All Property Week articles in 16 August 2019 – Page 2
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Trio of lettings at Manchester’s Corner Block
CBRE and Cushman Wakefield have made a trio of lettings at the Grade A Manchester office building Corner Block.
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Barton Willmore gets the go ahead on mixed use scheme
Barton Willmore has secured planning permission for a 2,000 home mixed-use development in south Taunton on behalf of a consortium of homebuilders including Taylor Wimpey, Bovis Homes and Summerfield Developments.
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Ares raises €1.78bn for European real estate fund
Ares has raised €1.78bn for its latest European real estate fund, comfortably exceeding its fundraising target of €1.25bn.
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UK’s first ‘wind guidelines’ introduced in City of London
The City of London Corporation has drawn up wind microclimate guidelines for new development proposals in the Square Mile.
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U+I’s head of regeneration leaves after 22 years
Simon Hesketh, U+I’s director of regeneration and member of the company’s executive committee, has left the business, Property Week can reveal.
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Matterport hires five in European expansion
Five new hires are joining 3D capture and virtual reality proptech firm Matterport’s UK office as it prepares to expand in Europe.
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90 North and Audacia Capital acquire offices in the Netherlands
90 North Real Estate Partners and Audacia Capital have jointly acquired two headquarter offices in Hoofddorp in the Netherlands for around €100m (£92m).
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citizenM set to open fourth London hotel
citizenM has acquired a site for a 226-room modular hotel in London Victoria, which is due to open in 2021.
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Netflix takes 134,000 sq ft production centre in Uxbridge
Netflix has signed a deal with Aviva Investors for a 134,000 sq ft production facility at the institution’s Uxbridge Industrial Park.
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Red Oak Taverns buys 18-pub portfolio
Red Oak Taverns is set to acquire 18 pubs after receiving funding from OakNorth Bank.
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Profit and revenue dips as Persimmon focuses on customer service improvements
Housebuilder Persimmon has posted a fall in profit in the first half of the year as it focuses on improving customer service after a raft of complaints about the quality of its homes.
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Empiric’s student digs break through £1bn valuation barrier
Empiric Student Property’s portfolio has broken the £1bn valuation barrier as it posted improved figures across the board in its results for the six months to the end of June.
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RDI completes serviced office refinancing
RDI REIT has completed the second and final stage of its £75m London serviced office portfolio refinancing.
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Aviva Investors lends DWS £236m for Vita Student portfolio
Aviva Investors partially financed DWS’s £600m acquisition of a portfolio of Vita Group’s student accommodation assets around the UK, the investor has announced.
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Hong Kong developer agrees to buy Greene King
CK Asset Holdings, the Hong Kong-based property developer that bought 5 Broadgate for £1bn last year, has agreed to buy pub group Greene King in a £2.7bn deal.
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RESIcast: Later living set to be next major UK residential asset class
During an uncertain time in the worlds of tech and retail, the only predictable outcome is that everyone will get old. Demographic shifts across the world mean that working age populations are set to fall in most European cities. The upside is that this will create universal demand for retirement ...
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The ode less travelled
The executive director of Savills’ hotels and leisure division has put his years of field research to good use with a book of comic verse about holidays gone wrong.
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Uber on lookout for new London office
Uber has appointed agents to help it find a new office in London.
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Basingstoke retail park sold for £21m
Corum Asset Management has bought Gastons Wood Retail Park in Basingstoke from Aberdeen Standard Investments for £20.7m.
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Plans submitted for 3m sq ft Jaguar Land Rover campus
IM Properties has submitted plans for a 3m sq ft campus for Jaguar Land Rover in North West Leicestershire.
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