All Property Week articles in 21 April 2017 – Page 5
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Insight
Are green shoots appearing in prime London resi market?
London’s beleaguered prime residential market appears to be showing the first tentative signs of recovery.
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News
LBS to develop office scheme in Angel
LBS Properties has acquired a north London development site on which it plans to build a 36,000 sq ft office scheme.
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Markets
Network Rail rolls out flagship agile working concept in Brum
Birmimgham is jumping on the agile working bandwagon. Major corporations are increasingly embracing collaborative workspaces and many are looking for new office space to support their switch to a more flexible way of working.
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News
Regional disposals trim Accrue portfolio
Accrue Capital has sold five assets to take advantage of strong investor demand for well-let smaller lot sizes in the regional markets.
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News
Standout Soho sale boosts Allsop’s March receipts to £91.9m
Allsop’s commercial auction team has sold a terraced building in London’s Soho for £4.7m - its highest-value lot so far this year.
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Information
Property Week Digital Edition - 21 April 2017
Blockchain revolution - Workthere interview - West Midlands and science parks focuses
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News
Domestic buyers return to the investment market in Q1
UK institutions and REITs stepped up their investment activity in the first quarter of 2017 in a sign of their renewed confidence in the market’s health.
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Online
Native Land acquires West End office for redevelopment
Native Land has acquired the long leasehold interest in Regent House, a 1960s building located within The Portman Estate and close to Oxford Street that has been earmarked for a major redevelopment.
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Online
Land Securities and Delancey exit The Metro Shopping Fund
Land Securities and Delancey have exited The Metro Shopping Fund following completion of the sale of the 50% stake in Southside Shopping Centre currently held by DV4, clients of Delancey, to Invesco Real Estate for £150m, and the sale of Land Securities’ 50% stake in ShopStop, Clapham Junction to DV4. ...
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News
Greenwich council to take on residential development
The Royal Borough of Greenwich is set to embark on its first housing development, with plans afoot for six schemes of affordable housing units for rent.
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Insight
Greenwich earmarks periphery for renewal
Greenwich has become the latest London borough to set out its stall to developers and investors, pitching itself as a well-connected cultural hub with a need for better affordable housing.
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News
Auction House’s Q1 results outstrip last year’s figures
Auction House has hailed an improvement in its year-on-year first-quarter results as evidence the auction market has bounced back sooner than the wider market from the impact of the new stamp duty surcharge and EU referendum.
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Online
UKCPT sees benefit of strategy change
UK Commercial Property Trust has reported a portfolio total return of 4.4% for 2016 boosted by the company’s strategy to shift away from retail in favour of industrial.
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Insight
Midlands office market motoring on
The ‘northern powerhouse’ drive has boosted cities in the north, but the ‘Midlands engine’ is also motoring ahead, as shown by the high places of Birmingham, Solihull, Dudley and Coventry in Property Week’s Hot 100 offices list.
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Insight
My regeneration experience will stand me in good stead at Manchester council
Having admired Manchester’s success from the outside, it is tremendously exciting to have the opportunity to help shape it as the city council’s new chief executive.
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Markets
Steely determination: advanced manufacturing turns around South Yorkshire's fortunes
South Yorkshire suffered a huge economic blow after the demise of the steel industry in the 1980s. For years it seemed the damage was irreversible, but against the odds the area managed to retain its reputation as a manufacturing hub - and now that reputation is going from strength to ...
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News
Lure of large projects behind Ealing chief’s Be First switch
Ealing council’s housing chief, Pat Hayes, is leaving the local authority to become managing director of Be First, Barking and Dagenham’s arm’s-length regeneration company.
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News
Co-op close to landing Stansted shed deal
The Co-op is in negotiations to build a 600,000 sq ft distribution centre at Stansted Airport in Essex to service its growing store estate in London and the South East.
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Information
Private equity investors drive up petrol forecourt values
Petrol forecourt values hit a record high last year driven by a lack of supply and strong demand from private-equity-backed operators eager to expand their estates, according to Barber Wadlow’s 2017 Forecourt Property Market Update.
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Insight
Opinions sharply divided over property fund reform
The industry is divided on what lessons should be drawn from the spate of fund suspensions that occurred after the EU referendum.