All Property Week articles in 2 August 2019 – Page 3
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Online
Stelios slams easyHotel takeover bid
Sir Stelios Haji-Ioannou has slammed a takeover bid for the easyHotel business, in which he owns 27%.
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Online
Boxpark set to expand to ten new sites
Boxpark has announced plans to expand nationwide with a further ten new sites over the next five years.
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Online
MediaCityUK get expansion boost with new £293m loan
Plans for the expansion of MediaCityUK over the next decade have received a boost from a new five-year banking facility.
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Online
CBRE appoints JLL’s Hupfield
CBRE has appointed Tom Hupfield as a senior director in its London Metropolitan/South East office investment team.
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Online
M7 achieves record rent at Castle Donnington air cargo scheme
M7 Real Estate has completed five new lettings totalling 50,500 sq ft at the Air Cargo Centre in Castle Donnington, which is now at full occupancy, on behalf of a global institutional investor.
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Online
L&G’s modular home business continues losing streak
Legal General’s modular housing division has reported another loss in the year it produced and delivered its first housing scheme.
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Online
Cortland buys LIV Group
US-based build-to-rent specialist Cortland has acquired LIV Group as part of its drive to grow its business in the UK.
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Online
Mapletree Investments secures flurry of lettings at Reading office scheme
Mapletree Investments’ Reading office scheme Green Park has hit its highest occupancy level to date after a flurry of deals in the last six months.
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Online
US REIT executives charged with accounting fraud
Two top executives at a US REIT that owns more than 400 shopping centres have been charged with accounting fraud.
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Online
CBRE chief exec quizzed on Telford deal in earnings call
CBRE chief executive Bob Sulentic revealed some of the thinking behind the company’s acquisition of Telford Homes and gave his thoughts on the impact of Brexit on the UK market, in an earnings call yesterday.
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Online
C&R hit by 6.8% valuation fall
Capital Regional (C R) today reported a 6.8% fall in its portfolio valuation over the first half of 2019 from £855m to to £797m, reflecting an 11% reduction in regional asset values and a 3% reduction in the value of its three London centres.
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Online
Helical agrees £400m loan
Helical has secured a £400m revolving credit facility (RCF), replacing its existing facilities on the company’s largest asset, The Bower, London
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Professional
Industry questions feasibility of installing EV charge points
Some believe implementation will be burdensome but others say costs are minimal in grand scheme of things.
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Insight
Changing perceptions of industry
A recent perception audit commissioned by the British Property Federation (BPF), the first of its kind across the UK property industry, provided a hard-hitting reality about how our industry is regarded.
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News
Network Auctions brings in just shy of £6m at its sale on 25 July
Network Auctions raised £5.9m at its auction on 25 July – £3m less than the amount raised in June.
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Insight
Only way is up for high streets
Disruption often has a negative connotation, but it can have a positive impact.
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News
Developers confident in new Bishopsgate Goodsyard plans
JV owners believe they have done enough – but questions remain over what Hammerson will do with its stake
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News
Gap between regional and London office occupancy costs narrows
The gap between office occupancy costs in London and the UK’s largest regional cities has narrowed for the third year in a row, according to new research by Lambert Smith Hampton (LSH).
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News
The only way is up… baby
Funny things words. When I was at school, being described as a disruptive influence was not a compliment.
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News
Link directors set up debt advisory firm
Two directors from the real estate debt advisory team at Link Asset Services have teamed up to launch a new firm.