All Property Week articles in 08 November 2013 – Page 7
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News
Battersea powers out offices
The Malaysian owners of Battersea Power Station have scaled back the office element of the project in favour of retail and residential, in plans that went to public consultation this week.
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News
Bannatyne in Rock sale
A £120m loan to Dragons’ Den investor Duncan Bannatyne’s gym chain is one of the high-profile debt positions in a £6.6bn UK portfolio being sold off by the Irish government.
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Markets
Need to know: why private equity fund Avenue Capital is studying UK
Private equity investor Avenue Capital made a debut splash this autumn with the £90m purchase of the first student housing portfolio of 1,800 beds to come to market from the collapsed Opal Group.
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News
Wetland's au naturel exploits
John Miles, equity partner of the intownand investment departmentat CWM & Partners, wrote inconsternation to Ludgate last week.
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Markets
Only fresh thinking and new partnerships can turn town centres around
Important underlying property and planning obstacles need to be urgently addressed to save British high streets. Greater attention needs to be paid to create the mechanisms by which change can be delivered and sustained.
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Professional
Government to tackle rating appeals backlog
Proposed reforms will aim to weed out unmeritorious claims. Sarah Townsend reports
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Professional
Q+A: Anthony Townsend, Institute for the Future
Tensions between competing visions for the future of cities could undermine coherent urban planning, an influential US researcher has warned.
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Markets
Amenities and customer service are marked as highly as location
Traditional thinking dictates that successful real estate assets are defined by location, location, location.
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News
Birmingham’s cut-price Alpha sale
The former headquarters of Birmingham City Council is up for sale for just 25% of its 2008 value.
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Professional
Segro centre aims to support jobseekers and local businesses
Segro has opened a training centre for local businesses and jobseekers at its Slough Trading Estate in Berkshire.
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Insight
Google must rank community high on agenda
Google has torn up its existing designs for its new London headquarters at King’s Cross, and challenged its design team to come up with something “even more ambitious”.
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Markets
Retail schemes live to fight on after development partnerships split
Greater financial autonomy for councils keeps schemes viable. Christine Eade reports
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Insight
M&A activity typifies TMT sector in third quarter
The government and property sectors have high hopes for companies in the TMT (telecoms, media and technology) sector as both drivers of economic recovery and the next wave of active occupiers.
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News
Bargain Buys looks to clean up across UK
Discount retailer Poundworld has launched a new format called Bargain Buys to replace its existing multi-price brand Discount UK.
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News
LaSalle and Aareal in Accord for F&C Reit’s Aberdeen buy
LaSalle Investment Management and Aareal Bank have agreed to fund F&C Reit Asset Management’s £189m purchase of the Bon Accord & St Nicholas Shopping Centre in Aberdeen.
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News
Oaktree and M7’s Nordic venture
Oaktree Capital Management and M7 Real Estate have set up a joint venture to invest in secondary industrial property in the Nordic region.
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Markets
Pizza Hut’s £60m revamp is oven ready
Almost exactly a year after private equity investment was agreed, casual dining chain Pizza Hut Restaurants has announced a £60m programme of refurbishment and rebranding.
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News
Union Plaza on sale for £53m
Aberdeen’s primary city centre office block has come onto the market at an asking price of more than £53m — a yield of around 6.5%
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Online
Cash in on your big ideas - win £500!
Last call for entries in this year’s Property Week and CoreNet Global UK’s annual young person’s essay award.
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News
Aviva to launch £400m distressed portfolio sale
Aviva Commercial Finance has put up for sale a £400m distressed property portfolio, as a new wave of banks prepare to shed legacy assets.