All Property Week articles in 1 April 2016 – Page 2
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OnlineKier to build spec shed scheme in Basingstoke
Kier Property has bought a six-acre site in Basingstoke with plans to develop a 108,000 sq ft speculative industrial scheme.
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Online
Fund snaps up leading retail parks in Northern Ireland
Tristan Capital Partners has completed the acquisition of two of Northern Ireland’s largest retail parks for €55m(£44m).
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OnlineBlackstone appoints former Morgan Stanley banker to head Asia-Pacific
Blackstone Group, the US private equity giant, has named Christopher Heady as chairman of its Asia-Pacific businesses, promoting a 16-year veteran banker who played a key role in expanding the group’s real estate business in the region.
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OnlinePlanners settle 22 Bishopsgate rights of light dispute
The development of a 1.4m sq ft tower on the former Pinnacle site in the City of London will go-ahead after the City Corporation voted in favour of invoking a rights of light settlement.
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OnlineRetailer reshuffle at Frenchgate Shopping Centre
Frenchgate Limited Partnership has struck a series of deals at Frenchgate Shopping Centre in Doncaster.
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OnlineIM Properties sells £200m industrial portfolio
Malaysian Employees Provident Fund (EPF) has bought a £200m portfolio of industrial assets from IM Properties, in one of the biggest portfolio sales to land this year.
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OnlineUnion creates Boston footprint becoming Converse landlords
A German investment fund has paid $150m (£105.5m) for the building that houses shoe-manufacturer Converse’s headquarters in Boston.
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OnlineKitchen La Frenais Morgan partner to retire
Nick Morgan, founding partner at retail property consultancy Kitchen La Frenais Morgan, is to retire from the business after 26 years.
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OnlineCain Hoy buys Mayfair property with royal associations
Cain Hoy Enterprises has completed the purchase of a five-storey mixed-use building at 19 South Audley Street in London’s Mayfair for about £80m.
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OnlineGreen light for next phase at Advanced Manufacturing Park
Harworth Estates has secured planning permission for the next phase of Advanced Manufacturing Park in Waverley.
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OnlineGrosvenor announces string of senior management changes
Peter Vernon is to leave his role as chief executive of Grosvenor Britain Ireland to take up a new role as group executive director of Grosvenor Group.
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OnlineAshbyCapital funds U+I's Brunel Place project
AshbyCapital has agreed to fund the first phase of U+I’s Brunel Place project, the latest part of the £450m regeneration of Slough.
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OnlineSteady growth for F&C as NAV rises 15.9% in 2015
F C Commercial Property Trust has reported steady growth, as it prepares the business for a change in the cycle from capital returns to income returns.
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Online
McKay sells two assets for £12m
McKay Securities, office and industrial REIT, has completed the sale of the McKay Trading Estate in Bicester and Bartley House in Hook for £11.66m.
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OnlineGovernment must consult legal sector on Land Registry sale
The announcement the evening before the Easter break that the government intends to press ahead with Land Registry privatisation is unlikely to be met with favour by the legal property sector.
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OnlineEastbourne shopping centre sold for £19m
Schroders Columbus Fund and London Associated Properties have sold The Langney Centre in Eastbourne to Tyburn Lane Private Equity and Vale Retail for £19m.
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OnlineSirius shares leap on news of major refinance
Shares in Sirius Real Estate surged 5.7% on Monday after the UK-listed investor in German real estate said it was in advanced negotiations on a €137m refinancing on more favourable terms.
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OnlineSavills' staff enjoy bonus bonanza as profits rise
Savills’ staff have enjoyed a bumper payday sharing a bonus pool of £345.3m in 2015 - up by a third on the prior year.
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OnlineEdmond de Rothschild Group buys Cleaveland
French real estate investment management firm Cleaveland has been bought by the Edmond de Rothschild Group.
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OnlineCapital & Regional buys Hemel Hempstead retail parade
Capital Regional has bought a retail parade in Hemel Hempstead from M G Real Estate for £10.5m.
