All Property Week articles in 16 June 2017 – Page 2
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Dolphin Living announces bond offering 4.25%
Dolphin Living has announced the launch of The Dolphin Square Charitable Foundation Retail Charity Bond offering 4.25% due 6 Jul 2026.
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Hammerson achieves first ever retail park BREEAM outstanding rating
Hammerson’s Elliott’s Field in Rugby has become the first retail park in the world to achieve a BREEAM outstanding rating.
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WeWork picks Manchester for first location outside London
Flexible office provider WeWork is set to open its first UK office outside of London after taking a pre-let at Allied London’s No.1 Spinningfields in Manchester.
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Berkeley profits rocket as Pidgley criticises affordable housing quotas
Upmarket housebuilder Berkeley Group has posted a 53% leap in pre-tax profit for the year to 30 April and said it was on target to deliver at least £3bn of profit in the five years from 1 May 2016.
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Dixon share sale send IWG shares down 7%
Regus founder Mark Dixon has cashed in £94.2m following the sale of 27.3m shares in the FTSE 250 company, now called IWG, sending the firm’s shares down 7%.
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Co-heads of real estate chosen ahead of Standard Life and Aberdeen merger
David Paine and Pertti Vanhanen are set to become global co-heads of real estate at the combined investment management businesses of Standard Life and Aberdeen Asset Management.
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British Land agrees first flexible office deal for 25,000 sq ft
British Land has signed up DIY retail group Kingfisher to take 25,000 sq ft at 2 Finsbury Avenue, Broadgate, in the property company’s first flexible workspace deal.
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Oil prices weigh on FTSE 100
FTSE 100 shares fell 0.7% to 7,473 points on Tuesday, as oil prices fell to their lowest level since November.
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Assura raises £98.4m in share placing
Assura has raised about £98.4m via a share placing to fund new acquisitions and development activity.
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Ho Bee Land acquires City office for £129.3m
Stream Field Investments, a wholly owned subsidiary of Ho Bee Land, has acquired the freehold interest in 67 Lombard Street in the City of London for £129.3m.
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Zorin Finance expands team with two key hires
Zorin Finance has announced two new appointments with Colin Chung hired in the credit risk team and Katy Katani as the head of business development.
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Northern Trust adds 90,000 sq ft to industrial portfolio
Northern Trust has added 90,000 sq ft of industrial accommodation to its North East portfolio as well as a development site of 5 acres.
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Green light for Hermes' £18m Farnborough Aerospace refurb
Planning consent has been granted to Hermes Investment Management for the £18m refurbishment of the Ascent Buildings in the Farnborough Aerospace Centre
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World’s Biggest Property Bike Ride Blog: the final countdown
There are only two days left before over 800 cyclists come together to embark on the World’s Biggest Property Bike Ride - and chairman of EMEA retail at CBRE, Malcolm Dalgleish, tells us about his excitement ahead of his third participation.
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Ford to open innovation office in London to develop 'smart' driving technology
Automotive giant Ford will open a dedicated Ford Smart Mobility Innovation Office at Here East in Stratford, London.
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Supermarket Income seeks £200m float
Serial entrepreneur Nick Hewson is set to bring his latest venture to the stock market as he seeks to raise £200m for the flotation of Supermarket Income on the main market of the London Stock Exchange.
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GPE spends £50m in Whitechapel
Great Portland Estates (GPE) has bought land and buildings in Whitechapel, London for £49.6m from Hermes Investment Management.
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Retail shares jump after Amazon’s Whole Foods buy
Retail shares were up on Monday following Amazon’s $13.7bn (£10.7bn) acquisition of organic foods specialist Whole Foods.
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Carlyle Group enters serviced office market
The Carlyle Group has entered the London flexible office and co-working sector, having completed three initial acquisitions.
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Custodian REIT acquires £5.1m Wells Greens Retail Park
Custodian REIT has acquired Wells Green Retail Park in Sheldon for £5.1m.