All Property Week articles in 15 October 1999 – Page 3
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News
North to get new ‘Stockley Park’
A £200m plan to create a Stockley Park of the north next to Manchester Airport has fallen into place following the removal of one of the scheme s final obstacles. Green Property and Arlington Securities are considering joining forces with Manchester City Council to create ...
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News
Peel in £600m bond issue
Two weeks after shelving attempts to take itself private, Peel Holdings has revealed it is raising £600m from a securitisation of the Trafford Centre near Manchester. The bonds will be secured against future rental income from the 126,400 sq m (1.36m sq ft) retail and leisure centre. ...
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News
ISG’s occupier focus pushes profits up 48%
Serviced office providers Regus and HQ Global Workplaces may be frustrated in their corporate ambitions, but Interior Services Group , which has a similar occupier focus, is racing ahead. The AIM-listed group increased pre-tax profits by 48% to £4.3m in the year to 30 June. The gross value ...
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News
Portfolio wraps up £40m spree
Portfolio Holdings, the property investment group owned by Apollo Real Estate and Roger Orf s Pelham Partners, has concluded a £40m spending spree. As tipped in Property Week (27 August), the group joined forces with Belvedere Smith Portfolio to clinch purchase of the Healey & Baker HQ at 25-27 ...
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News
HQ pulls £310m float in new serviced offices blow
Two weeks after Regus' shock decision, US group shelves plans to go public.
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News
Didcot powers up for £30m regeneration plan
Taylor Woodrow Property has rolled out plans for the £30m regeneration of Didcot Town Centre . The developer, in association with South Oxfordshire District Council, launched its proposals last week. It plans to construct new public facilities, including a town hall, town square and library, alongside a pedestrianised ...
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News
Belfast riverfront site makes £23m splash
Competition for development land in Belfast hit new levels last week when Dunloe Ewart bought one of the last riverfront sites for £23m. The 6.5ha (16 acre) Howden Sirocco site went for £3m above quoting the highest price paid for a Northern Ireland development site, suggest ...
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News
Smart move nets MEPC £180m
MEPC s £200m property deal with GE Capital this week has given the company £180m of cash for future investment and a half-share in any upside from the portfolio. MEPC has sold 31 properties mainly remnants of the PSIT portfolio bought in 1987 into ...
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News
Occupier set to snatch £100m Victoria block
PA Consulting is set to outbid a consortium of funds to acquire a prime £100m slice of London s Victoria office market. The management consultant, which occupies the offices, is understood to have submitted a knockout proposal to beat Mercury Asset Management and hermes . Sources suggest that the funds ...
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