All Property Week articles in 20 September 2013
View all stories from this issue.
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OnlineShell picks preferred bidder for 1,600acre Carrington redevelopment
Langtree beats Peel and St Modwen to develop new town at Carrington - region’s biggest brownfield project
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OnlineUS student operator buys £300m Opal portfolio
American student housing operator Greystar, in partnership with Goldman Sachs, has exchanged contracts to take on the largest chunk of the collapsed Opal student portfolio, thought to be around £300m.
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OnlineHermes and Bell Hammer speculatively redevelop Reading office
Hermes Real Estate Investment Management Limited and Bell Hammer have completed the speculative redevelopment of Abbey Gardens South in Reading.
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OnlineCountrywide CEO: we wanted to move into commercial, so I picked up the phone to Ezra
Countrywide chief executive Grenville Turner today told Property Week that the estate agency firm decided to enter the commercial property world at the start of the year, and that Lambert Smith Hampton was “at the top of the list” of acquisition targets.
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OnlineLuxury South Kensington homes on sale for £45m
Harrington Court, a luxury serviced apartment block in South Kensington, has been put up for sale for more than £45m at a yield of around 4%.
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OnlineCushmans hires JLL director to head UK retail property and asset management
Cushman Wakefield has poached a director from Jones Lang LaSalle to become its head of UK retail property and asset management.
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OnlineCountrywide and LSH – how it works and what it means
It’s hard to say exactly how long the deal for Countrywide to buy Lambert Smith Hampton has been in the pipeline, but it is likely to be days rather than weeks. This deal was a real last minute job.
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OnlineCountrywide to buy Lambert Smith Hampton
Countrywide is set to buy Lambert Smith Hampton for £34.1m.
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OnlineThe Crown Estate and Oxford Properties form joint venture for £320m St James’s Market plan
The Crown Estate and Oxford Properties have completed a deal to form a joint venture agreement to finance the £320m St James’s Market scheme.
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OnlineL&G signs on £75m West Cross Industrial Park deal
Legal General Property has bought the West Cross Industrial Park from Segro for £75m, a yield of 6.8%.
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OnlineCountrywide to buy Lambert Smith Hampton
Countrywide is set to buy Lambert Smith Hampton for £34.1m.
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OnlineBattersea Power Station developer poaches top retail directors
The company behind the transformation of London’s iconic Battersea Power Station has poached two top retail experts from Intu Properties to help it create a new retail district south of the river.
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Online£1bn makeover for London’s Lots Road power station begins
A £1bn makeover of the site of London’s Lots Road power station is underway, transforming a section of the north bank of the Thames for the first time in 100 years.
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OnlineFacebook signs for 90,000 sq ft London relocation
Social networking giant Facebook has signed its deal to move from 36,000 sq ft in Covent Garden to almost 90,000 sq ft of space at British Land’s 10 Brock Street near London Euston station.
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OnlineLaSalle IM buys and funds Manchester hotel development
LaSalle Investment Management has announced the acquisition and development funding agreement of a new pre-let Motel One hotel on London Road in Manchester for £25.5m, from Livia, part of the Olympian Group of Connected Companies.
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OnlineFunds raise $6bn for US and European investment
Two heavyweight real-estate investment funds have reached significant commitment milestones, with up to $6bn raised for the market.
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OnlineMoorfield Group buys Quartermile
Moorfield Group’s real estate fund has bought the Quartermile scheme in Edinburgh.
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OnlineHenderson raises €230m for German logistics
Henderson Global Investors has raised €230m for its German Logistics Fund.
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OnlineHenderson raises €230m for German logistics
Henderson Global Investors has raised €230m for its German Logistics Fund.
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OnlineRockspring sells Richmond building
Rockspring Property Investment Managers has sold Oriel House at The Quadrant in Richmond to an institutional client of Aviva Investors for £9m, reflecting a net initial yield of 6.85%.
