All Property Week articles in 10 November 2006 – Page 5
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News
Whitehall to receive £25m security revamp
Cabinet Office seeks to protect area from ‘transport-bourne hazards’
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News
UK investors pursue passage to India for 25% returns
Former LandSecs chief Henderson is latest to join rush to subcontinent
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News
D2 Private buys Fortress House
Irish investor D2 Private this week emerged as the buyer of Fortress House, the former English Heritage headquarters at 23 Savile Row in London’s West End. The 100,000 sq ft (9,290 sq m) building is being sold by Legal & General for more than £110m. The block was ...
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News
Resolution Asset Management buys 13-14 Curzon Street
Resolution Asset Management has bought 13-14 Curzon Street, in London’s Mayfair, from DTZ Investment Management for £23m, reflecting a net initial yield of 3.1%. Built in 1999, the property attracted more than 10 bids and exceeded the quoting price of £19.5m. It is let to Chime Communications on assignment ...
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Markets
111 New Cavendish Street
Greycoat and sister company City Offices submitted a planning application last Friday to increase the office floorspace and provide 22,000 sq ft (2,000 sq m) floorplates at its mixed-use scheme at 111 New Cavendish Street. Sturgis Associates is the architect for the scheme, which is to be completed in ...
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News
Planning consent for scheme at 1 Lothbury
Welbeck Land and Barclays Capital were awarded planning consent last week for a 120,000 sq ft (11,148 sq m) office scheme at 1 Lothbury in the City of London. The Fletcher Priest-designed scheme, formerly known as Bank Buildings, will be developed speculatively. DP9 advised on planning; Montagu Evans ...
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Online
Treasury plans £1bn savings across property estate
The Treasury has unveiled plans to make annual efficiency savings of between £1bn and £1.5bn a year from the government’s property estate
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Online
Slough signs €103m sale-and-leaseback with Antalis
Slough Estates has signed a sale-and-leaseback agreement with European communications distribution giant Antalis worth €103m (£69m)
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Online
Dawnay Shore Hotels reviews REIT potential
Dawnay Shore Hotels has appointed NM Rothschild & Sons and Shore Capital to conduct a broad review of its business with a view to possibly converting to a REIT in the new year
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Online
L&G splashes £90m on LaSalle City site
Legal & General is to acquire 99 Gresham Street in the City of London for more than £90m from LaSalle Investment Management
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Online
Bank of England announces 5% base rate
The Bank of England has raised the base rate 250 basis points to 5%, it was announced at noon
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Online
DTZ hotel team makes room for Cushman directors
DTZ has poached three top members of Cushman & Wakefield’s hotel team to head a new hotel division for Europe, the Middle East and Africa (EMEA)
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Online
Minerva advances Croydon Park Place stake to Lend Lease
Minerva has brought forward the sale of a 50% stake of the Park Place retail scheme in Croydon to Lend Lease for £92.5m
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Online
Limerick’s landmark €250m retail scheme
Regeneration Developments has won planning consent for a €250m (£167m) retail development scheme in Limerick, Ireland’s third-largest city
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Online
20-30-40-50
Each week we meet a property character from a different age bracket. This week Sean McAllister meets Mark Swallow, 47, head of Knight Frank’s Birmingham office
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Online
Raven in £87m Russian sheds deal
Raven Russia, the UK’s first quoted property company investing solely in Russian industrial property, is to forward-fund the development of a 2.4m sq ft (222,965 sq m) logistics warehouse in southern Russia
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Online
Occupiers can save planet, says BCO guide
The British Council for Offices has urged occupiers and building designers to cut carbon emissions with the launch of a guide to environmental management
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Online
ING to acquire £125.5m mixed-use portfolio
ING UK Real Estate is to acquire a £125.5m property portfolio from US fund Nivian Unit Trustees
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Online
Schroders poised to acquire Woking Business Park
Schroders is poised to acquire Woking Business Park from clients of Arlington Securities for £35m
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Online
USS Trinity Quarter purchase order confirmed
Universities Superannuation Scheme has received confirmation of the compulsory purchase order by the Department for Communities and Local Government (DCLG) for Trinity Quarter in Leeds