All Property Week articles in 14 December 2018 – Page 2
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Top landlords file legal challenge against Regis CVA
A group of major UK landlords including Hammerson and M G have filed a legal challenge against hair and beauty group Regis’s company voluntary arrangement (CVA).
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TH Real Estate acquires De Haagsche Zwaan from fast-selling Capreon
TH Real Estate’s European Cities Fund has acquired De Haagsche Zwaan in The Hague from Capreon in the twelfth acquisition for its pan-European fund.
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GreenOak merges with Bentall Kennedy
GreenOak Real Estate is merging with Bentall Kennedy, Sun Life Financial’s North American real estate and property management firm, in a deal that values the combined business at $940m (£745m).
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Inland Homes buys Dagenham site for 325-unit scheme
Housebuilder Inland Homes has exchanged contracts to acquire a development site in Dagenham, East London, which has a gross development value of £95m.
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LBS completes on £32m Defoe Court deal
Developer LBS Properties has completed the acquisition of the 43,000 sq ft Defoe Court office building at 44 Featherstone Street for £32m from Amundi Asset Management.
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Schroder secures 40,000 sq ft of lettings at Hammersmith mall
Schroder’s UK Real Estate Fund has agreed 40,000 sq ft of new lettings, refits and upsizes at its Kings Mall shopping centre in Hammersmith including a major refit of the anchor H M store.
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Herts CC gives consent to Shredded Wheat Factory scheme
Joint venture partners ZM Land Capital and Metropolitan Thames Valley have secured planning approval for a 1m sq ft mixed-use scheme including 1,440 flats in place of the former Shredded Wheat Factory in Welwyn Garden City, Hertfordshire.
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Danish fashion brand to open debut UK store in Soho
Danish fashion brand Ganni has signed to open its first standalone store in the UK at 36 Beak Street in London’s West End.
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FTSE 100 closes at its lowest point for two years
The FTSE 100 closed at its lowest point for two years on Tuesday, down 71 points at 6701.59 points.
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Hibernia goes unsecured with €400m refinancing
Hibernia REIT has refinanced its €400m secured revolving credit facility with a €320m unsecured revolving credit facility and €75m of unsecured US private placement notes.
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Tritax Big Box extends debt facility
Tritax Big Box REIT has agreed a one year extension on its £350m unsecured revolving credit facility agreed with a syndicate of lenders earlier this month.
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Shoosmiths letting takes Milton Keynes' 100 Avebury Boulevard to 50% let
Law firm Shoosmiths has pre-let the entirety of the seventh floor at AW James’ 100 Avebury Boulevard, the largest speculative office development in Milton Keynes for a decade.
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Mace sells Sheffield student site
Mace has sold a development site in Sheffield with planning permission for 658 student beds and 247 build-to-rent units to Cassidy Group.
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Trophaeum makes Milan purchase
Trophaeum Asset Management has acquired an office building in Milan for €34.5m (£31m), expanding its international portfolio.
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Melburg snaps up Warehouse K in East London
Melburg Capital has bought the Warehouse K building in East London from a UK institutional investor for an undisclosed price.
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Supreme Court rules in favour of electronic notices
The Supreme Court has ruled in favour of Westminster City Council’s decision to serve a completion notice via email in a judgement which could impact the future validity of all property notices.
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Station Road Dev Co unveils plans for 22-storey Reading tower
Joint venture group Station Road Dev Co has submitted plans to convert a vacant site into a £30m mixed-use tower in Reading.
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Administrators eye store sales from Blue Inc estate
Fashion retailer Blue Inc has become the latest high street chain to fall into administration, placing the future of its 31 UK stores into doubt.
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Jenkins Shipping secures large Derbyshire warehouse deal
Aberdeen Standard Investments has let the entirety of its 141,459 sq ft distribution warehouse in Swadlincote to Irish logistics group Jenkins Shipping.
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Record Bristol letting for Sterling House at Aztec West
Sterling House Estates has completed a duo of lettings at its 140 Aztec West office building in north Bristol to fill out the building at a new record rate for office space outside of the city centre.