All Property Week articles in 18 November 2016
View all stories from this issue.
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Retirement Villages welcomes new estates manager
Retirement Villages has appointed Sean Corney as its new estates manager.
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Profit warning sends Countrywide shares falling almost 13%
Countrywide shares plummeted nearly 13% on Thursday following a profit warning – as shares in Helical closed up 9.5% thanks to better than expected half year results.
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W1 Developments gets go-ahead for Great Portland Street scheme
W1 Developments has secured planning permission for a residential and retail scheme at 204a Great Portland Street, in London’s Harley Street Conservation Area.
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Hepworth Park industrial complex fully let
Redditch’s first speculative industrial complex of the decade is now fully let after R4telecom took the final unit.
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Black Friday: the unacceptable face of consumerism
Lowest common denominator retailing - that’s the only way to describe the ‘retail extravaganza’ heading to the UK on 25 November.
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UK non-listed funds hit decline in Q3 European index
Non-listed real estate funds from the UK saw their returns dip 1% in Q3, according to the latest INREV quarterly index.
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Plans unveiled for Hull's £80m Fruit Market redev
Wykeland Beal has revealed its vision for Humber Street in Hull’s Fruit Market, the £80m rejuvenation of the city centre’s waterside set to open in 2017.
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Former Joseph MD launches new brand with Dover St lease
A new luxury fashion brand led by former Joseph managing director Marc Forestier has signed a lease for a seven-storey boutique at 14 Dover Street.
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Middle Eastern investor buys Victoria gem for £145m
Wolfe Asset Management has purchased the freehold of The Peak in Victoria for £145m from the Cityhold Office Partnership, managed by TH Real Estate, in an off-market deal.
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London fuels surprise NAV growth at Helical
Helical has defied the slowdown in the London market to report 5.3% growth in the value of its investment portfolio in the capital in half year results.
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Autumn Statement: £556m fund to support Northern Powerhouse growth
Chancellor Philip Hammond has outlined plans for Local Enterprise Partnerships in the North of England to receive £556m from a £1.8bn regional funding pot in his Autumn Statement, in a bid to ‘drive up the performance of our regional cities’.
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Autumn Statement: Long overdue rate holiday for fibre infrastructure
While the Chancellor’s Autumn Statement announcement that new fibre optic broadband infrastructure will benefit from 100% business rates relief for 5 years should be welcomed, unfortunately this only addresses the tip of the iceberg.
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Autumn Statement: Key tax takeaways
You had to look hard for the stand-out announcements in the Autumn Statement on the taxing side. But there were a few.
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Autumn Statement: The five key announcements
The key planks of chancellor Philip Hammond’s Autumn Statement have been met with a wide range of reaction from the property sector.
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LondonMetric pays £39.9m for eight ‘last mile’ distribution warehouses
LondonMetric has acquired eight ‘last mile’ distribution warehouses for £39.9m at a blended yield of 6.2%, with a weighted average unexpired lease term (WAULT) of nine years.
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Autumn Statement: Chancellor declares ban on lettings agent fees
The government has announced that it is banning letting agents’ fees levied on tenants - meaning the fees will instead fall on landlords who will likely recoup them in higher rent.
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Autumn Statement: £6.7bn business rates package confirmed
Chancellor Philip Hammond has confirmed that the government will push ahead with planned changes to business rate despite strong industry opposition.
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Autumn Statement: New £2.3bn housing infrastructure fund
Chancellor Philip Hammond has announced a new £2.3bn infrastructure fund that will enable the development of 100,000 new homes.
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Hammerson JV buys €587m outlet centre portfolio
VIA Outlets, the venture partnership formed by APG, Hammerson, Meyer Bergman and Value Retail, has acquired four European outlet centres with a gross asset value of €587m (£503m).
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Black Friday footfall predicted to decline by 2.8%
UK shopper traffic on Black Friday could fall by 2.8% year-on-year according to global retail intelligence specialists ShopperTrak.