All Property Week articles in 18 November 2016 – Page 2
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English Cut opens first flagship in Marylebone
Menswear boutique Chiltern Street is open its first standalone store at 58 Chiltern Street in Marylebone, taking 605 sq ft on a 5year lease.
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Black Friday 2016: the beginning of the end?
I absolutely agree with Graham Ruddick’s earlier piece in Property Week on Black Friday - retailers now face a two tier Christmas, where shoppers bring forward their purchases to benefit from the plethora of discounts on offer for Black Friday, and then ‘panic buy’ the week before Christmas. ...
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LendInvest hires BDM for Northern push
Online mortgage lender LendInvest has launched into the Northern region with the appointment of its first business development manager based in Greater Manchester.
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Intu: Half of British shoppers won’t participate in Black Friday
Black Friday is failing to capture the imagination of nearly half (49%) of Britons despite a rising number of deals to tempt them to spend, according to a new report from Intu.
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Aviva to lift property fund suspension next month
Aviva Investors has announced that the suspension of dealing in its retail property fund will be lifted on 15 December and that co-fund manager Mike Luscombe will be retiring in the New Year.
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Helical sells six assets for £26m
Helical has sold six distribution warehouses for £26m, representing a 7% premium to the March book value.
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CLS shrugs off Brexit concerns
CLS Holdings boss Fredrik Widlund claimed Brexit has had little effect on the London occupier as he updated the market this morning.
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Hammond set to boost homes funding and ban upfront letting fees
Philip Hammond is expected to announce a £1.4bn cash injection for housing and the banning of up-front letting agent fees as he unveils his first Autumn Statement as chancellor later today.
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Big Yellow and Assura shares close higher post-results
Shares in Big Yellow and Assura rallied modestly on Tuesday following publication of their half year results.
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Hitting the suite spot: Foreign hotel investment
Think of overseas investment into UK hotels, and the first thing that tends to come to mind is Middle Eastern sovereign wealth buying up trophy Park Lane properties - but that trend is now changing.
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AshbyCapital takes £217.1m slice of Fitzroy Place
AshbyCapital has completed the acquisition of a 50% stake in Fitzroy Place, in London’s Fitzrovia, from Kaupthing for £217.1m.
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Goodman doubles up with new Palletforce shed
Goodman will develop a new 260,000 sq ft build-to-suit distribution centre for Palletforce in Burton-upon-Trent.
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Time the government focussed on resourcing the VOA
The government is battling a broken business rates system as latest statistics reveals a disheartening backlog of appeals and questionable success rates.
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Property transactions up in pre-Autumn Statement update
The number of residential property transactions over £40,000 increased by 1% in October, according to the last HMRC statistics before the Autumn Statement.
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Cushman & Wakefield: European shopping centre development to accelerate in 2017
A total of 87.2m sq ft of new shopping centre space will be added across Europe in the second half of 2016 and throughout 2017 with operators seeking to add more entertainment elements, according to research from Cushman Wakefield.
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Green light for 1 Undershaft
The City of London’s tallest building, 1 Undershaft, is set to receive the green light from the council after planners recommended the scheme for approval.
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Prologis selects Solihull for new UK headquarters
Prologis is opening a new UK headquarters in Solihull.
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AEW appoints Vrensen as research head
AEW has appointed Hans Vrensen, formerly of DTZ, as its European head of research and strategy.
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Assura produces six months of growth
Assura, the primary care property investor and developer, has revealed a rise in net asset value (NAV) per share and profits for the first half of its financial year.
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MIPP buys two warehouses for £18.4m
The Metric Income Plus Limited Partnership (MIPP) has bought a B Q warehouse in Hull and a Wickes warehouse in Dartford for £18.4m.