All Property Week articles in 14 October 2016 – Page 4
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Online
M7 acquires €213m in Europe
M7 Real Estate has acquired €213m (£192.5m) of assets in Finland, Germany and the Netherlands, on behalf of M7 European Real Estate Investment Partners IV (M7 EREIP IV).
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Online
Royal London signs trio to Westway Cross
Royal London has struck deals with M S Foodhall, JD Sports and EE to lease space at the Westway Cross Shopping Park in Greenford, west London.
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Online
Peel gets consent for £1bn Trafford Waters scheme
Peel Land Property’s plans to develop a new neighbourhood in Manchester comprising 3,000 homes and over 100,000 sq ft of commercial space has been given the green light.
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Online
APG takes 75% stake in Edinburgh's St James Centre
Dutch pension fund APG has entered into a joint venture with TH Real Estate to develop the £1bn St James Centre scheme in Edinburgh.
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Online
Acuitus auction sales breaks £70m
Acuitus’s largest-ever commercial property auction saw the sale of £70.61m of assets as investors continue to be attracted by the income returns and development opportunities that the sector offers.
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Insight
Don’t read too much into John Lewis Partnership’s results
It is easy to look at the John Lewis Partnership and conclude that its golden era is over.
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Markets
Drake Circus expansion to bring flotilla of leisure to Plymouth
Plymouth’s retail reawakening has been given a further boost with plans by British Land to expand Drake Circus shopping centre.
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Information
Online retailers left smiling after rates revamp
Online retailers are among the few winners from the government’s business rates revaluation, as the major logistics parks they use for distribution are set to see falls in their rateable values.
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Online
Gym brand signs up to Glasgow business campus
Gym brand Sweat! has taken a 21,500 sq ft unit at Glasgow business campus Skypark.
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Online
Atkins to join Whitbread board
Hammerson chief executive David Atkins has been appointed to the board of Whitbread.
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Online
Man Group enters US homes market with Aalto buyout
Man Group, the world’s largest listed hedge fund, is to enter the US homes market with the acquistion of Aalto Invest Holding.
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Online
Miners drag down FTSE 100
The FTSE 100 was dragged down on Thursday by a sharp fall in mining stocks caused by disappointing economic data from China.
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Online
Inland Homes produces jump in NAV, but annual profit drops
Inland Homes, the AIM-listed housebuilder, has reported a 30% rise in net asset value (NAV) for the year to 30 June.
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Online
Tritax raises £350m in oversubscribed issue
Tritax Big Box REIT has exceeded expectations in its latest fund raising, with a share issue bringing in £350m of funds to the logistics giant.
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Insight
The strength of the dragon
Having read Jeremy Grey’s letter about the UK impact on Mipim Japan , I wanted to highlight how Wales making its first-ever appearance at Mipim UK later this month will showcase our nation as a leading destination for investment among industry leaders.
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News
Investment slowdown and Brexit dominate Expo Real
The backdrop to this year’s Expo Real in Munich was very different from last year’s.
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Insight
Property fired up over #ratesdebate
With the government pressing ahead with a major shake-up of the business rates system alongside a long overdue revaluation, @PropertyWeek and @BNPPRE_UK (BNP ParibasReal Estate) hosted a Twitter debate to gauge the industry’s reaction.
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Insight
Javid talks tough on NIMBYs but industry is unconvinced
“Everyone agrees we need to build more homes, but too many of us object to them being built next to us. We’ve got to change that attitude.”
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Markets
Office developers must act fast to prevent shortfall in Leeds market
The Leeds office market faces a significant shortfall in office stock unless developers act swiftly, CBRE warns in a new report.
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Markets
Industrial rides high in Bristol area
Take-up of industrial space in the greater Bristol area has been high so far this year, bolstered by a couple of key deals, including The Range’s decision to locate its new 1.2m sq ft regional distribution centre in Avonmouth.