All Property Week articles in 19 July 2019 – Page 4
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Online
Hammerson secures interactive LEGO stores
LEGO will open two new stores in Hammerson’s flagship shopping centres ahead of this year’s Christmas shopping season.
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Online
Madison acquires 5% stake in Sigma Prime
New York-based Madison International Realty has acquired a 5% stake in Signa Prime Selection.
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Online
LXi secures £100m loan
LXi REIT has agreed a new £100m revolving credit facility to gear the net proceeds of the company’s recent equity raise.
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Online
Houzen announces UK-wide expansion
Residential proptech firm Houzen is expanding into five new cities in the next 18 months to support its ongoing growth.
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Online
Newcore Capital Management buys trio of assets in London and the South East
Newcore Capital Management has bought three assets in London and the South East for a new £100m value-add fund.
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Online
M J Mapp rebrands to MAPP
UK property manager M J Mapp has announced it will rebrand to MAPP as part of a strategy change.
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Online
Hanover Green hires retail duo
Hanover Green Retail has expanded its agency team with two new hires.
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Khan says rent control for London is “overdue”
Mayor of London Sadiq Khan has called for the introduction of rent controls and an overhaul tenancy laws, in a landmark report calling for changes to the private rented sector in London to give renters open-ended tenancies, and to create powers to bring rents down.
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Grainger refinances GRIP portfolio with Rothesay Life
Grainger has refinanced its GRIP portfolio, after it bought the shares of the portfolio that it didn’t own from JV partner APG last year.
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Online
Go ahead for Premier Inn and restaurant at Reading’s Broad Street Mall
Broad Street Mall’s owner Inception (Reading), has been granted detailed planning consent for a 101-bedroom Premier Inn hotel next to the shopping centre.
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Online
LXi REIT completes six acquisitions worth £55m total
LXi REIT has completed six long-let, index-linked acquisitions from separate developers and vendors for a combined £55m, reflecting a weighted average net initial acquisition yield of 5.83%.
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Online
Waitrose announces seven store closures
Lidl is set to acquire three Waitrose stores in London, Leicestershire and Nottinghamshire after supermarket chain Waitrose announced the closures of seven sites.
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Rob Noel takes non-exec role at Taylor Wimpey
Landsec chief executive Rob Noel has been appointed as a non-executive director at housebuilder Taylor Wimpey.
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Unibail-Rodamco-Westfield refinances Stratford CMBS at record low coupon
Unibail-Rodamco-Westfield refinanced its £750m Westfield Stratford City CMBS at a coupon of just 1.642% - the lowest ever in the UK real estate sector.
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Online
Regional REIT completes equity raise ahead of target
Regional REIT has raised £62.5m to help fund new acquisition – ahead of its £50m target.
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News
Schroders set for push into new sectors
Firm has assembled teams to target ‘social impact’ sectors for the first time and step up hotel investment
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Markets
The inside track on iPort Rail
Adam Branson asks why the strategic rail freight terminal has succeeded where others have failed
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Insight
GL Hearn forum: how to increase housing supply
GL Hearn brought together a panel to discuss how to boost delivery of specialist accommodation.
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News
London industrial voids leap as rent hikes drive occupiers out
Voids in multi-let industrial property have soared in inner London over the past two years as smaller occupiers have escaped the capital to avoid steep rent increases, according to new research from Gerald Eve.
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News
OneEleven reviews UK co-working operation
Canadian firm has closed first London office just five months after it opened