All Property Week articles in 12 October 2018 – Page 3
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Online
Bellway boasts profit rise, but warns on Brexit and skills shortage
Top five housebuilder Bellway has launched a cost savings programme to boost margins after reporting a 14.3% rise in full-year pre-tax profit.
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InfraRed Capital Partners exceeds £500m fund target at final close
InfraRed Capital Partners has exceeded its £500m target at the final close of its latest fund, with total equity commitments of £522m.
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Central Cross in Chinatown debut restaurant duo
Developer Shaftesbury has announced the addition of the first two restaurants for its new Chinatown development.
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Premier Inn checks in to £85m New Marlborough Yard
Whitbread’s hotel chain Premier Inn has signed as an anchor tenant for Frogmore’s approved New Marlborough Yard development at The Cut in Southwark.
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Newcore Capital Management launches £100m investment fund
Newcore Capital Management has launched a £100m value-add fund focused on real estate linked to social infrastructure, storage and accommodation.
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Transport for London partners with Pocket Living to build affordable homes
Transport for London (TfL) has partnered with developer Pocket Living to build 125 affordable homes in the city at a range of sites.
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Bosiljanoff to boss new Pembroke Munich office
International real estate advisor Pembroke has signed for a new Munich office and appointed Patrizia’s Christian Bosiljanoff to head the team as director.
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News
Pandox and Fattal acquire Manchester’s Midland hotel for £115m
Pandox AB and Fattal Hotels Group have entered an agreement to acquire The Midland Manchester hotel from Aprirose for around £115m.
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Council's principal planner joins Strutt & Parker in Cambridge
BNP Paribas Real Estate-owned Strutt Parker has made two new hires for its Cambridge planning team including Sav Patel as an associate director from Cambridge City Council.
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Brokenshire begins leasehold consultation with £10 ground rent cap
The Ministry of Housing, Communities and Local Government has launched a consultation on leasehold reform with proposals to cap ground rents at £10.
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Gazeley to spec build in Doncaster
Gazeley will speculatively develop a 278,000 sq ft warehouse at its G.Park Doncaster site.
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Santander launches £2.8bn loan securitisation
Santander has announced a £2.8bn commercial real estate loan securitisation.
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Middle Eastern investors buy into £55m DWP-let Glasgow office
The Bank of London and the Middle East has acquired the Department for Work and Pensions let 1 Atlantic Quay in Glasgow for £55m.
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Spaces takes 42,000 sq ft in Hammersmith
IWG’s flexible workspace brand Spaces has taken 42,000 sq ft at The Foundry, a 114,500 sq ft office which forms part of AXA IM – Real Assets’ new three acre Hammersmith estate Assembly London.
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Agents appointed after Bierkeller administration
Agents have been appointed to sell the Bierkeller venues following the administration of Burning Night Group.
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Praxis buys Newcastle shopping centre
Praxis has bought a shopping centre near Newcastle for £30m in a deal that signals its intention to “invest aggressively in community shopping centres”.
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BGC Partners lets 130,000 sq ft at Canary Wharf scheme
Global brokerage and financial technology company BGC Partners has signed a lease to occupy around 130,000 sq ft at 5 Churchill Place, in Canary Wharf.
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Rare London relocation for ‘world’s largest map store’
Maps and travel specialist Stanfords has signed for its first new London store since 1901 with a new flagship location at 7 Mercer Walk.
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Helical and HOOPP land marine insurer let at One Creechurch
Mutual marine insurer West of England has signed for the entirety of the ninth floor at Helical and Healthcare of Ontario Pension Plan (HOOPP)’s One Creechurch Place, taking the City office scheme to 94% let.
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Professional
Deb makes Dentons move
Law firm Dentons has announced the hire of Bryan Cave Leighton Paisner partner Deepa Deb as a new partner in its real estate practice.