http://www.propertyweek.com http://www.propertyweek.com http://www.propertyweek.com/magazine/graphics/logo.png http://www.propertyweek.com http://www.propertyweek.com/finance/gazeley-on-the-block-for-£400m/5031791.article http://www.propertyweek.com/finance/gazeley-on-the-block-for-£400m/5031791.article The Middle Eastern owner of Gazeley is planning to sell the European industrial developer for more than £400m. Thu, 9 Feb 2012 08:47 GMT http://www.propertyweek.com/finance/lasalle-sets-up-$1bn-jv-to-target-major-properties/5031802.article http://www.propertyweek.com/finance/lasalle-sets-up-$1bn-jv-to-target-major-properties/5031802.article LaSalle Investment Management and Swiss fund manager Quantum Global have set up a $1bn fund to invest in large properties. Thu, 9 Feb 2012 09:58 GMT http://www.propertyweek.com/finance/growth-at-british-land-slows-dramatically/5031790.article http://www.propertyweek.com/finance/growth-at-british-land-slows-dramatically/5031790.article Growth in net asset value at British Land slowed dramatically in the last quarter of 2011, though the company said it was positioned to benefit from economic uplift. Thu, 9 Feb 2012 07:32 GMT http://www.propertyweek.com/news/news-by-region/london/malaysians-line-up-£290m-woolgate-buy/5031826.article http://www.propertyweek.com/news/news-by-region/london/malaysians-line-up-£290m-woolgate-buy/5031826.article Malaysian wealth fund PNB Holdings is in exclusive talks to buy the Woolgate Exchange in the City of London for almost £300m. Thu, 9 Feb 2012 11:51 GMT http://www.propertyweek.com/news/news-by-region/london/boris-triumphs-at-london-vs-new-york-debate/5031833.article http://www.propertyweek.com/news/news-by-region/london/boris-triumphs-at-london-vs-new-york-debate/5031833.article London claimed an overwhelming victory over New York at the LandAid “Battle of the Giants” debate last night as Boris Johnson faced off against the deputy mayors of New York. Thu, 9 Feb 2012 12:22 GMT http://www.propertyweek.com/finance/fund-management/savills-appointed-to-manage-£1bn-portfolio/5031825.article http://www.propertyweek.com/finance/fund-management/savills-appointed-to-manage-£1bn-portfolio/5031825.article Savills has been appointed to manage a £1bn property portfolio, in place of Capita Symonds. Thu, 9 Feb 2012 11:33 GMT http://www.propertyweek.com/news/news-by-sector/residential/slight-but-steady-increase-in-private-rented-residential-supply/5031819.article http://www.propertyweek.com/news/news-by-sector/residential/slight-but-steady-increase-in-private-rented-residential-supply/5031819.article The number of properties being bought with buy-to-let mortgages increased by around 84,000 in 2011 according to the Council of Mortgage Lenders. Thu, 9 Feb 2012 10:57 GMT http://www.propertyweek.com/news/news-by-region/north-west/cabe-criticises-peels-liverpool-waters-scheme/5031838.article http://www.propertyweek.com/news/news-by-region/north-west/cabe-criticises-peels-liverpool-waters-scheme/5031838.article Architectural watchdog CABE has criticised the design Peel Group’s £5.5bn Liverpool Waters scheme, stating that proposals contained a “weakly expressed masterplan and parameters that are not yet strong enough to serve as an effective planning tool”, TheBusinessDesk.com reported today. Thu, 9 Feb 2012 12:45 GMT http://www.propertyweek.com/prologis-completes-project-teal-sale-to-blackstone/5031792.article http://www.propertyweek.com/prologis-completes-project-teal-sale-to-blackstone/5031792.article Prologis has sold a 3.5m sq ft shed portfolio to Blackstone for around £211.4m. Thu, 9 Feb 2012 08:54 GMT http://www.propertyweek.com/news/news-by-region/london/devsecs-gets-go-ahead-for-£150m-shepherds-bush-scheme/5031795.article http://www.propertyweek.com/news/news-by-region/london/devsecs-gets-go-ahead-for-£150m-shepherds-bush-scheme/5031795.article Development Securities has been given the green light for a £150m redevelopment around Shepherd’s Bush market. Thu, 9 Feb 2012 09:19 GMT http://www.propertyweek.com/finance/ubs-launches-investment-fund-with-£43m-retail-purchases/5031829.article http://www.propertyweek.com/finance/ubs-launches-investment-fund-with-£43m-retail-purchases/5031829.article UBS Global Asset Management has launched a £200m investment fund, seeded by two retail properties. Thu, 9 Feb 2012 12:00 GMT http://www.propertyweek.com/finance/-assura-boosts-annualised-rent-roll-by-48/5031797.article http://www.propertyweek.com/finance/-assura-boosts-annualised-rent-roll-by-48/5031797.article Assura, the primary healthcare property company announced a 48% increase in its annualised rent roll in an interim management statement released this morning. Thu, 9 Feb 2012 09:39 GMT http://www.propertyweek.com/news/news-by-sector/residential/berkeley-first-seals-£80m-city-student-accommodation-deal/5031794.article http://www.propertyweek.com/news/news-by-sector/residential/berkeley-first-seals-£80m-city-student-accommodation-deal/5031794.article Berkeley First has agreed to forward sell a 617-bedroom student accommodation development in the City for over £80m. Thu, 9 Feb 2012 09:12 GMT http://www.propertyweek.com/news/news-by-sector/retail/british-land-to-sell-25-stake-in-meadowhall-shopping-centre/5031765.article http://www.propertyweek.com/news/news-by-sector/retail/british-land-to-sell-25-stake-in-meadowhall-shopping-centre/5031765.article British Land will put a 25% stake in the Meadowhall shopping centre in Sheffield up for sale alongside a 50% share currently being offered by London & Stamford and its Middle Eastern backers. Wed, 8 Feb 2012 16:17 GMT http://www.propertyweek.com/news/news-by-sector/retail/juicy-couture-takes-regent-street-flagship-store/5031727.article http://www.propertyweek.com/news/news-by-sector/retail/juicy-couture-takes-regent-street-flagship-store/5031727.article US fashion retailer Juicy Couture has agreed to open a new flagship store on London’s Regent Street. Wed, 8 Feb 2012 13:55 GMT http://www.propertyweek.com/professional/careers/adia-recruits-former-carrefour-property-chief-as-head-of-european-real-estate/5031704.article http://www.propertyweek.com/professional/careers/adia-recruits-former-carrefour-property-chief-as-head-of-european-real-estate/5031704.article Abu Dhabi Investment Authority (ADIA) has hired Pascal Duhamel, the former CEO of Carrefour Property, as its head of European real estate. Wed, 8 Feb 2012 12:11 GMT http://www.propertyweek.com/news/allsop-raises-£37m-at-february-commercial-auction/5031774.article http://www.propertyweek.com/news/allsop-raises-£37m-at-february-commercial-auction/5031774.article Allsop has raised £37m at its February commercial auction, achieving a 75% success rate. Wed, 8 Feb 2012 16:47 GMT http://www.propertyweek.com/news/news-by-region/west-midlands/aviva-and-coventrys-£300m-city-centre-plan-revealed/5031708.article http://www.propertyweek.com/news/news-by-region/west-midlands/aviva-and-coventrys-£300m-city-centre-plan-revealed/5031708.article The plan to redevelop the heart of Coventry has taken a significant step forward with the release of a detailed blueprint for the regeneration of a major part of the city centre, TheBusinessDesk.com reported today. Wed, 8 Feb 2012 14:02 GMT http://www.propertyweek.com/news/news-by-sector/retail/podcast-riot-clean-up-organiser-on-the-uks-empty-shops/5031716.article http://www.propertyweek.com/news/news-by-sector/retail/podcast-riot-clean-up-organiser-on-the-uks-empty-shops/5031716.article Self-proclaimed anarchist Dan Thomson, the man behind the Clean-Up campaign following London’s riots last summer, joins LBC’s James Max to discuss empty shops, social unrest and Mary Portas. Wed, 8 Feb 2012 14:40 GMT http://www.propertyweek.com/news/news-by-sector/hotels-and-leisure/savills-poaches-jll-hotels-senior-vice-president/5031719.article http://www.propertyweek.com/news/news-by-sector/hotels-and-leisure/savills-poaches-jll-hotels-senior-vice-president/5031719.article Savills has poached one of Jones Lang LaSalle Hotels’ senior vice presidents. Wed, 8 Feb 2012 13:08 GMT http://www.propertyweek.com/news/mayor-takes-over-olympic-park-legacy/5031678.article http://www.propertyweek.com/news/mayor-takes-over-olympic-park-legacy/5031678.article The Mayor of London Boris Johnson has announced he will create a Mayoral Development Corporation (MDC) that will be responsible for the regeneration legacy from the London 2012 Games, and that Baroness Margaret Ford will step down as its chair this summer. Wed, 8 Feb 2012 08:12 GMT http://www.propertyweek.com/professional/public-sector/industry-sceptical-over-government-infrastructure-plans/5031707.article http://www.propertyweek.com/professional/public-sector/industry-sceptical-over-government-infrastructure-plans/5031707.article UK surveyors are cynical about the government’s plans to leverage institutional funding to bring forward infrastructure projects, as construction workloads faltered again according to RICS figures published today. Wed, 8 Feb 2012 11:38 GMT http://www.propertyweek.com/news/news-by-region/scotland/bam-gets-green-light-in-glasgow/5031688.article http://www.propertyweek.com/news/news-by-region/scotland/bam-gets-green-light-in-glasgow/5031688.article BAM Properties has been granted planning consent for its 143,000 sq ft 110 Queen Street office building in Glasgow. Wed, 8 Feb 2012 10:10 GMT http://www.propertyweek.com/news/news-by-sector/residential/grainger-reports-sales-58-ahead-of-book-value/5031679.article http://www.propertyweek.com/news/news-by-sector/residential/grainger-reports-sales-58-ahead-of-book-value/5031679.article Residential property owner Grainger has reported robust sales, with the disposal of vacant assets in the four months to the end of January 5.8% ahead of its September valuations. Wed, 8 Feb 2012 08:43 GMT http://www.propertyweek.com/news/news-by-region/north-west/liverpool-to-get-elected-mayor/5031705.article http://www.propertyweek.com/news/news-by-region/north-west/liverpool-to-get-elected-mayor/5031705.article Councillors in Liverpool last night voted to change the city’s constitution to elect a mayor for the city, TheBusinessDesk.com reported today. Wed, 8 Feb 2012 11:39 GMT http://www.propertyweek.com/finance/cbre-reports-profit-of-$2392m-for-2011/5031677.article http://www.propertyweek.com/finance/cbre-reports-profit-of-$2392m-for-2011/5031677.article CBRE increased its net profit by 19% to $239.2m last year. Tue, 7 Feb 2012 22:21 GMT http://www.propertyweek.com/news/pears-and-devsecs-win-nama-portfolio/5031642.article http://www.propertyweek.com/news/pears-and-devsecs-win-nama-portfolio/5031642.article Pears Group and Development Securities have teamed up in an innovative partnership to buy a £100m plus portfolio from the Irish National Asset Management Agency. Tue, 7 Feb 2012 11:14 GMT http://www.propertyweek.com/news/devsecs-confirms-nama-talks/5031661.article http://www.propertyweek.com/news/devsecs-confirms-nama-talks/5031661.article Development Securities has confirmed it is in discussions to buy “a number of” assets from Ireland’s National Asset Management Agency. Tue, 7 Feb 2012 16:13 GMT http://www.propertyweek.com/finance/regional-comfort-as-st-modwen-enjoys-9-nav-boost/5031631.article http://www.propertyweek.com/finance/regional-comfort-as-st-modwen-enjoys-9-nav-boost/5031631.article St Modwen enjoyed a 9% boost to its NAV per share over 2011, the regeneration developer revealed today, in what will be a comforting sign to the regional development markets. Tue, 7 Feb 2012 07:36 GMT http://www.propertyweek.com/finance/little-chef-restructured-to-break-deadlock-with-landlords/5031641.article http://www.propertyweek.com/finance/little-chef-restructured-to-break-deadlock-with-landlords/5031641.article RCapital has completed the restructuring of roadside eatery Little Chef which has resulted in the closure of around 67 sites. Tue, 7 Feb 2012 11:19 GMT http://www.propertyweek.com/home/events/property-week-and-canary-wharf-group-launch-next-tweet-up/5031647.article http://www.propertyweek.com/home/events/property-week-and-canary-wharf-group-launch-next-tweet-up/5031647.article Property Week, in partnership with Canary Wharf Group, is today launching its second Property Week Tweet Up event. Tue, 7 Feb 2012 12:15 GMT http://www.propertyweek.com/finance/hotbed-sold-to-former-directors/5031670.article http://www.propertyweek.com/finance/hotbed-sold-to-former-directors/5031670.article Hotbed, the private equity and property firm, has been bought by Connection Capital, the private client investment business, and Riverside Capital Investors, the property asset manager. Tue, 7 Feb 2012 17:51 GMT http://www.propertyweek.com/news/news-by-region/north-west/plans-submitted-for-£100m-chester-student-village/5031640.article http://www.propertyweek.com/news/news-by-region/north-west/plans-submitted-for-£100m-chester-student-village/5031640.article Chester-based developer Bell Developments has submitted plans for a £100m student village, TheBusinessDesk.com reported today. Tue, 7 Feb 2012 11:08 GMT http://www.propertyweek.com/news/news-by-sector/retail/shop-vacancies-stabilise-at-143-but-worse-to-come-in-2012/5031616.article http://www.propertyweek.com/news/news-by-sector/retail/shop-vacancies-stabilise-at-143-but-worse-to-come-in-2012/5031616.article Shop vacancy rates have stabilised at 14.3% but the number of empty retail units is expected to rise again this year as consumers increasingly move away from the high street. Tue, 7 Feb 2012 00:01 GMT http://www.propertyweek.com/news/news-by-sector/retail/network-rail-unveils-retail-line-up-for-kings-cross-station/5031654.article http://www.propertyweek.com/news/news-by-sector/retail/network-rail-unveils-retail-line-up-for-kings-cross-station/5031654.article The brands include American Apparel, Kiehl’s and Watermark, all of which will be newcomers to King’s Cross. Tue, 7 Feb 2012 14:36 GMT http://www.propertyweek.com/news/canadians-negotiate-over-landsecs-£150m-victoria-stake/5031591.article http://www.propertyweek.com/news/canadians-negotiate-over-landsecs-£150m-victoria-stake/5031591.article Land Securities is in talks with Canada Pension Plan Investment Board (CPPIB) to fund its £1bn Victoria Circle development. Mon, 6 Feb 2012 09:35 GMT http://www.propertyweek.com/news/news-by-region/london/one-hyde-park-£60m-apartment-sold-and-luxury-retail-on-the-market/5031628.article http://www.propertyweek.com/news/news-by-region/london/one-hyde-park-£60m-apartment-sold-and-luxury-retail-on-the-market/5031628.article One Hyde Park’s last five bedroom apartment has been sold, bringing the total volume of sales in the London luxury residential scheme to more than £1.5bn. Mon, 6 Feb 2012 21:01 GMT http://www.propertyweek.com/news/workspace-appoints-new-chief-executive/5031589.article http://www.propertyweek.com/news/workspace-appoints-new-chief-executive/5031589.article Workspace Group has appointed the former Mapeley boss Jamie Hopkins as its chief executive. Mon, 6 Feb 2012 09:32 GMT http://www.propertyweek.com/news/uk-commercial-property-trust-to-rebuild-shrewsbury-shops/5031584.article http://www.propertyweek.com/news/uk-commercial-property-trust-to-rebuild-shrewsbury-shops/5031584.article UK Commercial Property Trust has submitted a planning application for the redevelopment of its three shopping centres in Shrewsbury into a single centre. Mon, 6 Feb 2012 08:49 GMT http://www.propertyweek.com/news/helical-bar-signs-£100m-debt-deal-with-rbs/5031583.article http://www.propertyweek.com/news/helical-bar-signs-£100m-debt-deal-with-rbs/5031583.article Helical Bar has agreed to take out a £100m revolving credit facility with the Royal Bank of Scotland. Mon, 6 Feb 2012 08:38 GMT