All Property Week articles in 15 April 2011 – Page 6
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Lunson Mitchenall/BCSC: Shopping Centre Development Pipeline 2011
The last two years have seen a radical change in the opportunities for retailled development. The stark consequences of the UK banking crisis, combined with falling capital values and consumer demand has had a profound effect.
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Standard Life Investments Property Income Trust enjoys 11% NAV per share increase
Standard Life Investments Property Income Trust enjoyed an 11% increase in net asset value p[r share over 2010 - with an increase in value of its portfolio offset by movements the value of interest rate swaps.
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John Lewis at Home to open in Tamworth
John Lewis is planning a 42,000 sq ft store under its “at Home” brand at a retail park to the north of Birmingham.
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Lok’nStore trebles profits
Lok’nStore, the self-storage company, trebled profits in the first half of its financial year thanks to a rise in occupancy and margins
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Ronson consortium frontrunner to buy Murco petrol stations
Gerald Ronson is among a consortium of investors vying for control of petrol station operator Murco UK.
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NAMA must give McKillen fair hearing before taking control of loans
Dublin’s Supreme Court yesterday ruled that Ireland’s National Asset Management Agency (NAMA) must give developer Paddy McKillen a fair hearing if it is to take over €2bn worth of his bank loans.
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MORNING AFTER: London Marathon pub quiz raises over £1,000 for Shelter
Last night’s London Marathon Charity Pub Quiz, in aid of Shelter, made a massive £1,280.45 - with big spenders on the night taking home prizes ranging from Take That tickets to surf lessons.
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Avoiding negligence claims: the steps all expert witnesses must now take
Even the most cautious of experts will be anxious as to what the practical ramifications of the Jones v Kaney decision in the Supreme Court will be.
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NAMA to become mortgage lender
Ireland’s National Asset Management Agency (NAMA) has proposed a scheme for the provision of mortgage finance to banks
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Galliford and Home preferred for Gateshead resi plan
Evolution Gateshead, a joint venture between housebuilder Galliford Try and affordable housing provider Home Group, has been appointed preferred bidder for a £347m Gateshead housing programme.
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“Cautious” JD Sports reports 28% profit rise
Retailer JD Sports today reported a 28% increase in pre-tax profits, but warned that it was “very cautious in its outlook”.
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BNP PRE poaches BT big gun
BNP Paribas Real Estate has appointed BT’s former head of global real estate to help expand its UK client solutions team.
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Hansteen plans £150m cash-raising
Hansteen Holdings has proposed a £147m capital-raising through the offer of 185.2m new ordinary shares to fund industrial investment in the UK and continental Europe.
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Savills and Silverpeak Real Estate Partners form North America JV
Savills has formed a joint venture with investment advisory business Silverpeak Real Estate Partners, creating Savills Liberty Street Asset Management, an asset management company that will serve its global client base in North America.
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Goodman and APG make €1.1bn bid for ProLogis European Properties
Goodman, the global industrial property group, has teamed up with giant Dutch pension fund manager APG to make a €1.14bn bid for Euronext-listed ProLogis European Properties.
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DHL moves in at G.Park, Liverpool
DHL has signed a deal with Gazeley to take a 360,000 sq ft warehouse at G.Park Liverpool.
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Prupim purchases £67m Tesco Superstore
Prupim has completed the purchase of a 150,000 sq ft Tesco Superstore in Culverhouse Cross, Cardiff.
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One New Change 73% let after deal
Land Securities have announced that SMBC Nikko Capital Markets Ltd, a subsidiary of Sumitomo Mitsui Banking Corporation, has signed a lease for 34,558 sq ft of office space at Cheapside’s retail and office complex One New Change. The deal follows similar moves by other tenants: CME, Friends Provident and K ...
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Shell to find ‘Meanwhile’ use for London HQ land
Royal Dutch Shell has today announced plans to bring a new temporary use to the 43,000 sq ft of space that surrounds the Shell Centre on London’s South Bank.
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JLL's head of western corridor quits
Jones Lang LaSalle’s head of western corridor, Guy Parkes, has left the company.