All Property Week articles in 1 March 2019 – Page 2
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GLP secures €300m development and term facility
Logistics facilities provider GLP has secured a 7-year, €300m (£258m) pan-European development and term facility from RBC Real Estate Capital Partners (RECP) for its European fund.
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Yeo Valley to launch first London café in Queensway
Organic dairy producer Yeo Valley is opening its first London café this May in Queensway.
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Pluto agrees £35m loan for 216-unit Ashford scheme
Pluto Finance has agreed a £35m stretch senior residential loan to Elevate Property Group for a new 216-unit apartment scheme in Ashford, Kent.
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Intu Lakeside gets £10m makeover ahead of leisure extension launch
Intu Lakeside will get a multi-million-pound makeover in time for the launch of its £72 million leisure-led expansion.
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Caddick revenue passes £200m for first time
Caddick Group, the Yorkshire-based family-run construction and property development business, has reported a record turnover of £226m in its annual report for the year to 31 August 2018, with pre-tax profits up 37.5% to £11m.
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Tritax posts strong 2018 figures
Tritax Big Box REIT has posted a 7.4% rise in net asset value (NAV) and a 27.9% rise in rental revenue in its annual figures for 2018.
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Target Healthcare shares remain flat despite earnings rise
Target Healthcare REIT saw its share price rise just 0.2% to 115.75p following its results on Tuesday, which revealed a 22.1% jump in earnings for the six months to the end of December.
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NAV at Secure Income rises in 2018
Secure Income REIT has posted an 8.1% rise in net asset value (NAV) alongside an identical rise in earnings per share (EPS) in its annual figures for 2018.
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IWG reveals further UK closures as profit falls
Serviced office group IWG is set to close some locations in underperforming markets, including in the UK, to bring its performance back on track, after reporting a fall annual pre-tax profit.
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London tops Knight Frank's City Wealth Index 2019
London has regained its position as the most attractive city for ultra-high-net-worth individuals (UHNWI) according to Knight Frank’s 2019 Wealth Report.
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Edinburgh’s office rental growth surpassed London and other European capitals in 2018
Rental growth in Edinburgh outpaced a number of European capitals in 2018 and is set to grow by 2.9% this year, according to Knight Frank’s new Global Outlook report.
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BizSpace signs deals for five new locations
BizSpace has acquired five new centres around the UK for £40m.
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Blackfriars Crown Court hits the market for £45m
Her Majesty’s Courts and Tribunals Service is selling Blackfriars Crown Court for more than £45m.
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Qatari Diar ‘confident in London’ as Chelsea Barracks contractor appointed
Qatari Diar Europe has reaffirmed its commitment to the London luxury market as it appointed a contractor for the fourth phase of its Chelsea Barracks development.
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Drooms tool promises to boost real estate asset manager efficiency
A new digital platform for real estate asset managers aims to boost their efficiency in administering their buildings.
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Notting Hill serviced apartment building sells for £25m
A Notting Hill serviced apartment building has sold for £25m reflecting an initial yield of 2.8% - a record for trading serviced apartments.
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Stanhope and AFIAA launch Gresham St Paul's
Stanhope and the Swiss Investment Foundation AFIAA have launched a new City office building, Gresham St Paul’s, at 40 Gresham street.
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Watkin Jones buys Woking site for resi development
Watkins Jones has secured a site in Woking to develop 350 build-to-rent apartments.
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Planning permission granted for Mayor's first Small Sites, Small Builders programme
Barnet Council has granted planning permission for 97 new homes at Beechwood Avenue, the first project in the Mayor of London’s Small Sites, Small Builders programme.
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40 Spring Gardens fully let after Aldermore Bank doubles space
Manchester office building 40 Spring Gardens is fully let after Aldermore Bank signed 10-year lease for the remaining two floors.