All Property Week articles in 16 December 2011 – Page 6
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Canary vies for 1.5m sq ft Royal Docks scheme
Eight developers have been shortlisted by the London Development Agency for the 35-acre regeneration of Royal Albert Dock in the east of London.
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F&C UK Property Fund hits target with three regional purchases
F C REIT Asset Management has bought three properties for its F C UK Property Fund, bringing the fund to its £50m investment target.
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John Major resigns from MCC in Lord's redevelopment row
Sir John Major has resigned from Marylebone Cricket Club because of “fundamental disagreements” over the redevelopment of Lord’s cricket club.
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Royal London appoints JLL to find Whitgift partner
Royal London Asset Management has appointed Jones Lang LaSalle to find a partner for its redevelopment of the Whitgift Centre in Croydon.
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Lending to fall and repossessions to rise in 2012
Mortgage lending rose by 5% in November, the Council of Mortgage Lenders (CML) said today, but predictions for next year suggest that lending will fall and repossessions will rise.
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Co-Op picked as preferred bidder for 632 Lloyds branches
The Co-Operative Group has been successful in its bid to buy 632 branches being sold by Lloyds Banking Group after being named as its preferred bidder.
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Management buy out of Tamar fund manager
Tamar European Industrial Fund’s (TEIF) investment manager has been bought out by members of its management team.
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Internos takes over Invista European Real Estate Trust mandate
Internos Real Investors today took over the role of investment manager for Invista European Real Estate Trust (IERET).
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Developers appoint Vauxhall Nine Elms chief
A former government adviser is to take up the newly-created role of Vauxhall Nine Elms director, PropertyWeek.com can reveal.
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Unite green light for Stratford student scheme
Student accommodation company Unite Group has been granted planning consent for a 28-storey tower next to Westfield Stratford City.
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Kuwaiti property company completes £176m City deal
Kuwaiti property company St Martins Property Investments has completed its deal to buy 60 Threadneedle Street for £176m, as revealed by Property Week.
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UK property values fall for the first time in nearly two and half years
Values in the UK commercial property market have dropped for the first time in 28 months, according to the IPD UK Monthly Index.
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MWB Group withdraws offer for serviced office provider
Hotel operator MWB Group today announced it would not make an offer for the remaining shares of MWB Business Exchange.
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Administrators appointed to Beetham Birmingham hotel
Administrators have been appointed to a 218-bedroom hotel in Birmingham owned by Stephen Beetham.
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Pradera refinances major polish shopping centre
Pbb Deutsche Pfandbriefbank has provided a € 38.5m loan to Pradera in order to refinance a major Polish shopping centre.
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Creditors lose £820m in Focus DIY administration
The closing down sale at Crewe-based retailer Focus DIY brought in more than £100m for creditors, although unsecured creditors owed more than £820m are unlikely to see any of the cash, TheBusinessDesk.com reported today.
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More high street heartache from La Senza and Thomas Cook
Two high street retailers are taking measures to reduce the amount of shops they own in the face of the gloomy retail environment.
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Punter Southall in 35,200 sq ft Strand letting
Orchard Street Investment Management has let 35,200 sq ft of offices at 11 Strand in London to Punter Southall Group.
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Drivers Jonas Deloitte poaches top Strutts City agents
Drivers Jonas Deloitte has poached two City investment partners from Strutt Parker.
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CLS lodges £400m Vauxhall plans
CLS Holdings yesterday submitted a detailed planning application for a 1.66m sq ft mixed-use development on the site of its headquarters in London’s Vauxhall.