All Property Week articles in 2 April 2015 – Page 4
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News
Time please: Flower blooms at the Rovers Return
The famous Rovers Return pub from Coronation Street was left in the capable hands of a guest landlord when Cushman & Wakefield head honcho Digby Flower took to the pumps.
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News
Lord Heseltine: Greater Birmingham next for devolution
Greater Birmingham will be the next “super council” to be handed powers to run its own economy and public services, Lord Heseltine has revealed.
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News
Trouble in Croydon as big names quit Taberner House
Plans to build more than 500 new homes in one of south London’s biggest regeneration projects have been thrown into doubt after negotiations between the parties involved failed to result in a deal.
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Markets
Housing crisis hits big cities
Growth in home ownership in eight of England’s largest cities has stalled as the rising cost of housing prices buyers out.
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Insight
The road to recovery for ‘big four’ supermarkets will be a long one
The exodus of talent from Tesco makes for extraordinary reading. So far in 2015, Britain’s biggest retailer has lost five non-executive directors and dozens of senior managers who have either been made redundant or left for better jobs elsewhere.
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News
UK company breathes life into Berlin
Planning permission has been granted for a new residential project in Berlin that will transform the listed Post and Telegraph Office in the city centre (pictured).
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Markets
Gap narrowing between South Bank and West End office rents
The gap between office rents in the West End and the South Bank has narrowed and is now nearly the same as the gap between the City and Midtown markets, according to new research by Cluttons.
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Markets
Midtown on the up as South Bank reaches critical mass
When the Hoxton Hotel opened its doors on High Holborn last September, it seemed to cement the arrival of a new era for Midtown.
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News
Inland Homes boss issues warning over Labour’s land bank policy
Labour’s “use it or lose it” policy in relation housebuilder land banks would be dangerous, Inland Homes chief executive Stephen Wicks has warned.
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News
Rising property values not LTVs to blame for bad loans
A detailed study of more than 1,000 European CMBS loans over the past 15 years reveals rising property values, not rising loan-to-value (LTV) ratios, were to blame for commercial real estate loans going bad.
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News
Seven and Aventicum launch new JV with a double deal
A new joint venture fund focused on the coveted South East office market has made its debut purchases, to the tune of almost £60m.
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News
Schroder REIT goes for onshore status to attract investors
Schroder REIT has outlined plans to convert the Guernsey-domiciled fund to an onshore REIT.
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Insight
Real assets – a real opportunity
The connection between real estate and investment in infrastructure in the UK has in the UK been significantly underplayed.
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Markets
Railway arches are hot property for food and beverage operators
For some time, development has been picking up along the South Bank, from London Bridge right down to Nine Elms and Vauxhall.
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News
Ambassador Group snaps up Glasgow’s Granite House
Glasgow-based property company Ambassador Group has bought one of the city’s most prominent office buildings as it continues a £300m investment drive across the UK.
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Markets
Roxhill circles over Coventry Airport scheme for second time
The big-shed developer is “not giving up” but is turning its attention to Howbury Park.
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Professional
JLL aims to raise sustainability bar and Build for Tomorrow
Guy Grainger and Mark Stupples from JLL discuss culture change at the firm.
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News
Charterhouse aims to take stake in exhibition company
Private equity firm Charterhouse has made a bid to buy European shopping centre investor Unibail-Rodamco’s stake in exhibition company Comexposium, in an offer that values the total business at €550m (£400m).
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Markets
MAG’s World Logistics Hub attracts small tenants ahead of completion
Plans to build 75,000 sq ft of speculative offices at Airport City Manchester grabbed headlines last month at Mipim, but it is the development’s logistics park that has led the way in terms of construction activity.
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Markets
Capco adds luxury residential to its Covent Garden retail-led estate
Capital & Counties first bought its Covent Garden estate in 2006 for £421.5m with a plan to transform the tourist hotspot into a vibrant shopping destination for Londoners and visitors alike.