All Property Week articles in 15 March 2019
View all stories from this issue.
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Online
Sports Direct calls for Debenhams vote on Ashley
Sports Direct has called for a vote on appointing Mike Ashley to the board of Debenhams via a general meeting.
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DWS Europe II purchases Dublin retail site
DWS has purchased a retail property at 7-9 Henry Street, Dublin on behalf of its Europe II fund, bringing the fund’s gross asset value to €500m (£433.5m).
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Bolton Council to acquire retail precinct from St Modwen
Bolton Council has revealed plans to acquire the Market Precinct retail scheme in Farnworth town centre from St Modwen.
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Aprirose acquires Holborn Central
Investor Aprirose has acquired retail and office asset Holborn Central from Transport for London (TfL).
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LABS officially launches flagship London office
Co-working provider LABS officially launched its flagship London office yesterday evening.
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NewRiver sells Market Harborough buildings to local council
NewRiver has sold two high street buildings in Market Harborough to the local council for £3.8m, bringing its disposals in the current financial year to £56.7m.
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L&G to fund development of luxury hotel in Cardiff
Legal General has agreed to fund the restoration of the old Post Office building in Cardiff into a luxury hotel in partnership with Welsh Rugby Union and Rightacres Property.
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Kennedy Wilson Europe names new head of UK business
Kennedy Wilson Europe has named Mike Pegler as head of its UK business, a newly created role with overall responsibility for all UK acquisitions and asset management.
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Civitas makes largest deal to date
Civitas Social Housing has made its largest acquisition to date, buying 19 social housing properties for £73.5m.
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Benson Elliot raises over €800m for latest European fund
Benson Elliot Capital Management has raised more than €800m (£693m) for its latest pan-European fund, Benson Elliot Real Estate Partners V (BEREP V).
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Alvarium continues acquisition spree with Iskander buy
Global investment boutique Alvarium Investments has bought asset management group Iskander.
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House builder shares hit by house price slump
News of the biggest slump in house price growth since 2013 saw house builder shares plunge on the FTSE 100 on Wednesday.
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Safestore’s shareholders back revised pay policy
Safestore’s shareholders have backed the company’s revised executive pay policy at its annual general meeting (AGM) although a significant minority still voted against.
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Quadrum puts new House of Commons offices up for sale
Quadrum Global has put 21 Dartmouth Street, where it recently secured a letting to the House of Commons, up for sale for £88.9m.
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Work.Life to open new hub in Soho
Co-working operator Work.Life has agreed to take around 10,000 sq ft of space at 7-12 Noel Street in London’s Soho.
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Shanly Group celebrates 50 years in property with charity draws
Shanly Group is celebrating 50 years in business with the launch of a monthly charity prize draw.
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OakNorth reports triple digit income growth
OakNorth has reported a 113% increase in operating income to £60.1m as its total facilities grow 160% to £2.2bn in 2018.
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Placefirst reveals plans for £27.5m build-to-rent scheme in Bolton
Build-to-rent developer Placefirst has revealed plans for a mixed-use in Bolton as part of a wider regeneration of the town centre.
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JLL appoints Matt Jones to its logistics team
JLL has hired Matt Jones, formerly of CBRE, to join its logistics team under the leadership of Ed Cole.
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Knight Frank appoints Charlotte Boyle as non-executive adviser
Knight Frank has appointed Charlotte Boyle as a non-executive adviser effective as of 1 September this year.