All Property Week articles in 09 March 2012 – Page 9
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Birmingham’s visitor offer is driver of local economy
Birmingham’s booming visitor economy is vital to the growth of the city’s economy, say local businesses. TheBusinessDesk.Com reports today
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Ambassadors show pride in MIPIM role
MIPIM presents a “fantastic opportunity” for the Leeds City Region to build on its positive momentum and attract further investment, ambassadors travelling to the international property conference have said. TheBusinessDesk.com reports
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MIPIM 2012: London top for attracting international retailers
London’s retail market continues to attract the greatest number of international retailers, according to new research from Jones Lang LaSalle.
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MIPIM 2012: Two big prelet deals for German industrial schemes
Two large German industrial developments have secured prelets totalling 42,000 sq m.
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Crest Nicholson posts £27m pretax loss
Housebuilder Crest Nicholson posted a pretax loss of £27m in the year to 31 October, hit by finance costs.
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Wyndham Grand hotel in Chelsea for sale for around £80m
London’s only five star all-suite hotel, The Wyndham Grand overlooking Chelsea Harbour, has been put up for sale for around £80m.
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Invista sells West Brom office for £19.5m
Invista Foundation Property Trust has exchanged contracts to sell its office property let to British Telecommunications in West Bromwich to an undisclosed buyer for £19.5m, reflecting a net initial yield of 5.8%.
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Local Shopping REIT and Schroders to set up convenience retail fund
Local Shopping REIT is believed to joining up with Schroders to launch a £60m fund to buy convenience retail stores.