All Property Week articles in 13 December 2013 – Page 5
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ProfessionalShort leases: don’t leave yourself exposed at breaking point
The British Council for Offices’ Property Data Report 2013, published at the end of October, confirmed the widely held view that commercial property lease terms are becoming even shorter.
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Markets
B&M unloads on Liverpool docks in run-up to Christmas
Retailer takes additional warehouse space at Peel Ports scheme.
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News
US investor buys IBRC City block
New York-based investment firm Northwood Investors has exchange contracts on its second City of London purchase, in a deal tipped by Property Week.
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News
Berkeley cooks with gas
St James subsidiary nears second National Grid deal with purchase of huge Battersea gas holders.
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News
First Base sets up camp in Islington
Elliot Lipton’s First Base has bought the former Territorial Army Centre from the Ministry of Defence in Islington, for a 150-unit residential scheme, which is thought to be worth £50m when completed.
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News
Helical Bar in Hanover Square talks
Helical Bar is in talks to move to a new London office that would cost it more than £100/sq ft in rent.
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Professional
Q+A: Pedro Ortiz, World Bank planning maestro
Pedro Ortiz (pictured), senior urban planner at the World Bank, developed the Madrid Regional Plan in 1996, based on his revolutionary “Metro-Matrix Method” of town planning. In his latest report, the Art of Shaping the Metropolis, he calls for a new approach to developing the cities of the future. Property ...
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News
Avenue Capital raids GL Hearn
American private equity firm poaches Tim Butler from its adviser to lead UK student halls arm.
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News
Invesco star’s exit hits Assura
An 8.6% stake in healthcare company Assura Group has been sold to counteract the effect of redemptions, after Invesco’s star fund manager Neil Woodford said he would leave in April 2014.
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News
Rocket boost from Mount Anvil at Silicon Roundabout
Residential developer beats Lend Lease and Redrow for its third City Road scheme: £260m Crown House tower
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Professional
Morgan Lovell answers charity’s DIY SOS
Down’s Syndrome Association office received free refurbishment in a day. Sarah Townsend reports
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News
M&S drops anchor at Dover’s St James scheme
Laker Developments and Bond City have secured Marks Spencer as the anchor retailer for its St James development in Dover.
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News
Alconbury giant ready for take-off
Urban Civic, the regeneration vehicle set up by Nigel Hugill and Robin Butler, has won planning consent for one of the country’s largest developments — the 11m sq ft urban extension of Alconbury Weald in Huntingdon in Cambridgeshire.
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Professional
Need to know: London’s light years ahead
What is the project?Transport for London (TfL) is launching a three-year energy-saving plan for the 52,000 street lights it owns across the capital. City Hall is describing the scheme — the first phase of which will cost £10.9m — as the largestWhat does it entail?First, street lights along TfL’s road ...
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News
LSE mulls site disposals after Lincoln’s Inn success
The London School of Economics is considering selling off “less attractive” assets following its purchase in August of Cancer Research UK’s London Research Institute at 44-46 Lincoln’s Inn Fields for around £75m.
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Markets
Delancey and APG on a resi roll after Elephant coup
Pair seek further London sites and could bid for Westfield scheme. Nick Johnstone reports
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News
New Day dawns for Accor hotels portfolio
Consortium launches ambitious attempt to refinance nearly £600m held against 86 European assets.
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Professional
Microsoft wants UK cities to be smarter about energy
Software firm on road trip to market smart tech used in its headquarters. Sarah Townsend reports
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News
LaSalle settles in to Wembley with £45m Victoria Hall buy
Asset manager buys freehold of 20-storey block developed by Michael O’Flynn and Westbrook Partners
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News
Knightsbridge pockets £250m student loan
American insurer AIG agrees refinancing with operator of halls
