All Property Week articles in 21 April 2017
View all stories from this issue.
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Skanska to co-develop Europe's largest co-working network
Skanska has pledged to invest more than €10m to develop the largest network of co-working space and private offices in CEE.
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Colliers strengthens Scottish sheds team
Colliers International has bolstered its Scottish industrial and logistics team with the appointment of Lewis Pentland as associate director for East of Scotland.
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C&W poaches Carter Jonas's Layton to boost resi research
Cushman Wakefield has appointed Lee Layton to a residential research role in its London Markets team.
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Green light for £150m Avitus scheme
Maryland Securities’ residential-led scheme to transform a three-acre former lace factory in Nottingham has been given the go-ahead from councillors.
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Countryside reveals string of management changes
Countryside has announced a series of senior management changes including the retirement of the chief executive of its Partnerships division Richard Cherry after 35 years with the company
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Taylor Wimpey sets aside £130m after leasehold review
Taylor Wimpey has set aside £130m to tackle the problem of home buyers who have been saddled with leases which are subject to ten year doubling ground rents.
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Green light for £500m Royal Elm Park to boost Reading
A £500m landmark, mixed-use development adjacent to Reading FC’s Madejski Stadium, has been unanimously approved by Reading Borough Council.
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Shareholder warns about potential £100m payout to Persimmon chief exec
Royal London has announced it will be voting against Persimmon’s remuneration report – warning that the chief executive Jeff Fairburn could be in line for a £100m payout.
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Barings acquires Finnish second city shopping centre for €30m
Barings RE Advisers has acquired the Entresse Shopping Centre in Espoo from the CapMan Group for €30.4m.
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Materion gain for Verdion in Germany
Verdion has invested in a new €16m logistics and production facility for Materion Corporation near Frankfurt in Germany.
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Town Centre Securities appoints new finance director
Town Centre Securities has appointed Mark Dilley from Asda as its new group finance director.
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WELPUT exchanges on 3 St James’s Square sale
WELPUT has exchanged contracts to sell 3 St James’s Square to a consortium of investors in Joint Treasure International for £135m.
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KFIM’s Long Income Fund secures £500m of committed equity
Knight Frank Investment Management’s Long Income Property Unit Trust (KFIM LIPUT) has raised nearly £200m of new equity at second close in addition to the £307m raised at launch in February 2016.
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Snap general election could see investors switching focus to second half of 2017
The next two months of the year could see less than normal activity in the UK investment market, followed by heightened volumes in the second half, as investors hold out making decisions until after June’s general election, according to data analysis from Savills.
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Middle Eastern investor closes in on £400m South Bank scheme
Al Gurg Group is in exclusive talks to buy 2 3 Bankside from M G Real Estate for just under £400m.
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Scottish house prices heading north
The average house price in Scotland has risen to £173,862, a 3.3% increase since last year and 1.4% increase since February, according to the latest Scotland House Price Index.
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Major spec dev warehouse site unveiled for Swindon
DB Symmetry has announced that it is to speculatively build a new 217,000 sq ft logistics unit - the first of its multi-million pound development in Swindon revealed by Property Week in February.
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Telepizza launch UK flagship in Hounslow
The world’s largest non-US based pizza delivery company, Telepizza, has announced the launch of its first store opening in the UK as part of a growth plan which will see ten new stores open in the UK this year.
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South East offices take-up hits £440m in Q1 2017
South East offices have seen £440m of investment transactions and 741,295 sq ft of take-up in Q1 2017 according to new research.
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Dividends of REITs are under pressure, says Jefferies
Jefferies has downgraded its dividend per share forecasts for British Land, Hammerson, Intu Properties and Segro by 10%.