWeek.com can reveal.
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Burrito chain plans southern expansion
Northern burrito chain Barburrito, is planning to expand south off the back of a £3.25m investment deal from the Business Growth Fund, TheBusinessDesk.com reported today.
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United House picked for £130m Finsbury Park overhaul
United House is to deliver Islington’s largest regeneration scheme since the Arsenal Stadium project.
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LandSecs nears first letting at Walkie Talkie
Land Securities is close to securing its first letting at its 37-storey Walkie Talkie tower in the City.
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Goldman to launch $3bn property debt fund
Giant US investment bank Goldman Sachs is looking to raise capital for a new fund which will lend to property companies in the US and Europe, as it continues its post-credit crunch transformation.
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Retailer Ellie Louise collapses into administration
Women’s clothing retailer Ellie Louise has collapsed into administration.