All Property Week articles in 18 February 2011 – Page 6
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OnlineCBRE agrees $1bn ING REIM acquisition
ING has reached agreement to sell its ING Real Estate Investment Management business in two separate transactions for a combined price of $1.1bn, as revealed by Property Week (04.02.11).
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Knight Frank Investors acquires Farnborough shopping centre for £26.3m
Knight Frank Investors has bought the Princes Mead shopping centre in Farnborough, Hampshire for £26.3m.
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I've received a light obstruction notice. What should I do?
Light obstruction notices (LON), once registered, create notional obstructions to the access of light received by a building (“dominant land”) over the land of another (“servient land”). If not challenged successfully within strict time limits, the dominant land owner may lose an existing right of light. Where ...
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OnlineCushman appoints new chairman
Carlo Sant’Albano, chief executive of Exor, the majority shareholder of Cushman Wakefield, is to become chairman of Cushman in early March.
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PWTV: Vacant shops at an all time high says Local Data Company
The number of vacant shops has risen to an all time high and the North-South divide is widening, the latest Shop Vacancy report from the Local Data Company has found.
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UK Commercial Property Trust buys £50m Leicester retail park
UK Commercial Property Trust, the UK’s largest property investment trust, has bought the St George’s Retail park in Leicester for £49.9m.
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British Land buys £30m shopping centre as it reports 4.4% NAV growth
British Land has bought a shopping centre in the south-west of England for £30m and reported net asset value growth of 4.4% in the last quarter of 2010.
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OnlineSurrey Canal regeneration submitted for planning
Regeneration company Renewal has lodged plans for the redevelopment of a 30-acre site around Millwall’s New Den stadium.
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Plans lodged for 143 King’s Cross Central Homes
King’s Cross Central developer Argent has submitted plans for the fourth residential development on the 67-acre site in London, with plans to deliver 143 affordable homes.
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Sittingbourne redevelopment partner selected
Swale Borough Council has chosen the Spirit of Sittingbourne, a consortium, to redevelop the centre of Sittingbourne over the next five years.
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IPD: yields and rents continue to stagnate
UK property yields and rents continued to stagnate in January, delivering a measly 0.1% increase in values.
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Hazledene completes Scots record rent deal
The 125,000 sq ft ‘IQ’ building in Aberdeen has been fully let to two tenants, as revealed by Property Week (27.01.11) , in a deal that sets a record rent for Scotland of £31 / sq ft.
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OnlineBoris call for clarity on 1.9m sq ft Chelsea Barracks plan
The mayor of London’s office has demanded minor changes to Qatari Diar’s outline plans for the redevelopment of the Chelsea Barracks.
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Aviva buys West End office
Aviva Investors UK Real Estate Recovery Fund has purchased the freehold of 10 -11 Great Newport Street, in London’s West End for £10.25m.
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Debenhams opens its first pop-up shop in the West End
Debenhams has opened its first pop-up shop, after signing a six-month lease on a unit on Newburgh Street, near Carnaby Street in London’s West End.
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OnlineBLOG: Love is in the air...
Love is in the air at shopping centres around the UK. Red hearts are aplenty and no doubt the price war of the dozen red roses is upon us.
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Online£590m of central London property brought to the market
Two major City of London properties have been brought to the market valued at just under £600m.
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OnlineBulgari Hotels & Resorts signs to open Knightsbridge hotel
Bulgari Hotels Resorts has signed an agreement for the new Bulgari Hotel in London due to open in spring 2012.
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OnlineSanyo's Piccadilly Lights screen up for grabs
One of the Piccadilly Lights advertising screens in Piccadilly Circus is on the market for the first time in more than 33 years.
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Grosvenor raises £125m through bond issue
Grosvenor has raised £125m of long-term debt to invest in its London estate through an innovative sale of bonds.
