All Property Week articles in 11 November 2011 – Page 5
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Perella Weinberg begins Spanish RBS portfolio break up
SICD has bought Mandarache Retail Park in Cartagena, Spain, from Perella Weinberg Capital Partners.
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Crown Estate to fund MK1 Shopping Park development
The Crown Estate is to fund the development of the MK1 Shopping Park in Milton Keynes with developer Inter MK.
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Standard Life Investments to co-develop Helical's Europa Centralna Polish retail scheme
Standard Life Investments has teamed up with Helical Bar to co-develop the Europa Centralna retail park and shopping centre in Gliwice, Poland.
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Electricals retailer Comet sold for £2
Electricals retailer Comet, which operates from 250 stores, will be sold to Hailey Holdings and Hailey Acquisitions for just £2.
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Great Portland Estates warns of price correction as it posts 5% NAV boost
Great Portland Estates increased its net asset value per share by 5% in the first half of its financial year, but warned demand for London office space had reduced and there would be a price correction on secondary assets.
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USS buys Leisure West in Feltham for £33m
Universities Superannuation Scheme has bought Leisure West, located in Feltham, from NFU Mutual for £33m, representing a net initial yield of 6.3%.
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Midweek Bulletin: What would UGL's DTZ takeover mean for UK business?
DTZ’s announcement today that it has picked Australian facilities management company UGL as preferred bidder for the company creates an unusual cultural partnership.
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Lok’nStore reports doubling in profits
Lok’nStore, the UK self-storage provider, has delivered a stellar set of annual results.
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Hammerson's retail occupancy levels drop
Hammerson’s occupancy level across its UK retail portfolio has dipped slightly after sales dropped 3.8% and footfall decreased by 1.9% during the last quarter.
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Halfords to close Solihull Autocentres head office
Halfords has announced it is to close the Solihull head office of its Autocentres business and relocate the operation to its main group headquarters in Redditch.
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Burnley-based landlord in administration
A Burnley-based group of companies responsible for managing 305 tenanted properties has been placed into administration, TheBusinessDesk.com has reported.
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Propinvest responds to administration order
Glenn Maud’s Propinvest has hit back at the decision to put a part of his Propinvest empire into administration, as revealed by propertyweek.com this morning.
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Updated: Propinvest company with link to Citi Tower in administration
A company in Glenn Maud’s Propinvest empire was put into administration on Friday – a company which formerly owned a stake in the Citi Tower in Canary Wharf.
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Royal wedding perfumery Illuminum signs for first UK store
Perfume brand Illuminum, which was the official fragrance of the royal wedding, has signed to open its first UK store at 41-42 Dover Street in London’s West End.
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Best Buy to close all UK stores
Electricals retailer Best Buy has announced that it will close all of its 11 UK stores by the end of the year.
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