All Property Week articles in 2 August 2019 – Page 2
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Online
Intu trialling community-focused store in bid to revive high street
Retail landlord intu is working to breathe new life into its retail assets with the launch of a series of community-focussed stores.
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News
RESI Convention 2019: how can we better marry the public and private sectors?
The property industry and government are waking up to the fact that closer partnerships between the public and private sectors are needed to help tackle to housing crisis
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Online
CBRE appointed to advise on Jack Wills properties after Sports Direct buyout
Sports Direct has appointed CBRE to advise the group on Jack Wills’s property dealings after it bought the retailer out of administration earlier this week.
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Online
Prime Life buys Carehill Spring Group in sale and leaseback deal
Care home operator Prime Life has bought the Carehill Spring Group in a move funded by the sale and leaseback of Carehill’s three centres.
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Online
Palace agrees new £40m credit line
Palace Capital has secured a new £40m revolving credit facility (RCF) to provide extra firepower to support new investment.
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Online
British Land’s Roberts to become CEO of Henry Boot
Henry Boot has appointed British Land’s Tim Roberts as its next chief executive.
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Insight
Climate change is a planning consideration
In October 2017, William McLennan applied for planning permission for solar panels on his property in Kent.
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Online
Knight Frank announces new hires to London China team
Savills’ Lili Zhang has been appointed head of Knight Frank’s London China team from September.
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Online
The Collective hires senior manager from Blackstone
The Collective has hired Blackstone’s Adam Francis as its new head of asset management in the UK and Ireland.
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Online
All Karen Millen and Coast stores to close after Boohoo buyout
Online fashion business Boohoo has bought the online divisions of retailers Karen Millen and Coast, but not their physical stores.
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Online
RICS releases first global standard for land measurement
The Royal Institution of Chartered Surveyors (RICS) has published a draft of the first global guidance for the measurement of land, which will advise on best surveying practice around the world.
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Online
Spaceflow raises £1.5m to continue UK growth
Tenant engagement platform Spaceflow has raised $1.8m (£1.5m) to fuel its expansion in the UK and US.
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Online
London tops flexible office offering across Europe
London has the largest share of flexible office stock in Europe, according to new research by CBRE.
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Online
Portsmouth Council buys Lakeside North Harbour for £138m
Portsmouth City Council has acquired the south coast business campus Lakeside North Harbour from Northwood Investors for £138m.
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Online
Savills IM announces new appointments
Savills IM has appointed Jeremy Wells and Katie Joyce to its UK business development team.
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Online
Hammerson appoints new managing director
Hammerson has appointed Simon Travis as its premium outlets managing director, taking over from Timon Drakesmith.
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Online
Harworth appoints new CFO
Harworth Group has poached Harwood Real Estate’s Katerina Patmore to become its new chief financial officer.
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Online
WeWork close to securing $6bn pre-IPO credit
WeWork owner The We Company has obtained commitments from at least 10 banks for $6bn (£4.9bn) in credit facilities that remain crucial to the company’s ambitions to push ahead with its planned initial public offering (IPO), according to a report by Reuters.
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Online
BE Offices weighs up £200m sale
Serviced office group BE Offices is considering a potential £200m sale, according to reports.
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Online
IWG launches £100 share buyback as profit rises
IWG is planning to buy back up to £100m of shares after reporting a 2% rise in pre-tax profit for the first half of the year off the back of higher revenue.