All Property Week articles in 1 September 2017 – Page 4
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Moorgarth makes quintet of lettings at Broad Street Mall
Asset manager Moorgarth Group has enhanced its tenant line-up at Broad Street Mall in Reading with more than 8,500 sq ft of lettings.
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Norges ups Air Street holding to half with £112.5m Crown Estate deal
Norges Bank Real Estate Management has expanded its partnership with The Crown Estate by acquiring an additional 25% interest in 20 Air Street in London for £112.5m.
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Invesco snaps up €530m hotel portfolio
Invesco Real Estate has acquired a portfolio of 13 hotels across Germany and The Netherlands for €530m (£487m), in one of 2017’s largest pan-European institutional hotel transactions.
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Duo make Midlands debuts to anchor Homewares at the Mailbox
Heal’s and MADE.COM are making their Midlands’ debuts as headline brands to open the new 20,000 sq ft homewares section on Level 1 at the Mailbox in Birmingham.
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Deloitte appoints Scriven as head of UK hospitality and leisure
Deloitte has announced the appointment of Andreas Scriven from Christie Co as its new head of UK hospitality and leisure, replacing Nick van Marken.
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New £250m plan unveiled for Queensferry One
Scarborough Muir Group has launched a new £250m masterplan for Dunfermline’s Rosyth waterfront to coincide with the launch of the new £1.35bn Queensferry Crossing.
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Taylor Wimpey pays over £190m for Royal Mail London site
Taylor Wimpey has bought part of London’s Central Mail Centre, covering 6.25 acres, from Royal Mail for a sum in excess of £190m.
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Ærium agrees £66m refinancing on Clerkenwell scheme
Ærium, the European real estate fund manager, has secured a £66m refinancing with Deutsche Bank on Herbal House, an office and residential redevelopment in Clerkenwell, London.
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Tim Hortons takes first Welsh store
Tim Hortons, the Canadian coffee shop which is currently expanding into the UK, has taken its first store in Wales at the Queens Arcade in Cardiff.
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LSL invests £20m in Yopa
LSL Property Services has invested £20m in fixed-fee online estate agency Yopa.
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Hammerson and Allianz arrange €625m loan for Dundrum Town Centre
Hammerson and Allianz have arranged a €625m (£574m) seven-year term loan secured on Dundrum Town Centre.
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IOAM lands £60m segregated mandate for Tesco Pension Fund
IO Asset Management (IOAM), the specialist manager of multi-let industrial estates, has secured a multi-let industrial property segregated mandate with Tesco Pension Fund (TPF).
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Colony NorthStar sells The Townsend Group to Aon for £367m
Global real estate and investment management firm Colony NorthStar has sold The Townsend Group to Aon for $475m (£367m).
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Crossrail is coming to town
The new Elizabeth Line is expected to massively increase footfall to the West End - how are the capital’s landlords seeking to make the most of the opportunities it presents.
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Pound lifts FTSE 100
The FTSE 100 index ended up 0.11% to 7,438.50 points, lifted by the stronger pound and positive UK manufacturing data.
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Third of homes could be affected by historic mining activity
A new report from Landmark Information estimates that 33% of houses are built within 250m of land that might have been used for coalmining and activities such as quarrying of sand, clay and gravel pits in the past.
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MG motors into Cardiff for first regional boutique
Iconic British car brand MG is to launch its first retail boutique experience outside London at St David’s mall in Cardiff in early September.
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Newcastle’s Pearl receives city’s first WiredScore
The Pearl office building in Newcastle has become the first property in the city to receive a Wired Certified benchmark from connectivity rating firm WiredScore.
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NATIXIS Pfandbriefbank arranges €157m mortgage for AUREC
NATIXIS Pfandbriefbank has arranged a seven-year €157m (£144.63m) mortgage for a consortium led by AUREC to fund the acquisition of the Eschborn Plaza office complex in Frankfurt.
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Costa takes space at Aberdeen’s Marischal Square
Muse Developments has signed up Costa for a 2,300 sq ft ground floor unit at its £107m Marischal Square development in Aberdeen.