All Property Week articles in 2 June 2017 – Page 3
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Quartet of promotions at Iceni
Planning consultancy Iceni Projects has announced four new promotions, including Ben Harvey to planning associate.
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CEREF grows to €127.5m after M7 acquires CEE assets
M7 Real Estate has acquired a portfolio of 11 light industrial assets in Hungary and the Czech Republic, on behalf of M7 CEREF I from a joint venture between Partners Group and Cromwell Property Group.
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BlackRock closes £100m Scottish social housing debt investment
BlackRock Real Assets has closed a £100m debt investment in a long-term finance raise for Wheatley Housing Group in Scotland.
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Empiric upbeat for 2017
Empiric Student Property has revealed net asset value has risen to 107.75p per share as at 30 April, compared to 105.9p at the end of last year.
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Bovis Homes shares jump
Shares in Bovis Homes rose 1.95% on Monday following an upgrade from Deutsche Bank.
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Cavendish Nuclear takes 47,149 sq ft at Birchwood Park
Nuclear services giant Cavendish Nuclear has signed up to occupy the entire 47,149 sq ft space of 106 Dalton Avenue at Patrizia UK’s Birchwood Park in Warrington.
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LXi REIT acquires Priory Care Home for £8.4m
LXi REIT has announced the acquisition of Priory Care Home in Leeds for £8.4m, reflecting a net initial yield of 6.3%.
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City of London planning chair joins Indigo
The chairman of the City of London’s planning transportation committee has joined planning consultant Indigo as a non-executive director.
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New equity partner among multiple promotions at Carter Jonas
Carter Jonas has promoted Lisa Simon to equity partner as part of a round of seven promotions.
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LaSalle acquires River Garden I for €57 million
LaSalle Investment Management has bought the River Garden I (RiGa I) office complex for €57m on behalf of its LaVA mandate.
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GSA completes first sale and leaseback in Dubai
GSA has completed the sale and leaseback of a 424-bed student residence in Dubai for £25.3m - its first such transaction in the Middle East.
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UK lacks downsizing properties, say 43% of over-65s
Nearly half of over-65s think there is a lack of suitable properties to downsize into in the UK, according to new research.
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Aprirose and Aurora acquire Ealing Sainsbury’s
Aprirose and Aurora Real Estate have acquired the Sainsbury’s supermarket in West Ealing, London for £22.47m.
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London Executive Offices snaps up North Audley Street space
Serviced office provider London Executive Offices (LEO) has leased three floors at 20 North Audley Street from Global Holdings Management Group.
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Colliers’ King launches new offices consultancy
West End agent Oliver King has launched a new property consultancy, Peppercorn London, which specialises in the central London office market.
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Operator sought for Spurs stadium hotel
Tottenham Hotspur Football Club has appointed CBRE hotels to find a hotel operator for a new 180 bedroom, upscale hotel within the club’s new stadium.
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Greystar acquires £101m Nine Elms sites
US residential developer Greystar has bought two plots covering 2.67 acres in Nine Elms from Royal Mail, and announced plans for a 894-apartment scheme in partnership with Telford Homes.
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Blackstone in €1.76bn bid for Finnish property group
US giant Blackstone is set to take over Finnish property firm Sponda in a deal worth €1.76bn (£1.54bn).
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Metro Bank’s shares jump
Shares in Metro Bank rose 2.23% on Friday after it acquired a portfolio of UK mortgages from Cerberus for £596.7m.
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JLL set to review executive pay following investor rebellion
JLL is set to review its executive pay practices following a shareholder rebellion that saw almost 44% vote against the firm’s current compensation deals, Property Week can reveal.