All Property Week articles in 18 December 2015 – Page 6
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Online
Westfield sells US retail portfolio for $1.1bn
Westfield has sold five US shopping centres to a joint venture between Centennial Real Estate Company, Montgomery Street Partners and USAA Real Estate Company for $1.1bn (£738m).
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Online
Central London office investment to top £18.5bn
Central London office investment volumes are set to exceed £18.5bn in 2015, while the City and West End will see record turnover, according to JLL.
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Insight
Being a good corporate citizen should be a business imperative for us all
When Prologis’s senior teams from around the world gathered in California recently for a leadership summit, the conversation was not what you might expect.
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Online
Schroders plans to wind up real estate securities vehicle
Schroder Global Real Estate Securities has put forward plans to wind up the company and give investors the chance to switch to open-ended vehicles managed by Schroders.
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Online
Hammerson sells Monument for £75m
Hammerson has exchanged contracts to sell Monument Mall in Newcastle for £75m to Standard Life Investments as it steps up its sales activity to help fund large acquisitions.
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Online
2016: Another 'super normal' year?
For many real estate investors, 2015 may seem less important than expectations for 2016. It is true that looking in the rearview mirror rarely anticipates the bend in the road ahead.
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Online
West End to become UK’s largest retail Business Improvement District
London’s West End is set to become the UK’s largest retail-led Business Improvement District, after property owners voted in favour of a new £16m investment plan.
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London retail to increase by 8m sq ft in five years
London retail space is set to increase by 8m sq ft – or the equivalent of Bond Street, Oxford Street and Regent Street – in the next five years, according to research from CBRE.
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Online
Standard Life completes £95m sale of Edinburgh HQ
A private overseas client of HSBC has completed the purchase of the Edinburgh headquarters of Standard Life in a £95m deal, as tipped by Property Week.
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Online
Helical sets rent landmark in Hammersmith
Helical Bar has set a new record rent in the Hammersmith office market of £55/sq ft.
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Online
Chancerygate to spec build on South Coast
Industrial developer Chancerygate has acquired a 4.36-acre development site from Standard Life Investments UK Property Fund at Innovation Close in Poole, Dorset.
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Online
Oaktree and Hines secure letting at Bracknell scheme
Oaktree Capital Management and Hines have signed up HiFX Europe to 15,850 sq ft of space at their Bracknell office scheme.
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Online
Serviced apartments planned for Islington Square
Developer Sager Group and Cain Hoy have unveiled plans for a 58,000 sq ft luxury serviced apartment scheme at the former Royal Mail centre in Islington, London.
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Online
GVA and US advisor TCN join forces
GVA Worldwide, the international arm of Bilfinger GVA, has agreed a strategic alliance with leading US commercial real estate advisor TCN Worldwide.
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Online
De Montfort: New lending hits eight year high
New commercial property lending has reached an eight year high climbing to £24.7bn in the first six months of 2015, according to the half-year edition of the De Montfort Commercial Property Lending Report.
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Insight
A year of surprises and stability
It has certainly been a year to remember. In May, a prime minister who clearly thought he was going to lose the general election found himself in charge of a majority Conservative government.
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News
Is that a skyscraper in your pocket, or...?
The Gherkin, the Cucumber… the nicknames of London’s skyscrapers have become increasingly phallic in recent years - but 1 Undershaft really takes the biscuit.
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Insight
A year of prosperity, but sadly not peace
In the words of Slade’s Noddy Holder, “IT’S CHRISTMAS!”… or nearly, anyway. It seems like only yesterday we were putting the finishing touches to our review of 2014.
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Professional
Prepare for what promises to be an interesting year for property
In my last piece for 2015, here are some things to watch out for in 2016.
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News
Investment hits record levels but growth to slow
The UK property market continued its upwards trajectory this year, following a stellar 2014, but the pressing question now is whether 2015 is the year the market reached its peak.