All Property Week articles in 21 February 2020
View all stories from this issue.
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Mipim organisers push ahead as first coronavirus case reported in Cannes region
The organisers of Mipim have insisted that the event will still go ahead, as French media reported the first case of coronavirus in the Cote d’Azur.
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Patron Capital sells Arlington Business Park stake for £129.25m
Patron Capital has sold its stake in Arlington Business Park to CapitaLand for £129.25m.
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Plans for third runway at Heathrow ruled illegal
Plans for a controversial third runway at Heathrow airport were ruled to be illegal by the court of appeal on Thursday because it would violate the UK’s climate commitments.
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LSH bolsters its capital markets team
LSH has appointed Jonathan Brown as an associate director in its national capital markets team.
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Urban&Civic to sell a 203-bed hotel in Manchester
The disposal of the hotel, which is operated by Marriott, is part of the company’s plan to focus on larger-scale developments.
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Live updates: Coronavirus fears lead to Mipim exodus
CBRE, JLL, Knight Frank and other firms will not be attending Mipim 2020 because of the spread of coronavirus across Europe.
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Helical sells Chiswick office campus for £41.6m
Helical has sold Chiswick office campus Power Road Studios to a private UK investment manager for £41.58m.
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Persimmon chief exec to step down
Persimmon chief executive David Jenkinson signaled his intention to step down after just a year in the job.
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Cushman & Wakefield backs out of Mipim 2020
Cushman Wakefield has withdrawn from attending Mipim 2020 because of growing concerns around coronavirus.
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Knight Frank long income fund raises £150m in equity
Knight Frank Investment Management has raised £150m to invest in assets spread across the UK.
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Moda reveals plans for 722 BTR project in Birmingham’s city centre
Build-to-rent developer Moda Living has revealed its plans to build 722 new homes in Birmingham’s central Great Charles Street neighbourhood.
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Sportswear brand Castore signs second site at Liverpool ONE
Grosvenor Europe has signed British sportswear brand Castore at Liverpool ONE, which will be the retailer’s first store outside of London.
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Eight-year planning-to-delivery time for large housing sites, report shows
Large housing sites of 2,000 or more dwellings take over eight years on average to get from the submission of initial planning applications to the delivery of the first homes, according to a report by planning and development consultant Lichfields.
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Goldman agrees £4.7bn deal to sell IQ to Blackstone
Goldman Sachs and Wellcome Trust have agreed to sell the UK student accommodation company IQ to Blackstone in a £4.66bn deal.
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Solid half-year results for Town Centre Securities
Town Centre Securities has reported a small dip in net asset value in half-year results but occupancy and rents both increased.
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Rutter joins CBRE as head of investment advisory
CBRE has hired Graeme Rutter as executive director and head of investment advisory, part of CBRE Capital Advisors.
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Profit falls at Taylor Wimpey
Profit at Taylor Wimpey slipped in 2019 as flat house prices and rising build costs hit the developer.
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British Land stays quiet on report of Grigg’s departure
British Land has refused to comment on a report that its chief executive Chris Grigg is set to step down after more than a decade in the role.
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Capco breathes a sigh of relief after Earls Court sale
Capital and Counties has posted a 10% fall in net asset value (NAV) reflecting the impact of the Earls Court sale and a 1.7% fall in the value of its London portfolio of property.
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NAV at Unite up following Liberty deal
Student accommodation giant Unite has posted an 8% rise in net asset value (NAV) in its full year results for 2019.