All Property Week articles in 08 November 2013 – Page 2
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MAPIC 2013: Royal London buys London Odeon cinemas
Royal London Mutual Insurance Society has bought the Odeon cinemas in Richmond Hill and Richmond Studio for £12.14m. The deal reflected a yield of 4.75%.
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Green light for 50,000 sq ft Earlsfield HQ
Planning permission has been granted for a new headquarters for security firm Banham in south-west London.
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Safestore sells Whitechapel site for more than £40m
Safestore has sold its 3.5 acre Whitechapel site to London Quadrant for £41.1m.
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Sainsbury’s expects £92m hit on property sales
Sainsbury’s supermarket is planning a £92m write-down of sites where it no longer plans to build stores.
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MAPIC 2013: PWTV Westfield talks London expansion and the European push
Westfield’s plans for its London developments are ramping up as the Australian developer seeks to capitalise on the city’s dominant retail market.
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MAPIC 2013: Land Secs and the Crown unveil Westgate plans
Land Securities and the Crown Estate have revealed images of the new Westgate shopping centre in Oxford.
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Receivers hire agents to sell €250m Dublin scheme
Savills and Jones Lang LaSalle are to sell the Central Park development site in Dublin on the joint instructions of William O’Riordan and Declan McDonald joint receivers of Devano Developments.
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Hammersmith town hall redevelopment gets green light
Grainger and Helical Bar’s plans for a £150m redevelopment of Hammersmith town hall were approved last night.
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MAPIC 2013: First images of Buchanan Galleries unveiled
Land Securities and Henderson Global Investors have unveiled their plans for the Buchanan Galleries shopping centre in Glasgow.
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MAPIC 2013: Turkey to lead the way in retail development
Turkey is expected to lead the way in the creation of shopping centre space, a report by DTZ suggests.
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MAPIC 2013: Primark, H&M, Zara and Apple are key to secondary success
Retailers such as Primark, Apple and Zara are vital to the success of secondary shopping centres, research by CBRE suggests.
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Agents instructed to market £120m Thames-side Ofcom HQ
IVG ImmobilienFonds, the fund management arm of German property company IVG, is putting up for sale South Bank landmark Riverside House, the headquarters of communications watchdog Ofcom.
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CBRE acquires £250m UK firm
CBRE has entered into a definitive agreement to acquire Norland Managed Services for £250m.
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Derwent London nears £100m of new deals
Derwent London has bought 19 Charterhouse Street in Clerkenwell for £39.25m, and has another £60m property under offer.
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British Land reports 4.5% NAV jump
British Land reported a 4.5% rise in its net asset value in its half year results to 30 September.
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Planners unveil "alternative" vision for London
London needs an extra 270 hectares of new development by 2020 to meet housing need – the equivalent of 30 new Shards a year, a report claims.
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MAPIC 2013: McArthurGlen to double UK scheme
Designer outlet developer McArthurGlen is planning to double the size of UK development, Ashford Designer Outlet.
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MAPIC 2013: Hong Kong retains crown for most expensive retail street as Bond Street climbs
Hong Kong’s Causeway Bay has retained the crown for being the most expensive retail destination in the world, while London’s Bond Street has climbed to fourth place.
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MAPIC 2013: East Oxford Street tempts overseas retailers
The redevelopment of Oxford Street East could result in a 42% increase in take-up from international retailers, and a boost in rents, Savills has predicted.
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Aprirose seeks £40m for Welsh govt office
Aprirose is selling Crickhowell House, an office block home to the Welsh government, for around £40m.