All Property Week articles in 21 April 2017 – Page 3
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OnlineNew EMEA data expert for CBRE
CBRE has announced the appointment of Alex Sharp to its data centre solutions team as head of project management consulting for the EMEA region.
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OnlineNew CFO for Empiric
Empiric Student Property has announced Lynne Fennah as the company’s new chief financial officer, taking over in June.
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OnlineJV completes £50m Erie Basin acquisition for BTR
Moorfield and Glenbrook have received the green light to begin work on the last undeveloped site overlooking Erie Basin in Salford Quays after completing the acquisition of the site from Peel ready to build 270 new homes.
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OnlineGreen light for 1.2m sq ft Stonebridge Cross redevelopment in Liverpool
Stoford Developments and Gallan Group will go ahead with their redevelopment plans for Stonebridge Cross in Liverpool, covering 1.2m sq ft of warehouse and logistics, following Everton’s decision not to build a new stadium at the site.
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OnlineDouble signing secured at Bristol's 2 Glass Wharf
Salmon Harvester and NFU Mutual have completed deals with Markel UK and MJ Mapp to take new leases at their recently completed £50m office development 2 Glass Wharf in Bristol.
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OnlineGraVity jumps into Bluewater with flagship park
Land Securities has announced that GraVity is to open a flagship trampoline park at the Bluewater shopping centre in Kent.
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OnlineTen new signings at Westgate Oxford
Land Securities and The Crown Estate have announced ten new retail and leisure lettings at its £440m shopping centre scheme in Oxford.
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OnlineLXM checks in as 48 Pall Mall's first tenant
Investment banking provider LXM Group has relocated its UK headquarters from Belgravia to the redeveloped 48 Pall Mall offices, becoming the building’s first tenant.
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OnlineCharities Property Fund buys Chichester department store
The Charities Property Fund, managed by Savills Investment Management, has purchased the freehold interest in House of Fraser in Chichester for a price of £13.4m.
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OnlineCBRE GI announces Seven Dials redevelopment
CBRE Global Investors has announced a full-scale redevelopment of Seven Dials Warehouse in Covent Garden, which will create 40,000 sq ft of prime office space.
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OnlineL&G acquires Staples Corner office and shed investment for £51.85m
Legal General has acquired the headquarters of JVCKENWOOD UK on behalf of its UK Property Fund for £51.85m, reflecting a net initial yield of 6.15%.
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OnlineCain Hoy and QIA provide £450m loan to Canary Wharf Group
Cain Hoy Enterprises has provided a £450m development loan to Canary Wharf Group to fund its office development One Five Bank Street, in what is believed to be the largest development financing to complete following the triggering of Article 50.
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OnlineSagi takes Market Tech private
Market Tech Holdings has agreed a takeover offer from Israeli billionaire Teddy Sagi’s LabTech Investments, which values the company at almost £900m.
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OnlineKennedy Wilson Europe agrees $4bn merger with American cousins
Shares in Kennedy Wilson Europe Real Estate (KWE) lept 13% in early trading following the revelation it had agreed an all-share merger with Kennedy Wilson Holdings (KWH).
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OnlineTritax seeks £200m from share issue
Tritax Big Box REIT is seeking to raise £200m in a share issue in order to fund further acquisitions.
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OnlineSpareRoom takes new space at Dale House
Helical has pre-let refurbished office space at Dale House in Manchester’s Northern Quarter to flatshare firm SpareRoom.
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Online90 North sells Feilden House to Siemens for £35m
90 North has sold Feilden House in Lincoln to Siemens for £35m.
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OnlineRob Clothier assumes new mantle at Collegiate AC
Rob Clothier has been appointed as development director at luxury student accommodation provider Collegiate AC. He will manage the firm’s newly launched division Collegiate Acquisitions Development Management.
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OnlineLandlords: it’s time for a wholescale review
With less than one year to go until the new rules take effect, landlords should identify properties that are border-line compliant and carry out fresh EPC assessments. Research has shown that repeat tests can sometimes bring unexpected results.
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OnlineQuantum sells in Brighton and buys in Maidenhead
Quantum Pension Scheme has sold an office and retail scheme in Brighton for £12.6m, reflecting a yield of 6.5%.
