All Property Week articles in 1 June 2012 – Page 2
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Online
£80m Barnsley business plan set for approval
An initiative to invest £80m in an attempt to boost business in Yorkshire is set to be approved today, TheBusinessDesk.com reported today.
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Online
PWTV: Osborne needs to "face up to the challenge" says Pidgley
George Osborne needs to “face up to the challenge” and “put mortgages in place”, Tony Pidgley told a packed audience at the Movers Shakers Residential breakfast last month.
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Online
The Fragrance Shop to double in size
Perfumery retailer The Fragrance Shop is poised to almost double its store portfolio in the next five years after celebrity endorsed scents from the likes of Justin Bieber resulted in a 23% increase in sales.
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Online
Council rejects Exemplar's Fruit & Wool Exchange plans
Developer Exemplar’s plans to convert the 1920s Fruit and Wool Exchange building in Spitalfields, London, into a 300,000 sq ft office and retail complex have been rejected by the local authority.
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Online
Second Malaysian multinational joins Battersea lead
A second Malaysian company, involved in sustainable property and energy, has joined the SP Setia-led consortium that is preferred bidder to buy and develop Battersea Power Station.
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Online
LandSecs eyes £550m swap deal with Hammerson
Land Securities is weighing an offer to Hammerson to swap shopping centres for London offices.
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Online
US retailer to buy remainder of Clinton
A US group is close to buying the remainder of collapsed retailer Clinton Cards.
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Online
Lloyds sells major Australian loan portfolio
Lloyds Banking Group has sold £809m of Australian corporate real estate loans at a write-down to face value of more than 50%
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Online
Revealed: 67 Fitness First gyms for sale
Fitness First is to sell 67 of its UK gyms and has issued a company voluntary arrangement to landlords in a bid to restructure its remaining leases.
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Online
Government launches SDLT consultation
The government has launched a consultation on its proposal to put an annual charge on properties valued at over £2m owned by “non-natural persons”.
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Online
HMV sells Hammersmith Apollo
London concert venue Hammersmith Apollo has been sold by HMV Group to joint venture operator Stage C for £32m.
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Online
GPE confirms Piccadilly buy
Great Portland Estates this morning confirmed it has bought Railways House and 50 Jermyn Street in London’s West End, as revealed by propertyweek.com yesterday.
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Insight
Diamond Jubilee: 60 years of HRH and property
To celebrate HRH Queen Elizabeth’s 60 year’s on the throne, Property Week has trawled through our archive to bring you images her relationship with the property industry through the year.
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Markets
Shrewsbury in the speculative Vanguard
Morris Property began work last month on a 23,500 sq ft phase of Vanguard Park, which the developer says is Shrewsbury’s only speculative development.
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Professional
Pole star: Richard Walker's Polish venture
In the latest in our monthly 1st Friday series for young property people, Hardeep Sandher talks to Bywater Properties’ Richard Walker about his latest joint venture to invest €75m in Polish retail
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News
Loro Piana’s Sloane range
Italian clothing brand Loro Piana has taken a shop next door to its 48 Sloane Street unit in London to create a 4,500 store.
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News
The Property Lexicon
Merger of equals ˈmƏ:dʒƏ:(r) vˈi:kw lzn. Corporate transaction in which larger company acquires smaller company, all the while trying to convince staff that it is (definitely) not a takeover.Example: Jones Lang LaSalle’s “merger” with King Sturge.
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News
Paddington’s slick letting
Aviva Investors, Avestus Capital Partners and Development Securities have let 26,000 sq ft at London’s Paddington Central to expanding occupier Statoil.
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News
Jones Lang LaSalle's Property Triathlon
Jones Lang LaSalle’s Property Triathlon passed the £1m charity fundraising milestone last week.