All Property Week articles in 19 December 2014
View all stories from this issue.
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Kerslake takes new role at Peabody
Former head of the civil service Sir Bob Kerslake is to take the role of chair at social housing landlord Peabody.
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Dragonfly makes hire for regional lending push
Bridging specialist Dragonfly Property Finance has hired Daniel Parry as regional business development manager tasked with growing the company’s lending in residential outside the South East.
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Malaysian investor completes Aviation House buy
Malaysian investor Permodalan Nasional Bhd has completed its purchase of Aviation House in Midtown for more than £155m.
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St Modwen unveils Longbridge office and housing plans
St. Modwen has submitted a planning application for 105,000 sq ft of grade A office space in Longbridge.
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Kensington High Street block sold at 2.84%
A private African buyer has bought a prime block on Kensington High Street for almost £20m at a yield of 2.84%.
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British Land sells major regional portfolio to L&G
British Land has sold a regional portfolio in an off-market deal to Legal General Property for £219.6m and Green Lanes Shopping Centre in Barnstaple to Rockspring in a £36.1m deal.
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Tesco to close stores and overhaul store building plans
Tesco has announced plans to close 43 unprofitable stores, significantly revise its store building programme and move out of its head office in Cheshunt in 2016 as part of a major overhaul of the struggling retailer.
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IM Properties completes business park purchase
IM Properties has completed its purchase of Blythe Valley Park in Solihull for £125m.
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Goldman preferred bidder on £110m Marble portfolio
Goldman Sachs has been selected as the preferred bidder to buy Nationwide’s bad-book £110m portfolio.
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Southampton student accommodation scheme approved
Knightsbridge Student Housing has gained planning permission to construct a six-storey student accommodation block on the site of a former car park in Southampton.
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Johnson Cleaners cuts high street stores
Dry cleaning firm Johnson Cleaners is to close 109 high street stores in the first half of the year to focus on its partnership with Waitrose.
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New JV takes on European outlet malls
TH Real Estate and Neinver have created a joint venture to invest in designer outlet malls across Europe.
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KPMG confirms Bristol move
KPMG has pre-let 52,000 sq ft at Skanska’s 66 Queen Square office in Bristol, as tipped by Property Week.
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L&G hires Frogmore man as transactions hit £4.1bn
Legal General Property has hired Matthew Bird from Frogmore as a senior transactions manager, as the company announced it completed more than £4.1bn of property transactions in the UK market in 2014.
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Galliford Try amasses record landbank
Housebuilding and construction group Galliford Try has predicted a strong set of results for 2014, having increased its landbank and pipeline of projects in the second half of the year.
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UK hotel transactions jump 55%
Total transaction volumes in the UK hotels market reached £6.1bn in 2014, marking an increase of 55% on the previous year and the highest level since 2006, according to Savills.
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Prologis seals deal for 185,000 sq ft Middlewich shed
Industrial developer Prologis has signed a lease agreement with Optima Logistics for DC1 Prologis Middlewich, a 185,396 sq ft distribution centre in Cheshire.
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Scottish medical union buys £21.5m West End office
Topland Group has exchanged contracts to sell Hend House to the Medical and Dental Defence Union of Scotland (MDDUS) for close to £21.5m.
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Private equity firm to acquire Situs
Private equity firm Stone Point Capital is to acquire commercial real estate advisory services firm Situs.
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Knight Frank retail investment head resigns
Bruce Nutman, head of retail investment at Knight Frank, has resigned from the business.