All Property Week articles in 10 February 2017 – Page 3
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Online
A&J Mucklow refinancing boosts coffers
A J Mucklow Group, the Midlands-based property investment group, has produced a pre-tax profit of £9.1m for the six months to the end of December, which also saw a major refinancing of the group.
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Online
Lok’n Store Group’s shares surge
Self-storage firm Lok’n Store’s shares rose 4.35% on Monday after the company reported solid trading in the six months to 31 January.
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Online
Aviva Investors launches alternative income solutions fund
Aviva Investors has launched the Aviva Investors Alternative Income Solutions Fund.
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Online
AshbyCapital secures £105m financing for Fitzroy Place
AshbyCapital has secured a £105m loan facility against its 50% stake in Fitzroy Place, a mixed-use development in central London’s Fitzrovia, which it acquired last November.
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Online
St John's Wood resi development opportunity up for sale
NAMA has appointed agents to sell a prime residential development site in St John’s Wood in London.
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Marsh & Parsons poach CBRE duo to grow resi team
Marsh Parsons has expanded its residential development investment team with the appointments of Rory Cramer and Alex Greaves as directors.
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London mayor unveils creative hub sites for Thames Estuary
Sadiq Khan has unveiled his plans to transform the Thames Estuary into a hub for the creative and cultural industries.
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Triple student accom investment for IPIM
IP Investment Management (IPIM) has increased its stake in the UK student housing market with major investments in Durham, Exeter and Liverpool.
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GLA appoints new planning assistant director
The Greater London Authority has appointed Juliemma McLoughlin as its new assistant director of planning.
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Hong Kong investor takes Kingdom St offices for £292m
Hong Kong investor CC Land Holdings has completed the £292m purchase of One Kingdom Street, in Paddington, London, in an off-market deal with TH Real Estate.
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Lok’nStore reports revenue rise in first half
Lok’nStore has reported trading during the six months to 31 January remained solid, with revenue up 3.9% in its core self-storage business compared to the same period last year.
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Online
Grainger appoints new COO
Grainger has appointed John Kenny as chief operating officer (COO).
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Online
FTSE 250 hits record high
The FTSE 250 hit a record high on Friday morning following a strong run over the past month.
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Revenue up 23% at CBRE
CBRE Group has reported a 23% increase in revenue to $13.1bn (£10.4bn) for the year to 31 December 2016.
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Online
Prologis lets Hemel distribution centre
Prologis has leased a 122,730 sq ft distribution centre to Cormar Carpets at Prologis Hemel Hempstead.
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Lendlease in pole for £2bn Haringey regen
Lendlease is in pole position to be selected as joint venture partner on a 5,000 home regeneration site in Haringey.
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UKCPT forward funds Goodman's Midlands distribution centre
UK Commercial Property Trust (UKCPT) has completed the forward purchase of a pre-let distribution warehouse development in Burton-upon-Trent for £22.2m.
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GPE sells Rathbone Square for £435m
Great Portland Estates (GPE) has sold the freehold of Rathbone Square to Rathbone Place Jersey for £435m, and is proposing returning £110m of the cash to shareholders.
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Unite snaps up Aston Student Village for £227m
Unite Students has acquired Aston Student Village (ASV) for £227m in a 50-50 joint venture with GIC, Singapore’s sovereign wealth fund.
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Insight
Kempner ‘will be hugely missed’
Nigel Kempner had long been a friend and was intensely loyal.