All Property Week articles in 11 May 2007 – Page 8
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News
Medicx’s £39m fundraising prescription
Medicx Fund, the listed primary healthcare property investor, is raising a net £38.8m from a placing and offer of shares.
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MarketsEnvironmental homes ‘cost an extra £20/sq ft’
Building green developments towards a zero-carbon standard costs an additional £20/sq ft, CBRE Hamptons International has found.
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Online20-30-40-50
Each week we meet a property character from a different age bracket. Today, Richard Heap meets Damian Farino, 47, partner at Edwin Hill
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News
Whitehall buys €2.45bn DEGI German portfolio
German open-ended fund manager DEGI has sold a €2.45bn (£1.7bn) German portfolio to Goldman Sachs’ Whitehall funds.
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News
Safestore revenues rise by 15% as expansion rolls on
Safestore, Europe’s second-largest self-storage company behind Shurgard Europe, said this week that revenue increased 15% in the six months to 30 April and that it expected full-year results to be in line with expectations.
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News
Mitsui to sell £140m City office
Mitsui is to bring 71 Queen Victoria Street in the City of London to the market with a price tag of £140m.
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News
Morley buys EC1 offices
Morley Fund Management has bought Woodbridge House in Aylesbury Street, London EC1, from Henderson Global Investors for £42.25m in an off-market deal, reflecting a net initial yield of 5.5%.
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News£1bn Glebe fund buys £215m West End block
David Phillips’ new vehicle buys Central Cross from Westbrook
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News
Canary Wharf redesigns its 1.8m sq ft Riverside scheme
New planning application aims to attract large occupiers
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Online
Schwab sets up global REIT fund
Charles Schwab Investment Management has launched its first proprietary property securities fund.
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Online
Rugby to convert first start-up REIT
Rugby Estates revealed plans today to create the first start-up REIT in the UK.
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Online
Henderson to move to new Broadgate HQ
British Land has fully let its 201 Bishopsgate development at its Broadgate estate in the City of London with a letting to Henderson Group.
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Online
Interest rates rise to 5.5%
The Bank of England has raised the base rate to 5.5% this afternoon – its highest point in six years.
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Online
John Travers joins British Land board
John Travers, the former head of Cushman & Wakefield’s EMEA region, was today appointed a non-executive director of British Land.
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News
Glasgow in Commonwealth duel with Abuja
Glasgow yesterday lodged its bid to host the 2014 Commonwealth Games, competing against Nigerian capital Abuja. Financial Times
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Online
Nanette buys resi site in Croatian capital
AIM-listed Nanette Real Estate today announced it had scooped its debut deal in Croatia.
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Online
KKR in possible Hammerson takeover
Hammerson is back on full takeover alert this morning after private equity group KKR was named as a possible suitor for the UK’s fourth-largest REIT.
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News
AAIM's Marston pub tab is £80m
Marston’s, the Midlands brewer and pub operator, is to announce the sale of 279 of its tenanted pubs for about £80m to AAIM, the celebrity-backed property investment group. The Times
