All Property Week articles in 04 October 2013 – Page 3
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Online
Lone Star appoints receiver over giant regional portfolio
One of the biggest regional portfolios bought at the top of the market has been put into receivership.
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OnlineLaw firm appoints global head of real estate
Hogan Lovells has appointed London real estate partner Jackie Newstead to serve as global head of real estate.
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OnlineGVA appoints City investment director
GVA has appointed Oliver Slack (pictured) as director of City investment with a mandate to strengthen the commercial agent’s presence in the square mile.
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Online
Renshaw Bay wins £350m debt mandate
Renshaw Bay has won a £350m commercial real estate debt mandate from life insurer Guardian Financial Services.
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OnlineGVA agrees Scottish merger
GVA has acquired Glasgow-based property consultants James Barr for an undisclosed sum in a deal which sees GVA break into Scotland’s top three property advisories.
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OnlinePrisk out of housing brief in reshuffle
Mark Prisk has been asked to step down from his position as housing minister, as David Cameron continues to reshuffle his team this afternoon.
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OnlineCordea Savills buys £40m Kensington office block
Mountgrange Real Estate Opportunity Fund has sold the Warwick Building in Kensington, London, to Cordea Savills for £40.1m.
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OnlineM&G buys £38m Bournemouth student blocks
M G Investments has acquired three prime student accommodation blocks in Bournemouth for £38.05m from Spectrum Housing Group.
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OnlineEnterprise Zones to get £100m boost
Enterprise zones will be able to bid for a slice of £100m of government money to clear land and create infrastructure.
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OnlineEXPO 2013: Investment in Ireland reaches €1.09bn in 2013
Investment turnover in Ireland has more than quadrupled in the last quarter compared to the same time last year, highlighting increasing confidence in the market.
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OnlineLargest office to be built in Belfast since 2009
Consent has been granted for the first phase of development at City Quays.
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OnlineIntu buys 800,000 sq ft mall and plans new REIT
Intu Properties and Canada Pension Plan Investment Board are together buying Parque Principado Shopping Centre in Oviedo, Spain, for €141.5m, as part of a wider plan to increase its investment in Spain, including exploring the creation of a Spanish REIT.
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OnlineMCC and Almacantar reach agreement over Lord's
Marylebone Cricket Club has today announced that it has reached an financial agreement with Almacantar after the company’s plans for the redevelopment for Lord’s were rejected in 2011.
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OnlineSheffield City Council reveals revised plan for New Retail Quarter
Sheffield City Council said today that it had been approached by several companies regarding the city’s emerging New Retail Quarter, after Hammerson pulled out of the scheme earlier this year.
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OnlineTravelodge seeks council partnerships
Travelodge has written to 124 local councils across Great Britain to strike partnership deals.
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OnlineCala delivers record profits for Patron and L&G
Upmarket house builder Cala Group has announced a 37% increase in profits and a slight dip in revenues in its first full-year results since being taken over by Patron Capital Partners and Legal General Property.
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OnlineIntu buys 800,000 sq ft Spanish mall and plans new REIT
Intu Properties and Canada Pension Plan Investment Board are together buying Parque Principado Shopping Centre in Oviedo, Spain, for €141.5m, as part of a wider plan to increase its investment in Spain, including exploring the creation of a Spanish REIT.
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Online
New real estate head for AXA UK
Deborah Parker has joined AXA UK’s operations team as group property director.
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OnlineAvenue Capital buys £90m Opal portfolio
Avenue Capital has bought an 1,800-bed Opal portfolio for a price understood to be between £80-90m, as it seeks to establish a platform in the UK student market.
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OnlineMORNING AFTER: Regus centre opening
Regus held a drinks reception in Piccadilly on Thursday evening.
