All Property Week articles in 15 January 2021 – Page 4
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McHugh & Co to host first January auction
McHugh Co will host its first January auction in its 38-year history.
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Eskmuir snaps up £45m industrial portfolio from Legal & General
Eskmuir Properties paid £45m for the Lunar Portfolio, a multi-let UK industrial portfolio from Legal General’s Industrial Property Investment Fund.
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NW1 sells logistics portfolio
NW1 Partners has sold its UK last mile logistics portfolio to the InfraRed Urban Logistics Income Fund for around £51m.
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Blackstone in talks to buy Butlin's owner Bourne Leisure for £900m
Blackstone is eyeing a £900m stake in Butlins’ owner Bourne Leisure.
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The Howard de Walden Estate appoints non-exec director
The Howard de Walden Estate has appointed investment expert Karl Sternberg to its board as a non-executive director.
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New hybrid lender/investor launches with £1bn firepower
A new hybrid investor and lender has launched with firepower of £1bn to take advantage of opportunities in the hotel and office sector.
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Cheyne Capital and Mulbury commit £32m to Manchester development
Impact real estate investor Cheyne Capital and North West housing developer Mulbury have confirmed a £32m forward funding deal to finance the building of 144 apartments in Manchester.
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NCP withholds rent from landlords
Car park operator NCP is refusing to pay rent to its landlords.
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Next seen as frontrunner to buy Arcadia Group
Next is currently seen as the leader in the race to buy ailing retailer Arcadia Group, as final bids for the group are due today.
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McKay collects 91% of rents since March 2020
McKay Securities has collected 86% of the first quarter rent, bringing the total for its collection since the end of March 2020 to 91%.
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High rent collection rate allows LXi to increase investor payout
LXi REIT has collected 96% of first quarter rents, allowing it to increase its dividend target.
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Propertyshe Perspectives: Legal drama with Hiscox Action Group, virtual panels and podcasts, the transformation of Paris, Debenhams Oxford Street closure, London as Europe’s leading tech hub
It’s been another week of drama, although this time of a legal nature.
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RICS relents to industry pressure over calls for review
The Royal Institution of Chartered Surveyors (RICS) has succumbed to industry pressure and is ‘revisiting’ the need to hold an independent review of its corporate governance processes
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Jaeger employees to be made redundant
Just over 230 Jaeger employees will be made redundant following M S’s acquisition of the brand, according to media reports.
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Starwood Capital and Alliance Property Group buy Renaissance Manchester site
Starwood Capital and Property Alliance Group have bought the Renaissance Manchester site from Urban Civic for a £200m mixed-use scheme.
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Bruntwood Works and Trafford Council reveal new Stretford masterplan
Bruntwood Works and Trafford Council have revealed plans to transform Stretford Mall and town centre.
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Glasgow City Council approves Strategic Housing Investment Plan
Glasgow City Council has approved its Strategic Housing Investment Plan (SHIP) which will see £470m of grants made available for the delivery of a targeted 4,400 homes.
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BentallGreenOak and Equation Properties buy Orwell Logistics Park
BentallGreenOak and development partner Equation Properties have bought the Orwell Logistics Park near the Port of Felixstowe.
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Supreme Court rules in favour of occupiers in landmark business insurance case
The Supreme Court has ruled in favour of occupiers in a landmark case over whether occupiers of buildings forced to close during the pandemic were entitled to business interruption insurance.
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M7 completes North West office lease renewals
M7 Real Estate has completed a series of lease renewals on 96,600 sq ft of regional office space on behalf of its M7 Real Estate Investment Partners III (M7 REIP III) fund in the North West