All Property Week articles in 5 June 2015
View all stories from this issue.
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OnlineEarl Cadogan's property empire valued at £5.2bn
The value of Cadogan Group’s 93-acre property estate in Kensington and Chelsea has leapt 13.5% to a new high of just under £5.2bn.
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OnlineStrong results send First Property shares surging 9.3%
Shares in First Property leapt 9.3% on Thursday to 44p on the strength of its full-year results.
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OnlineBrockton and Gracemark settle High Court battle
Brockton Capital and Gracemark Investments’ ongoing High Court battle over the purchase of the former Royal Mail sorting office on New Oxford Street has been settled out of court.
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OnlineHammerson offloads Paris shopping centre
Hammerson has exchanged contracts to sell its interest in the Bercy 2 shopping centre in Charenton-Le-Pont, Paris, to Tikehau Capital Partners for €64 million (£47 million).
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Online
Clearbell sells Xerox Campus in Welwyn
A fund managed by Clearbell Capital has sold the Xerox Campus in Welwyn Garden City to Chase New Homes.
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OnlineOld Street station key to tech city development, TFL boss says
Transport for London is prioritising the redevelopment of Old Street station in order to encourage development in the area, the body’s director of commercial development said today.
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NewsBallymore frontrunner for Nine Elms Royal Mail site
Ballymore has emerged as the frontrunner to buy the Royal Mail’s distribution centre in Nine Elms, marking a major turnaround for the developer.
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OnlinePublic 'unprepared' for Crossrail impact
The public has failed to appreciate the number of people that will be brought into the West End as a result of the new Crossrail train line, according to a panel of experts.
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OnlineClyde & Co signs for Manchester’s Royal Exchange
International law firm Clyde Co has signed up to The Royal Exchange in Manchester city centre, marking the first stage of its plan to expand its presence in the city.
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Online
Ediston's EPIC buys Daventry retail park
Ediston Property Investment Company (EPIC) has exchanged contracts to buy the Abbey Retail Park in Daventry for £11.95m.
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Online
SEGRO signs up Wasabi at Origin
SEGRO has signed up Wasabi to take a 65,000 sq ft unit at its Origin project in Park Royal on the outskirts of London.
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OnlineTwelve promotions at Deloitte Real Estate
Deloitte Real Estate has completed 12 promotions – creating five new partners and seven new directors.
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F&C REIT changes name after BMO deal
F C REIT is to be re-branded as BMO Real Estate Partners from next month.
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OnlineStenprop makes strong start
Stenprop – which floated last October with €700m of assets from Stenham including a substantial London office portfolio – has published strong NAV growth in its first annual results.
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OnlineRECI bolsters direct property lending
Cheyne Capital’s Real Estate Credit Investments has increased its loan portfolio 76% over the past year to £90m of drawn facilities.
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Office-to-resi success drives First Property profits
First Property has reported a 22.4% increase in annual profit before tax largely thanks to the strong profits delivered by its office-to-residential fund.
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OnlineCity offices must adapt to tech occupiers, says Rohan Silva
City properties must become more flexible to accommodate growing technology companies, the co-founder of Second Home told the London Real Estate Forum.
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OnlineIrish housebuilder climbs 5% in first day of trading
Shares in Irish housebuilder Cairn Homes climbed 5% in its first day of conditional trading.
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OnlineDeutsche Pfandbriefbank to be floated in July
Commercial real estate lender Deutsche Pfandbriefbank (PBB) is to be floated on the Frankfurt Stock Exchange in July.
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London must back regional cities, says LSE academic
Competing with cities such as Manchester for European corporate occupiers could work to London’s economic advantage, according to the director of the LSE London research group Tony Travers.
