All Property Week articles in 4 September 2015
View all stories from this issue.
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New Scotland Yard application submitted
A planning application has been submitted for the redevelopment of New Scotland Yard into a £1bn luxury residential scheme.
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FTSE falls after BoE minutes
The FTSE All-Share fell 1.1% on Thursday amid weak Chinese manufacturing data and Bank of England minutes indicating that some policymakers were concerned there was a risk that inflation would rise quicker than forecast.
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Manolo Blahnik walks into Burlington Arcade
High-end footwear retailer Manolo Blahnik has agreed a deal for a new store in London’s Burlington Arcade.
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Savills hires C&W EMEA chief
Philip Ingleby, Cushman Wakefield’s chief operating officer for Europe, the Middle East and Africa (EMEA) before the merger with DTZ, has joined Savills as chief operating officer for Europe.
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Cording buys £32.2m office in Edinburgh
Northern European real estate investment and asset management firm Cording Real Estate Group has acquired a landmark office building in Edinburgh’s office district for £32.2m.
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Green light for £8.4bn Greenwich Peninsula project
Plans to build 15,720 homes at London’s Greenwich Peninsula have been given the go-ahead by the Royal Borough of Greenwich.
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Blackstone to sell West End office for £35m
Blackstone has put a West End office, previously owned by Michael O’Flynn’s Tiger Developments, up for sale more than £35m, Property Week can reveal.
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Miller Homes profits nearly double
Miller Homes has reported an 80% jump in profits and agreed new banking facilities to support future growth.
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Property company launches mini-bond on crowdfunding platform
Property investment company LMSL Group has launched a mini-bond on the crowdfunding platform CrowdBnk to raise £9m for development projects in east London.
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Quintain shareholders given extension to mull Lone Star bid
Quintain shareholders have been given an extra two weeks to respond to Lone Star’s £700m bid for the company after the offer gained the support of 53% of the shareholder base.
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Morrisons to sell 11 more supermarkets
Morrisons has revealed plans to close 11 supermarkets having announced the sale of 140 convenience stores earlier in the week.
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Colliers expands in Ireland with Ganly Walters deal
Colliers International has expanded its presence in Ireland with the acquisition of Dublin-based property and facility management firm Ganly Walters Management.
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Dalata shares jump over 7%
Dalata shares surged more than 7% on Wednesday after the Irish hotel group announced plans for a €160m capital raise and reported strong results.
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Singaporean investor nets first UK hotel for £61m
CDL Hospitality Trusts has acquired the Cambridge City Hotel from London Regional for £61.5m, marking the Singapore-listed hotel landlord’s first investment in Europe.
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Equity raised by listed European propcos this year hits €10bn
The total equity raised in IPOs and secondary offerings by European property companies has hit €10bn so far this year.
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Cording appoints Bysh as joint chief executive
Cording Real Estate Group has appointed Rodney Bysh as joint chief executive alongside Peter Dove.
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Female board representation in UK real estate lags well behind Europe
The number of women holding board positions at listed real estate companies in the UK and Ireland is well below the European average, according to new research from the European Public Real Estate Association (EPRA).
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Strettons trumps year-on-year total at September auction
Strettons raised more than £11.7m at its latest auction, representing a year-on-year increase of almost £5m.
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Morrisons agrees deal for sale of 140 convenience stores
Morrisons has agreed to sell 140 M Local convenience stores for around £25m to a team led by retail entrepreneur Mike Greene and backed by Greybull Capital.
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RESI 2015: Plan in advance to find land for homes, senior director says
Dealing with surplus land feels “too sequential,” according to Richard McCarthy, executive director central government for Capita.