All Property Week articles in 1 July 2016 – Page 2
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Second quarter office take-up in Glasgow hits nine-year high
Glasgow saw its best second quarter for office take-up since 2007 this year, according to Knight Frank.
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Property funds: M&G third to suspend trading
M G is the latest property fund to suspend trading in a tumultuous 24 hours for the sector that has seen the Bank of England warn of the danger to the wider economy of funds being forced to sell properties.
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Delph Property Group makes £35m acquisitions in North West
Two development schemes in the North West have been bought by Delph Property Group as the investor seeks to expand its private rented sector portfolio.
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Brexit fears downplayed as Hammerson reveals leasing spree
Hammerson has signed seven leases totalling more than 32,400 sq ft across its UK shopping centre and retail park portfolio.
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Douglas & Gordon instructions treble post-Brexit
London estate agent Douglas Gordon saw instructions treble in the week following the EU referendum – with much of the interest coming from overseas buyers.
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Sugar Dumplin unveils expansion plans
Caribbean restaurant Sugar Dumplin is to open three new sites in 2016 and has said it is on the hunt for permanent premises in central London.
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Coast to Coast coping with Brexit with Cheltenham expansion plan
American restaurant Coast to Coast has signed a 25-year lease with NFU Mutual Insurance Society to open at the Brewery Quarter in Cheltenham.
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Aviva latest to suspend trading in its UK property fund
Aviva Investors has suspended dealing on its £1.8bn property fund, becoming the second asset manager to do so in less than 24 hours.
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Staff reshuffle at Shawbrook after internal merger
Shawbrook Bank has completed a restructuring of its property team after a merger of its commercial and secured lending arms.
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Nadler to open landmark hotel at St John’s Place
Allied London has signed a deal with Nadler to bring the boutique hotel brand to its St John’s development in Manchester.
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Persimmon trading update downplays Brexit uncertainty
Housebuilder Persimmon has sought to address fears about the impact of the EU referendum result on the UK’s housing market in a trading update issued today.
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L&G lets Elmbrook House to A&A Group
Financial services firm A A Group has signed a deal with LGIM Real Assets, part of L G, to let the entirety of Elmbrook House in Sunbury-on-Thames.
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Crawley councillors back town centre regeneration plans
The Arora Group has secured outline planning permission from Crawley Borough Council for a major town centre regeneration scheme.
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LSH says Thames Valley office market well-placed to withstand Brexit fears
Occupier demand in the Thames Valley office market will remain steady despite uncertainty over Brexit, according to Lambert Smith Hampton.
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Real estate stocks and housebuilders take market pummelling
Britain’s top shares fell back from a 10-month high Monday as weaker property and housebuilding stocks weighed on the market and halted its rebound from its Brexit slump.
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St Modwen warns on Brexit uncertainty
St Modwen Properties plans to take a more “cautious” approach following the UK’s vote to leave the EU, it has announced.
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Standard Life suspends trading in UK fund
Standard Life Investments has suspended trading in its UK property fund blaming “exceptional market circumstances” following the EU referendum result.
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Investors pledge £2m to home services platform Plentific
Proptech start-up Plentific has secured £2m of investment from several angel investors and venture capital platform Pi Labs.
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Basque restaurant Sagardi opens first UK branch in Shoreditch
Spanish restaurant chain Sagardi will open its first UK branch in Shoreditch, London.
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Gant to open new Regent Street flagship
American brand Gant has agreed a 10-year lease with The Crown Estate for a new 7,800 sq ft London flagship store on Regent Street.