All Property Week articles in 15 December 2017 – Page 3
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St Modwen completes £475m refinancing
St Modwen Properties has completed a refinancing strategy with a new £475m unsecured revolving credit facility.
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US tax reform boosts FTSE
The FTSE 100 gained 0.62% to stand at 7,537.01 on Monday amid expectations the US tax reform bill will soon be passed.
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Green light for Harmony to turn on 49.5MW battery storage facility
Harmony Energy has secured permission from East Riding of Yorkshire Council for the construction of a 49.5MW battery storage facility.
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M7 bags Marble portfolio for £117m
M7 Real Estate has acquired 92 primarily UK regional multi-let assets comprising the Marble Portfolio and M7 REIP II for £117m.
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Bailey is new main man from Arkle
Asset finance specialist Arkle Finance has appointed Daniel Bailey as it new managing director.
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New valuations expert for Vail Williams
Vail Williams has appointed valuations expert Chris Wright as an associate in its Southampton office.
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INTERNOS makes double senior promotion in Germany
Pan-European real estate fund manager INTERNOS has announced two promotions in its German team with Sebastian Lietsch and Marcus Sälinger becoming new heads of asset management.
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BizSpace acquires former Body Shop HQ
Flexible workspace provider BizSpace has acquired a 30,000 sq ft office building in Littlehampton, which formerly acted as the Body Shop’s original UK headquarters.
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L&G Homes acquires 78-acre residential site in Oxfordshire
Legal General has acquired a 78-acre site in Shrivenham, Oxfordshire with outline planning for 515 homes and a gross development value in excess of £150m.
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Historic deal sees Bowling Green acquire Stonehenge Holiday Inn for £12.5m
Bowling Green Asset Management has completed its second branded hotel acquisition of 2017, a luxury 103-room Holiday Inn located close to Stonehenge.
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Enterprise Foods quadruples business with CEG lease
Enterprise Foods has taken a five-year lease at CEG’s Arrow Trading Estate in Manchester to quadruple the size of its operation.
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Aprirose acquires Reading hotel
Aprirose has acquired the Hilton hotel in Reading from M G Real Estate for £27.75m.
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GPU picks Manchester office site
The Government Property Unit (GPU) has selected its Manchester site.
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Green light for Projekt 42 to improve Scottish mental health
Scottish mental health charity Projekt 42 has secured planning permission to open a first health and wellbeing centre on Halmyre Street in Leith for 2018.
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ABP sells Royal Albert Dock offices
Royal Albert Dock developer ABP has sold a series of office buildings at the eats London project.
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Christmas Markets – festive fun and planning buffers
The festive season is here and Christmas markets are going up in the four corners of London and in towns and cities across the UK.
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Kingboard snaps up KPMG HQ for £400m
KPMG has exchanged contracts to sell and lease back its London headquarters, 15 Canada Square in Canary Wharf, to Kingboard Investments for around £400m.
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Triple Point secures six supported housing assets
Triple Point Social Housing REIT has completed the acquisition of six supported housing properties across Lancashire and Sussex for £10.7m.
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Charles to lead AXA IM in Europe
AXA IM - Real Assets has made three senior promotions that will see Nathalie Charles, Amal del Monaco and Xavier Ramette take on new responsibilities.