All Property Week articles in 13 September 2013 – Page 2
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Speculatively-developed Uxbridge building sold
Rockspring has sold the building it speculatively developed in Uxbridge for £43.1m and a yield of 5.72%.
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Town Centre Securities posts stable results
Leeds-based property investment company Town Centre Securities has reported a “stable year” in its annual results, with pre-tax profits at £7.3m – level with last year.
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Lend Lease and Evans submit plans for 195 York homes
Lend Lease and Evans Property Group have submitted plans for the development of 195 homes as the second phase of the £150m Hungate development in York.
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Helical Bar buys £50m regional portfolio
Helical Bar has bought the Quartz Portfolio, comprising 10 regional properties, for around £50m.
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Land Secs exchanges on Ealing Film Quarter site and submits plans
Land Securities has exchanged contracts with Ealing Council and submitted a planning application for the £100m redevelopment of the Ealing Film Quarter site.
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Northacre to redevelop 1 Palace Street
Northacre will invest £10m into the redevelopment of 1 Palace Street, adjacent to Buckingham Palace.
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Helical Bar buys £50m regional portfolio
Helical Bar has bought the Quartz Portfolio, comprising 10 regional properties, for around £50m.
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LondonMetric and USS buy Wickes portfolio
LondonMetric Property in joint venture with the Universities Superannuation Scheme has exchanged contracts to acquire a portfolio of five standalone Wickes retail warehouse units from clients of Aberdeen Asset Management for £28m.
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Unite buys 700 bed London student development site
Unite has exchanged contracts with Schroders Real Estate Investment Trust to buy a one acre development site in Wembley, north west London.
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Luminar buys Essex superclub
Nightclub operator Luminar has acquired the Evoke club in Chelmsford, Essex, for an undisclosed sum.
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UGL hires Jones Lang LaSalle head for DTZ
A former Jones Lang LaSalle Americas head is to join DTZ as global chief executive officer.
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Saudis snap up Sugar’s £120m IBM building
Alan Sugar’s Amsprop has sold a Thames-side office building on London’s South Bank for around £120m to a Saudi investor advised by Cordea Savills.
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Crest Nicholson’s forward sales double
Housebuilder Crest Nicholson has reported a 92% increase in its forward sales as the government’s schemes to boost mortgage availability impact on housing demand.
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Cluttons: West End Office Outlook
A marked upturn in sentiment continues to bolster both investor and occupier confidence as Central London remains at the forefront of the nascent UK economic recovery.
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Westfield launches search for White City resi partner
Westfield has announced that it is seeking expressions of interest for a residential joint venture for land next to its flagship shopping centre in West London, as revealed by Property Week earlier this month.
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Countryside to develop 575 homes at Runwell Hospital
Countryside Properties has been selected by the Homes and Communities Agency to develop a £200m scheme for up to 575 homes at the former Runwell Hospital site in Essex.
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David Samuel Properties buys Crawley retail parade
David Samuel Properties has bought a retail parade in Crawley from Axa Real Estate for £11.75m.
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Top trio quits CBRE Global Investors to launch new property company
CBRE Global Investors’ EMEA head of investor services, Giles King, is leading a trio of senior departures from the fund management giant who will be launching a new fund manager, Property Week can reveal.
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Top trio quits CBRE Global Investors to launch new property company
CBRE Global Investors’ EMEA head of investor services, Giles King, is leading a trio of senior departures from the fund management giant who will be launching a new property company, Property Week can reveal.
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Agent picked for £150m New Scotland Yard sale
Agents have been appointed to carry out a sale of New Scotland Yard on behalf of the Metropolitan Police, following a competitive pitch, Property Week can reveal.