All Property Week articles in 21 April 2017 – Page 4
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Online
Verdion kickstarts phase two of £500m iPort
Verdion is set to add a further 3m sq ft of space within phase two of iPort, its 6m sq ft intermodal logistics park in Doncaster.
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Online
City office primed for £700m sale
The City of London trophy office building Plantation Place is being primed for sale at an asking price of £700m.
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Insight
Sheds: we need to act now to cater for the rise of ecommerce
On 27 April, Property Week ’s Sheds Conference returns, eight years after the last one, in the depths of the worst property downturn of the past 35 years.
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Online
Green light for Auriens to bring 'later luxe' to Chelsea
The Royal Borough of Kensington and Chelsea has granted planning consent to Auriens for a building of 55 luxury retirement living apartments on Dovehouse Street off the King’s Road.
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Online
Liverpool resi tower gets green light
Prospect Capital and Wilcocks Wilcocks have received planning approval for a 27-storey residential tower in central Liverpool.
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Insight
City records highest Q1 investment since 2007
The City of London investment market saw £1.9bn of commercial real estate transactions in March, taking the total for the first three months of the year to £2.6bn, the largest first quarter since 2007, according to Savills.
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Online
Ashtead falls amid delays to US infrastructure boom
Ashtead fell 2.7% on Thursday amid diminishing expectations of a US infrastructure boom.
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Online
Patron Capital ups interest in CALA and Retirement Bridge Group
Patron Capital has acquired additional interests in CALA Group, the UK housebuilder, and Retirement Bridge Group, the home reversion equity release provider, from Electra Private Equity.
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News
Hammerson buoyed by £360m debt deal
Hammerson has signed a £360m unsecured revolving credit facility with a syndicate of 14 lenders, including five Asian banks that had never previously lent to the company.
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Markets
Midlands mall extension will create a place to eat, drink and be Merry
Sprawling across almost 150,000 sq ft in the suburbs to the west of Birmingham, Merry Hill has acquired almost iconic status in the Midlands since it was built in the late 1980s by local developer brothers Don and Roy Richardson.
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Markets
Secondary retail assets present ‘golden opportunity’, says Savills
A lack of investment assets in the West Midlands means there is a large weight of money chasing any stock that does become available, according to research from Savills.
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Markets
West Midlands gets an ‘oo’ with Typhoo Wharf
The redevelopment of Typhoo Wharf and surrounding sites is set to accelerate the emergence of a new creative and technology hub taking shape just east of Birmingham’s city centre.
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Insight
So this lady was for U-turning
Great. Another referendum… sorry, general election. Like many, I’m pretty much with Brenda from Bristol on the surprise announcement. “You’re joking! Not another one,” she proclaimed in a clip that subsequently went viral. “Oh for God’s sake, I can’t stand this.”
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News
South Koreans take a slice of Hams Hall
A private South Korean investor is on the verge of acquiring a Sainsbury’s-let shed in the Midlands in a deal worth around £100m.
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News
IDI Gazeley poaches Lidl warehouse expert Munro
Industrial developer IDI Gazeley has poached Lidl’s head of warehouse construction Graeme Munro to take up the role of construction director for the UK.
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Insight
Going Dutch could radicalise the rental market
Last week, I had the pleasure of sitting down with my Dutch housing association counterparts to try to explain to them how the London market works and how people struggle to afford to live in London. Discussing this out loud really brought home just how broken the market is.
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News
Chinese developer gears up for major London push
Chinese property giant Country Garden has set its sights on building tens of thousands of homes in London as it looks to take advantage of the “golden opportunity” political uncertainty provides for overseas capital, Property Week can reveal.
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Insight
Blockchain: the new phenomenon set to transform the way we work
Got a mental block over blockchain? Don’t worry, it’s not as complex as it sounds.
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News
Logicor's biggest let yet
Logicor has completed its largest letting in the UK, signing up XPO Logistics to 645,000 sq ft at its distribution scheme in Tamworth, Staffordshire.
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News
Saudis land Berkshire deal
Saudi Arabia-based Tamer Group is set to acquire an office building in Maidenhead, Berkshire, for around £35m, reflecting a yield of 5.8%.