All Property Week articles in 14 February 2020 – Page 2
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3-4 Embankment in Leeds bought for £20.5m
ADAPT Real Estate and Ship Street Advisors have acquired 3-4 Embankment in Leeds from XLB and Harbert for £20.5m.
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CBRE GI sells West End scheme for £55m
CBRE GI has sold West End office and retail building Eagle House two years after it put it up for sale.
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Hollywood film studio planned for Reading
American company Blackhall Studios has unveiled plans to build a £150m film studio complex in Reading.
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Edgware shopping centre to be sold
Aberdeen Standard Investments has appointed agents Knight Frank to sell the Broadwalk Centre in Edgware.
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Beales set to close its remaining stores
Beales is set to close its remaining 11 stores after it received no “deliverable” rescue offers.
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Tritax Symmetry signs sweet deal for 158,000 sq ft logistics facility
A joint venture between Northern Powerhouse Land Limited and Tritax Symmetry, the development arm of Tritax Big Box REIT, has exchanged contracts to deliver a new 158,000 sq ft facility for sweets manufacturer Swizzles at MA6NITUDE logistics park in Cheshire.
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Telford shopping adds Skechers to the mix
Sovereign Centros, on behalf of Orion Capital Managers, has signed footwear brand Skechers at Telford Shopping Centre.
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Achieving Net Zero is going to hurt
We are repeatedly being told that the property industry is responsible for a massive 40% of total UK carbon emissions.
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Manchester council hunts for new marine operator
Manchester City Council has begun its hunt for a new operator to manage New Islington Marina, which sits at the heart of Urban Splash’s wide-ranging New Islington regeneration scheme.
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GSA and Harrison Street announce new Dublin PBSA scheme
GSA and Harrison Street have revealed plans for a new student accommodation and build-to-rent scheme in Dublin.
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Helical secures City letting at £80/sq ft
Helical has completed its first letting at 55 Bartholomew Close, EC1, to hedge fund ShadowFall Capital Research at a headline rent of £80/sq ft.
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HARNESS launches PDF data extraction tool
Real estate data firm HARNESS has launched a tool to help the commercial property industry collect data from PDF investment brochures, tenancy schedules, and marketing brochures.
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L&G secures £175m debt funding deal for affordable housing
Legal General’s affordable housing business has secured £175m of development finance from external investors for the delivery of 3,500 affordable homes.
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Intu plans to boost executive payouts despite tumbling share price
Intu plans to increase financial rewards for its two top executives despite falling share prices, rental income and asset values, according to a report.
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Proptech accelerator RElab funds nine start-ups with £100,000 each
Proptech venture capital fund Goldacre has announced it is funding nine new start-ups with £100,000 each as part of its third RElab business accelerator.
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Realstar buys Ilford BTR scheme for £100m
Canadian investor Realstar has bought Pioneer Point, the 294-unit build to rent scheme in Ilford, for $130m (£100m) from Kennedy Wilson, the Beverly Hills-based real estate company.
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Patrizia beats annual income expectations
Patrizia, the pan-European real estate investment group, has beaten expectations by posting an operating income of €134.5m (£112m) for the 2019 financial year.
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Grainger secures first Nottingham BTR scheme
Grainger has agreed to forward fund and acquire a 348-home build to rent (BTR) development in Nottingham from Blocwork for £55.6m.
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CBRE makes three senior hires
CBRE has expanded its operational real estate (OPRE) team with three new hires.
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Vistry Homes and Aster Group announce £167m housebuilding investment
Vistry Homes and housing association Aster Group have announced plans for a £167m investment in 1,359 new homes.