All Property Week articles in 18 December 2009 – Page 6
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Government stumps up £311m for housing in the North and Midlands
The government has allocated a £311m pot of cash to inject into housing regeneration underway in the North and the Midlands next year.
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L&G buys two Edinburgh assets
Legal & General Property has bought two assets in Edinburgh for a total of £17.5m.
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DTZ forecasts office rent hikes
Offices will lead a return to rental growth over the next five years across European property markets, according to a forecast by DTZ.
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L&G buys Covent Garden portfolio
Legal & General has bought £119.5m of Covent Garden properties from ING Covent Garden Limited Partnership.
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British Property Federation hits back over retail support claim
The British Property Federation has hit back at the British Retail Consortium which questioned how much support the property industry has provided to retail occupiers during the recession.
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LaSalle buys retail park in Torquay
LaSalle Investment Management, as part of its acquisition push in 2009, has bought Wren Retail Park in Torquay for £24.36m.
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Rugby Estates completes final letting in Stratford
Rugby Estates Investment Trust has completed a final letting at its Datapoint industrial complex in Stratford.
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ProLogis European Properties raises E61m
ProLogis European Properties has raised E61m of equity as it looks to reduce its debt.
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Unite completes £167m capital raising for student accommodation fund
Unite, the UK's leading developer of student accommodation, has completed £167m of capital raising for its Unite Student Accommodation Fund (USAF), it announced today.
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Henderson buys in Seville
Henderson Global Investors has bought a prime shopping centre in Seville on behalf of the Warburg-Henderson KAG Funds ECP 1 & PEF 3, this week.
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Dubai World to present debt deal in New Year
Dubai World will present a standstill offer to banks in early January as the state-owned holding company attempts to restructure about $22bn of debt, three bankers who attended a presentation on the matter yesterday said.
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Loans relief for Centro
Centro Properties Group says noteholders have agreed to extend five loans worth $370m due to mature this month.
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Guangzhou land auction trigger HK$18.74bn bid
With Beijing attempting to cool the property market, Guangzhou will hold a land auction today for a site that has already attracted an opening bid of 16.5 billion yuan (HK$18.74 billion), making it the most expensive in the country.
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Wadhwa pays top price for Mumbai land
In the city's largest land transaction of 2009, the Mumbai-based Wadhwa Group is believed to have recently concluded negotiations to buy the 18-acre Hindustan Composites land in Ghatkopar for Rs 570 crore.
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Evans Randall makes Moscow debut with €180m deal
Investment bank and private equity group Evans Randall has completed its first deal in Russia with the purchase of Moscow’s Silver City, a prime office complex for around €180m.
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Invista completes £53.5m capital raising
Invista has completed its capital raising through a new share placing.
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Invista secures a US$42.7m for Big Orange Self Storage Fund 1
Invista has secured new equity investment of US $42.7m from a US institutional investor for the Big Orange Self Storage Fund.
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SWIP secures largest Edinburgh office letting of 2009
Wood Mackenzie has completed its 38,200 sq ft deal at Scottish Widows Investment Partnership’s Exchange Place 2, Edinburgh as tipped by Property Week (21.08.09).
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BAE Systems signs up for record pre-let in North East
Developers Highbridge have signed up BAE Systems for a £33m manufacturing and office facility at their Radial 64 site in the North-East.
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ING finds replacement for Maas
ING has appointed Hein Brand as general manager of its real estate development division, taking over from Menno Maas, who leaves the firm at the end of January.