All Property Week articles in 11 October 2019
View all stories from this issue.
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Online
M&S takes 60,000 sq ft at Nottingham retail park
Marks Spencer has taken 60,000 sq ft at British Land’s Nottingham Giltbrook Retail Park.
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PLP wins planning permission for Gateway 45 in Leeds
PLP has been granted planning permission by Leeds City Council to develop prime logistics units totalling 900,000 sq ft on its 43 acre site at Gateway 45, Leeds.
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Brunswick Real Estate Ventures launches Europi Property Group
Brunswick Real Estate Ventures has launched a pan-European investment company, Europi Property Group (EPG), and recruited Blackstone’s Jonathan Willén to lead it.
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VTS to buy retail proptech firm PropertyCapsule
Leasing and asset management platform VTS has announced it is buying proptech firm PropertyCapsule.
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Pidgley sells £42m stake in Berkeley
Berkeley Group chairman Tony Pidgley has sold a stake worth £42m in the housebuilder.
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Columbia Threadneedle understood to be in for Manchester Airport Group (MAG) portfolio
Columbia Threadneedle Investments is believed to be in pole position to acquire the Manchester Airport Group (MAG) portfolio for a sum in the region of £500m to £550m.
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Three Kevin McCloud firms fall into liquidation
Three of Grand Designs presenter Kevin McCloud’s firms have collapsed and liquidators have been appointed.
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Goldman writes down value of WeWork stake
Goldman Sachs has written down the value of its investment in WeWork by $80m following its failed stock market flotation.
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Employees of large corporate firms prefer conventional office space, survey finds
A survey of how large corporate firms in the UK are using flexible office space shows that a majority of respondents would ideally like to move to more conventional space.
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Companies face £500m hike in business rates
An additional £536.03m hike in business rates will take hold starting next April after it was announced today (16 October) that the rate of inflation stands at 1.7%.
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Scottish proptech arbnco wins funding for SME energy platform
A government innovation competition has awarded Scottish proptech firm arbnco with funding to build a digital platform to help UK SMEs save energy.
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InfraRed Capital Partners buys Triumph Business Park in Speke, Liverpool for £30m
InfraRed Capital Partners has purchased the Triumph Business Park in Speke, Liverpool for £30m as part of a £200m investment programme in the sector that it launched this summer.
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Government corporation buys 310-acre site for Ebbsfleet Garden City vision
A central government corporation has bought a 310-acre site near Ebbsfleet international rail station to form the heart of its vision for Ebbsfleet Garden City.
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BDB Pitmans moves to One Bartholomew
Law firm BDB Pitmans has agreed a ten year lease at One Bartholomew in the City. It will occupy two floors, totalling 38,156 sq ft of office space.
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Social housing risk profile shows increased challenges
The Regulator of Social Housing’s new sector risk profile shows that the sector is facing increased strategic and operational risks.
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Harris Lamb acquires Black Country Chartered Surveyors Sellers
Property consultancy Harris Lamb has acquired Black Country Chartered Surveyors Sellers, the third business to be added to the company.
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Leading Cities Invest acquires Dublin office building
German investment fund Leading Cities Invest, part of the KanAm Grund Group, has acquired the Wythe Building in Dublin for around €20m.
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HB Reavis granted permission for Elizabeth House redevelopment
HB Reavis has won planning permission for its 1.2m sq ft redevelopment scheme in Waterloo, London, paving the way for construction to begin next year.
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Commercial lending rises despite global uncertainty
Lending in the commercial property market grew in the first six months of 2019, despite the lack of property transactions and political risks.
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Segro updates on first nine months of year
The boss of industrial and logistics giant Segro has said the group has had a strong first nine months of the year in a positive trading update to the market.