All Property Week articles in 1 March 2013 – Page 4
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OnlinePickles signs off £5.5bn Peel scheme despite Unesco threat
Peel Holdings’ plans for a £5.5bn scheme called Liverpool Waters in the city’s docks have been approved in the face of Unesco warnings about the scheme’s wider impact on the city’s heritage.
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OnlineCBRE in debt refinancing talks
CBRE is talking to its lenders about refinancing its debt and amending its credit agreement.
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OnlineVacant former Propinvest site in Farringdon up for sale
A 41,961 sq ft vacant block in Farringdon, formerly part of Glenn Maud’s Gemini Portfolio, is to be put up for sale.
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OnlineCLS Holdings NAV shoots up after Vauxhall successes
Developer and investor CLS Holdings has today reported a significant rise in its net asset value, driven by a combination of a strong balance sheet and the revaluation of its largest schemes, in London’s Vauxhall.
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OnlineBlackstone hires team for Chiswick Park speculative start
Blackstone has appointed Lend Lease as contractor and Stanhope as development manager to start the development of Building 7 at Chiswick Park, after shelving plans for an £800m sale of the office scheme.
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OnlineJLL poaches Cushman's head of hotels in Russia
Jones Lang LaSalle has poached Cushman Wakefield’s David Jenkins to take on the role of head of hotels and hospitality across Russia and the Commonwealth Oof Independent States.
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OnlineElephant and Castle scheme wins approval
Plans for the £1.5bn regeneration of the Heygate Estate in Elephant and Castle have been approved by the mayor of London.
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OnlineSavills defers bonuses to avoid top tax rate
Savills will enable its top staff to defer their bonuses until the start of the next tax year in order to avoid the 50% top rate of tax which is set to be abolished.
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OnlineFormer RREEF head to run $2bn European fund
Beny Steinmetz Group Real Estate has launched a new $2bn European-focused fund and has recruited the former global head of RREEF to lead the venture.
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OnlineSigma starts third phase of £100m Liverpool scheme
Sigma has started work on the third phase of its £100m Norris Green development in Liverpool and signed a second joint venture to speed up delivery of the project.
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OnlineLXB launches £25m share buyback
LXB Properties has announced its intention to launch a share buyback programme of up to £25m.
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OnlineFormer global head of RREEF to run new $2bn European investment platform
Beny Steinmetz Group Real Estate has launched a new $2bn European-focused investment platform and has recruited the former global head of RREEF to lead the venture.
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NewsFamous retailer wins crucial refinancing
The US owners of Toys R Us have agreed a crucial refinancing of a key £405m property loan that was due to mature next month.
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OnlineNational fashion retailer crashes into administration
A national fashion chain crashed into administration this morning adding another 16 stores to the list of retail closures, Property Week can reveal.
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OnlineGazeley secures John Lewis in Milton Keynes
John Lewis Partnership has agreed a deal with Gazeley to develop a 675,000 sq ft shed at Magna Park in Milton Keynes.
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Online
Discount retailer plans new 350,000 sq ft south east depot
Poundland is planning to develop a £40m distribution centre in Essex.
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OnlineCanary Wharf Group acquires Docklands long leasehold interest
Canary Wharf Group has completed the acquisition of the long leasehold interests in 7 Westferry Circus on the Canary Wharf Estate. The group acquired the interest from TIAA-CREF for £46.6m. 7 Westferry Circus is a 179,800 sq ft building on the western perimeter of the Canary Wharf Estate. It provides ...
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OnlineHines completes Westferry deal
Hines has completed the acquisition of 1 Westferry Circus in Docklands.
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OnlineJLL appointed to sell Manchester resi scheme
Jones Lang LaSalle’s residential investment team has been instructed to sell the Skyline Central 2 development.
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OnlineProperty Week Podcast: “Tech” Special with Derwent London
Derwent London leasing chief Celine Thompson and Hatton Real Estate partner Michael Raibin this week joined LBC Radio’s James Max at Property Week studios for a “TMT” special podcast.
