All Property Week articles in 16 October 2020 – Page 3
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Lothbury disposes of City of London retail units for more than £11m
Lothbury Investment Management on behalf of Lothbury Property Trust has sold two retail units on Cheapside for more than £11m, Property Week can reveal.
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Estate Agency Aston Chase announce £175m in sales since May 2020
Estate agency Aston Chase has announced they made £175m in sales, on residential property, starting from May 2020.
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Verona Group expands its industrial space with unit deal at Nimbus Park, Doncaster
Verona Group has leased a 106,000 sq ft unit with developers Sladen Estates, at Nimbus Park in Doncaster.
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Top restaurant chef launches first solo venture
Andy Beynon, who has worked at some of London’s top restaurants, is opening his first solo venture in London Fields called Behind.
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Cheeky Burger signs for first permanent site
Cheeky Burger has acquired its first permanent site in south-east London.
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Telereal Trillium sells Swindon redevelopment scheme
Telereal Trillium has sold its North Star House office building in Swindon to developer Shaviram Group, which will now take redevelopment plans for the scheme forwards.
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Over two thirds of pension funds plan to increase renewable investment
Some 68% of UK pension fund investors intend to ramp up investment in renewable energy infrastructure over the next five years, according to a survey from Alpha Real Capital.
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Former London JLL agents set up Situu
Four former senior JLL agents have set up their own commercial property firm, Situu.
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City of London wants 20% of office tenants to be new
The City of London Corporation wants 20% of office tenants to be new businesses to the City by 2025 through transforming vacant retail spaces into “affordable hubs for start-ups”.
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Ringley Group launches Ringley Prime
The Ringley Group has announced the launch of its new estate and block management service focused on luxury London properties, Ringley Prime.
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Gaming retailer to open 100 stores over next two years
Scottish retailer Geek Retreat, which specialises in “all things geeky” is planning to open another 100 stores over the next two years despite huge challenges facing the high street.
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Bellway resumes dividend despite plummeting profit
Housebuilder Bellway is to resume its dividend payments to investors despite a 64% fall in profit during the year to the end of July.
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LXi continues portfolio shake-up
LXi REIT has made another £17m worth of asset sales and paid £15m for two foodstores as part of its ongoing portfolio management programme.
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The Braidwater Group reveals plans for £450m Derry resi scheme
Housebuilder The Braidwater Group has revealed plans for a £450m residential scheme in Derry-Londonderry.
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M&G’s Quartermile 3 under offer to German investors
Quartermile 3 in Edinburgh is under offer to German investor KanAm in excess of the asking price, Property Week can reveal.
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Welsh non-essential business to close in two-week lockdown
All non-essential businesses in Wales have been ordered to close from Friday as part of a two-week lockdown.
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W R Berkley to sell The Scalpel
Insurance giant W R Berkley has appointed agents to sell its City of London tower the Scalpel, Property Week can reveal.
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CBRE hires Ben Almond from Pearson
CBRE has hired Pearson’s global head of property Ben Almond.
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Scottish investment picks up in Q3 after dismal Q2
Commercial property investment in Scotland picked up in Q3 this year after investment levels plunged in Q2.
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Enra completes £268m portfolio securitisation
Enra Specialist Finance has completed a securitisation of a £268m portfolio of residential mortgages.