All Property Week articles in 8 August 2014 - TABLET EDITION
View all stories from this issue.
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OnlineFrontrunner picked for £300m Savoy refinancing
Luxury upmarket London hotel the Savoy is understood to be close to agreeing a deal with Deutsche Bank to lead a £300m refinancing of the Strand property.
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OnlineBruntwood submits £50m retail plans for Manchester Business School
Bruntwood and the University of Manchester have submitted plans for the second phase of a £50m redevelopment of Manchester Business School.
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OnlineSingaporeans in front for £175m-plus City trophy
A sovereign wealth fund owned by the Government of Singapore is poised to buy Beacon Capital Partners’ 50% stake in City building MidCity Place for more than £175m.
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OnlineJaguar Land Rover signs at Midlands shed
Prologis has agreed to lease 225,000 sq ft at Prologis Park, Ryton, in the Midlands, to Jaguar Land Rover (JLR).
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OnlineL&G Property lands JLL's Manchester office
Legal General Property’s Managed Property Fund has completed its deal to buy One Piccadilly Gardens in Manchester for £75m, a 5.64% yield.
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OnlineGoodman profits up 10%
Goodman Group has reported that its total assets under management climbed 14% to $26.8bn (£14.8bn) in the year to the end of June, reflecting investor demand for quality and well performing industrial assets.
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OnlineCapital Properties outlines Fort Dunlop revamp
Capital Properties has outlined its vision for boosting the public realm aspects of Fort Dunlop, in Birmingham, following the announcement that Tristan Capital Partners had bought the site - one of the largest speculative office buildings outside London.
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OnlineAtrium progresses divestment strategy
Atrium European Real Estate has reported “solid progress” in its strategy of opportunistically divesting itself of non-core development properties during the first half.
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OnlineHelical Bar buys £30m industrial portfolio
Helical Bar has bought a 460,000 sq ft portfolio of 11 industrial estates and distribution warehouses from a separate account client of Rockspring Property Investment Managers for £29.7m, reflecting a net initial yield of 8.0%, excluding one vacant property in Rugby.
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OnlineCrown teams up with Gingko for Fosse Park
The Crown Estate has formed a joint venture with Gingko Tree Investment for its £345.5m purchase of Fosse Shopping Park.
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OnlineSingaporeans snap up Heron Plaza
Property investment company Heron International has sold Heron Plaza, its prime development site on Bishopsgate in the City of London, to Singaporean investor UOL Group Limited for £97m.
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OnlineO'Flynn regains control of company from Blackstone
Irish property tycoon Michael O’Flynn has regained control of his company from American finance giant Blackstone, after succeeding in having himself and his board reinstated and an interim examiner removed.
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OnlinePanther purrs with 220,000 sq ft shed letting
Panther Securities has exchanged on a deal to lease its 220,000 sq ft industrial freehold in Merton, south-west London, to a UK television broadcaster.
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OnlineLiverpool eyesore to be redeveloped
West Nile Developments has won permission to transform Liverpool’s derelict grade II-listed Watson Building into a 73,000 sq ft office.
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OnlineGFK agrees new Canary Wharf home
Research firm GFK has confirmed its deal to take 40,000 sq ft of space at 25 Canada Square in Canary Wharf, bringing the total space let in the building this year to more than 300,000 sq ft.
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OnlineCapital & Regional sees NAV rise of 8.1%
Capital Regional has set out its future priorities with its half-year results to the end of June, including plans to convert to a REIT this December.
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OnlineMirLand's Russian venture sees revenue rise 95%
Russia-focused residential and commercial property developer MirLand Development Corporation has reported “excellent operational progress” despite the economic and political issues besetting the country.
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Online
Land Securities signs £267.8m Cabot Circus deal
Axa Real Estate Investment Mangers has agreed to buy Land Securities’ half share in Cabot Circus shopping centre in Bristol city centre and surrounding interests for £267.8m.
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OnlineLand Securities signs £267.8m Cabot Circus deal
Axa Real Estate Investment Managers has agreed to buy Land Securities’ half share in Cabot Circus shopping centre in Bristol city centre and surrounding interests for £267.8m.
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OnlineBritish Land and Tesco secure retail park pre-let
British Land and Tesco have fully pre-let the new £19m extension at Clifton Moor Shopping Park in York with five deals totalling almost 62,000 sq ft.
