All Property Week articles in 21 April 2017 – Page 2
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AXA & ATP acquire premium hotel development in Amsterdam
Denmark’s largest pension fund, ATP, has teamed up with AXA IM-Real Assets in a 50/50 joint venture to forward purchase a 650-room hotel development in Amsterdam.
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PHP boosts portfolio
Primary Health Properties (PHP) has revealed it added £13.5m of acquisitions to its portfolio in its latest trading update.
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U+I reports full-year fall in NAV as profits plunge
U+I, formerly known as Development Securities, has reported falls in Net Asset Value (NAV) and profit for the full year to 28 February.
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UKCPT posts positive NAV return
UK Commercial Property Trust, the FTSE 250 investor advised by Standard Life Investments, has posted a 2.5% net asset value total return for the three months to 31 March.
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NAV and earnings nudge up at Redefine
Redefine International, the FTSE 250 income-focused UK-REIT, has revealed a slight increase in earnings and NAV for the six months to 28 February.
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The Power of Proptech
As part of a detailed piece of research to be debated at a future Property Week -hosted think-tank discussion on the impact of proptech, sponsored by Freeths, we are inviting YOU to provide insights on your experience with technology in the property sector .
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Funds finally flow in for Ipswich Winerack development
The stalled development of the ‘Winerack’ building on Ipswich waterfront is set to restart after a combined £20m investment from the Homes and Communities Agency (HCA) and New Anglia Local Enterprise Partnership.
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Claymore signs duo of flagship occupiers for Derwent House
Claymore Group has announced two flagship lettings at its Derwent House scheme Sheffield to global engineering services consultancy Mott Macdonald and software and professional services company SDL.
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C&W targets £30m investments for Basingstoke Council
Basingstoke and Deane Borough Council has appointed Cushman Wakefield to advise on a possible £30m of property investments.
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Shaftesbury to create 48,000 sq ft mixed-use scheme for Chinatown gateway
A new 48,000 sq ft mixed-use scheme has been unveiled by Shaftesbury as part of a £15m development at the eastern gateway to Chinatown.
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Kenny joins Cairn Homes as CFO
Cairn Homes has appointed Timothy Kenny as chief financial officer and director.
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BlackRock completes €700m European fund close
BlackRock Real Assets has completed the final close of its Europe Property Fund IV, having secured €700m (£595m) in commitments from more than 30 institutional investors.
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AREF pledges to work to improve open-ended funds
AREF has pledged to drive change to ensure that open-ended funds continue to work in the best interest of consumers following the publication of the Association of Real Estate Funds’ report by independent consultant John Forbes to assess the impact of the EU referendum result.
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Oxenwood completes £286m Ultrabox buy
Oxenwood Real Estate, in joint venture with a Canadian institutional investor, has completed the acquisition of a portfolio of prime logistics properties in the UK for £286m.
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Cushmans' head of Glasgow office agency poached by CBRE
Cushman Wakefield’s head of office agency in Glasgow, Andy Cunningham, is leaving the firm to join CBRE.
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Picton NAV nudges up but returns fall
Picton Property Income has revealed a rise in net asset value per share of 1.7% for the three months to the end of March.
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Profits fall at Grosvenor as London market cools
Grosvenor Group, the Duke of Westminster’s property empire, recorded a 5% fall in revenue profit in 2016 as the London market cooled.
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IM Properties leases Solihull office
IM Properties has signed up tech innovator SOTI to its Mell Square office scheme in Solihull.
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British Land submits new Broadgate plans
British Land and GIC have submitted a planning application for the refurbishment of 135 Bishopsgate.
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New senior appointments for Altus Group’s lease consultancy
Altus Group has made two new senior appointments to their lease consultancy team in the shape of Adam Shorey and Will Holliday.