All Property Week articles in 12 January 2018 – Page 2
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News
Whitbread to open hotel and restaurant at Durham’s Milburngate
The developers of Milburngate in Durham have struck a deal with Whitbread to bring a Premier Inn hotel and a steak restaurant to the scheme.
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Online
Green light for shipping container market at Reading’s Broad Street Mall
Moorgarth Group has secured planning permission to create a market built from shipping containers at its Broad Street Mall shopping centre in Reading.
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Online
UBS buys Southwark office building for £75.7m
UBS Asset Management has bought the 42 Southwark Bridge Road office building in London for £75.7m, reflecting a net initial yield of 5.31%.
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News
Barings strikes deal on Waterloo Place office space
Barings Real Estate Advisers has secured its first office letting at 8 Waterloo Place in London.
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News
Octopus Healthcare appoints retirement director
Kevin Beirne has been appointed as director of retirement at specialist housing developer Octopus Healthcare.
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News
Clarion plans 135 homes in Brent
Clarion Housing Group is to develop 135 homes for first-time buyers in north west London.
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Online
Lendlease and CPPIB launch £1.5bn BTR joint venture
Lendlease, and Canada Pension Plan Investment Board (CPPIB) have launched a build-to-rent (BTR) investment partnership, with an initial target to invest £1.5bn in the sector.
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Online
Investors set to increase allocations to real estate in 2018
More than half of global investors (56%) plan to increase their exposure to real estate over the next 24 months, targeting an average 10.2% of total capital allocation.
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Online
FTSE dips, but Savills up as new CEO revealed
The FTSE 100 nudged down on Tuesday, weighed down by miners and oil giant BP, while the pound slipped after UK inflation fell from November’s five-year high.
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Online
Wanda sells Nine Elms scheme as it continues global sell-off
Wanda Hotel Development, the Hong Kong listed unit of Dalian Wanda Group, has sold its 60% interest in a luxury hotel development at Nine Elms in London for £35.6m, as it continues a programme of asset sales around the world.
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Online
Lavanda teams with Hunters to start ‘super short-term’ lettings service
Proptech firm Lavanda has formed a partnership with UK estate agent Hunters that will enable users of the platform to manage rentals with a minimum stay of two nights.
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News
Former HSBC head of real estate finance comes to Cloudscraper as CFO
Proptech firm Cloudscraper has appointed former HSBC global head of real estate finance Matthew Webster as its new CFO, stepping out of its ‘stealth’ period.
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Online
Spaces brings coworking model to Edinburgh
IWG brand Spaces has let 29,707 sq ft of office space at the recently refurbished One Lochrin Square in Edinburgh for its first co-working hub in the city.
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Online
LEO takes nearly 50,000 sq ft of prime London lettings
Serviced office provider London Executive Offices (LEO) has signed more than 46,000 sq ft of leases in prime central London.
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Online
Landbanking review to be led by Letwin
The government’s review of why hundreds of thousands of homes with planning permission have not been built has commenced with the appointment of an independent panel of experts.
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Online
West Lothian housing development given green light
Dundas Estates has been given the green light by West Lothian Council to deliver its first new housing scheme in Livingston in a decade.
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Online
Gaps identified in Greater Manchester's brownfield registers
Greater Manchester local authorities that failed to identify enough brownfield land to meet their housing needs are reviewing underused green space and Green Belt sites.
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Online
Metropolitan and Thames Valley announce partnership plans
Thames Valley Housing and Metropolitan have formed a partnership to increase their delivery of housing, improve services to the community and strengthen their financial positions.
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Online
Chelsea FC to proceed with £1bn Stamford Bridge plans after injunction ruling
Chelsea Football Club has moved a step closer to starting its £1bn stadium redevelopment after Hammersmith and Fulham Borough Council used a temporary planning loophole to overturn a High Court injunction.
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Professional
Tobias takes investor relations role at Tunstall
Pan-European alternative investment firm Tunstall Real Estate Asset Management has expanded its senior management team by appointing Rebekah Tobias as head of investor relations.