All Property Week articles in 16 November 2018
View all stories from this issue.
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Online
Green light for HUB's £250m Maidenhead regen
Developer HUB and landowner Smedvig have received the green light from the Royal Borough of Windsor Maidenhead for a proposed £250m GDV redevelopment of The Landing site in the centre of Maidenhead.
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Stanhope and Network Homes get go-ahead for £200m scheme
Stanhope and Network Homes have been given the green light to deliver their £200m mixed use scheme in Southall, Ealing.
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London Square hires new chief operating officer
London Square has appointed Mark Evans as chief operating officer as the company embarks on a growth plan to deliver a £2bn pipeline and build 1,000 homes a year.
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New logistics partner for Montagu Evans
Montagu Evans has appointed experienced lease advisory specialist John Hulme as a partner to boost its industrial and logistics offering.
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Two thirds of students say accommodation ‘good value for money’
Just over two thirds of students think their accommodation represents good value for money, according to a new survey published by Knight Frank and UCAS.
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M&G secures Equiniti as first tenant at Elder House
M G Real Estate has secured Equiniti Services as the first tenant for its refurbished Elder House office scheme in Weybridge, Surrey.
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Valor completes £50m refinancing
Industrial investor Valor Real Estate Partners has completed a £50m refinancing on a range of UK assets with asset manager MetLife Investment Management.
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Regent's Crescent development receives £350m financing
A group of lenders have provided a £350m financing packaging for a 76-unit residential development project in Marylebone, London, called Regent’s Crescent.
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TR trims European retail property exposure
TR Property Investment Trust has continued to scale back the company’s exposure to European retail property – but has increased its stake in Hammerson so that it now has a neutral position in the stock.
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Co-op eyes London growth with multiple new stores
The Co-operative Group has announced plans to invest close to £10m in a rollout of 12 new grocery retail stores across London before the end of the year.
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Planning experts voice mixed opinions at launch of Raynsford Review
Politicians, planning professionals and local community representatives voiced mixed opinions of the final draft of the Raynsford Review of Planning at its launch at the House of Lords yesterday.
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QuadReal and Round Hill make Dublin BTR buy for JV debut
QuadReal Property Group and Round Hill Capital have agreed to forward purchase a 216-bed build-to-rent development in Dublin to mark the first investment of its Irish residential-focused joint venture.
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Triple hire boosts db symmetry growth
Logistics developer db symmetry has made a trio of hires as part of a planned UK expansion.
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AEW makes £15m converted amusement park and industrial double buy
AEW UK Core Property Fund has acquired The Kursaal in Southend-on-Sea and Grazebrook Industrial Park in Dudley for a combined £14.9m.
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Apollo raises €204m for Tifco hotels acquisition
US fund Apollo Global has completed the acquisition of Irish hotel group Tifco for an estimated €204m (£181.8m).
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Investec backs Warrior acquisition of converted bus depot
Warrior Property Group has secured a loan from Investec Structured Property Finance to finance the £13.5m acquisition of a former bus depot in west London converted into a 51 unit flexible office hub.
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News
PureGym lets 10,000 sq ft unit in Corby
PureGym, the national gym chain, has agreed to a 15-year lease at Corby Town Shopping Willow Place in Northamptonshire.
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Brilliant Basics lets 19,576 sq ft of The Tower at The Bower
Infosys-owned design studio Brilliant Basics has agreed to a 10-year lease on the 10 th and 11 th floors of Helical’s The Tower at The Bower in Old Street at a rent of £72/ sq ft.
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NAV and profit falls at NewRiver
NewRiver REIT has posted a 3% fall in net asset value (NAV) for the first half of its financial year.
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Helical posts half-year rise in NAV and profit
Helical has reported a 3.5% rise in net asset value (NAV) for the first six months of its financial year.