All Property Week articles in 11 December 2015 – Page 3
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OnlineLJ makes Manchester acquisition
LJ Partnership has has bought its fifth building in Manchester’s Albert Square, bringing its total investment in the Albert Estate scheme to £28m.
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OnlineStandard Life raises €391m for European fund
Standard Life Investments’ second European Real Estate Club fund has reached its final close, having raised over €391m (£284m).
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OnlineNew stadium plans for Brentford kick off
Prime Place, the residential development arm of Willmott Dixon, and its development partner Brentford Football Club have secured detailed planning consent for a new 20,000 capacity football stadium, as well as 648 new homes, in Brentford.
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OnlineReturns to stay positive through to 2020, says CBRE
CBRE has given a bullish forecast for UK commercial property, predicting positive returns through to 2020.
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OnlineInland Homes to develop £110m Southampton scheme
Inland Homes has signed an agreement with Southampton City Council to develop an 8.9-acre brownfield site called Chapel Riverside for a £110m scheme.
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Online
Urbanest buys £24.8m Vauxhall car park
Student accommodation developer Urbanest has bought the 250 year leasehold interest in a car park on Miles Street, Vauxhall, from CLS Holdings for £24.8m.
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OnlineTravelodge to open three shopping centre hotels worth £22m
Travelodge has partnered with New River Retail, Henry Boot Development and Capital Regional to develop hotels in shopping centres in Wood Green, Burgess Hill and Bromley.
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Online
Prologis appoints Europe president
Prologis has appointed a new president of Prologis Europe with Philip Dunne leaving the company after seven years.
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Online
WeWork looks to Canary Wharf
US co-working giant WeWork is in advanced talks to take 110,000 sq ft at the new phase of Canary Wharf.
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OnlineWorthington gets go-ahead for £70m Manchester office
Worthington Properties has been granted planning permission for a £70m office scheme on Manchester’s Deansgate.
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OnlineBellway set to build 10% more homes in 2016
Housebuilder Bellway said its reservation rate improved in the first months of its new financial year and that its total completions and average selling price are both set to rise in the full year.
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OnlineCBRE GIP and Cordatus launch £150m UK fund
CBRE Global Investment Partners and Cordatus Real Estate have launched a £150m UK investment programme targeting smaller assets in retail, office and industrial sectors.
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OnlineSouth Africa's economic woes weigh on FTSE
The FTSE fell for a sixth day in a row on Thursday as Sports Direct shares tumbled almost 11% and companies with South African links slumped after the country’s finance minister was sacked.
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Markets
Manston owners push on with plans
The owners of the former Manston Airport are pressing ahead with plans for the 800-acre Kent site despite continued opposition from UKIP-led Thanet council.
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NewsUS property veterans invest in Pennsylvania portfolio
A new US-based commercial property investment firm, led by industry veterans Thomas Rizk, Roger Thomas and Howard Sipzner, has bought a major portfolio for around $245.3m (£163.6m).
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NewsRetailers sign for space at Intu Watford
Retailers Jack Jones, Tiger, Timberland and Cath Kidston have signed for new stores at Intu’s Watford shopping centre as work on a new extension begins.
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InsightFor profit and social impact can go hand in hand
As investors in social-infrastructure-related property, we spend a lot of time dealing with D1 use classes - education, healthcare and the like - and the conversion of religious and community-led buildings (also D1/D2) to such uses.
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NewsOman's sovereign wealth fund swoops on Hilton hotel portfolio
The sovereign wealth fund of Oman is set to buy a portfolio of prime Hilton hotels located in Europe’s key cities in a deal worth €380m (£275m).
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InsightTrading places: Ellandi staff on the shop floor
Earlier this month, Ellandi staff took to the floors of stores in the company’s assets across the UK.
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NewsEateries get taste for Nova
Three new restaurants have signed up to Land Securities’ Nova scheme in Victoria.
