All Property Week articles in 11 December 2015 – Page 2
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UBS appoints Guest as lead real estate strategist
UBS Asset Management’s Global Real Estate business has appointed Paul Guest as executive director, lead real estate strategist.
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Union creates new international real estate arm
Union Investment Real Estate has created a new business arm focused on international markets, led by Martin Brühl.
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Stocks rebound from record lows
The stock market rebounded on Tuesday, with the FTSE 100 breaking through the 6,000 level.
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L&G hires build-to-rent fund manager
Legal General Investment Management Real Assets has appointed a build-to-rent fund manager dedicated to shaping its institutional offering in the sector.
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Retailers upsize at WestQuay
Fashion retailer Next has become the latest tenant to increase its space at Hammerson’s WestQuay shopping centre in Southampton.
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Plans announced for Manchester’s £360m BBC site
Bruntwood and Select Property Group have announced plans for their £360m development of the former BBC site on Manchester’s Oxford Road corridor.
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Harworth buys Doncaster regen site
Harworth Estates, the regeneration specialist, has acquired a 112-acre site in Doncaster for a major mixed-use development.
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Lewis announces plans to ‘deregulate social housing sector’
Housing minister Brandon Lewis has announced a package of amendments to the Housing and Planning Bill, including abolishing the disposals proceeds fund which sets rules on how housing associations can spend income from sales.
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SEGRO and Hermes complete industrial property swap
SEGRO and Hermes Property Unit Trust (HPUT) have completed a swap deal worth a total of £68.9m.
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Taiwanese insurer completes first London buy
Taiwanese insurance company Shin Kong Life has completed the acquisition of 40 Gracechurch Street in the City for £136.15m from Cornerstone.
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FORE acquires prime Manchester development site
FORE Partnership, the pan-European real estate investment club, has acquired a vacant office building Manchester’s city centre for £13m from Titan Investors.
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LaSalle raises £120m for PRS fund
LaSalle Investment Management has raised £120m for its first UK PRS Residential Fund.
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Great Portland refinances Ropemaker JV with £90m loan
Great Portland Estates has arranged a new £90m loan to refinance The Great Ropemaker Partnership, a joint venture between the company and the BP Pension Fund.
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Topland commits to prime central London resi
Topland has provided £12m of acquisition and development finance for a residential development in Mayfair that the firm’s billionaire owner Sol Zakay said marks it out as one of the few lenders still willing to back prime central London schemes.
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Blackrock man joins JP Morgan's real asset team
JP Morgan Asset Management’s real asset arm has recruited Claudius Weissbarth from Blackrock as an executive director in charge of European client strategy.
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Real estate is caught up in equity sell-off
The FTSE 100 slumped to its lowest point in three years on Monday, as real estate shares also continued to fall.
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Barke to leave Cushman & Wakefield
Cushman Wakefield partner Charlie Barke is to leave the business to join Knight Frank.
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Plans submitted for West End’s tallest tower
Great Western Developments and Sellar Property Group have submitted plans for the West End’s tallest tower, complete with a sky garden and restaurant.
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Savills buys Toronto firm for first Canadian office
Savills has opened its first office in Canada through the acquisition of Real Facilities, a Toronto-based commercial real estate firm.
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Serviced office provider Ventia sold
The Boutique Workplace Company has bought serviced office provider Ventia, creating a business with more than 2,500 workspaces across central London.