All Property Week articles in 11 August - DIGITAL ONLY – Page 4
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Online
London transacts £772m of development land in Q2 of 2017
A total of £772m of London development land sales were completed in the second quarter of 2017, representing the strongest quarter since before the EU referendum and a 48% rise on Q1 2017, according to CBRE.
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Online
Tunstall launches new debt fund and makes first investment
Tunstall Real Estate Asset Management has announced its first investment for a new Dutch-focused discounted pay-off debt fund, DPO Fund 1, having received €55m of initial commitments from a number of international investors at its first closing.
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Insight
Crackdown on unfair leaseholding has put housebuilders in hot water
Not for the first time, some of Britain’s biggest housebuilders have found themselves on Sajid Javid’s ‘naughty step’. The communities secretary is not only stopping their money-spinning sale of leasehold houses but also encouraging buyers to ‘dob them in’.
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Online
BE Offices rolls out 10GB internet
BE Offices is introducing 10GB internet connectivity across its network of 16 serviced office centres.
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Online
Fidelity buys Reading office for £20.5m
Fidelity UK Real Estate Fund has bought the 52,000 sq ft Phoenix House in Reading for £20.5m.
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Online
L&G and Rightacres secure largest-ever Cardiff pre-let to GPU
Legal General (L G) and Rightacres have completed the largest ever office leasing deal in Wales with the Government Property Unit signing for a 25-year lease on 265,976 sq ft of office space at Central Square.
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Insight
Government seeks to ease Help to Buy review concerns
The government has denied it is planning to end the Help to Buy scheme early, after confirming it is reviewing the future of its flagship homebuyer’s policy.
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Online
New Rights of Light SD among five hires for GVA
GVA Schatunowski Brooks has announced five new appointments to bolster its specialist Rights of Light team.
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Online
UK commercial property capital values increase 0.4% in July
Commercial property capital values rose 0.4% in July at the national level, according to the latest CBRE monthly index – a slight slowdown from June’s 0.6% growth.
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Online
Brockton gets green light on Shoreditch High St
Hackney Council has granted planning consent for Brockton Capital’s development of a 70,000 sq ft, mixed-use scheme at 183-187 Shoreditch High Street.
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Online
Amicus Property Finance lends £72m in July
Amicus Property Finance has announced a record £72m of lending in July, stating a confident and buoyant short-term property lending market, as well as expanded offerings across the country with the opening of the Manchester office last year, were key factors.
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Insight
Wholesale ban on leaseholds would be counterproductive
The government’s proposed ban on selling new-build houses on a leasehold basis is a welcome move intended to protect consumers from unfair and excessive ground rent and other charges. However, the real issue lies in the detail of leasehold sale agreements.
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Insight
RESI 2017: building a build-to-rent team
Learning from an established operation in the US, where customer service is king, significant emphasis at Atlas Residential is placed on ensuring that the right people are in the best position for their skillset, leading to job satisfaction and empowerment – something that historically has been a gap in corporate ...
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