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All Property Week articles in 01 November 2013
View all stories from this issue.
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OnlineAXA seeks fresh buyer for £245m Midtown block
The flashy new London headquarters of internet retail giant Amazon is to be put on the market for offers in excess of £245m, or a yield of around 4.75%.
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OnlineGreen light for Salford resi
Plans for 140 new homes in Salford, Greater Manchester, have been approved by the local council.
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OnlineSellar wins planning for Canada Water revamp
Sellar Develpments has won planning permission for a 1.5m sq ft mixed use scheme in London’s Docklands.
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OnlineChinese pounce on £170m Midtown block
GLL Real Estate Partners has sold the freehold interest in Centrium, 61 Aldwych, to a company wholly owned by China Overseas Holdings, for £170m.
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OnlineBuyer selected for £80m Menzies hotel portfolio
A British property investment company has gone into exclusive talks to buy the Menzies portfolio of hotels for just over £80m.
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OnlineCommercial property lease lengths at historic low, according to research
Lease lengths for commercial property fell to an historic low in the year to June 2013, while income lost due to tenants going bust hit an all time high, according to research.
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OnlineWestfield to sell largest regional mall for more than £400m
Westfield is preparing to sell its largest regional shopping centre for a price understood to be in excess of £400m.
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OnlineTrip Advisor signs up at Oxford Science Park
Trip Advisor has agreed to lease 31,500 sq ft of space at the Hinshelwood Building at Oxford Science Park.
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OnlineCarrefour to buy more than 100 European shopping centres for €1.7bn
Carrefour is in talks to buy more than 100 shopping centres in France, Spain and Italy owned by Klepierre for €1.7bn, according to French daily newspaper Le Figaro.
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OnlineBank of Scotland provides £225m facility to Stewart Milne Group
Bank of Scotland has provided Stewart Milne Group with a new £225m facility to build 5,000 new homes across Scotland and the north west of England over the next five years.
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OnlineUK must build 1.5 million homes by 2020
Think tank Policy Exchange has said that 1.5 million new homes must be built by 2020 and that at least one new garden city should be created.
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OnlineTerrace Hill acquires food store site
Terrace Hill has acquired a 5.3 acre site for a food store in Stokesley in North Yorkshire.
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OnlineGrainger net asset value rises by 9%
Grainger has reported a gross net asset value rise of 19p or 9% in its full year results this morning.
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OnlineFormer CBRE head of debt advisory joins Gatehouse Bank
Natale Giostra (pictured), the former head of UK EMEA debt advisory at CBRE has joined Gatehouse Bank.
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OnlineFacebook books in to British Land’s Regent Place
Facebook has agreed to take 87,719 sq ft of space at British Land’s 10 Brock Street, part of its Regent’s Place development in the West End.
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OnlineGreat Portland Estates creates new joint venture for Hanover Square development
Great Portland Estates has entered in to a joint venture agreement with the Hong Kong Monetary Authority to bring forward a 208,000 sq ft development in London’s West End.
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OnlineCBRE Hotels appoints EMEA chief operating officer
CBRE Hotels has appointed a new chief operating officer for its EMEA business as it plans to expand the platform.
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OnlineWigan town masterplan revealed
A masterplan has been unveiled for the £60m redevelopment of Wigan Town Centre.
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OnlineSouth Bank skate park protected by law
London’s Southbank Centre has entered into a legal commitment to guarantee the long-term future of skateboarding and other “urban art forms” on its site.
