All Property Week articles in 17 December 2021 – Page 3
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House prices in London’s suburbs continue to surge, Savills says
Residential property prices in London’s suburbs have surged almost 14% since the start of the pandemic, according to data from Savills.
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Watkin Jones completes £47m Edinburgh deal with Vita Group
Watkin Jones has completed a £47m forward-funding deal with Vita Group for a 285-unit mixed BTR, PBSA and affordable development in Edinburgh.
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Selfridges sold to Central Group and Signa Holding
Selfridges has been sold to a Thai investment group and an Austrian-owned real estate company, in a deal estimated to be worth £4bn.
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PPF sells Manchester office to NatWest for £292m
NatWest has bought its Manchester office One Hardman Boulevard from the UK Pension Protection Fund (PPF) for £292m.
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SEGRO snaps up Slough office portfolio for £425m
SEGRO has acquired a portfolio of offices on the Bath Road, Slough, from clients of AEW for £425m, which it intends to redevelop into data centre, life science and creative industries space.
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NewRiver disposes of Poole Retail Park for £58m
NewRiver and BRAVO Strategies III have disposed of Poole Retail Park in Dorset for £58m.
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Citra Living acquires 150 new homes in Bristol
Citra Living has acquired 150 freehold properties to be built at the 2,000-home Ladden Garden Village development in Bristol as part of the strategic partnership it forged with Barratt Developments in July this year.
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RVG to develop retirement community in Tunbridge Wells
Retirement Villages Group (RVG), owned by AXA IM Real Assets, has acquired a 1.5-acre site in the centre of Tunbridge Wells, on which it intends to develop a new integrated retirement community.
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Conygar completes sale of Birmingham industrial units for £7.2m
The Conygar Investment Company has sold industrial units in Selly Oak, Birmingham, for £7.17m to an unnamed student accommodation provider.
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Valor snaps up 500,000 sq ft of London industrial space in £250m spending spree
Valor Real Estate has purchased 500,000 sq ft of industrial space completing six acquisitions in core London submarkets for a total of £250m.
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Impact Healthcare REIT acquires three care homes for £14.3m
Impact Healthcare REIT has acquired three care homes in Scotland and Northern Ireland for a total of £14.3m.
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LaSalle acquires FedEx logistics property in Paris
LaSalle has acquired FedEx Alfortville, a cross-docking warehouse facility located in an urban logistics hub on the outskirts of Paris.
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Trammell Crow submits plans for Sheffield logistics facility
Trammell Crow Company (TCC) has submitted a planning application to Sheffield City Council to develop the former Betafence site at Shepcote Lane in Sheffield, which closed to manufacturing in November 2018.
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London hoteliers should remain optimistic as profitability improves by 37%
London hotel operators have been told to remain optimistic, as new figures from Knight Frank show that month-on-month profitability has improved by 37%.
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Countryside partners with Homes England on Harrogate resi scheme
Countryside has partnered with Homes England to deliver up to 200 homes on the site of a former police training centre just off Yew Tree Lane in Harrogate.
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Hanovia signs new lease at Slough Trading Estate
Hanovia has agreed a deal to lease additional space at SEGRO’s Slough Trading Estate.
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EQT Exeter closes €3bn logistics portfolio sales
EQT Exeter has closed a €3bn (£2.6bn), 2.2m sq m logistics portfolio sale to an unnamed buyer on behalf of its private real estate fund EQT Exeter European Value Venture III
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HIG recapitalises 20 Carlton House Terrace office redevelopment
HIG Capital is recapitalising 20 Carlton House Terrace, a 160,000 sq ft office building in St James’s, London.
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Countryside and Bellway complete Salford golf club purchase
Countryside and Bellway Homes have completed the purchase of Brackley Golf Course in Little Hulton, Salford, for an undisclosed price.
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Taylor Wimpey removes ‘unfair’ ground rent terms for leaseholders
Taylor Wimpey has voluntarily given formal commitments to the Competition and Markets Authority (CMA) to remove terms from leasehold contracts that cause ground rents to double in price every 10 years.