All Property Week articles in 20 July 2018
View all stories from this issue.
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Hansteen confirms major industrial portfolio talks with Warehouse REIT
Warehouse REIT, the AIM-listed specialist warehouse investor, has confirmed it is in negotiations with Hansteen over the acquisition of a £460m industrial portfolio.
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Glenny's Gordon goes to Colliers to boost resi team
Colliers International has appointed Oliver Gordon from Glenny as a new senior surveyor focussing on London and the South East.
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Enfield sets out new strategy for huge Meridian Water scheme
Enfield Council has set out a new strategy for its £6bn Meridian Water development, which will see it work with multiple partners rather than a single master developer.
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Indian developer builds UK portfolio with IKEA-let warehouse acquisition
Pears Property has sold a retail warehouse in Aberdeen to Indian developer House of Hiranandani for £22.5m.
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Putting communications on to the front foot
It’s not unusual for major property developments to take 20 years from initial concepts to cutting the ribbon. On a complex project there’s always plenty to do.
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New head of asset management for Knight Frank
Knight Frank has appointed Michael Lewis as its new head of property asset management.
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Skechers steps into Princes Quay for Humberside debut
American footwear retailer Skechers has signed for a double unit at Hull’s in-town outlet mall Princes Quay for its regional debut outlet store.
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Intu shares tumble on half year results
Intu’s shares fell nearly 10% (9.97%) to 162.05 p in early trading on Thursday morning after the company announced a 6% drop in portfolio value in its half year results and the departure of chief executive David Fischel.
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Intu's results reveal sharp valuation fall as CEO decides to retire
The value of intu’s portfolio has fallen 6% to £650.4m in the first half of year and the company has announced that chief executive David Fischel is to resign.
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Wellesley provides £39.9m for Manchester apartments
Development property finance specialist Wellesley has provided £39.9m funding for the completion of a 368-apartment building Downtown, in Manchester.
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SEGRO sees profits rise for first half
SEGRO has announced a 21% rise in adjusted pre-tax profits to £110.6m in interim results for the six months to 30 June 2018.
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Student REIT GCP secures £45m credit facility from Wells Fargo
Student accommodation specialist REIT GCP Student Living has agreed a three-year, £45m redrawable credit facility with Wells Fargo.
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Trump Organisation outlines plans for £150m resi-led investment in Aberdeen
US president Donald Trump’s family business has outlined plans to invest £150m in a major residential development within its Aberdeen golf and leisure resort.
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Sommer secures new retail director role at NEINVER
European outlet centres specialist NEINVER has appointed Sebastian Sommer as its new marketing and retail director Europe combining the roles for the first time.
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Gazeley expands with two new European offices
Logistics developer Gazeley has announced plans to open two new European offices as part of the growth of its platform since being acquired by Global Logistics Portolfio (GLP) for €2.4bn last year.
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Boutique Workplace Co picks St Pauls for 30th site
Flexible workspace provider The Boutique Workplace Company has signed a deal to open its 30 th site at 71-73 Carter Lane, overlooking St Paul’s Cathedral.
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M&G makes statement $1bn South Korean office acquisition
M G Real Estate’s Asia Property fund has bought Centropolis Towers in Seoul in a joint venture with two South Korean pension funds for $1.04bn (£790m) – its biggest commercial real estate acquisition for five years.
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COIMA buys €70m Scalo Farini railway yard site
COIMA SGR has acquired a residential-led mixed-use development within the Scalo Farini railway yard in Milan for €69.5m (£61.8m) from Kennedy Wilson’s Olimpia Investment Fund.
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Reuben Brothers buys Kensington block
Reuben Brothers has continued its spending spree in London with the purchase of Glen House, in South Kensington.
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Green light for new Olympic Park restaurant pavilion
The London Legacy Development Corporation has given Lendlease and LCR approval on plans to develop a new 10,000 sq ft restaurant pavilion within the Queen Elizabeth Olympic Park.