All Property Week articles in 16 December 2011 – Page 2
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Online
Listed property company considers sale options
A listed major buyer of public sector property assets is considering putting itself up for sale because it is trading at a large discount to net asset value.
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Online
Conygar buys portfolio at 10%
AIM-listed property company Conygar has bought a mixed property portfolio for £40m, a yield of 10.6%.
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Online
Travelodge to target 146 new locations
Hotel operator Travelodge has today said that it was on the hunt for property in 146 new locations, as well as having exchanged on 44 properties in 2011.
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Online
HMV sales slump casts doubts over future trading
Struggling retailer HMV has warned that turbulent economic conditions “may cast significant doubt” on the company’s ability to continue as a going concern.
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Online
Kwoks to take 50% stake in Earls Court first phase
Capital Counties Properties is to create a £130m joint venture with a wealthy Far Eastern family to develop the first phase of homes at Seagrave Road in west London’s Earls Court.
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Online
Segro and Moorfield complete £314m logistics deal
A Segro and Moorfield joint venture this morning announced it had completed the purchase of a £314.7m logistics portfolio from Legal General, Hermes Real Estate and LaSalle Investment Management, as tipped by PropertyWeek.com.
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Online
Call centre company in massive Derby letting
Herotsc, one of the UK’s largest call centre companies, has confirmed it will be taking over part of Egg’s former headquarter building in Derby. The deal represents one of the biggest regional office lettings this year.
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Online
Orchard Street completes Cambridge acquistion
Orchard Street Investment Management has completed the acquisition of St Andrews House and Radio House in Cambridge from AXA Real Estate for £15.15m.
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Online
Legal and General secures Godalming letting
Legal General Property has let its entire Friary House building at Station Road, Godalming, to Hotelplan, the parent company of specialist tour operators Inghams, Inntravel, Esprit Holidays and Ski Total.
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Online
Goodman to develop German hub for Amazon
Goodman has signed up to develop two logistics centres in Germany for online retailer Amazon.
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Online
Saatchi's Midtown deal falters
Prupim’s Waterhouse Square in London’s Holborn is now believed to be “fully available”, after plans faltered to let the iconic building to advertising giant Saatchi Saatchi.
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Online
Sports Direct withdraws offer for Blacks Leisure
Sports Direct has withdrawn its offer to buy struggling retailer Blacks Leisure.
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News
Stainton returns to UK
Hugo Jackson’s Stainton International has made its first purchase in the UK for four years.
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News
TIAA-CREF peps up portfolio
US pension fund TIAA-CREF has bought the Pep shopping centre in Munich from RREEF for €400m.
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Professional
Neighbour takes steps to sever relations
The message Protect informal rights over registered land at the Land Registry.
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Professional
Upwardly mobile
Ryan Harding, a pupil at St Thomas More Language College in Chelsea, is pictured here with Colliers International chairman Sir John Ritblat at the agency’s Green Focus awards.
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Markets
Steak restaurants sear into meat-lovers’ minds …
David Hatcher explains why steakhouses and premium burger outlets are proliferating and, below, reveals why Londoners are increasingly waking up and smelling the artisan coffee
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Insight
Some light and not-so-light reading to place under the tree this year
The property crash continued to provide material for Alan Glynn in his latest novel Bloodland, a follow-up to 2009’s Winterland.
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Insight
Meanwhile London: We have lift off!
Property Week, Boris Johnson and Newham Council’s Meanwhile London competition moves closer to fruition as all four winners gear up to start work on site in the new year. Lee Mallett reports
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News
Portas’s review has out-of-town retail in its sights
Fears expressed over “exceptional sign-off” proposal for any new developments