All Property Week articles in 14 May 2010 – Page 10
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News
CBRE Investors buys at 6.85%
Standard Life Investments, on behalf of RBS Pension Trustees, has sold two retail warehouses that total 47,403 sq ft on Millbrook Road in Southampton to CB Richard Ellis Investors for £8.1m a net initial yield of 6.85%
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News
Cushman loses $22m and its top sales team
First-quarter loss comes days after capital markets team defects to Jones Lang LaSalle
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News
Topland served with £22m deceit claim
Ministry of Justice accuses investor of unlawful conspiracy over Midtown property leased to family court
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Online
CoStar Group: City Office Market Update - May 2010
"April has been a relatively slow month for the occupier market in the City compared to that of the previous month, which generated just shy of 1 million sq ft in take-up. CoStar has recorded, 339,709 sq ft being taken in April, this brings the total space taken, in 2010to ...
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Online
CoStar Group: Manchester Office Market Report - April 2010
“The Manchester city office market recorded so far 50,936 sq ft in April, 79 % of which is new/refurbished space. The pace of take-up has picked up since the start of the year and an increase of space under-offer bodes well for the Manchester office market.”
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Online
CoStar Group: West End Office Market Report - May 2010
"The West End office market maintained healthy occupier activity in April, CoStar data records so far, 269,507 sq ft being taken, bringing the total take-up, year to date to 1.04 million sq ft. The largest space taken in April was 50,899 sq ft at 13-14 St George Street by Kleinwort ...
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Online
CoStar Group: Midtown Office Market Report - May 2010
"The Midtown office market has seen just 45,371 sq ft in take-up as recorded so far by CoStar, 80% of which is new/refurbished space. This level of take-up is below the monthly average for 2010 of 161,000 sq ft. Available space currently stands at 4.9 million sq ft. Secondhand ...
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News
Online shopping up 15%, says JLL
Jones Lang LaSalle’s UK retail outlook for the second quarter of 2010 has found that internet sales were up 15% on March last year
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Markets
Vinoly’s £1bn scheme could take the Blues away
For the summer at least, the City of Manchester Stadium will fall silent. The end of the football season means that fans of Manchester City can dream of Champions League success next time around under their Abu Dhabi chairman, Khaldoon Al Mubarak, who is also the head of Mubadala Development ...
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Professional
Linpac Mouldings v Aviva Life & Pensions UK (22.04.10)
Tenant breaks: This time it’s personal
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Online
HSBC property chief quits for Barclays
Vivienne Grafton, global head of corporate real estate at HSBC, has been poached by rival bank Barclays Capital.
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Online
Grant Shapps appointed housing minister
Conservative MP Grant Shapps has been named new housing minister by the Conservative-Liberal Democrat coalition government.
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Online
Pooled funds raised £2bn in first quarter
Pooled property funds raised £2bn of new money in the first quarter, the second highest-ever figure after the £3.2bn raised in the previous quarter.
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Online
Orchard Street sells at 4.69%
Orchard Street Investment Management has sold Royal Avenue House on the King’s Road in Chelsea for just over £30m.
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Online
ACES conference: Councils must look at selling property
Local authorities must push ahead with asset sales whether or not central government demands it, the president of the Association of Chief Estates Surveyors said today.
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Online
ACES conference: Liverpool needs two new stadiums
The stadiums of football clubs Liverpool and Everton need to be replaced ahead of a bid for the 2018 World Cup, Liverpool council’s regeneration director said this afternoon.
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Online
Doubled CGT impact will be "less than expected"
Companies will be able to mitigate the impact of the government's plan to double capital gains tax so the impact will "not be as great as first imagined", DTZ said today.
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Online
Matrix hires former JP Morgan Cazenove team
Matrix has hired a former JP Morgan Cazenove senior investment banking team as it expands further into the real estate sector.
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Online
DJD Crane Survey: No new development starts in City - but leasing activity picks up
There were no new development starts in the City of London over the last six months but leasing activity is picking up, Drivers Jonas Deloitte said today.
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Online
Sainsbury's sees £2.3bn property value rise
Sainsbury’s property portfolio has risen in value by £2.3bn, the supermarket chain reported today.