All Property Week articles in 11 May 2012 – Page 2
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London strength helps LandSecs
Central London was the star that helped Land Securities outperform market expectations in 2011, but retail and the company’s assets in this sector continued to lag.
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JLL retained by Proctor & Gamble
Jones Lang LaSalle has extended its facilities management contract with Proctor Gamble by another five years.
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CBRE wins prized Lloyds contract from JLL
Lloyds Banking Group has appointed CBRE to provide transactional advice across its 20m sq ft portfolio of offices and retail banks, as tipped by Property Week.
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John Lewis seeks West End space
The John Lewis Partnership is searching London’s West End for 50,000 sq ft of offices, after choosing to relocate its depot to unlock a development site in Chelsea.
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Lenders extend £1.2bn Citi tower loans
Banks owed £1.2bn by the owners of the Citi tower in Canary Wharf have extended the debt until the autumn, as a strategy for the valuable but heavily indebted building continues to be sought.
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Lenders extend £1.2bn Citi tower loans
Banks owed £1.2bn by the owners of the Citi tower in Canary Wharf have extended the debt until the autumn, as a strategy for the valuable but heavily indebted building continues to be sought.
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Alexander McQueen to open Savile Row flagship store
Alexander McQueen has signed to open a new flagship store at 9 Savile Row, in London’s West End.
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BlackRock decides on 70,000 sq ft in Edinburgh
Edinburgh is close to getting its biggest office letting of the year, after BlackRock placed more than 70,000 sq ft of space under offer in the city centre.
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Lend Lease Europe chief returns to Australia
Lend Lease has today announced that its EMEA chief executive Dan Labbad is to return to a new role in Australia.
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Lunson Mitchenall poaches back Knight Frank's head of retail agency
Lunson Mitchenall has poached back Knight Frank’s head of retail agency, Nigel Thompson.
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Lexi administrators obtain Pakistan freezing order
KPMG, the administrators of collapsed property company Lexi Holdings, has made progress in tracking down millions of pounds owed to creditors, TheBusinessDesk.com reported today.
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Steve Morgan increases Redrow ownership to 40%
Steve Morgan, chairman of Redrow, is set to increase his ownership of the house-builder to more than 40% following a meeting of shareholders today.
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UNITE sales continue apace
Student group Unite is on track to sell up to £150m of assets in 2012, and has more than £50m sales complete or underway.
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GPE sells over £100m of property
Great Portland Estates has sold three properties for more than £100m as it continues to recycle capital into its major London development projects.
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Buddha-bar returns to the UK
Global bar brand Buddha-bar is set to relaunch in the UK after buying the 11,000 sq ft Chicago Rib Shack site in London’s Knightsbridge for close to £1.5m.
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Capco secures £70m credit facility
Capital & Counties has secured a £70m credit facility from BNP Paribas and HSBC.
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GPE sells more than £100m of property
Great Portland Estates has sold three properties for more than £100m as it continues to recycle capital into its major London development projects.
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Facebook London HQ to be sold
Facebook’s London headquarters has been put up for sale for offers exceeding £65m, or a yield of 5.25%.
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Aberdeen poaches Henderson man as UK property chief
Aberdeen has poached a key director from its rival Henderson Global Investors to manage its UK property business.
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Podcast: DTZ's Colin Wilson - first interview after taking UK & Ireland helm
In the latest Property Week Podcast, DTZ’s Colin Wilson gives his first interview since taking the helm of the company’s UK Ireland business.