All Property Week articles in 06 May 2011 – Page 5
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MarketsWorcester nets £17.85m of regional growth funding
Local employment opportunities given a lift with new business park
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News
Victoria block on sale at £150m
An office and retail block in London’s Victoria is about to come to the market at a price of more than £150m
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News
Blackstone agrees £137m bid for Valad
Chief executive says sale will “maximise shareholders’ value”
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MarketsKraft’s departure increases Cheltenham vacancy by 12%
Market conditions “challenging” as food giant exits Cheltenham
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MarketsNewark urban extension edges forward after 11-year wait
Longstanding plans by Catesby Property Group for an urban extension to the south of Newark in the east Midlands are edging closer to fruition after the site was formally included in the town’s growth strategy
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News
F&C Reit sells 1,000 flats at Kolkata’s Eden City
F C Reit Asset Management’s Indian residential joint venture has sold the 1,000th flat at its Eden City development in Kolkata
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OnlineCapital & Counties to raise £101m for Covent Garden expansion
Capital Counties is raising more than £100m through a placing to invest in the expansion and improvement of its Covent Garden estate.
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OnlinePublic consulted on Sea Containers revamp
The owner of Sea Containers House on London’s South Bank has begun a public consultation on its proposals to refurbish the building, ahead of submitting a planning application in the summer.
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OnlineFocus DIY to appoint administrators
Focus DIY has filed an intention to appoint administrators following a credit default.
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OnlineLondon office development doubles in six months
London has experienced its first rise in office construction for three years, according to the Drivers Jonas Deloitte Crane Survey.
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OnlineCanadians lead race for £415m Green Park
Canadian giant Oxford Properties is the front runner to buy Prupim’s 180 acre Green Park.
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OnlineProperty consortium bids for car dealership Lookers
A consortium of property investors, led by Jack Petchey, has confirmed it made a takeover approach for car dealership and parts supplier Lookers but has been refused access to its target’s books.
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OnlineSavills teams up with tenant rep giant CresaPartners
Savills has formed a strategic alliance with CresaPartners, North America’s largest specialised tenant representation firm.
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OnlineAdministrators reappointed at Glenkerrin
Receivers were reappointed to Irish assets owned by property company Glenkerrin after the company was unable to pay back €650m of loans to Nama
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Online
Quintain hires investment banker Max James for Wembley City
Max James, an experienced real estate investment banker, has joined Quintain to work on its biggest development, Wembley City.
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OnlineGE Capital appoints Lennart Sten as European real estate head
Lennart Sten, a 13-year veteran of GE Capital, has been appointed president of the firm’s European real estate arm.
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Online
Job Advice - Polish Your CV
Times are tough in the property sector and with fewer job vacancies competition is high for jobseekers. Spend more time refining your CV to get noticed, says the Hays Construction regional manager who offers some valuable tips
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Online
Grainger confirms Lloyds resi deal
Listed residential landlord Grainger has confirmed its selection as the preferred supplier to asset manage Lloyds Banking Group’s residential properties that are in distress, as tipped by Property Week (03.02.11) .
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OnlineGVA to buy Humberts Leisure
GVA has exchanged contracts to acquire hotel and leisure specialist Humberts Leisure.
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OnlineRCGP begins £22m refurbishment of 30 Euston Square
The Royal College of General Practitioners has started a £22m refurbishment of its 100,000 sq ft headquarters at 30 Euston Square.
