All Property Week articles in 20 November 2020
View all stories from this issue.
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News
Overseas landlords admitting tax avoidance surges 65%
The number of overseas landlords coming forward to admit tax avoidance has soared 65% in the last five years, according to accountancy firm Moore.
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News
‘Severe shortage’ of Grade A office space in Glasgow
Glasgow currently only has 6,200 sq ft of vacant Grade A office space in the city, according to research by CBRE.
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News
15-16 Park Row in Leeds sold for £8.4m
Corum XL, a fund managed by Corum Asset Management has purchased 15-16 Park Row in Leeds from clients of BMO Real Estate Partners for £8.4m.
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Online
Carter Towler acquired Ashley Smith Chartered Surveyors
Independent chartered surveyors Carter Towler has acquired Durham-based Ashley Smith Chartered Surveyors.
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Online
Delta Properties sells Heathrow Amadeus building for £15.6m
Delta Properties has sold the Amadeus building in Heathrow to a charitable foundation for £15.6m.
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Allsop releases 99-lot catalogue for final commercial auction of the year
Allsop has released a 99-lot catalogue for its final commercial auction of the year, featuring several mixed-use properties as private investors continue to focus on long-term and value add opportunities.
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Online
CBRE appoints James O’Neill to lead UK equity placement team
CBRE has appointed James O’Neill to lead the UK equity placement team within its capital advisors business.
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Online
URW places £1.79bn bond after shareholders reject share issue
Unibail-Rodamco-Westfield (URW) has placed a €2bn (£1.79bn) bond, days after its chief executive announced his intention to step down.
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Revised plans for controversial Goodsyard scheme recommended for approval
The Greater London Authority (GLA) has recommended that London mayor Sadiq Khan approve the revised plans for The Goodsyard, a controversial £900m mixed-use scheme in Shoreditch.
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Online
First Property Group posts loss after sale of Polish asset
First Property Group posted a 30% drop in pre-tax profit for the six months to 30 September, attributed primarily to the loss of earnings from the sale of a Polish asset.
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Online
Ask Real Estate secures £30m in investment for Newcastle development
Ask Real Estate has secured around £30m in investment through Canada Life Asset Management for the development of One Strawberry Lane in St James in Newcastle city centre.
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Online
Hammerson appoints new chief operating officer
Hammerson has appointed Grégoire Peureux to the newly created role of chief operating officer.
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Online
South West office building sold to Weslyan Assurance Society
Weslyan Assurance Society has bought the freehold of a Grade A office building in Bath from Wessex Water Services Limited for £6.75m.
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AXA IM acquires Kadans Science Partner platform
AXA Investment Managers - Real Assets (AXA IM - Real Assets) has acquired science parks developer and owner Kadans Science partner as it looks to enter the European life sciences sector.
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News
WorkPad announces two senior promotions
Serviced office provider WorkPad has promoted Edward Griffin to chief executive and Elliott Morley as chief operating officer.
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News
Propp launches property finance comparison site
Propp has launched Propp.io, a specialist property finance comparison website for bridging finance and commercial mortgages.
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Online
OakNorth Bank agrees £16.5m facility with Mumbles Group
OakNorth Bank has agreed a £16.5m facility with Berkshire-based property developer Mumbles Group.
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Online
Impact Smart Homes files plans for Sevenoaks smart neighbourhood
Impact Smart Homes, part of the Impact Capital Group, has submitted a planning application to Sevenoaks District Council to build a smart home neighbourhood.
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Online
Nine Travelodge hotels move to competitor AGO
Nine Travelodge hotels have moved to new platform AGO Hotels following the break clause deadline on 18 November.
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Online
adidas to expand its London Designer Outlet store to 10,500 sq ft
Sports brand adidas has set out plans to expand its store at the London Designer Outlet (LDO), highlighting the resilience of the outlet sector.