All Property Week articles in 13 November 2015 – Page 3
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Big Yellow posts strong occupancy growth
Big Yellow has reported strong growth in occupancy helping drive a 30% increase in profits.
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Skanska HQ sold by TH Real Estate for £33.5m
TH Real Estate has sold the Skanska headquarters office building in Maple Cross to a private investor in the Middle East for £33.5m.
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Liverpool and West Midlands strike devolution deals
Liverpool and the West Midlands have become the latest authorities to strike devolution deals with government, and will benefit from £900m and £1bn of investment respectively.
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Crest Nicholson on track to meet expectations
Housebuilder Crest Nicholson said its growth strategy remains on track, after reporting an increase in housing volumes this year.
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British Land's results beat forecasts
British Land has beaten forecasts with 7.5% growth in NAV during the first half of its financial year.
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Travis Perkins seals £32.25m sale and leaseback deal
Travis Perkins Properties has completed a sale and leaseback deal for a £32.25m portfolio of trade and warehouse units at a yield of 6.13%.
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McKay profits leap 33.8%
McKay Securities, the Real Estate Investment Trust specialising in South East and London office and industrial property, has announced pre-tax profits for the six months to 30 September 2015 leaped 33.8% to £3.96m.
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Chancerygate plans Heathrow warehouse
Chancerygate has acquired a one-acre development site on Prescott Road in Poyle close to Heathrow Airport, where it plans to build a new warehouse.
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Insight
Positive sales help lift Taylor Wimpey
Taylor Wimpey shares surged 4.1% on Monday after the housebuilder published a strong trading update.
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Tristan funds retail park purchases
Tristan Capital Partners has financed its acquisition of two retail parks with a £28m loan from Deutsche Pfandbriefbank.
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Marriott and Starwood merge to create world’s largest hotel group
Two major hotel companies have agreed a merger that will create the world’s largest hotel group with 1.1m rooms worldwide.
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Two new stores for Schuh as German expansion continues
Schuh has signed leases on two new stores as part of an expansion drive in Germany.
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LC Industrial lands £17m portfolio
LC Industrial has bought a 500,000 sq ft industrial portfolio in the UK for £17m, in a deal reflecting a net initial yield of 8%.
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Mapic 2015: Sharing knowledge across the pond
Mapic has without doubt become a major fixture for the global retail and property sector, drawing crowds from more than 70 countries to the south of France.
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Cushman & Wakefield ranked top shopping centre letting agent
Cushman Wakefield has kept its spot at the top of the shopping centre letting agent league table, according to retail and leisure analyst Trevor Wood Associates.
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Quarters Capital founder joins M&G Real Estate
M G Real Estate has appointed Olivier Vellay as head of investment for continental Europe.
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Helical and Crosstree secure Warehouse letting in east London
Helical Bar and Crosstree Real Estate Partners have let two floors of The Warehouse building at the Bower in east London to a subsidiary of EMC Corporation.
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James Nicholson appointed to lead Knight Frank tech team
Knight Frank has appointed James Nicholson as partner to lead its newly established central London tech and creative team.
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The week ahead
There’s another busy week of reporting ahead. After Land Securities last week, it is the turn of British Land to report half year results on Tuesday.
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Taylor Wimpey remains positive on UK housing market
Housebuilder Taylor Wimpey has said its order book is at record levels, and it expects to deliver an improvement in operating profit margins of over 200 basis points this year.