All Property Week articles in 1 July 2016 – Page 4
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News
The Crown Estate puts the brakes on after exceptional year
The Crown Estate has put its two outstanding development projects in London’s West End under review following Brexit as the business sees the value of its property portfolio hit a record £12bn.
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Professional
The government’s business rate devolution reforms raise more questions than answers
The government’s plans to fully devolve business rate collection and retention to local authorities, announced in autumn last year, contain more holes than a slab of freshly pasteurised Swiss cheese and could cause the most almighty stink if implemented in their current form.
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Insight
Rocking the house: Howard Crocker interview
Taking an unconventional approach to residential property investment has paid off for the Crocker brothers at Delph Property Group.
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Markets
Manchester becomes first regional stop for relocating businesses
Manchester’s city centre office market is thriving, as it benefits from the ‘northshoring’ trend.
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News
Canmoor swoops on top Liverpool office
A landmark Liverpool office building which counts Liverpool Football Club as one of its tenants has changed hands for around £20m.
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Markets
What has stimulated the growth of the self-storage sector?
UK self-storage operators have never had it so good.
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News
Former Met Police homes in London sold
Dolphin Living has snapped up 75 London homes from the Metropolitan Police for £17.5m.
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Markets
Salford’s MediaCityUK is primed for the next stage in its evolution
MediaCityUK has been hailed as a shining light for the north, and it may soon shine brighter.
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Professional
Forthcoming law expected to introduce a new corporate vehicle
Following on from the failed attempt to implement widespread changes to partnership law in 2003, the government recently consulted on changes to partnership legislation aimed at improving competition in the private fund industry while removing unnecessary legal complexity and administrative burdens.
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Markets
Chester looks to make its mark by enticing large-scale investors
Chester is a city that has fallen under the radar, dwarfed by its larger investment-grabbing neighbours but the city centre is set for a revamp, fuelled by a new plan to attract investors.
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News
New Savills report tracks build costs
Savills has launched a quarterly research report aimed at tracking the cost and timescale trends associated with new development and fit-out across property sectors and regions.
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News
Colliers appointed retail agent for Leadenhall Market
The City of London Corporation has appointed Colliers International its retail and leisure agent for Leadenhall Market.
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News
Global investors forecast shift to US and Asia after vote
Hours after the UK’s vote to leave the EU was revealed, global investors gathered at an international real estate conference in London, expressed their shock at the referendum result and predicted investors would now look elsewhere.
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News
LCP grows its retail portfolio with Blossom acquisition
London Cambridge Properties (LCP) has boosted its retail portfolio with the acquisition of 100 retail units across England for £23.4m.
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Markets
Manchester's property recovery: 20 years after the bomb
Ask any Mancunian where they were on the day the Provisional IRA detonated a truck bomb in the heart of the city on 15 June 1996, and they will no doubt have a story to tell.
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News
London office values could fall 10% as Brexit bites
The value of London office property is expected to fall by about 10% following the UK’s decision to leave the EU - and could slump even further.
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Information
Property Week Digital Edition - 1 July 2016
Brexit reaction – Howard Crocker interview – Manchester regeneration – Self-storage focus
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News
The Brexit shock: in numbers
Close to £15bn was wiped off the value of UK listed real estate firms and housebuilders over the first two days of trading following the UK’s shock vote to leave the EU.
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Insight
Brexit is another nail in the coffin for the long-term lease
Brexit will speed up the demise of the traditional long lease and increase demand for flexible office space.
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Online
My Local goes into administration
Convenience store chain My Local has been put into administration.