All Property Week articles in 15 April 2011 – Page 3
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Markets
Small matters trouble Chester landlords
Floor sizes of city’s historic building stock leaves surfeit of office space
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Markets
Widows shop in Chester
Royal London Mutual Insurance Society has sold 37 and 41 Eastgate Street in Chester city centre to Scottish Widows Unit Funds for £12.35m, reflecting a net initial yield of 4.67%
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Professional
Property leaders cut into localism at CB Richard Ellis event
Property leaders believe policy will ultimately stifle development
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News
Developers line up for Edinburgh’s Carltongate site
Up to three developers are in the frame to rescue a stalled £300m development in Edinburgh city centre. Deloitte, the administrator to Caltongate’s previous owner Mountgrange, has ended talks to sell the 9 acre site to London-based developer Prism
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Markets
Council consolidation on the cards under new chief
Developers in Liverpool could have the chance to pitch to the city council to build a new office headquarters for local authority staff if ideas being considered by the new chief executive, Ged Fitzgerald, come to fruition
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News
Prupim shops in Cardiff
Prupim has bought a £67m Tesco superstore in Cardiff for the M G Secured Property Income Fund. The 150,000 sq ft store at Culverhouse Cross was bought in a 25-year sale and leaseback and is subject to annual Retail Prices Index-linked rent reviews. Prupim and GL Hearn advised M G, ...
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News
Carter Jonas and Jeffersons in Cambridge merger
Carter Jonas is to take over Cambridge-based agency Jeffersons, in a bid to grow the commercial business across the eastern region
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News
Cafe Rwanda
You might think central London needs another coffee shop like a hole in the head, but the latest entrant is a little more interesting than the hot brown water merchants
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News
DevSecs’ Notting Hill buy
Development Securities is close to buying a retail and office block in for £52m Notting Hill in west London. Property Week understands that DevSecs has exchanged contracts with owners William Pears Group and LaSalle Investment Management to buy the 40,000 sq ft Newcombe House for £52m, reflecting a yield of ...
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News
Mellor challenges ‘mugs’ to buy docks
F C Reit and Area market St Katharine Docks with potential for development
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News
Receivers called in at Hayes Business Park
Knight Frank pair appointed receivers as owner defaults on £57m loan
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News
Conspiracy and bugging forgotten as Frontier trio settle
Ray Palmer, Adam Eldred and Andrew Crowther split business amicably
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Professional
Notts students Wing it to Budapest
Anyone taking a property course at Nottingham Trent University has a ready-made network of friends in central Europe. That network helped 44 postgraduate students who carried out a mock appraisal in Budapest (pictured) between 21 and 25 March.
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News
Brucie’s buffer
I see from the first issue of Hammerson’s Open Plan e-newsletter that in his first job as a car washer, London investment portfolio director John Mulqueen used to buff up Bruce Forsyth’s Rolls-Royce. Have any other readers have performed services for celebrities? Please let me know.
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News
Brookland’s Hussain chairs new CMBS committee
Commercial real estate finance body the CRE Finance Council, has set up a commercial mortgage-backed securities (CMBS) committee to promote a new operating framework for CMBS transactions
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News
Tesco and British Land refinance Leicester mall
The Tesco British Land Property Partnership, the 50:50 joint venture between British Land and Tesco, has refinanced its 300,000 sq ft Beaumont Leys Shopping Centre in Leicester
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Markets
Neptune in its element at New Brighton scheme
Developer completes spate of lettings at waterfront scheme
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News
Parlous Portugal’s commercial break
Total returns in 2010 reach three-year best, but experts warn stability will not last
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Markets
Foot Locker boss kickstarts retailer resources hub
The fear among retail property managers whose companies plan international expansion is that they will be defeated by one arcane question when making property presentations before their boards of directors. A director will ask the one awkward question about local shopping habits that make property managers look ill prepared. On ...