All Property Week articles in 31 August 2012
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British Land poaches senior retail manager from CSC
British Land has poached a senior retail expert from Capital Shopping Centres.
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Maplin appoints agent for London expansion
Electricals specialist Maplin plans to open another 100 stores in the UK in the next three and a half years, with an investment of £40m.
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Morrisons trims targets for new space
Morrisons has reduced its target for new space by 500,000 sq ft after reporting a 0.9% dip in like-for-like sales for the first half of 2012.
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TIAA-CREF completes Festival Place purchase
US financial services organization TIAA-CREF has purchased Festival Place Shopping Centre in Basingstoke from Grosvenor Festival Place Fund, as tipped by Property Week (13/4/12) .
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Celebrity Special: Property Week meets Peter Andre
Property Week heads down to Brighton to get all the gossip from the launch of Peter Andre’s new coffee shop.
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MGPA raises €85m for Asian property fund
Private equity real estate advisor MGPA has announced the first close of its Asian property fund, MGPA Asien Spezialfonds, with commitments of €85m from three German institutional investors.
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J.Crew agrees deal for debut UK store
US fashion retailer J.Crew has agreed a deal with The Crown Estate to open its debut UK store on London’s Regent Street, PropertyWeek.com can reveal.
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EPRA 2012: Zell calls for Greece to leave Euro
Sam Zell, founder of Equity Group Investments, has called for Greece to leave the Euro.
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Rates ruling hits Scottish businesses
The Lands Valuation Appeal Court has ruled on-going economic decline is not a suitable reason for reducing rateable values at two shopping centres, in a decision that will impact business rate payers across Scotland.
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Sugar to offload three acre South Bank site
Alan Sugar’s Amsprop is planning to sell a £130m Thames-side office building on London’s South Bank that has long-term redevelopment potential, PropertyWeek.com can reveal.
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Picton proposes plans for final piece in refinancing jigsaw
Picton Property Income has revealed proposals to finance the repayment of its zero dividend preference shares, which would complete the refinancing of its entire debt.
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Prupim and Knight charge forth with Aberdeen office scheme
Prupim and the Knight Property Group have been given planning permission to start work on the first phase of Cityview Business Park in Aberdeen.
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LaSalle buys Irish supermarkets
LaSalle Investment Management has bought two supermarkets in Northern Ireland for £48.6m on behalf of the Northern Ireland Local Government Officers’ Superannuation Committee.
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Whitbread brews up 15% sales growth
Whitbread, the company behind Premier Inn and Costa Coffee, has reported sales growth of 14.8% in its second quarter, with like-for-like sales growing by 4.2%, in its second quarter.
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EPRA 2012 - Poitrinal: E-tailers have unfair tax advantages
European governments should make a fiscal level playing field between physical and online retailing, according to the chief executive of Europe’s biggest property company.
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Ministers mull residential planning shake-up
Large residential schemes could be reclassified and fast tracked through planning alongside airports and nuclear power projects as part of a scheme being considered by ministers to tackle the housing crisis.
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Housing plan implements Montague recommendations
A major government package has implemented recommendations by Sir Adrian Montague to boost the private-rented sector.
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Orchard Street buys Tesco Extra in Wembley
Tesco Extra in Wembley has been bought by Orchard Street Investment Management for £61.8m.
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John Lewis commits to Bond Street development
Department store retailer John Lewis will anchor the second phase of the Bond Street retail development in Chelmsford with its third flexible format store.