All Property Week articles in 2 November 2018
View all stories from this issue.
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Insight2019 forecast: Mark Allan (St Modwen)
After nearly three years of self-inflicted political turmoil, I hope we enter a period of greater stability, affording businesses the degree of certainty they need to make long-term investment decisions, boost productivity, create jobs and drive economic growth.
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Insight2019 forecast: Matthew Weiner (U+I)
”I hope we can begin to regain some of the trust our sector has lost”
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NewsIPO of Multifamily Housing REIT hits the buffers
The real estate arm of Harwood Capital, the fund manager led by JO Hambro founder Christopher Mills, has called time on its efforts to float a residential REIT.
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OnlineKurt Geiger flagship headlines three new signings for Bullring
Hammerson has announced that designer brands Kurt Geiger, Calvin Klein and Tommy Hilfiger will open stores at the Bullring in Birmingham before the end of the year.
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OnlineIrish housebuilder launches Lagan Investments with £455m spending power
Irish construction magnate Kevin Lagan has announced plans to launch a new investment business targeting real estate having sold the Lagan Group to Breedon for £455m.
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OnlineFlexible workspaces growth gives rise to shorter lease lengths
UK occupiers are negotiating shorter leases or more flexible long-term tenancy commitments, according to the annual UK Lease Events Review compiled by MSCI.
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OnlineNew diversity board for BPF led by VP David Partridge
The British Property Federation (BPF) has formed a new diversity board to “foster a more diverse and inclusive property sector”.
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OnlineUrban Logistics makes Post-It hub purchase for £17m
Post-It note manufacturer 3M Products has sold its Bedford hub to Urban Logistics REIT for £17m.
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OnlineCambs Council puts former William the Conqueror castle site on market
Cambridgeshire County Council has appointed Strutt Parker to sell its historic administrative hub Shire Hall which dates back to the times of William the Conqueror.
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OnlineVirgin Holidays lands at centre:mk for biggest UK store
Joint owners of centre:mk in Milton Keynes, Hermes Investment Management and AustralianSuper, have secured travel operator Virgin Holidays to open its largest ever store.
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OnlineAEW acquires Hypoport to build pan-European investment platform
AEW has expanded in Germany with the acquisition of Hypoport Invest.
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OnlineCBRE's Mathieson becomes new SPF chairman
The Scottish Property Federation (SPF) has confirmed its new chairman as Miller Mathieson, managing director of CBRE in Scotland Northern Ireland taking over after last night’s SPF Annual Dinner.
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OnlineCording acquires Strand office block for £46m
A private investment vehicle advised by Cording Real Estate Group has acquired the long leasehold of 111 Strand in central London for £46m, reflecting a net initial yield of 4.25%.
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OnlineToshiba cancels £10bn nuclear power plant project in Cumbria
Japanese conglomerate Toshiba has pulled the plug on the proposed development of a nuclear power station in Cumbria.
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NewsHealthcare REIT beats Target with £50m fundraise
Target Healthcare REIT has raised £50m in an oversubscribed share placement as it eyes continued expansion of its portfolio.
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OnlineTH Real Estate launches $200m Asia Pacific fund
TH Real Estate has launched a new open-ended property fund covering Asia Pacific Cities with $200m initial investment .
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OnlineAvison Young lands deal to buy GVA
Canadian group Avison Young has agreed to buy GVA from Swedish private equity group EQT.
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OnlineHousebuilder shares react to executive departures
Housebuilder Redrow’s share price fell 2.83% on Wednesday to 549.00p after founder Steve Morgan announced his retirement for a second time with chief executive John Tutte set to take over the role of executive chairman from March.
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OnlineJD Sports adds Tessuti to line-up at Manchester Arndale
Manchester Arndale owners intu and M G Real Estate have secured a double signing from JD Sports to expand the sports-fashion retailers presence at the shopping centre.
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OnlineTritax EuroBox continues acquisitions spree with Bochum buy
Tritax EuroBox has continued its rapid acquisition of a series of continental European logistics assets with the €35.7m (£31.2m) purchase of a warehouse near Bochum at a net initial yield of 4.9%.
