All Property Week articles in 19 December 2014 – Page 2
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News UK offloads space in the ‘Baby Shard’
Rupert Murdoch’s News UK has sublet space in its offices in the ‘Baby Shard’ to two new tenants.
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Smith’s Dock regeneration gets go-ahead
Places for People and Urban Splash are set to undertake the regeneration of Smith’s Dock in North Shields, after it was granted detailed planning permission for the first phase of 34 new homes.
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Ortega completes £265m West End trophy buy
Spanish billionaire Amancio Ortega’s property company has completed a deal to buy mining giant Rio Tinto’s West End headquarters for around £265m.
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Roxhill plans 2.66m sq ft mega-shed
Howden Joinery Group and developer Roxhill have submitted a planning application for a giant 2.66m sq ft distribution centre in Northamptonshire – which if built would be one of the UK’s largest sheds.
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Moorfield closes third fund with £500m firepower
UK private equity fund manager Moorfield Group has completed its final close for Moorfield Real Estate Fund III (MREFIII), bringing its total investment firepower to around £500m.
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Bouygues and Knightsbridge team up for Southampton student scheme
Property development company Bouygues Development has signed a development agreement with Knightsbridge Student Housing for its student accommodation-led mixed-use scheme on St Mary’s Road in Southampton.
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JLL buys property consultancy
JLL has bought the property consultancy arm of Mazars, the accountancy and advisory firm.
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Forever 21 embarks on European expansion drive
US fashion retailer Forever 21 is set to embark on a major European expansion drive, Property Week can reveal.
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L&G and PGGM buy £370m fund
Legal General and Dutch pension fund manager PGGM have bought the Bishopsgate Long Term Property Fund Unit Trust for around £370m, a yield of 6%.
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LondonMetric secures £21.1m Tesco online shed
LondonMetric Property has completed its purchase of Tesco’s online distribution centre in Croydon for £21.1m, a 5.5% yield.
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Housing tsar joins Redrow board
The man who chaired a Labour-led commission to increase housebuilding in the UK has joined developer Redrow.
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Fashion retailer calls in administrators
Fashion retailer Bank has become the first casualty of 2015 after administrators were called in today.
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Government publishes simplified planning guidance
The government has published a new planning guide aimed at communities which want to have a say over future development in their areas.
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Former RICS chief executive dies
Former chief executive of the Royal Institution of Chartered Surveyors Louis Armstrong has died, the organisation has said.
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Supermarket new builds plummet 20%
Money supermarkets had originally ear-marked for expansion is being sucked into an industry-wide price war that looks set to run and run, new research has found.
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Walkie Talkie 'sky garden' opens to public
The ‘sky garden’ crowning the £200m Walkie Talkie tower in the City of London has opened to the public today, marking the final completion of the tower.
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Boris delivers £220m funding for low cost homes
The Mayor of London, Boris Johnson, has pleded £220m of funding for two new affordable housing schemes in London.
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Taikang confirms £198m City debut
China’s Taikang Life Insurance Company has exchanged contracts to buy Milton Gate in the City of London for around £198m, as tipped by Property Week .
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Defence boss reveals £500m Sheffield plans
A Sheffield-based group chaired by a former chief executive of Vickers Defence Systems has outlined plans for a £500m retail quarter in the city centre.
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Oxford Street rents to hit £1,000 in 2015
Savills has predicted a £1,000/ sq ft zone A rent will hit Oxford Street West in 2015.