All Property Week articles in 31 October 2014
View all stories from this issue.
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OnlineDorey quits Montagu Evans to return to CBRE
Ralph Dorey is leaving Montagu Evans to return to CBRE as a senior director in its central London leasing business, working in the West End team. Dorey was at CBRE for six years before leaving for Montagu Evans in 2009. He has worked with companies including Land Securities, Aviva, TIAA ...
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Online
Atrium snaps up €83m Czech shopping centre
Atrium European Real Estate has acquired the AFI Palác shopping centre in Pardubice, Czech Republic, from AFI Europe for €83m.
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OnlineCentral London retail vacancy rates fall again
The average vacancy rate was just 2.8% at the end of June, representing a fall of 25% on six months earlier. Knight Frank said some locations had zero availability and there was evidence of units being marketed one or two years in advance. The report highlighted the strength ...
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OnlineBrookfield and Qatar make approach for Canary Wharf
Brookfield and Qatar Holding have made a preliminary joint approach to take over Songbird Estates in a move that would enable the pair to gain control of Canary Wharf Group’s giant £6.28bn property portfolio.
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OnlineZara opens first UK menswear-only store
Fashion retailer Zara has opened its first menswear-only store in the UK at Hammerson’s Bullring shopping centre in Birmingham.
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OnlineRecruitment company letting sets Charlotte Street rent record
Standard Life Investments’ UK Property Fund has let a floor at 33 Charlotte Street to recruitment company Spencer Ogden, setting a record rent for the street.
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OnlineBNP Paribas Real Estate makes double appointment
BNP Paribas Real Estate has appointed Tom Bolland and Johnny Dunford to its London-based corporate real estate team.
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OnlineJ Crew to open fifth London store in Marylebone
American fashion retailer J Crew is set to open its latest London store after agreeing a deal to take 5,000 sq ft in Marylebone, Property Week can reveal.
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OnlineBlackrock buys £35m Milton Keynes office
Private equity real estate fund manager Benson Elliot has sold CBX II in Milton Keynes to Blackrock for £35m, reflecting a net initial yield of 7.0%.
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OnlineHansteen grabs office and industrial portfolio
Property investment company Hansteen Holdings has bought a £36.2m portfolio of seven multi-let offices and a portfolio of five industrial estates on behalf of the Hansteen UK Industrial Property Unit Trust II.
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OnlineKennedy Wilson reports 2.1% NAV jump since float
Kennedy Wilson Europe Real Estate has reported a net asset value of £999.8m or 997.6 pence per share, 2.1% higher than when it floated in February.
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OnlineTelegraph HQ under offer for £200m
The Telegraph newspaper’s headquarters in Victoria is under offer to investor Kennedy Wilson Europe Real Estate for more than £200m.
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OnlineCheesegrater cordoned off after bolt falls to the ground
British Land and Oxford Properties have been forced to reassure the public that its Cheesegrater skyscraper is safe after two bolts on the building broke earlier today.
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OnlineNorges under offer on £190m West End HQ
Norges Bank Investment Management is under offer to buy its West End home for around £190m.
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OnlineDTZ acquisition completes
The acquisition of DTZ by a group led by TPG Capital has completed, marking the beginning of its trading as an independent, privately-owned global property services company.
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OnlineCrown completes retail park purchase
The Crown Estate has completed its £42m purchase of a site in Banbury for a fashion park from LXB Retail Property, which is still managing the development.
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OnlineM&G buys into Leeds’ Central Square
M G Real Estate is set to fund the £96m development of the Central Square office scheme in Leeds, the former site of the Lumiere residential project.
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OnlineUK housing market to enter ‘stable era’
The UK housing market is entering a new stable, yet challenging era, according to JLL, which predicts house price growth of 4% for 2015.
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OnlineSchroder REIT toasts 8.7% jump in NAV
Schroder Real Estate Investment Trust has reported an 8.7% jump in NAV per share over the past quarter.
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OnlineLaw firm signs for new Birmingham office
Law firm Hogan Lovells has agreed a deal for a new office in Colmore Plaza in Birmingham.
