All Property Week articles in 20 October 2017 – Page 2
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OnlineInvestment in central London hits £4.82bn in third quarter
The third quarter of 2017 saw investment hit £4.82bn in central London’s commercial property market, up from £3.1bn at the same point last year and from £4.41bn in the second quarter this year.
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OnlineL&G completes £1.1bn of real asset disposals in 2017 to date
Legal General’s principal balance sheet businesses, Legal General Capital and Legal General Retirement have completed a record £1.1bn of real asset disposals in 2017 to date, of which around £1bn has been to international investors.
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OnlineHugo Boss HQ on market
Brockton Capital has put the Centro Building in Camden, north London, on the market for £83m.
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OnlineStandard Life Investments begins £80m spec office redevelopment
The Standard Life Investments Pooled Property Pension Fund has started its £80m speculative redevelopment of the Grade II listed Farmiloe building in London’s Farringdon.
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OnlineMayfair Capital fund completes £33.1m of acquisitions
Mayfair Capital Property Unit Trust (MCPUT) has acquired £33.1m in assets, taking the fund’s net asset value to approximately £340m.
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OnlineTrio of new associate partners for Farebrother
Tim Cooney, Alex Krivinskas and Jack Williamson have been appointed associate partners at London Midtown consultancy Farebrother.
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OnlineApollo and Palmira sets up €1bn logistics JV
US private equity giant Apollo Global Management has established a joint venture with Palmira Capital Partners to invest more than €1bn (£890m) in the European logistics market.
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OnlineK&C embarks on ambitious £400m acquisition spree and main market listing
K C REIT is seeking to raise £150m ahead of a switch from the Alternative Investment Market (AIM) to the main market of the London Stock Exchange as it embarks on an aggressive £400m-plus private rented sector acquisition spree.
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OnlinePound strengthens against euro on Catalonia
The pound strengthened against the euro on Monday, as the common currency weakened on the growing crisis in Catalonia.
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OnlineMalaysian-led resi regeneration plans for Filton Airfield cleared for take-off
Multi-national Malaysian infrastructure conglomerate YTL has announced plans for its first major UK project, a resi-led regeneration of 354 acres at Filton Airfield, have received the green light from South Gloucestershire council.
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ProfessionalTriple senior hire for Foundation Home Loans
Specialist lender Foundation Home Loans has announced multiple new hires across its senior team.
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OnlineRealbuzz targets 30 UK stores
Performance leisure and fitness brand realbuzz has opened a new store in Grosvenor Europe’s Liverpool ONE scheme, and says it plans to open 30 more in the next two years.
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OnlineHenderson Park snaps up Los Cubos in Madrid for €52m
Henderson Park has bought the Los Cubos office building in central Madrid from Realia Inmobiliaria for a price believed to be around €52m (£46m).
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OnlineCR makes four European hires
Pan-European real estate adviser, asset and investment manager CR has announced four new appointments across the UK, Netherlands and Spain.
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OnlineHarworth gets green light for 800-home Nottingham scheme
Harworth Group has been granted planning permission for a mixed-use development of the former Thoresby Colliery in Nottinghamshire, comprising 800 homes and 250,000 sq ft of commercial space.
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OnlineSchroders buys £27m DIY store in Germany
Schroder Real Estate Kapitalverwaltungsgesellschaft has acquired a DIY centre in Brunswick, Germany, from M7 Real Estate for €30m (£27m).
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OnlineL&G boosts BTR team with new hire
Legal General has boosted its build-to-rent team with the appointment of James Robson as residential development manager taking the team to eight.
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OnlineNetwork Rail sells logistics centre for £35m
Network Rail has sold its National Logistics Centre in Ryton, Coventry, to the West Midlands Pension Fund for £35m.
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OnlineLondon pub and restaurant portfolio hits market for £70m
A 16-strong portfolio of London licensed leisure properties has come to the market with an asking price of £69.55m.
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OnlineArmagh council pledges £250m investment in public-private initiatives
Up to 8,000 new jobs will be created in the Northern Ireland region of Armagh City, Banbridge and Craigavon Borough by 2026.
