All Property Week articles in 1 November 2019 – Page 3
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Mimecast takes 79,000 sq ft at Broadgate HQ
Mimecast has announced it will open its new 79,000 sq ft UK headquarters in One Finsbury Avenue at Broadgate.
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VANGRATH acquires Victoria House in Belfast for £12.5m
VANRATH has bought Victoria House in Belfast city centre from Aviva for £12.5m for its own occupation.
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IWG shows benefit of franchise strategy as revenue grows
Serviced office specialist and WeWork rival IWG has posted a 13.2% rise in third-quarter revenue amid a strong performance in the Americas and Europe.
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Warehouse REIT posts revenue growth for half-year
Warehouse REIT has posted a near doubling in operating profit 27% rise in revenue to £13.6m for the six months to the end of September.
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Watkin Jones forecasts robust full-year figures
Watkin Jones, the student accommodation and build-to-rent (BTR) group, has posted a trading update ahead of its annual results in mid-January.
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Take-up in Big 9 falls to 2016 levels
Take-up in offices in the big nine cities in the UK’s regions so far this year has fallen to levels lower than those last seen in 2016, according to a new report by Avison Young.
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Cerberus sells Quorum Business Park
Promontoria, a subsidiary of US private equity giant Cerberus Capital Management, has sold Quorum Business Park in the North East of England to Shelborn for £32m, representing a net initial yield of 11%.
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Fuller's acquires Cotswold Inns & Hotels for £40m
Fuller’s has bought Cotswold Inns Hotels for £40m.
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Intu sells Waterfront Business Park for £15m
Intu has sold a business park next to its Merry Hill shopping centre to Bridges Fund Management for £15.5m.
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Coyote Software enters Germany
UK-based proptech platform Coyote Software is expanding its client base into Germany with the signing of its first client there.
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Apollo Management International pre-lets three floors at 1 Soho Place
Derwent London has pre-let a further three floors of 1 Soho Place in the West End to Apollo Management International, an affiliate of Apollo Global Management.
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Hubbard to retire from CBRE after 40 years
Stephen Hubbard has decided to retire as UK chairman of CBRE UK at the end of this year.
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Delin Property refinances five UK logistics assets via £50m loan from Lloyds
Delin Property has completed the refinancing of a portfolio of five UK logistics assets, with Lloyds Bank Commercial Banking having agreed a £50.2m loan.
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Rettie & Co hires Sandy Gilmour as an associate director
Rettie Co has hired Sandy Gilmour as an associate director in the firm’s land and development team.
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Aviva Investors and Public Sector Pension Investment board to put £250m into commercial property in Cambridge
Aviva Investors and Canada’s Public Sector Pension (PSP) Investment board have agreed to invest up to £250m in commercial property in Cambridge.
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Vote now for the best deal, person or scheme of the past 10 years
The nominations are in. We will reveal the winners next week in the final issue of the decade. So get voting!
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Mothercare’s UK retail business collapses
Mothercare’s UK high street business has collapsed into administration in a move that puts 79 stores at risk of closure.
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Homes England invests £30m into ilke Homes to spur modular development in the North
Homes England is investing £30m into ilke Homes as the government looks to support modern methods of construction (MMC) as part of its bid to provide more homes quickly.
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IWG agrees to sell Swiss assets in latest franchise deal
Co-working and workspace group IWG has agreed a deal with the J Safra Group and the P Peress Group on a strategic partnership in Switzerland.
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Green in talks to refinance flagship Oxford Street store
Sir Philip Green is attempting to raise more than £300m before Christmas as the deadline to repay a loan against Topshop’s flagship store on London’s Oxford Street looms.