All Property Week articles in 17 March 2017 – Page 3
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Online
Mipim 2017: from princes to panthers to properties
Grace Kelly and Prince Rainier met here. It’s where the Pink Panther gang stole $137m of jewels. And today, the Carlton in Cannes is hosting a Brexit discussion lunch.
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Online
Co-op property director to depart after 22 years
The Co-operative Group has announced that its director of commercial and investment property Geoff Player has decided to leave the business after 22 years.
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Online
Berkeley forecasts strong profits
Housebuilder Berkeley Group has predicted profits to be at the top end of forecasts this year, with the London and South East housing market becoming “stabilised”.
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Online
Leeds targets 20,000 new homes
Leeds City Council has confirmed a series of brownfield sites it will use to deliver 20,000 new homes by 2028.
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Online
Unite fund makes £34m acquisition in Durham
Unite Students Accommodation Fund has acquired a £34m asset under development in Durham that will provide a home for 363 students.
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Online
Invesco & Thor sell €115m Champs Élysées retail conversion to AEW
Invesco Real Estate and Thor Equities have sold their 102 Champs Élysées property in Paris to AEW for €115m following an 18-month conversion from nightclub to prime retail outlet.
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Online
Peel submits plans for £160m shed
Peel Logistics has submitted a planning application for a 1.7m sq ft industrial scheme at Haydock Point, St Helens.
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Online
Mipim 2017: helping smaller councils become wiser councils
Another Mipim over. And while most delegates’ thoughts this morning will be occupied with trying to find enough suitcase space for the forest of business cards they’ve gathered, I have no doubt those who have joined us this year from local authorities will be flying home today with new ideas ...
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Online
Harworth raises £27.8m to fund land deals
Harworth has conditionally raised £27.8m to help fund the acquisition of 200 acres of strategic land that could deliver 1,500 residential plots and 600,000 sq ft of commercial space.
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Insight
Three cheers for government endorsement of IPMS
It is pleasing to see the government endorse the use of the International Property Measurement Standard (IPMS) in its State of the Estate Report: 2015 to 2016.
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News
Allsop goes big on leisure
Allsop will offer several big-ticket leisure lots at its March commercial sale, hoping to tap into growing interest in commercial at the expense of residential property.
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News
Acuitus sale to include 34 Scottish lots
More than a third (34) of the 90 properties to be offered at Acuitus’s 30 March sale are located north of the border, as sellers try to capitalise on strong investor interest in £1m-plus Scottish assets.
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Insight
Mood surprisingly relaxed at Mipim
At Mipim, you can usually gauge when the market’s about to hit the skids by the extravagance of the events and number of scantily clad women tottering around.
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News
Harbert and XLB set to sell fully let Farnborough park
US private equity firm Harbert Management Corporation and joint venture partner XLB have appointed agents to find a buyer for Farnborough Business Park, having secured the final tenant at the 125-acre park earlier this month.
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Markets
Yorkshire facing serious shortfall in its supply of industrial stock
The Yorkshire industrial market faces a significant supply/demand imbalance, according to figures from Savills.
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Insight
Hammond has missed a chance to reform rates
Philip Hammond may not have the same propensity for rabbit-conjuring as his predecessor did, but his approach to business rates does have a whiff of March hare madness about it .
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News
TRIUVA in pole position to buy historic Edinburgh store
German institutional investor TRIUVA is closing in on a deal to buy the iconic Jenners building on Edinburgh’s Princes Street for around £55m.
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News
BizSpace hires Smith as development head
Flexible business space provider BizSpace has appointed Pure Offices founder Nick Smith as its new development director.
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Markets
The Moor and a new retail quarter set to put Sheffield back on track
It has taken Sheffield city centre a long time to recover from the blow of Meadowhall shopping centre opening on its doorstep in 1990, but in the past couple of years the ‘steel city’s’ retail offer appears finally to be getting back on track.
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News
‘Normality has returned to market,’ says Auction House
The Auction House network sold a near-record number of lots last month across its auction rooms.