All Property Week articles in 12 December 2014 – Page 3
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Online
Shortlist out on Manchester station redevelopment
A shortlist of developers has been drawn up for the 500,000 sq ft redevelopment of Network Rail’s Oxford Road site, in Manchester.
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Online
Joint venture to redevelop Balfron Tower
A joint venture has been created to regenerate the 1960s brutalist Balfron Tower, in Poplar, east London.
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Online
L&G sets sail with £226.5m Ocean portfolio buy
The 3.8m sq ft industrial assets will be split between UKPF and IPIF funds
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Online
German investment company mandates Tuckerman
German investment company aik has awarded a property management contract to central London agency Tuckerman.
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Online
TH Real Estate head of European investment to leave
Anthony Butler, head of European investment at TIAA Henderson Real Estate, is to leave the company at the end of the year.
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Online
Old War Office sold to Indian conglomerate
Indian investment company the Hinduja Group has bought the Old War Office in partnership with Spanish group Obrascon Huarte Lain Desarrollos.
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Online
L&G makes play for magazines HQ
Legal General is under offer to buy the Soho home of magazines Elle, Cosmopolitan and Esquire.
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Online
Central London office take-up to hit annual high
Central London office take-up reached 901,000 sq ft in November, taking the year-to-date total to 12.6m sq ft, according to DTZ’s latest Central London Offices Update. London skyline
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Online
Scotland commits to 2% business rates cap
Scotland deputy first minister John Swinney has committed to capping next year’s business rates increase to 2% instead of the traditional September RPI figure.
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Online
De Montfort report claims property debt hangover clearing
The property debt hangover is clearing as outstanding debt held against UK commercial property fell to £171bn at mid-year 2014 from £180.3bn at year-end 2013.
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Online
Green light for Warrington town centre regeneration
The regeneration of Warrington’s town centre took a step forward last night after planning approval was granted for the £52m Bridge Street Quarter project.
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Online
Oaktree and NAMA submit giant Dublin Docklands planning application
A planning application has been submitted to Dublin City Council for a €450m mixed-use scheme in the city’s Docklands.
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Online
Cushman & Wakefield gets in fashion with students
Global real estate adviser Cushman Wakefield teamed up with world renowned art and design institution Central Saint Martins to sponsor an innovative student project.
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Online
Crosstree and Helical win Old Street tenants
Crosstree Real Estate Partners and Helical Bar have completed 44,000 sq ft of lettings at The Bower, Old Street, to luxury online fashion retailer Farfetch and global content marketing agency John Brown Media.
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Online
Singaporeans sell New Brook Buildings for £114m
Singapore investor Sinar Mas Land has sold New Brook Buildings in London’s Covent Garden to private clients of UBS for £113.7m.
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News
Osborne-Young joins Savills residential
Richard Osborne-Young has been appointed to the Savills prime London residential development team, and will focus on the top end of the market.
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News
InfraRed readies industrial sell-off
InfraRed Capital Partners has put a £58.5m ‘for sale’ sign over a chunk of its industrial assets as it looks to capitalise on investor appetite in the sector.
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Insight
Strategist Osborne must be honest with the voters
The Lib Dems are pressing George Osborne to bring the 2015 Budget forward to stop him using it as a pre-election giveaway.
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News
Lack of update on PDR hits office-to-resi lending
Lenders are becoming increasingly reluctant to finance office-to-resi schemes as the end to temporary changes to planning rules making the conversion of use easier looms ever closer.
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Insight
Infrastructure investment is key to unlocking UK growth
The UK is emerging from the post-global financial crisis environment as one of the fastest-growing developed economies, yet tempered by a position of fragility, based off low interest rates and quantitative easing measures. London is clearly a magnet for growth.