All Property Week articles in 12 May 2017
View all stories from this issue.
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Online
Accrol cleans up with North West's largest industrial letting of 2017
Tissue manufacturer Accrol Group Holdings has agreed to lease 368,400 sq ft of industrial space at the M58 Distribution Centre in Skelmersdale in the largest industrial letting of the year so far in the North West.
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SDL Auctions makes new hire to move into Manchester
SDL Auctions North West has announced a move to a bigger venue in Manchester and appointed a top regional valuer to lead its team.
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Virako to dine out on new Polish Monopolis
The historic area of the old Monopol Wódczany vodka distillery in Łódź is to be transformed into mixed-use district called Monopolis by developer Virako.
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Barings finances acquisition of Royal Liver Building in Liverpool
Barings Real Estate Advisers has arranged a £29.65m financing facility for investment manager CORESTATE Capital Holding, to support their £48m acquisition of the Royal Liver Building on behalf of an institutional investor.
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Land Securities shares fall
Source: freeimages.com Shares in Land Securities plunged 2.3% on Thursday, after the UK’s largest property company reported the value of its portfolio falling in its annual results.
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Travers Smith promotes Pereira to partner
Emma Pereira has been promoted to partner in the real estate business of law firm Travers Smith, with effect from 1 July.
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SPE III Runway is Dream Belgian debut acquisition
Dream Global REIT has completed the acquisition of all the shares issued by SPE III Runway SPRL for €95.9m (£81.8m), representing a going in capitalisation rate of 7.1%.
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Gramercy grows French sheds portfolio
ÆRIUM has completed on the disposal of two logistics properties located in Southern France to Gramercy Property Europe in a share deal.
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Hammerson bolsters European outlets team with new COO position
Hammerson has appointed Maxime Depreux to a newly created role of chief operating officer for premium outlets, taking on responsibility for Hammerson’s European outlets portfolio.
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Europa Capital signals French intentions with Le Sémaphore deal
Europa Capital has completed a new acquisition for its pan-European investment fund, purchasing from Deka Immobilien, in a joint venture with Balzac REIM, the Le Sémaphore office building in the Front de Seine area of Paris.
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Department of Coffee and Social Affairs launches in North with largest store
Bruntwood has announced that Department of Coffee and Social Affairs will be opening at its Faulkner House site in Manchester - the coffee company’s first location in the North of England.
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Land Securities posts bumper dividend hike
Land Securities has reported a bumper 10% dividend hike supported by higher revenue profits in annual results - despite the value of its portfolio slipping.
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Shake-up at top of Lloyds’ CRE team
Lloyds Bank has promoted Madeleine McDougall to acting head of commercial real estate as John Feeney becomes acting head of global corporates.
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Atrium eyes €300m pipeline after buoyant Q1 update
Atrium European Real Estate has announced plans for a €300m pipeline of ongoing redevelopment projects in the pipeline within its first quarter update for 2017.
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Tritax acquires Doncaster big box for £21m
Tritax Big Box REIT has acquired a national distribution centre let to Unilver at Trax Park in Doncaster for £20.9m.
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Crosslane submits plans for its first purpose-built student accommodation in Ireland
Crosslane Student Developments has submitted its first purpose-built student accommodation planning application in the Republic of Ireland, which would deliver more than 200 beds in Dublin.
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Inland secures first Midlands permission
Inland Homes has received planning consent to develop 148 residential units at Sherborne Wharf in Birmingham – the company’s first scheme in the Midlands.
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AEW acquires SIDEWALK showing in Germany
AEW has acquired a portfolio of 20 high street retail assets in Germany from BMO Real Estate Partners.
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Rates reforms: a failed experiment
Panjandrum: while for most the word may bring to mind a particular kind of pompous and pretentious public servant, few remember it as the codename for one of the Second World War’s most bizarre experiments.
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Damaged Society makes Edinburgh debut
Fashion retailer Damaged Society has taken its first Edinburgh store at Moorgarth Group’s Waverley Mall.