All Property Week articles in 11 May 2012 – Page 3
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OnlineCapitol Shopping Centre gains two new anchors
Moorfield Group will start reconfiguration works this month at Capitol Shopping Centre in Cardiff to create space for two new anchors, Tesco and easyGym.
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OnlineWarner to sell in the City
Warner Estate Holdings has exchanged contracts to sell a City of London office as it continues to battle to pay down debt.
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OnlineLivesey wins Norfolk consent
Developer PJ Livesey has won planning permission for a £15m scheme in Norfolk, TheBusinessDesk.com reported today.
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Santander €2.7bn property hit
Spanish banking giant Santander is to take a €2.7bn write down on its Spanish property loan book, as the country’s government continues to battle its property banking crisis.
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OnlineKoreans complete £165m City debut
A Korean pension fund has completed its £165m debut into the UK investment market with the purchase of an office in the City of London.
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OnlineRoyal Mail proposes 1m sq ft in Clerkenwell
Royal Mail is drawing up plans for a huge office and residential scheme of up to 1m sq ft at its Mount Pleasant sorting office in London’s Clerkenwell.
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OnlineSantander to take €2.7bn property hit
Spanish banking giant Santander is to take a €2.7bn write down on its Spanish property loan book, as the country’s government continues to battle its property banking crisis.
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OnlineRank in £205m Gala Casino deal
Rank Group has agreed to acquire Gala Casinos for £205m, creating the largest casino operator in the UK.
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OnlinePiccadilly Circus development site up for sale
A prominent office development site on Piccadilly Circus has been put on the market by Natwest, its owner-occupier.
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OnlineResidential land values flatten out
A report by Knight Frank has suggested the average value of residential land in the UK remained flat in the first quarter of 2012, following a 1.3% rise in the final three months of 2011.
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Cushman suffers first-quarter loss
Cushman & Wakefield lost $18.7m in the first quarter of the year, nearly double the loss made last year, after incurring a 7% increase in operating costs.
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OnlineCushman suffers first-quarter loss
Cushman & Wakefield lost $18.7m in the first quarter of the year, nearly double the loss made last year, after incurring a 7% increase in operating costs.
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OnlineReceivers appointed to £75m Oxford Street block
Receivers have been appointed to a highly contested £75m Oxford Street block owned in a joint venture by David Pearl’s Structadene and a private Middle Eastern investor.
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OnlineGovernment growth fund spends £200,000 on each new job
The government’s regional policy has come under fresh attack today after it emerged that it has spent as much as £200,000 on each job created through its flagship Regional Growth Fund.
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OnlineGreen light for Essex retail scheme
Planning permission has been granted for a 70,000 sq ft out-of-centre retail scheme in Maldon, Essex.
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OnlineNew appointment boosts Bridgwater Gateway scheme
Miller Turner Investments has brought in Phil Wade of Katmar Properties as senior development surveyor to help deliver the Bridgwater Gateway scheme at junction 24 of the M5 in Somerset.
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OnlineIkea in running for Manchester ITV site
Landprop Holdings, part of the Inter Ikea Group, is among the parties interested in acquiring ITV’s 13.5 acre Quay Street site in Manchester.
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OnlineJaguar Land Rover expands into Ellesmere Port
Jaguar Land Rover has today confirmed it will occupy almost 400,000 sq ft of space at the Phoenix scheme owned by Highcross in Ellesmere Port, Cheshire.
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OnlineDover development scheme approved
Developer BondCity Limited’s £20m regeneration project in the centre of Dover was given planning consent by Dover District Council last night.
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OnlineInvesco makes €83m purchase in Germany and Sweden
Invesco Real Estate has acquired two logistics properties in Germany and Sweden.
