All Property Week articles in 2 June 2017 – Page 4
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Insight
Businesses that invest in proptech will reap rewards
New research by FTI Consulting, unveiled to a packed room at the recent FUTURE: PropTech conference, confirmed there is sizeable momentum behind the UK proptech sector.
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Online
Westfield partners with Uber
Westfield has become the first shopping centre owner to partner with Uber, in a bid to make it easier for visitors to travel to and from its London centres using the taxi-hailing app.
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Online
Blackstone announces €12.25bn Logicor sale to CIC
Blackstone has officially announced it has agreed to sell its pan European logistics company, Logicor, to affiliates of China Investment Corporation for €12.25bn (£10.72bn).
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Online
Tenant mix nearly complete at Watford Trade Park
JV partners JPR Services and developer Hawes Price Ltd have completed four pre-lets at Watford Trade Park with the remaining three units under offer.
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Online
Cogress completes third exit at £8.1m
Cogress UK has completed its third exit this year, Property Week can reveal, following the £8.1m sale of luxury apartment Eaton Mansions.
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Online
Plans submitted for L&G's first building at Newcastle Science Central
Legal General has submitted a planning application for the first of two grade A office buildings at its 500,000 sq ft Newcastle Science Central scheme.
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Online
LXi REIT acquires Carlisle manufacturing facility
LXi REIT has acquired the SIG manufacturing facility in Carlisle in a sale and leaseback transaction.
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Online
Orchard Street acquires Hatton Gardens scheme
Orchard Street Investment Management has completed the acquisition of 36-38 Hatton Garden in Clerkenwell, London for £28.8m.
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Online
Metro Bank snaps up buy-to-let mortgages from Cerberus
Metro Bank has completed the purchase of a portfolio of UK mortgages from Cerberus for £596.7m
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Online
Uliving finances student development with bond
Uliving has financed a new £67.5m student accommodation development for the University of Essex using an index-linked wrapped bond placement.
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Markets
Taurus takes bull by horns with Haverhill and Basildon projects
Taurus Developments has been busy. The London- and Bath-based company is currently development manager and co-investor on two industrial and warehouse development projects at Haverhill Business Park in Suffolk and a speculative scheme at Basildon in Essex.
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Information
When property meets politics
The gloves are off, the manifestos are out and in a week’s time we will discover if Theresa May’s gamble to call a snap general election paid off or spectacularly backfired. Ahead of the nation deciding, Property Week reveals which MPs have property interests and registrable shareholdings in property ...
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Insight
Will June prove inauspicious for May?
I keep looking across the pond in an attempt to console myself that the political landscape is more chaotic over there than it could ever be here… and then something jaw-dropping happens here that cracks the cocoon.
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Insight
London office development fears could be overstated
The negative view of the central London office market is that new supply is set to flood the market over the next few years and that demand will fall away as the impact of Brexit on the economy starts to bite.
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Insight
Derivatives can help manage risk and return
Early adopters of property derivatives are now able to complete more complex trades than ever and are seeing new opportunities arise as the market continues to mature.
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News
BTR sector set to benefit from billions of pounds worth of investment
Some of the world’s largest real estate investors - including Mitsui Fudosan, Pimco and the Korean Investment Corporation (KIC) - are lining up to plough billions of pounds into the UK’s burgeoning build-to-rent (BTR) sector, Property Week can reveal.
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News
Logistics focus helps Barwood fund beat its first close target
Barwood Capital has exceeded its first close target for its 2017 UK regional property fund after raising £42m.
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News
Salford council set to back two major office schemes
Salford City Council has agreed to make a major commitment to two of the city’s landmark office developments, forward-funding one and taking a long lease at the other.
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News
New tenants for Angel Court
Mitsui Fudosan UK and development partner Stanhope have confirmed two further office lettings at Angel Court, bringing the City office building to more than one third let.
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Markets
Ambitious development is the only way in Essex
Colchester, Britain’s first city and its oldest recorded town, has in recent years lacked the PR profile or the pull of neighbouring towns. East of the county’s industrial core, the town lost out to Chelmsford, Essex’s administrative centre, in its 2012 bid to become a city once again.