All Property Week articles in 16 October 2015
View all stories from this issue.
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OnlinePrime Minister launches ‘China cluster’ in Manchester
David Cameron and Chinese president Xi Jinping today announced the launch of a £130m ‘China cluster’ that will provide 484,000 sq ft office space for Chinese businesses around Manchester Airport.
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North East and Tees Valley to have elected mayors
The north east of England and the Tees Valley will be given elected mayors with a raft of new powers, the chancellor George Osborne has revealed.
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OnlineHousing market slowdown hits Foxtons and Travis Perkins
The slowdown in the housing market hit shares in Foxtons and Travis Perkins on Thursday.
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MIPIM UK: Beware the black swan
The property market’s biggest threat is a “black swan” event. That was the message from a panel of experts discussing the question on everybody’s lips at MIPIM UK – Where are we in the property cycle?
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OnlineMIPIM UK: Lister confident about Crossrail Two
Deputy mayor of London Sir Edward Lister has said he is confident of the Crossrail Two rail project going ahead, and has already secured some central government funding towards the initial stages of the project.
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OnlineGreg Clark: Regions must ‘rise to the challenge’ of attracting investment
Communities secretary Greg Clark said regions must be ready to attract investors and take a ‘hard-nosed approach’, in a speech at MIPIM UK.
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OnlineMIPIM UK: BPF launches six-point plan for regional cities
The British Property Federation has published a six-point plan for how local governments can help unlock the potential of regional cities.
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Logistics delivers returns of nearly 20%
UK logistics delivered returns of nearly 20% to investors over the past year, the IPD UK Logistics Investment Report reveals.
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OnlineCBRE and C&W appointed as agents for Two Southbank Place
Almacantar has appointed CBRE and Cushman Wakefield as letting agents for Two Southbank Place at the Shell Centre development site on the South Bank.
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OnlineCairn Homes appoints chief operating officer
Irish housebuilder Cairn Homes has appointed Jude Byrne as chief operating officer.
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OnlineDistiller tots up new Glasgow rent
Scotch whisky company Whyte MacKay has agreed a deal to move into Abstract’s St Vincent Plaza building in Glasgow.
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OnlineSEGRO bullish on full year figures
SEGRO is optimistic about its full year operating performance, it said this morning in a trading update for the period 1 July to 21 October.
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OnlineFoxtons reveals 8.8% revenue increase
Foxtons, the London estate agent, has reported an 8.8% increase in revenues to £43.6m during the three months to 30 September.
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OnlineDevSecs shares slump after fall in NAV
Shares in Development Securities closed down 4.7% after the company reported weaker than expected interim results.
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Chinese investor buys City office
Chinese investor Beijing Capital Development Holdings (BCDH) has agreed a deal to buy Friary Court in the City of London.
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Core city office take-up highest since downturn
The first three quarters of this year has seen the highest city centre and out-of-town take up since the downturn, at 6.9m sq ft, according to Bilfinger GVA’s latest Big Nine report.
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Industrial and logistics take-up tops 17.5m sq ft so far this year
Take-up of UK warehouse space in the first three quarters of 2015 has reached 17.5m sq ft – almost 1m sq ft above the long-term average reported by the third quarter, according to Savills.
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OnlineHammerson launches and prices £350m bond
Hammerson has announced the successful launch and pricing of a ten year £350m bond maturing in 2025, days after completing the €1.85bn acquisition of Project Jewel with Allianz.
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BMO splashes out in Europe
BMO Real Estate Partners has acquired a portfolio of eight assets across Belgium, Germany and the Netherlands for €52m (£38.2m).
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Carter Jonas and Ganly Walters join forces
UK property consultancy Carter Jonas and Irish-based property consultancy Ganly Walters have formed a strategic alliance to drive international expansion.
