All Property Week articles in 13 April 2018 – Page 4
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OnlineWeWork teams with investors to buy Blackstone's Devonshire Square
WeWork has teamed up with two investors to buy Blackstone’s 13-building Devonshire Square estate in the City of London for around £580m.
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NewsRockspring completes €400m of disposals for TransEuropean V
Rockspring Property Investment Managers has sold eight properties on behalf of its TransEuropean Property Limited Partnership V fund since Q4 2017, raising around €400m (£346.4m).
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OnlineOctopus hits £230m hard cap for institutional real estate debt fund
Octopus Property has reached a final close of £230m for its Commercial Real Estate Debt Fund II (CREDF II).
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OnlineCala chief set to retire
Cala Homes chief executive Alan Brown is set to retire from the group after 32 years with the housebuilder.
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OnlineBarings backs Maida Vale scheme with £54m loan
Barings Real Estate has provided a £53.9m loan to Meadow Partners for the development of Hathaway House, a mixed-use scheme comprising residential and commercial space in Maida Vale, west London.
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OnlineLeading Hammerson investor to vote against intu deal
Dutch pension giant APG Asset Management has revealed it will vote against Hammerson’s £3.4bn acquisition of shopping centre rival intu.
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OnlineHammerson shares plunge 9% as Klépierre abandons approach
Hammerson shares plunged 9.04% on Friday to 47.00p following the news that French rival Klépierre had abandoned its attempts to take over the UK company.
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ProfessionalMinisters' crackdown on travellers futile without further resources
Earlier this month, housing minister Dominic Raab announced that new powers were being considered to manage unauthorised traveller encampments.
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OnlineDouble letting takes Caddick's Rose Wharf to full house
A double letting to Thiskrow Ventures and The Recruitment Crowd has taken Caddick Developments’ Rose Wharf in Leeds to full occupancy.
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OnlineStubbs becomes development director at Wykeland
Northallerton prison developer Wykeland Group has appointed Jonathan Stubbs as its news development director.
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OnlineBT Pension Scheme sells majority stake in Hermes Fund Managers
BT Pension Scheme (BTPS) has sold a majority stake in Hermes Fund Managers to US asset mananger Federated Investors for £246m.
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OnlineEuro Garages acquires stack of Scottish roadside retail sites for expansion
Forecourt retailer Euro Garages has nearly doubled the size of its Scottish portfolio by acquiring six new sites north of the border.
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OnlineCandy sells Fortwell Capital in management buy-out
Fortwell Captial, the development finance lender owned by Christian Candy’s CPC Group, has been bought by the company’s management.
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OnlineM1 Agency boosts senior ranks with ex-Doherty Baines hire
M1 Agency has recruited Sturt Atkinson as a partner focusing on logistics, industrial and national business space investment.
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OnlineChurch of England issues £50m bond to strengthen housing estate
The Church of England Pensions Board has issued a £50m fixed-rate bond to improve its housing offering to retired clergy.
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OnlineKlépierre pulls out of Hammerson bid
Klépierre has conceded defeat in its attempt to take over UK rival Hammerson.
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NewsTwo new office tenants at Here East
Here East, the technology campus at the Queen Elizabeth Olympic Park in Stratford, has signed two office tenants for a combined 43,750 sq ft.
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NewsMilligan to develop new retail concept for creative brands
Developer plans six to eight schemes in dominant regional centres for Creative Trade retail/workspace concept.
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NewsAgent P: watercooler talk
8.30am, Teutonic Room: Sporty Girl quivers with indignation at the disclosure by Them Upstairs that guys at GBH earn 41% more than gals.
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NewsBrockton acquires iconic Foyles bookstore and Pinnacle building
Fund manager to snap up flagship Foyles bookstore and Leeds city centre scheme for a combined £115m.
