All Property Week articles in 5 August 2016
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Carluccio’s to open first restaurant in Edinburgh
Carluccio’s is set to open its first restaurant in Edinburgh after acquiring new premises in The Mint Building, South St Andrew Square from Chris Stewart Group.
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Aviva warns property fund could be gated until 2017
Aviva Investors has warned that its property fund for retail investors could be gated for the rest of the year at least.
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French pharma group to move into LaSalle's Sefton House
French pharmaceutical company Servier has signed for 12,148 sq ft at LaSalle Investment Management’s refurbished Sefton House near Heathrow Airport.
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Kajima wins planning for 81,924 sq ft City offices
Kajima Properties has secured planning permission for a major new office and retail development in the City at 77 Coleman Street.
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Muse snags anchor tenant for One City Place
Audit, tax and consultancy firm RSM has been announced as the anchor tenant at Muse Developments’ One City Place office development in Chester.
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Office leasing in central London bounces back in July
Leasing activity in the central London office market bounced back from a pre-referendum dip – rising 24% month-on-month in July, according to CBRE.
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FTSE 100 closes up for fifth day in a row
The FTSE 100 made a fifth successive day of gains on Wednesday boosted by stronger performances from financial stocks.
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Tritax Big Box gives positive forecast for prime industrial
Tritax Big Box has predicted prime logistics properties will hold their value in the wake of the EU referendum.
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Derwent cuts rental growth forecast
Derwent London has slashed its rental growth forecasts despite posting a record six months of lettings.
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House price growth at three-year low after Brexit
UK house prices grew at their slowest rate in the last three years in July following the UK’s Brexit vote, according to the latest RICS UK Residential Market Survey.
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Cushman & Wakefield reveals 62 promotions
Cushman Wakefield has announced 62 promotions to associate and associate director level throughout Europe, Middle East and Asia, across a range of markets, skill lines and functions including asset services, capital markets, global occupier services, office agency, project management, retail and valuation advisory.
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European investment plummets 12% in first half of 2016
Investment the European commercial real estate market plummeted 12% in the first half of the year, according to new research from Cushman Wakefield.
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Benson Elliot takes controlling stake in German housing group
Benson Elliot, the UK based private equity real estate manager, has bought a 74.9% controlling stake in GWB Elstertal Geraer Wohnungsbaugesellschaft (GWB) from its insolvent parent company, Stadtwerke Gera.
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Duke of Westminster Gerald Grosvenor dies suddenly at 64
One of Britain’s richest men and most influential property figures, the Duke of Westminster, has died at the age of 64.
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Tritax buys Amazon distribution centre
Tritax Big Box REIT has paid £42.9m for Amazon’s distribution centre at Kingston Park, Peterborough, reflecting a net initial yield of 5.6%.
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Land Securities signs three deals at Eastbourne Terrace
Land Securities has secured three lettings at 20 Eastbourne Terrace, London.
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Savills shares edge up
Savills shares rose 0.7% on Tuesday after the company reported solid interim results and the wider market gained ground.
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Footfall up at UK shopping centres in July
Footfall was up at UK shopping centres and retail parks in July, according to research from the British Council of Shopping Centres (BCSC).
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Sovereign Centos reveals new shopping mall plan for Telford
Plans for 70,000 sq ft of new retail space in Telford town centre have been revealed by developer Sovereign Centros.
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Franco Manca and Thaikhun make Southampton debuts at Westquay Watermark
Restaurant chains Franco Manca and Thaikhun will make their Southampton debuts after signing up to Hammerson’s £85m WestQuay Watermark scheme.