All Property Week articles in 16 December 2011
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Boris’s floating walkway will fail to be delivered before London 2012
One of Boris Johnson’s pet projects will fail to open in time for the Olympics and will be scaled back, after the Port of London Authority blocked plans for a £60m floating “River Park” on the Thames, PropertyWeek.com can reveal.
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Shapps announces another private rented review
Housing Minister Grant Shapps has announced the latest in a string of reviews designed to kickstart institutional investment in the Private Rented Sector.
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Blackstone takes year end industrial deals close to £1bn
US private equity giant Blackstone has exchanged contracts to £479m of industrial property - bringing to a close a bumper week for the sector.
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Tchenguiz wins battle during Serious Fraud Office war
Enterpreneur Vincent Tchenguiz has won a significant battle in his war with the Serious Fraud Office - but continues to be under investigation by authorities.
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Segro chairman supports Cameron over veto
Segro chairman Nigel Rich is among 20 top businessmen who have written to the Financial Times in support of Prime Minister David Cameron’s veto of a new European treaty.
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`No Value' to Blacks Leisure shares
Millets owner Blacks Leisure today warned that it is `most unlikely’ that any value will be attributed to its shares as it undergoes a rescue sale process.
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Savills finds new home at Great Portland scheme
Great Portland Estates has agreed to pre-let the majority of the office space at 33 Margaret Street to Savills.
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Great Portland Estates sells in Savile Row
Great Portland Estates has sold the long leasehold interest in 28-29 Savile Row to Aerium Finance Limited and Allied London.
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Thorntons issue profit warning
High Street confectioner Thorntons issued a profit warning this morning as the economic downturn continues to batter high street retailers.
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Development Securities refinances £37.9m loan with Lloyds
Development Securities has completed a new five-year £37.9m loan with Lloyds Bank Corporate Markets, secured on three shopping centres at Ringwood, Thatcham and Bexleyheath.
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Goodman fund gets new €400m credit facility
ING Bank, BNP Paribas and Royal Bank of Scotland have agreed to be joint arrangers of a revolving €400m credit facility for the Goodman European Logistics Fund.
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SWIP to sell Reading asset
Scottish Widows Investment Partnership is to sell a 110,000 sq ft office building and a development site for a further 400,000 sq ft of offices in Reading.
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Clowes Developments buys Co-op shed
Clowes Developments has announced the completion of a deal to forward purchase a 477,263 sq ft distribution warehouse from Standard Life Investments.
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BAE sells Cheshire site to JCB heir
BAE Systems has confirmed that it has sold its 500-acre Woodford site in Cheshire to a company formed by JCB heir Joe Bamford.
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Solum Regeneration gets planning for Twickenham scheme
Solum Regeneration, a joint venture between Network Rail and Kier Property, has received approval for its proposed residential led scheme in Twickenham.
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Sladen signs 350,000 sq ft warehouse prelet
Distribution company Clipper Logistics has signed what is said to be the biggest prelet for the north-east for a decade, in a major private sector boost for the region.
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Blackstone leads Miller Group refinancing
A division of US private equity giant Blackstone has lead the refinancing and financial restructuring of Miller Group, the UK’s largest private housebuilder.
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Mount Anvil gets Close Brothers support
London residential developer Mount Anvil has received an £8.7m development loan from Close Brothers Property Finance.
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Shortlist for first Olympic homes announced
The shortlisted parties are: East Thames with Countryside Properties Barratt Homes and Le Frak Organisation St James Group Limited (Berkeley) Swan Housing Association alongside Urban Splash, Yoo Mace Notting Hill Housing and United Housing and HTA Taylor Wimpey and London Quadrant The first neighborhood to be ...
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Asian giants complete $1.6bn sheds deal
A joint venture between Singapore-listed Global Logistics Properties and China Investment Corporation has bought a portfolio of 15 sheds in China and Japan for $1.6bn.