All Property Week articles in 1 December 2017 – Page 3
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Blend and Westminster sell London office
Blend Property UK and Westminster Real Estate have sold 35 Chiswell Street, a prime freehold central London investment opportunity, to a private investor for £14.85m.
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Haysmacintyre signs at 10 Queen Street Place
Accountancy firm Haysmacintyre is moving to a new headquarters at 10 Queen Street Place, London, taking 25,500 sq ft.
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CC Land poaches Landsec man
CC Land has appointed Justin Black as its head of development for its UK subsidiary.
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GRIF reports falls in NAV and EPS
Ground Rents Income Fund (GRIF) has reported net asset value (NAV) per share nudged down during the year to 30 September 2017.
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WEEK AHEAD: Berkeley set to reveal interim figures
The market will get the latest on the state of the high-end housing market on Friday as Berkeley group reveals its interim numbers.
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Japanese beef up their appetite for UK real estate
Recently, in the same week that Japan’s biggest bank, Mitsubishi UFJ Financial, announced it was creating 180 new investment banking jobs in London in the hope of boosting income outside Japan, Westfield revealed its plans to open Europe’s largest Japanese food hall at its west London shopping centre.
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CIT & UCP acquire Network Rail's Vinegar Yard
CIT and Union Car Parks (UCP) have completed the joint acquisition of a former 0.6 acre car park site on St Thomas Street in London Bridge from Network Rail.
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Blizzard comes to Brussels with new WTC Hague HQ
Bouwinvest has signed the gaming company behind World of Warcraft, Blizzard Entertainment, as a new headline tenant for its World Trade Centre offices in The Hague.
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BNP REIM drives off with Fiat Frankfurt HQ
BNP Paribas REIM Luxembourg’s NEIF II Fund has acquired the German headquarters of Fiat Chrysler Automobiles in Frankfurt from the German developer Lang Cie.
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RBS to shut 25% of branches
Royal Bank of Scotland has announced plans to close 259 branches nationwide in a move prompted by increasing customer numbers switching to online banking.
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Green light for Croydon to house largest-ever modular tower
Tide Construction has gained planning permission for two residential towers in Croydon – which will be the largest built using modular construction.
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Mayor takes control of London Stadium after investigation
London Mayor Sadiq Khan has agreed a deal to take control of the former London Olympic Stadium after revealing the findings of an independent review of its transformation into a football stadium.
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Firmdale firms up finances with £120m Hermes loan
Hermes Investment Management has completed a seven-year, £120m loan to Firmdale Holdings to refinance its Ham Yard Hotel in Soho.
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Cromwell Property Group raises €865.7m for IPO
Cromwell Property Group has raised €865.7m (£763m) for the flotation of the Cromwell European Real Estate Investment Trust (CEREIT) which has debuted on the Singapore Exchange Securities Trading Limited (SGX-ST).
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Female first for Manchester with Footasylum Women’s signing
Sportswear retailer Footasylum has chosen Manchester Arndale as the first North West location to open its concept store Footasylum Women’s.
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Triple Point makes quadruple acquisition of supported housing
Triple Point Social Housing REIT has acquired 52 units of supported housing across four properties in Merseyside, Lancashire and Brighton for a total of £10.4m.
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Tritax refinances with debut £500m unsecured notes and new £350m facility
Tritax Big Box REIT has confirmed plans for a debut issue of £500m in senior unsecured notes and a new £350m unsecured revolving credit facility.
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FTSE falls for second straight day
The FTSE 100 fell for the second day in a row on Thursday as the pound hit a two month high off the back of further hopes of progress in Brexit talks.
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Principal expands European base with Internos acquistion
Principal Global Investors (PGI) is expanding its European real estate investment reach with the acquisition of Internos.
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Insight
Black Friday? More like Black November
Don’t you just hanker for the days when you panic bought your Christmas presents at full price with just hours to spare and then offered them up nervously on the big day in the full knowledge they would be returned on Boxing Day and re-bought at half price or just ...