All Property Week articles in 20 December 2019 – Page 2
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CLS pays £19m for Staines office scheme
CLS Holdings has paid £19m to snap up an office block in Staines.
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Barkby Group acquires three firms and lists on new exchange
The Barkby Group, a consumer-focused hospitality group, has completed a reverse takeover of three companies and has re-listed on a new exchange.
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Tritax Symmetry Park Wigan scheme recommended for approval
Symmetry Park Wigan, has been recommended for approval at Wigan Council’s planning committee on 14 January.
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Chancerygate sells and pre-lets half of Knutsford industrial park
More than half of the units available at the first phase of Chancerygate’s £33m industrial park in Knutsford have been pre-let or sold.
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£150m Springfield University Hospital scheme wins government approval
South West London and St George’s Mental Health NHS Trust has secured government approval to start work on a new £150m scheme to deliver two new facilities for south-west Londoners.
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€200m ‘City Campus’ sale completes
Arax Properties and Partners Group has completed on the sale of a €200m (£170m) office property in Berlin.
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LV Care Group secures £20m of debt finance from OakNorth Bank
OakNorth Bank has completed a £20m debt financing deal with LV Care Group, the Jersey-based care home provider.
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CALA Homes gets green light for Bromley residential scheme
CALA Homes has been given planning permission for a flagship development of 280 new homes in Beckenham, Bromley.
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Investment into London hotels set to reach record levels in 2020
Investment into London hotels could reach around £1.5bn in the first quarter of 2020, according to research from Savills.
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Tristan poised to buy £140m Reading International business park
Tristan Capital Partners is under offer to buy Reading International Business Park from DWS Group for a price understood to be around £140m.
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Savills IM buy Paris logistics centre from Barings
Savills Investment Management (Savills IM) has acquired a logistics centre in Paris, France for €83.8m (£70.7m) on behalf of its European Logistics Fund 3.
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room2 appoints investment manager
Boutique hotel and serviced apartment company room2 has appointed Aymen Souihli as its investment manager in a newly created role.
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Safestore reports solid growth in revenue and profits
Storage group Safestore has reported solid growth in both revenue and profits in full year results.
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Glenveagh trebles sales and revenue
Irish housebuilder Glenveagh Properties more than trebled revenue last year, as it sold a record number of homes.
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Harworth buys industrial scheme in Yorkshire and sells Solar Portfolio
Harworth Group has bought an industrial unit in Yorkshire for £9.2m and sold a portfolio of freehold land for £5m.
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Bruntwood goes on recruitment drive as AUM hits £1.4bn
Bruntwood has rapidly grown the size of its team as the regional property specialist eyes opportunities across a number of sectors.
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Prologis swoops for Ravenside Retail Park in £51m deal with M&G
Prologis has purchased the Ravenside Retail Park in Edmonton from M G’s frozen property fund in a £51.4m deal, which will ultimately see the asset converted to an urban logistics hub.
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Bruntwood SciTech submits plans for £30m expansion of Birmingham Innovation campus
Bruntwood SciTech has submitted plans for a £30m expansion of its Innovation Birmingham campus.
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Two Elliot Group schemes suspended after founder’s arrest
Two schemes under development by Elliot Group in Liverpool have been put on hold by contractor Vermont Group following allegations made against Elliot Group founder Elliot Lawless.
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IPSX hires Huw Stephens as senior advisor
IPSX Group has hired Huw Stephens, the former head of UK transactions at PATRIZIA, as a senior advisor.