All Property Week articles in 04 April 2014 – Page 4
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OnlineBattersea Power Station third phase launched
The Battersea Power Station Development Company has today unveiled the plans for phase three of the development, providing more than 1,300 homes and 350,000 sq ft of retail and restaurant space.
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OnlineNew planning court launched
A new planning court for England and Wales was launched yesterday, aimed at speeding up the court process and reducing unnecessary delays to hundreds of building projects.
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OnlineOrchard Street secures £150m pension fund mandate
Orchard Street Investment Management has been awarded a new £150m investment directive from a large UK pension fund client of Aon Hewitt, to acquire a portfolio of UK commercial property.
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OnlineIrish residential REIT to float
Irish Residential Properties REIT, an Irish property investment company, will look to float on the Irish Stock Exchange.
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OnlineCo-op signs pub lease deal with NewRiver
The Co-operative Food has signed an agreement to lease 54 pub sites from Marston’s which were bought last year by NewRiver Retail.
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OnlinePicton buys Random House warehouse
Picton has bought a 335,000 sq ft East Midlands distribution warehouse, in Grantham, Lincolnshire for £11.48m.
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OnlineOld Market, Hereford opening delayed
The launch of the only major shopping centre to open this year has been delayed due to the bad weather earlier this year.
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OnlineDevSecs forms major science park JV
Development Securities has formed a joint venture to develop around 1m sq ft of space at the Harwell Oxford Science Campus.
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OnlineGreen Reit in €400m equity raise
Green Reit has today announced its intention to raise up to €400m of equity, as tipped by Property Week.
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OnlineAdministrators to close Paul Simon stores
Administrators for collapsed home furnishing brand Paul Simon will close 17 of the retailer’s 50 stores over the next three weeks.
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OnlineHammerson and Standard Life sign new lettings at Brent Cross
Hammerson and Standard Life Investments’ UK Shopping Centre Trust have completed a deal with kitchenware retailer Lakeland for a 3,800 sq ft store at Brent Cross Shopping Centre.
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OnlineRICS in Coventry relocation
The Royal Institution of Chartered Surveyors is relocating its operational headquarters to new premises in the Friargate business quarter in Coventry.
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OnlineFourth Build to Rent deal to deliver 500 new homes
A housing association has received £50m from the government to build 500 homes for private rent in London and Essex.
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OnlineTritax adds to its Tesco collection
Tritax Big Box REIT has exchanged contracts to acquire Tesco’s 290,000 sq ft distribution centre at Southmead Industrial Estate, Didcot, for £27.2m.
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OnlineSanpower set to acquire House of Fraser
Chinese conglomerate Sanpower Group is on the cusp of buying 89% of House of Fraser in a deal that values the department store at more than £450m.
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InformationVideo: Property Awards 2014 winners
The Property Awards 2014 rewarded excellence and outstanding performance in the UK property industry - click here for videos from the night including interviews with the winners.
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OnlineWestfield London £1bn extension approved
Westfield’s £1bn mixed-use retail and residential extension to its Westfield London shopping centre has been granted planning consent by Hammersmith and Fulham Council.
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OnlineOrchard Street buys Stockley Park retail Arena
Orchard Street Investment Management has completed on the acquisition of The Arena, Stockley Park for £13.3m at a yield of 6.2%.
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OnlineAdministrations of last five years fail to blight high street
The shops of retailers who crashed into administration in the last five years are now 80% let on the UK high street.
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Online
NAMA sells massive Northern Irish portfolio
Ireland’s National Asset Management Agency has completed the sale of the £4.5bn Project Eagle portfolio of loans to Cerberus Capital Management.
