All Property Week articles in 21 February 2020 – Page 3
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Online
London Elizabeth hotel launched to market
Savills has brought the London Elizabeth hotel in Lancaster Gate in Bayswater to market.
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Online
Clockwise Offices opening 25,000 sq ft flex space in Edinburgh’s Leith waterfront
Flexible workspace provider Clockwise Offices is opening a 354-desk location in Edinburgh’s Leith waterfront this spring.
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Online
Motor Fuel Group preparing for £3bn sale
A petrol forecourts operator is sounding out potential buyers for the business in a deal that could be worth up to £3bn.
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Online
Watches of Switzerland expands Knightsbridge store
Watches of Switzerland is to expand its presence on The Knightsbridge Estate by adding 53 Brompton Road to their existing store.
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Online
ABP strikes shed leasing deal in Newport
Howard Tenens Logistics has leased a 145,236 sq ft warehouse at ABP’s Port in Newport, Wales.
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Online
Coalition formed to demand cladding action
Cladding campaigners, residents, property managers and the UK’s largest freeholders have formed an coalition to request a multibillion-pound fund to remediate unsafe buildings.
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Online
Axa forms smart tech partnership on City skyscraper
Axa Investment Management – Real Assets has partnered with the customer app group Smart Spaces at its 1.4m sq ft 22 Bishopsgate scheme, in the City of London.
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Online
Cornish retailer Seasalt gears up for stateside expansion
Cornish fashion brand Seasalt is gearing up for stateside expansion after signing deals with 150 independent fashion boutiques in America.
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Online
Laura Ashley posts pre-tax loss of £4m
Struggling retailer Laura Ashley has reported a pre-tax loss of £4m in the second half of 2019, as it reaches a temporary funding deal with its main shareholder and leading creditor.
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Online
The Restaurant Group set to announce site closures
The Restaurant Group is set to announce site closures of it underperforming restaurant sites.
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Online
LaSalle IM funds Audley retirement scheme
LaSalle Investment Management has agreed a £106 m loan facility to finance the development of two retirement villages in the South of England.
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Online
Countrywide and LSL in £470m merger talks
Countrywide and LSL Property Service are in talks over a possible £470m merger that would bring together the UK’s two largest estate agent groups.
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Online
Clipstone gets go-ahead for warehouse redevelopment
Clipstone Industrial REIT has received planning permission to demolish a warehouse in Chessington and replace it with a bigger development.
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Online
Slade quits Evans Randall citing ‘different ambitions’ to founder
John Slade has quit his role as executive chairman of Evans Randall Investors after he and fellow management could not agree on the future direction of the company, Property Week can reveal.
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Online
Grosvenor gets the green light for Bermondsey BTR scheme
Grosvenor Britain Ireland has been granted planning consent for a build to rent neighbourhood in Bermondsey, south London.
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Online
Hammerson completes £455m of retail park sales
Hammerson has struck the largest retail park sale in a decade with the sale of a portfolio of seven retail parks to Orion Real Estate Fund V for £400m.
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Online
Freshwater bidco set to delist Daejan as it acquires remaining shares
A bid vehicle led by Freshwater Group has agreed to buy the 20.5% of Daejan Holdings it does not already control for £269.5m.
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Insight
Be kind. Be the solution
Will people suddenly start to ‘be kind’ in the national press and on social media in the wake of Caroline Flack’s suicide? I’m not holding out much hope, but I’d like to think so.
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Insight
Social impact: How do you measure up?
The property industry is waking up to the need to improve the social impact of what it does, but experts argue that we will only see real progress if standardised metrics are introduced.
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News
Rents grow sharply next to well-connected tube stations
Offices near well-connected tube stations and commuter hubs have experienced stronger-than-average rental growth in central London in the past five years, according to data from BNP Paribas Real Estate.