All Property Week articles in 15 December 2017
View all stories from this issue.
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Information
Property Week Digital Edition – 5 January 2018
2018 forecast – Candy brothers case - Double dipping rules – King’s Cross regeneration
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News
IQ Student Accommodation buys Regent portfolio
iQ Student Accommodation has acquired Pure Student Living from LetterOne Treasury Services.
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News
Birmingham’s tallest resi tower approved
Developer Moda has been granted planning permission for the tallest-ever residential tower in Birmingham as part of its £183m Broad Street scheme.
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News
Housebuilders banned from selling leasehold new-build homes
Housebuilders will be banned from selling homes on a leasehold basis, and ground rents for houses and flats will be set to zero under new rules introduced by communities secretary Sajid Javid.
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Online
Aviva Investors completes £145m financing for Lazari
Aviva Investors has completed £145m of finance transactions to support Lazari Investments office deals in prime central London, including refinancing on CBRE’s Henrietta House.
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Online
L&G acquires student sites in Exeter
Legal General Investment Management Real Assets (L G) has bought five student accommodation blocks and an academic facility at Exeter University for £76m.
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Online
Warehouse REIT buys north west portfolio
Warehouse REIT has paid £18.25m for a portfolio of seven industrial assets in the North West of England.
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Online
FTSE dips as traders seek profits
The FTSE 100 ended down 18.87 points at 7525.22 on Wednesday, as traders took profits from recent rises following the approval of US tax cuts in the US.
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News
New CEO for Gazeley as GLP completes buy
Singaporean-listed logistics operator GLP has completed the €2.4bn (£2.12bn) acquisition of Gazeley and has appointed a new chief executive for the European developer.
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Online
Nearly quarter of London homebuyers faced flood risk in 2017
The proportion of homebuyers facing flood risk in London rose from 21% in 2016 to 23% in 2017, according to new research.
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Online
Proptech team-up sees roOomy and Matterport to step into US market
US platform roOomy and immersive 3D company Matterport have announced a collaboration to develop new tech solutions in the real estate industry.
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Online
HouseSimple secures £20m in growth capital
Online estate agency HouseSimple has secured £20m in growth capital, led by existing investors Toscafund Asset Management and Freston Ventures, the private investment vehicle of Carphone Warehouse founder Sir Charles Dunstone.
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Online
Telford takes Walthamstow resi site for £34m
Residential developer Telford Homes has exchanged on a deal with U+I and Parkdale Investments to acquire the 3.16 acre Equipment Works site in Waltham Forest for £33.9m.
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Online
Green light for new energy centre to make Clydebank Scotland's greenest town
Planning permission has been granted for a new energy centre at Queens Quay, the £250m regeneration project on the site of the former John Brown’s shipyard in Clydebank.
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Online
NUS takes McKay's Prospero to over half let
McKay Securities has let the majority of the first floor of Prospero – its 50,370 sq ft office development in Redhill, Surrey – to sustainability specialist NUS Consulting Group.
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Online
M J Mapp gets Grimes from Savills for retail team
M J Mapp has hired former Savills shopping centre property manager George Grimes to boost its retail team.
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Online
Pin rolls with double Runcorn disposal
Pin Property has completed the disposal of two warehouse units totalling 15,824 sq ft in Runcorn.
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Online
Regional REIT raises £73m for double portfolio acquisition
Regional REIT has acquired two office space portfolios spanning the UK after completing a £73m raise from placings and open offers.
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Online
UBS AM appoints Ketterer as new head of real estate
UBS Asset Management has appointed Reto Ketterer as the new head of European real estate for its REPM business.
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Online
Civitas completes £122m supported living acquisitions
Civitas Social Housing has completed the acquisition of 57 specialist supported living and mental health care properties for £116.6m, with a further four exchanged for £4.9m.