All Property Week articles in 12 August 2016 – Page 2
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Rural land values plummet on Brexit fears
Demand for rural land has fallen sharply in the past six months and prices are expected to follow, the latest RICS / RAU Rural Land Market Survey has warned.
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CLS produce leap in NAV and EPS in first half
CLS Holdings saw net asset value (NAV) of its portfolio jump 9.6% and earnings per share (EPS) leap 92% in the first six months of 2016.
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Stock market falls as inflation rises
The FTSE 100 retreated on Tuesday after the pound rose on the back of stronger than expected UK inflation figures.
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Freshfields exchanges at One New Bailey
International law firm Freshfields Bruckhaus Deringer has exchanged contracts with the English Cities Fund to take 80,000 sq ft of office space at One New Bailey in Salford.
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Capco's Covent Garden director resigns
Capital Counties’ director of Covent Garden Sarah-Jane Curtis has resigned, less than a month after the firm announced its finance director was leaving to join SEGRO.
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Australian lingerie brand Honey Birdette opens first UK store
Australian luxury lingerie retailer Honey Birdette has signed for its first UK store in Covent Garden.
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Colliers appoint Sullivan to head up Manchester industrial team
Colliers International has hired John Sullivan to lead the industrial and logistics team at its Manchester office.
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Insight
Big yellow taxi: LandAid's 'colour-in cab' takes message across the City
First mindfulness had adult colouring-in books and now youth homelessness has the colour-in cab from charity LandAid.
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Green light for 176-bedroom Premier Inn in Wimbledon
Premier Inn owner Whitbread has secured planning permission for a new 176-bedroom hotel and restaurant in The Broadway in Wimbledon.
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CBRE predicts 3% house price growth this year despite Brexit vote uncertainty
House prices across London shot up by 10% in the year to June despite the market uncertainty around the Brexit vote, according to CBRE’s latest regional residential report.
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Empric buys student blocks in London and Exeter
Empiric Student Property has paid CBRE Global Investors £21.5m to buy the freeholds of three operating properties, two in London and one in Exeter, with a total of 213 beds.
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U+I set for £95m London regeneration project
U+I, the property regeneration group, is set to begin work on a £95m mixed-use scheme in north east London after buying a 3-acre site from Parkdale Investments.
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Bovis shares fall after interim results
Shares in Bovis Homes fell by 2.7% on Monday even though the housebuilder reported a 15% jump in pre-tax profits in half year results.
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South East property consultancy launches Birmingham base
South East building consultancy firm Propitas has moved into the West Midlands by establishing a base in Birmingham.
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Axel Arigato creates footprint with London flagship store
Swedish footwear and accessories label Axel Arigato has announced the opening of its first global flagship store at 19-23 Broadwick Street in Soho.
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Cordatus acquires Tyneside shopping centre
Bow Street Mall has sold the Park View shopping centre in Whitley Bay, Tyne and Wear to Cordatus Property Trust.
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Property returns down 2.4% in July
Returns on UK property declined by 2.4% in July, according to the latest IPD monthly index.
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CBRE extends Shelter partnership with £1m target
CBRE has set a new target for its UK-wide partnership with housing and homelessness charity Shelter to raise £1m for the charity by 2018.
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Deka confirms £164m One St Peter’s Square buy
Deka Immobilien has confirmed its acquisition of One St Peter’s Square in Manchester for £164m from Argent and The Greater Manchester Property Venture Fund.
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RESI: ‘Green tax’ could force some B2L landlords to think again
Buy-to-let landlords could soon be hit by a ‘green tax’ requiring them to pay upfront to make properties more energy-efficient could force some to review their portfolios.