All Property Week articles in 12 October 2018 – Page 2
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Guinness acquires two-acre Bromley-by-Bow site
Affordable housing provider Guinness Partnership has successfully completed the acquisition of a residential scheme in Bromley-by-Bow from Danescroft, with backing from Palmer Capital.
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LBS uses VR to secure green light for long-delayed £230m Canary Wharf resi-led scheme
LBS has finally secured approval to develop 225 Marsh Wall Developer LBS Properties has secured planning permission at appeal for a proposed 48-storey mixed-use development adjacent to Canary Wharf at Cubitt Property’s 225 Marsh Wall. Having been the site of seven former planning applications, LBS ...
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BDP launches new modular construction initiative in Bristol
BDP Bristol has launched a new modular construction initiative called Gap Homes.
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Native confirms £250m development programme
Aparthotel developer Native has announced a £250m programme for its new ‘lifestyle-led’ concept which will incorporate food and beverage, co-working and retail aspects into its hotel schemes.
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BNP Paribas expands West End investment team
BNP Paribas Real Estate has expanded its London markets team with the appointment of Paul McNair from Fineman Ross.
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PLA appoints two new honorary members
The Property Litigation Association (PLA) has appointed Jeremy Hudson, partner at Charles Russell Speechlys, and Katie Bradford, head of property and finance litigation at Linklaters, as honorary members.
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QIA takes control of Colonial in €718m SFL investment
Qatar’s sovereign wealth fund QIA has become the largest shareholder of Spanish listed real estate giant Colonial via a major share swap and capital increase.
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Crest Nicholson issues profit warning as Brexit bites
Housebuilder Crest Nicholson has warned profits will be lower than expected because buyers have been put off by “political and economic uncertainties” as Brexit approaches.
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Barratt makes solid start to its financial year
The UK’s largest housebuilder Barratt Developments has said it made a strong start to the new fiscal year as housing demand remained robust.
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Apache secures £58.5m loan on The Lexington in Liverpool
Apache Capital Partners has secured a four-year £58.5m loan from LaSalle Investment Management to help fund The Lexington build-to-rent (BTR) scheme in Liverpool.
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E-commerce demand boosts rental income at Segro
Rental income at Segro surged 43% in the first nine months of the year as demand for logistics space from online retailers continued to grow.
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Health Board takes over Tesco House in record Cardiff office deal
Oval Real Estate has sold the 85,000 sq ft former Tesco House office building to Cardiff and Vale University Local Health Board in the biggest single occupier deal in the region this year.
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PowerLeague creditors approve CVA
Creditors have approved plans for five-a-side football pitch operator Powerleague Fives to enter into a company voluntary agreement (CVA).
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Cushman enters retirement living
Cushman Wakefield has launched a new retirement living service in the UK and appointed Caryn Donahue from its Boston office to lead the team.
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ASOS expands with record South East office letting
Kennedy Wilson has completed the successful leasing-up of the remaining office space at Leavesden Park near Watford to online fashion brand ASOS.
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66 Hammersmith Road redevelopment plans approved
Quadrant Estates and Pirbright Holdings have secured planning permission to redevelop 66 Hammersmith Road, the site of the original Kensington Centre.
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McCarthy & Stone share price jumps on retirement home exemption
Shares in McCarthy Stone soared 6.36% on Tuesday morning to 135.2p after the government announced an exemption to zero rate ground rents for retirement housing providers.
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Crédit Agricole finances Henderson Park's historic €550m Paris hotel purchase
Investor Henderson Park has completed the €550m (£484m) acquisition of one of Paris’ most historic hotels, the Westin Paris-Vendôme, from Singapore’s sovereign wealth fund GIC having secured a senior financing package from Crédit Agricole Corporate and Investment Bank (CACIB).
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British Buildings Partnership joins forces with energy consumption initiative
Seven property developers have committed to improving energy efficiency in future office developments and are in advanced talks to enable UK property owners to rate their offices using the Australian NABERS scheme.
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CLS sells west London office
CLS Holdings has sold Buspace Studios in west London to Warrior Property Group for £13.5m.