All Property Week articles in 18 October 2013 – Page 2
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Colliers International earnings up 31%
Colliers International saw its earnings before interest, tax, depreciation and amortisation rise by 31% in the third quarter, compared to the same period in 2012.
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Cushman hires City partner
Cushman Wakefield has appointed James Heyworth-Dunne as a partner in its London markets city agency team.
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British Retail Consortium appoints Ernst & Young for business rates fight
The British Retail Consortium has appointed tax experts Ernst Young to advise it on its fight for reform of the business rates system.
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Cole Real Estate bought by American Realty to create $21bn giant
Two of the largest property companies in the US have merged.
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Prologis fund issues €300m bond
Prologis has issued a €300m bond to repay debt and make new acquisitions as it look to take advantage of the increasingly competitive capital markets.
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Segro agrees 775,000 sq ft pre-let
Segro has agreed its largest ever pre-let deal, leasing space to a major sportswear brand.
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Grosvenor buys residential project from Workspace for £51m
Grosvenor has bought a large residential project in Bermondsey, south-east London, from Workspace for £51m.
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Bruntwood announces £221m refinancing deal
Bruntwood has agreed a new £221m, five-year facility with a syndicate of four banks.
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Brookgate agrees on Ibis prelet in Cambridge
Mixed-use developer Brookgate has prelet the largest hotel in Cambridge to Accor.
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Invesco Real Estate in European residential debut
Invesco Real Estate has made its first residential European investment in Frankfurt.
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Lend Lease intends to sell £550m Bluewater stake
Lend Lease intends to sell its 30% stake in the Bluewater Park shopping centre in Kent in the next two years.
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Manchester Council quashes plans for student housing on BBC site
Manchester Council has signed off regeneration plans for the former BBC site on Oxford Road, despite an ongoing row with landowner Realty.
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Mustard boutique opens in Piccadilly Arcade
Mustard manufacturer Maille has opened its first standalone store outside of France in London’s West End.
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Knight Frank: Beijing, Shanghai and Hong Kong
Beijing and Shanghai are transforming themselves into regional and international financial centres with the aggressive expansion of their business districts.
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Savills: Netherlands Market in Minutes
While the economy currently is still shrinking, forecasts for 2014 depict a 0.5% GDP growth in 2014. This recovery is much supported by increasing foreign demand. The substantial economic growth in surrounding countries will drive exports and this will positively impact private investments.
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New management selected for Bermondsey Square
CBRE has been selected to manage the Bermondsey Square development in Bermondsey.
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M&G Investments drives into British Car Auctions sites
Asset manager M G Investments has acquired 18 car auction sites across the UK in a £240m deal.
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GVA in play
GVA could be sold, floated or refinanced in a deal that would value the company at between £120m and £180m.
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GVA in play
GVA could be sold, floated or refinanced in a deal that would value the company at between £120m and £180m.
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GVA’s Bould: We won’t sell to CBRE, JLL or Savills
GVA chief executive Rob Bould has stressed that the company will not be sold to one of its larger peers.