All Property Week articles in 19 October 2018
View all stories from this issue.
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Bruntwood unveils vision for new Old Trafford mixed-use quarter
Developer Bruntwood and joint venture partner Trafford Council have unveiled plans to regenerate the Trafford area of Manchester, including extensive housing developments, a new leisure centre and a redeveloped retail park.
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London Square secures £200m refinancing to drive growth
Residential developer London Square has secured £200m of new debt facilities to support a strategic expansion and drive its future growth.
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Triple Point picks up 12 supported housing schemes
Triple Point Social Housing REIT has secured a series of deals which will see it develop 12 supported housing schemes across the North West, South East, South West and Midlands.
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This Land secures services of industry veteran Steve Norris in non-exec role
Cambridgeshire council-backed developer This Land has appointed former Conservative vice chairman and long-time Property Week columnist Steve Norris as its non-executive chairman.
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Buckland becomes new managing director for CBRE asset services
CBRE has added a new member to its UK management board with the promotion of Emma Buckland to managing director of its UK asset services team.
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Travelodge unveils £65m Sussex expansion plan
Travelodge’s property director has announced plans for a £65m expansion in West Sussex, targeting the opening of eight new hotels in the region.
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Kingston Council appoints Countryside for 2,000 home regen project
Housebuilder Countryside has been appointed as the preferred development partner for Kingston Council’s proposed 2,000 home regeneration of the Cambridge Road Estate.
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ReSI buys Crest Nicholson London new home stock for shared home debut
Residential Secure Income (ReSI) has acquired a portfolio of 34 new build homes in Barnet, north London, from Crest Nicholson for £16.5m and announced plans to convert them into shared ownership homes.
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CBRE GI and Fabrica's Cicerone Fund secures Paris trophy office
CBRE Global Investors and Fabrica SGR’s Cicerone Fund has acquired Société Générale’s trophy office building in Paris’ 2nd arrondissement.
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Aviva races away with Victoria Gate letting to McLaren
Aviva Investors has let the Victoria Gate building in Woking to automotive giant McLaren on a 20-year lease.
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Intu slides as FTSE climbs overall
Intu shares ended the day down 0.42% on Wednesday to 195.3p after the company announced a move into the private rental sector.
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Debenhams confirms 50 store closures after record annual loss
Debehnhams has announced plans to close 50 of its 166 stores and scrap its annual dividend as it revealed record £491.5m losses for the year to September.
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RDI REIT reports 2.4% rental income rise in ‘challenging market’
RDI REIT has announced a 2.1% rise in net rental income on a like-for-like basis, despite being hit by a 27% reduction in rents within its £480m retail portfolio over the past year.
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Delancey appoints former Presidential Special Assistant as Here East COO
Delancey has secured the services of a former White House official and special assistant to President George Bush to head up operations at its London Olympic Park technology campus Here East.
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GBK latest high street chain to serve up closures and CVA
GBK has earmarked 17 UK locations for closure and confirmed plans to enter into a CVA.
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Horan to lead new JLL resi team in Midlands
JLL has appointed Simon Horan to lead its residential development business in the Midlands.
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NAV rises as U+I eyes pipeline projects in London and South
Regeneration specialist U+I has reported a year-on-year rise of 6% in net asset value (NAV) to 284p in half-year results alongside announcing plans to invest in three new pipeline projects alongside a capital partner.
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Ares completes £146m South East portfolio acquisition
AEW UK Investment has completed the sell-off of the entirety of its South East Office Fund to a fund managed by Ares Management for a value believed to be in the region of £146m.
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High street struggles slow UK prime rental growth to Brexit vote levels
UK prime rental value growth slowed to 0.5% in Q3 2018, the lowest level that quarterly rents have risen by since the immediate aftermath of the EU referendum.
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Overseas buyers eye Evans Property’s York student accommodation
Evans Property Group has appointed Deloitte Real Estate to sell the remaining student accommodation assets it holds at York University’s £750m Heslington East Campus.