All Property Week articles in 16 November 2018 – Page 2
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Online
Countryside posts leap in annual profit
Housebuilder Countryside Properties has posted a sharp rise in annual profit following continued demand from first-time homebuyers.
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Online
Arcadia wants to "substantially" cut store estate
Sir Philip Green wants to reduce the size of his Arcadia fashion empire “substantially”, but the time until lease expiry on many stores is impeding progress, Property Week can reveal.
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Online
Mesut Ozil's coffee chain scores new London location from Carphone Warehouse
39 Steps Coffee Haus, the specialist coffee chain part owned by Arsenal’s World Cup winning footballer Mesut Ozil, has secured a third London location by taking over a lease from Carphone Warehouse.
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Online
Camden Council invests in extra-care resi
Regeneration specialist Galliford Try Partnerships has signed a development agreement with Camden Council to build an extra-care facility valued at £12.6m and redevelop its existing Charlie Ratchford resource centre.
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News
‘Toxic’ planning deregulation is making people worse off, Raynsford report finds
Planning deregulation is increasing inequality according to the final draft of former Labour housing minister Nick Raynsford’s review of the English planning system.
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Online
Ires REIT agrees €77m forward funding deal for Dublin resi
Irish residential-focused REIT Ires has agreed a pair of forwarding funding deals to acquire part of Dalata’s Tara Towers Hotel site and Alanna Homes’ Hansfield Wood site for a combined €77m (£68.5m).
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Online
Deka makes €460m record Czech shed deal
German investor Deka Immobilien has acquired a logistics portfolio in the Czech Republic for €460m from Czech industrial firm CTP Group.
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Online
Profit falls at Big Yellow
Big Yellow Group, the self-storage group, has reported a 22% drop in profit for the six months to the end of September.
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Online
Grosvenor Group appoints new FD
Grosvenor Group has appointed Robert Davis as its new finance director. He will succeed Nick Scarles who earlier this year was announced as the new chief financial officer at Grosvenor Estate.
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Online
FTSE dampened as Brexit uncertainty continues
LondonMetric’s share price rose 1.14% to 185.9p on Monday after the company continued its exit from retail assets, disposing of its Ipswich retail park for £22m.
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Online
Paris Inn enters Portugal with Mystic purchase
Paris Inn Group has made its first ever investment outside of France with the acquisition of Mystic’s luxury hotel development Le Monumental Palace in Porto.
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Online
Paragon brings consultancy business to Bristol
Consultancy Paragon has made four appointments to form a new Bristol office.
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Online
Native nets Brunner to develop brand strategy for aparthotels
Aparthotel developer Native has hired experienced hotelier Alexandra Brunner as its new chief operating officer.
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Online
Kajima secures Skinner to lead Irish expansion
Developer Kajima has appointed Nigel Skinner as project director to lead a planned expansion in the Irish market.
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Online
Sims steps up to Coyote board
Proptech venture Coyote has appointed Johnnie Sims to its board.
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Markets
Take-up tumbles in the erratic West Midlands logistics market
While other regions have outstripped 2017 figures, the West Midlands seems to be lagging behind.
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News
CORE hire sees GVA’s Thomson join 20 Ropemaker development manager
Former GVA project manager Ed Thomson has been appointed as senior project manager at CORE to lead on its flagship project, 20 Ropemaker.
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Online
Gervaise-Jones steps up as CFO at UPP
Student accommodation specialist University Partnerships Programme appointed Henry Gervaise-Jones as its new chief finance officer.
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Online
GLP launching €2bn logistics fund backed by CPPIB and QuadReal
GLP is partnering with QuadReal Property Group and Canada Pension Plan Investment Board (CPPIB) to launch a €2bn (£1.77bn) logistics fund.
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Online
Sirius to recycle capital in second half
Sirius Real Estate is set to recycle up to £80m of assets in the next six months after already turning around £20m in the first half of the year.