All Property Week articles in 13 November 2015 – Page 4
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Schroder REIT delivers solid half year figures
Schroder Real Estate Investment Trust has reported strong NAV growth and falling voids in half-year results.
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Occupancy up for Green REIT
Green REIT has reported lettings completed since 1 July have increased annual rental income by €1m (£710,000) and reduced overall vacancy rate from 2% to 1%.
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Right to buy numbers ‘don’t add up’, says Kerslake
Lord Bob Kerslake, the chair of Peabody housing association and former head of the civil service, has said offering social tenants the right to buy will not help the issue of affordable housing supply in London.
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John Lewis to anchor Edinburgh St James
TH Real Estate has signed up John Lewis as anchor tenant at the 1.7m sq ft Edinburgh St James development.
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Stanhope and Network embark on build to rent venture
Stanhope has joined forces with housing association Network to seek sites across London with potential for build to rent development.
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Resolution buys in Whitechapel
Resolution Property has exchanged contracts on its second acquisition in the emerging London creative quarter of Whitechapel, buying Black Lion House on Whitechapel Road for £32.5m.
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Oaktree puts Wembley Hilton on the market
Oaktree Capital Management has put a £95m for sale sign over the Hilton hotel at Wembley Park.
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Blackstone in £152.6m JRIC takeover bid
Blackstone has agreed a deal to acquire Japan Residential Investment Company for £152.6m.
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Standard Life buys Empire House for £20.65m
Helical Bar and Crosstree Real Estate Partners have sold Empire House in east London to Standard Life Investments for £20.65m.
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Ross Howard to take on CBRE residential role
CBRE has poached Ross Howard from JLL to take on the chief operating officer role at its London Residential business.
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FTSE ends down following US interest rate fears
London’s leading shares index finished lower Thursday following hawkish remarks from two US rate-setters.
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Hot 100 retail locations revealed
Milton Keynes is the retail location with the greatest mass-market potential in the UK, according to this year’s Hot 100 retail ranking.
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Hot 100 Retail Locations 2015
Location specialist CACI has produced an exclusive list of the UK’s hottest retail locations for Property Week.
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Hot 100 Retail Locations: 2) Norwich
The county town of Norfolk is a fairly isolated rural city with a fairly affluent catchment area.
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Hot 100 Retail Locations: 3) Leicester
Leicester is the county town of Leicestershire and the biggest city in the east Midlands. Its nearest competing centres include Nottingham and Coventry.
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Hot 100 Retail Locations: 4) Birmingham
Birmingham is the second-largest city in the UK, with a population of more than one million. It has a fairly mixed-affluence catchment and is considered to have the fourth-largest comparison goods market potential in the UK.
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Hot 100 Retail Locations: 5) Plymouth
Plymouth is a coastal city in Devon. The town has a predominantly naval heritage and benefits from seasonal tourism.
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Hot 100 Retail Locations: 6) Reading
The Berkshire town has an affluent population, reflecting its status as a popular part of the London commuter belt. Its catchment over-indexes on the most affluent Acorn groups, ‘executive wealth’ and ‘career climbers’.
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Hot 100 Retail Locations: 7) Huddersfield
Huddersfield is a large market town in West Yorkshire whose catchment is dominated by middle-income consumer groups.
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Hot 100 Retail Locations: 8) Derby
Derby is the county town of Derbyshire and has a generally more affluent catchment than the east Midlands average.