All Property Week articles in 1 November 2019
View all stories from this issue.
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Online
Sale and leaseback transactions account for 11% of retail transactions in Europe
Sale and leaseback (SLB) transactions account for more than 11% of this year’s retail transactions in Europe, according to data by Savills.
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Galliard and Apsley House win planning for £125m Brum scheme
Galliard Homes and Apsley House Capital have gained planning permission to transform the four-acre AE Harris industrial site in the Jewellery Quarter into a £125m residential-led, mixed-use scheme.
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Mapp hires Illingworth to lead regional portfolio management team
Property management firm MAPP has appointed Debbie Illingworth as an executive director to lead the regional portfolio management team and the office in Manchester.
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Picton completes £18.2m Croydon office sale
Picton has completed the sale of an office building in Croydon for £18.2m.
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Hines makes trio of appointments
Hines has made a trio of appointments to its UK asset management, development and finance teams.
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McCarthy & Stone set to raise £300m for rental strategy
McCarthy Stone is looking to raise about £300m for a fund that will invest in its growing portfolio of rented retirement flats.
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Proptech firm Reonomy raises £47m to expand machine learning
Commercial property data platform Reonomy has raised $60m (£47m) in a round of funding that it plans to use to expand its machine learning capabilities.
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Property industry’s proptech transformation remains slow going, says KPMG survey
The real estate industry is making slow progress in adopting enterprise-wide proptech strategies, according to the findings of KPMG’s third PropTech report.
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Altus Group to launch ARGUS API for seamless data integration
Property software company Altus Group is launching a service that will allow data from their cloud-based ARGUS ecosystem to be fed into its customers’ third party applications.
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All-Stars align: PWMA 2019 winners revealed
Last night the property management industry gathered at Grosvenor House, London for The Property Week Management All-Stars.
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Tony McCurley joins Deloitte family office group
Industry heavyweight Tony McCurley has joined Deloitte Real Estate’s family office group, where he will advise clients on the central London property market.
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CBRE sees 12.6% revenue bump in Q3
CBRE Group today announced that its Q3 results show the firm’s quarterly revenue rising 12.6% on the same quarter last year.
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Closing Dundee Michelin plant to be turned into £60m innovation centre
The city of Dundee will see £60m of funding poured into its closing Michelin tyre plant to turn it into an innovation centre.
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WeWork tells EMEA staff to expect redundancies
WeWork has told its workforce in EMEA today that the company will expect to make an unspecified number of redundancies over the coming months.
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Seaton Place Limited acquires JTC House in Jersey for £41m
Seaton Place Limited has acquired 27/28 Esplanade in St Helier for £41m, reflecting a net initial yield just above 6%.
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Leeds sees 10% bump in office take-up in Q3
Leeds saw a 10% bump in office lettings in the third quarter of 2019 compared to the same quarter last year, according to new data from Colliers International.
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Plans submitted for £100m Cavendish Square retail and healthcare regeneration
Plans for a £100m redevelopment of London’s Cavendish Square have been submitted to Westminster City Council.
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London rises in ranking for European real estate investment
In PwC and Urban Land Institute’s annual report on emerging trends in real estate in Europe, London has risen to the fourth most attractive city for real estate investment in 2020.
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KKR and Excem Real Estate launch pan-European hostel platform
Global investment firm KKR and Excem Real Estate have entered into a joint venture to build a pan-European hostels platform, starting with a portfolio of five hostels across the Iberian Peninsula.
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Former Healey & Baker and Cushman & Wakefield Partner Brian East Dies at 66
Former Healey Baker and Cushman Wakefield retail partner Brian East passed away recently at the age of 66.