All Property Week articles in 01 November 2013 – Page 2
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OnlineIntu launches £485m bond
Intu Properties has launched a £485m bond to refinance existing debt facilities which are due to mature in February 2015.
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OnlineScottish communities to have more power over public assets
Plans to allow communities to take over public sector land and buildings have been published by the Scottish government today.
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OnlineGoogle eyes more space at King’s Cross
Google is in talks to take 160,000 sq ft at 6 St Pancras Square in King’s Cross, after announcing it was revising plans for its new London headquarters earlier this week.
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OnlineRIBA and Arup lobby for "digitisation of planning"
The government should introduce requirements to facilitate the spread of property-related “open data”.
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OnlineAbercrombie & Fitch to close Gilly Hicks stores
Abercrombie Fitch has announced that it will close all of its standalone lingerie stores called Gilly Hicks.
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OnlineGrosvenor and Crossrail receive Mayfair verdict
Westminster City Council has approved plans for a 65,000 sq ft office development in the heart of Mayfair.
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OnlineRedefine takes next step towards REIT status
The board of Redefine International has come to an agreement on the terms of the proposed internalisation of its management function.
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OnlineKnight Frank boosts Birmingham residential team
Knight Frank has made two appointments to its central residential development team in Birmingham, in direct response to the region’s increase in housebuilding.
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OnlineAbercrombie & Fitch to close Gilly Hicks stores
Abercrombie Fitch has announced that it will close all of its standalone lingerie stores called Gilly Hicks.
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OnlineUKCPT reports NAV increase
UK Commercial Property Trust has reported a positive set of interim results with a net asset value price per share increase.
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OnlineCLS Holdings agrees deal with InterContinental in Vauxhall
The 93 bedroom Staybridge Suites hotel will form a part of the £80m mixed-use Spring Mews development in Vauxhall.
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OnlineHigh streets minister says Grimsey review is “crap”
Newly-appointed high streets minister Brandon Lewis has branded elements of Bill Grimsey’s review of UK retail “crap” and called for a shorter timescale for change.
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OnlineMuse picked to redevelop Brixton town hall
Muse Developments has been named as the preferred developer for the redevelopment of Lambeth town hall in Brixton.
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OnlineIsraeli investor to buy Scottish government building
One of Israel’s largest insurance firms is in advanced talks to buy Scottish government office 150 Broomielaw for around £42m.
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City construction hits five-year high
The London office development market remains at a four-year high with 9.7m sq ft across 71 schemes now under construction, focused particularly on a re-bounding City market, according to the latest London Office Crane Survey.
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OnlineCouncil officials recommend Hammersmith town hall redevelopment
Helical Bar and Grainger’s redevelopment of Hammersmith town hall has been recommended for approval by council officials.
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OnlineLaSalle IM buys £19m Rochdale mall
LaSalle Investment Management has announced the acquisition of The Exchange Shopping Centre in Rochdale from Axa Real Estate Investment Management for £19m, a net initial yield of 9%.
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OnlineChinese developer completes One Nine Elms purchase
Green Property has completed the sale of One Nine Elms to China’s Dalian Wanda Group for its first five-star hotel outside of China.
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OnlineKnight Frank: Global Development Insight
Knight Frank’s latest Global Development Insight report, which takes into account the buying habits of high net worth individuals around the world, confirms that the Chinese are the most influential buyer nationality in the world’s prime new-build sector.
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OnlineTravelodge starts work on six new hotels
Travelodge has started work on six new hotels, totalling 579 rooms, across the UK.
