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Welcome to the South East of England property coverage at PropertyWeek.com, giving you all the news and views from Kent, Essex, Surrey, Sussex and the Thames Gateway.South east news
“Dragons’ Den” investor launches estate agency
The venture capital firm of “Dragons’ Den” investor James Caan, Hamilton Bradshaw Real Estate, has launched a Surrey-based estate agency called Ivy Gate.
Big Yellow enjoys “a little more optimism” after profit increase
Storage company Big Yellow Group today reported an 8% rise in profit, as its chairman confided a little more optimism about the market than in previous years to shareholders in its annual results.
NewRiver agrees 71,000 sq ft Morrisons prelet in Hampshire
NewRiver Retail has signed a prelet with Morrisons at its Locks Heath Shopping Centre in Fareham, Hampshire, under plans to extend the mall.
BlackBerry bears fruit for Segro
Troubled smartphone manufacturer BlackBerry has extended the lease on its European head office in Slough.
Film studio expansion rejected
South Buckinghamshire District Council has rejected plans by Pinewood studios for a £200m expansion at its headquarters in Iver Heath, west of London.
Goodman completes Oxford sale for £29m
Goodman has completed the sale of a headquarters building at Oxford Business Park to the Charles Street Building group for £29.1m.
TMT has largest share of M25 take-up since 2001
Technology, media and telecommunications companies accounted for more deals in M25 locations in the first quarter of 2013 than in any other quarter in the last twelve years according to Knight Frank research.
Hermes invests in Bromley scheme
Developer Cathedral Group has partnered with Hermes Real Estate Investment Management on its £90m Bromley South Central scheme.
Council adopts Thame neighbourhood plan
A neighbourhood plan that designates five sites for new housing in Oxfordshire will be formally adopted by the local council after securing residents’ backing.
Abercrombie’s Ashford outlet excursion
US fashion retailer Abercrombie & Fitch will next week open its first European designer outlet store, at McArthurGlen’s Ashford Designer Outlet in Kent.
BlackRock appoints development partner in Thurrock
BlackRock has appointed Bericote as its development partner on its Tower Thurrock scheme.
Mansion planned for Surrey golf club
Players at the Wentworth Club golf course in Surrey could soon have a lavish new neighbour after a joint venture between Topland Group and Urban Exposure acquired a 3.4 acre site adjacent to the course with planning permission for an 11-bedroom mansion.
Henley buys Northampton office for £6.7m
Henley Investments has bought a business park in Northampton from Dutch investor Wereldhave for £6.7m, reflecting a net yield of 16.9%.
Gravesend scheme gets the go-ahead
Edinburgh House Estates has secured planning consent for a £120m scheme to rejuvenate Gravesend town centre.
Housebuilder chosen for Berkshire garrison site
The property and services arm of the Ministry of Defence has chosen housebuilder Crest Nicholson to redevelop the Arborfield Garrison in Berkshire.
Whiteley nearly fully let ahead of opening
The Whiteley Shopping Park development is now 91% let by rent ahead of its opening on 23 May.
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Chelmer Village scores lettings hat trick
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Beales surrenders store to Sainsbury’s
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Segro completes BMC Software letting at IQ Winnersh
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Lend Lease planning Bluewater sale
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Landid and Brockton’s £100m office alliance
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Chief exec appointed to lead Milton Keynes development partnership
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Intu buys Watford centre
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Rockspring forward funds Milton Keynes supermarket
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Remortgaging splurge in Q1
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Hammerson submits plans for WestQuay extension
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Lloyds leads £320m Bicester Village refinancing
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Countryside collects Cambridge consent
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Stansted to spend £40m on shop spree
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Lend Lease ready for retail return in Guildford
Find the latest planning application consents and approvals in the South east with our Planning Intelligence service. Emailed to your inbox every week.
South East data
Colliers: South East Offices Snapshot 2013
Take-up in the M25 market surpassed 1 million sq ft for only the second time in 18 months.
South-east performance stabilises vacancy rate
The national retail property vacancy rate remained stable at 14.6% in the second quarter, except in May, when it dropped to 14.5%. This equates to more than 23,000 shops lying vacant in Britain’s top 650 town centres.
south east analysis
The plan from the Pru
Prupim’s new chief executive, Alex Jeffrey, plans to raise the fund manager’s profile and attract international investors to the UK — all while staying faithful to its prudent roots. James Whitmore spoke to him.
Pillars of society
A merger between London & Stamford and Metric would reunite the Pillar Property team, create a huge £850m REIT — but spell the end of veteran Raymond Mould’s illustrious property career. James Whitmore reports
My 10-point plan for the sustainable growth of London
London is a world city restricted by rules that prevent the mayor of London from being fully in control.
south east professional
People Moves: Savills, Carter Jonas, Smiths Gore, Cluttons and more...
Northumbria University has appointed Damon Kent as director of campus services.
People Moves: 15 February
Northumbria University has appointed Damon Kent as director of campus services.
Liability for valuations lends itself to test case
The message: Will lenders and valuers learn from their mistakes?
