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All Property Week articles in 17 October 2014 – Page 3
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OnlinePicton reports NAV up 5.7% as occupancy rises to 94%
Picton Property Income has reported an increase in net assets amid better occupancy levels within its portfolio.
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OnlineLok'nStore profits up 11.6% on revenue of £13.91m
Self-storage group Lok’nStore’s revenues rose by 7.2% to £13.91m in the year to the end of July while pre-tax profit increased by 11.6% to £4.62m.
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OnlineCALA reveals leap in profits and targets threefold increase in turnover
CALA Group, the luxury housebuilder, has revealed a record annual pre-tax profit of £27.3m, more than double last year, and claims to be on track for a three-fold increase in revenue by 2016.
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OnlineAXA Real Estate appoints chief finance officer
AXA Real Estate has appointed Guillaume Spinner as chief financial officer.
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OnlineLocal Shopping REIT chairman departs
Local Shopping REIT’s chairman Grahame Whateley has left the company with immediate effect.
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OnlineKnight Frank appoints chief economist
Knight Frank has appointed James Roberts as its London-based chief economist.
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OnlineBlackstone extends giant European property fund to €6.6bn
Private equity giant Blackstone is extending its European real estate fund by €1.5bn to reach a massive €6.6bn.
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OnlineMIPIM UK: Experts call for joined-up planning
Planning systems need to be more integrated in order to ensure the right development happens in the right places, according to a panel of experts.
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OnlineStirling Prize winner announced
The Everyman Theatre in Liverpool was last night awarded top architecture award, the RIBA Stirling Prize.
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OnlineBattersea Power Station gets green light for third phase
The third phase of the redevelopment of Battersea Power Station has got the thumbs up from Wandsworth Council.
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OnlineTitan wins consent for Manchester office tower
Titan Investors has won planning consent for The Assembly Building, Manchester, a 175,000 sq ft office development in the city centre.
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OnlineBirmingham developer proposes 1,000-unit PRS scheme
Developer Nikal has lodged an application with Birmingham City Council to create 1,000 private-rented apartments at its Exchange Square scheme.
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OnlineGolfrate clinches £20m loan for 11 pubs
London-based property management company Golfrate has clinched a £20m, two-year loan to buy 11 pubs from Punch Taverns and individual investors.
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OnlineYoung's snaps up £10m London pubs
London and South East pub company Young and Co’s Brewery has snapped up four pubs in prime London locations for £10.4m.
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OnlineConsortium buys Aberdeen, Glasgow and Southampton airports for £1bn
A consortium formed by Ferrovial and Macquarie has agreed to buy a clutch of airports from Heathrow Airport Holdings for £1.05bn.
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MarketsNeed to know: Scotland’s new property tax
Scotland introduced a new property tax last week, using the Scottish parliament’s first new taxation powers in more than 300 years.
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InsightHoward's way to reinvent and 'tidy up' Soho
When you think of Soho, you inevitably think of Soho Estates, but it shares ownership of the bulk of one of London’s most ‘bizarre, funny little villages’ with another estate… owned by the King of Soho Paul Raymond’s son, Howard. Liz Hamson met him.
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NewsGuildford station plans readied
A joint venture between Network Rail and Kier Property is about to submit a planning application to bring forward a £150m regeneration of Guildford station. The company, called Solum Regeneration, plans to deliver 445 homes, plus 30,000 sq ft of retail and restaurant space around the station. Sales from the ...
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NewsSales growth has slowed in London — but are rents now under pressure?
Although rents are falling in some pockets of London, it is not all doom and gloom. Hannah Brenton reports
