All Property Week articles in 20 November 2015 – Page 2
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Developers 'treat planning with contempt', says Hackney mayor
Hackney’s directly elected mayor today strongly criticised developers working in the capital for failing to respect local planning policies.
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London buyers get turbo-charged Help to Buy
The government will provide equity loans to cover up to 40% of the price of homes in London, under an extension of the Help to Buy scheme unveiled by George Osborne today.
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Osborne drops buy-to-let stamp duty bombshell
George Osborne has announced a crackdown on the buy-to-let market with a new 3% stamp duty to be levied on the purchase of additional properties.
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Local councils to keep all receipts from asset sales
Local councils will be able to keep 100% of the receipts from assets they sell, including property, to spend on improving services in their area, the chancellor has said.
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TR Property Investment Trust boosts interim dividend by 6.8%
TR Property Investment Trust has published its interim half-year results and revealed a 6.8% annual increase in its interim dividend.
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Orchard Street signs up Aldi in Colchester
Aldi Stores has taken a 20-year lease on a 20,000 sq ft unit with Orchard Street Investment Management at Colne View Retail Park in Colchester.
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Savills IM takes Dutch commitments to £70m
Savills Investment Management has continued its Dutch investment drive with the acquisition of a retail park in Tilburg.
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Investor sought for huge Manchester resi site
Manchester City Council and the Homes and Communities Agency are seeking an investment partner for a scheme to deliver thousands of homes on the northern edge of the city centre.
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Osborne pledges £6.9bn in new home ownership drive
George Osborne has launched “the biggest housebuilding programme since the 1970s” in the autumn statement today.
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Shaftesbury falls despite strong results
Shaftesbury shares dipped a fraction on Tuesday even though the West End landlord reported better than expected annual results.
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British Land launches bond buyback offer
British Land is offering bondholders the chance to sell back almost £170m of bonds due in 2020.
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Blackstone halts £550m City sale
US private equity giant Blackstone has pulled the £550m sale of the Devonshire Square estate in the City of London and will now undertake an asset management programme for the scheme.
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RLAM acquires Stansted warehouse scheme
Royal London Asset Management has bought a warehouse project currently under construction to the south of Stansted Airport from Marshgate Group for £14m.
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Property demand from Chinese insurers predicted to rise
Overseas property investment by the Chinese insurance industry is expected to reach £48bn ($73bn) by 2019, according to Cushman Wakefield.
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Thirteen promotions at Strutt & Parker
Strutt Parker has announced a series of promotions including four members of staff who have been made full partners.
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Centrica takes space at Park House
REM has secured a letting to Centrica at Park House on London’s Oxford Street.
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Sirius sees pre-tax profit rise 85%
Sirius Real Estate has revealed an 85% increase in profit before tax in its latest half-yearly results.
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Highlands hotel sold for £70m
The Cameron House hotel in Loch Lomond, Scotland, has been sold to US private equity group KSL Capital Partners for £70m.
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NAV leaps 22% at Shaftesbury
Shaftesbury, the Soho landlord, has reported growth of more than a fifth in net asset value (NAV) over the past year as shoppers and investors continued to be attracted by its prime London locations.
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Sirius shares rise after solid interims
Shares in Sirius Real Estate rose on Monday after the UK-listed owner of German business parks published strong interim results.