All Property Week articles in 04 July 2014 – Page 3
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Online
US buyer for FCA Canary Wharf HQ
US private equity firm Blackstone has placed the Financial Conduct Authority’s Canary Wharf headquarters under offer around £165m.
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Online
Govt announces £6bn growth fund allocations
The government has announced the first instalments of its £12bn ‘growth deals’ in a bid to revitalise the UK’s regional markets.
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Online
Hammerson hires Quintain leasing head
Hammerson has appointed former Quintain leasing manager Nidae Abbas as its new head of development leasing.
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Online
Bella Italia to double UK presence
Italian restaurant chain Bella Italia is to more than double its UK presence by opening 100 new restaurants in the next five years.
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Online
M&G Real Estate signs first PRS forward funding deal
M G Real Estate has confirmed its first private rented sector forward funding deal in partnership with Hub Residential in north Acton.
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Online
BlackRock makes second close on £250m long lease fund
BlackRock has made the second close of its long lease property fund having invested £250m in 20 long lease property assets since its first close in June 2013.
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Online
Clipstone plans £150m float
Property management and investment fund Clipstone Land has announced its intention to raise £150m on the London Stock Exchange through a new company called Clipstone Logistics.
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Online
Segro sells £66.2m Brussels business park
Segro has sold Brussels business park Pegasus Park to Ares Management for £66.2m, a yield of around 9%.
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Online
Government announces £6bn growth fund allocations
The government has announced the first instalments of its £12bn ‘growth deals’ in a bid to revitalise the UK’s regional markets.
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Online
Aviva plans 415,000 sq ft City office
Aviva Life and Pensions UK has submitted a planning application for a 17-storey 415,000 sq ft office opposite Land Securities’ Walkie Talkie in the City of London.
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Online
Cargiant revs up plans for 45 acre redevelopment
The world’s largest used car dealership Cargiant has confirmed plans are being drawn up for the comprehensive redevelopment of its 45 acre land holdings in north west London.
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Online
Savills retail duo join CBRE Ireland
CBRE Ireland has appointed two senior directors to its retail team in Dublin.
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Online
Carlyle completes £300m Alban Gate sale
The Carlyle Group has completed the sale of the Alban Gate office building in the City of London, to Blackstone for £300m, reflecting a yield of 6%, and marking its fourth exit from the White Tower portfolio.
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Online
Aprirose bets £55.5m on the ‘home of London poker’
The Grosvenor Victoria Casino, dubbed the ‘spiritual home of London’s poker scene’, has been bought for £55.5m by Aprirose Investors at a yield of 4.75%.
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Online
Topland backs residential developer with £200m war chest
Topland Group has agreed a £200m London residential joint venture with residential and planning gain specialist London Green.
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Online
Newcore enters residential development funding
Newcore Capital Management has launched a new business providing equity for residential development in London and the south of England.
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Markets
Value in the north
When Scottish Widows Investment Partnership Property Trust (SWIPPT) and Centurion Properties teamed up on a £500m joint venture to buy multi-let industrial estates, the North West was an obvious target for investment.
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Markets
Shell picks non-motorway site
Construction work has begun on a new eight-pump petrol station for Shell on the A11 at Barton Mills in Suffolk.
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News
Retailer’s shed space Maxx’d out
Discount fashion chain TK Maxx launches search for new 500,000 sq ft West Yorkshire distribution centre
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News
St Modwen profits shadow market rise
Urban regeneration specialist St Modwen has revealed a 32% rise in pre-tax profits and an increase in shareholder equity.