All Property Week articles in 21 July 2017 – Page 4
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Online
Investment in industrial hits £2.3bn so far this year
Investment in the UK warehouse market hit £2.3bn in the first half of 2017, almost £1bn more than the same period in 2016 and 150% up on the long-term average, according to Savills.
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Online
Kellogg's moves HQ to MediaCityUK
Kellogg’s will relocate its UK headquarters to MediaCityUK in Salford after signing a lease for 48,000 sq ft at the Orange Tower.
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Online
Touchstone appointed to Ladbrokes residential portfolio
Betting firm Ladbrokes Coral Group has appointed property management firm Touchstone to manage its residential portfolio.
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Online
Reubens make £70m Golden Cross House buy
The Reuben brothers have acquired Golden Cross House on London’s Strand, from The Crown Estate for around £70m.
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Online
CapCo posts flat NAV and announces £225m US private placement
Capital Counties Properties (CapCo) has posted a marginal drop in EPRA NAV per share in half-year results and announced a £225m US private placement to help fund future investment in its Covent Garden estate.
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Markets
What impact would ‘stealth tax’ have on Jersey property?
Jersey is known as a playground for the rich. The opulent mansions, yachts and private jets that adorn its land, sea and sky are a constant reminder that the island’s community includes a disproportionate number of millionaires and billionaires attracted by its tax-haven status.
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Markets
Jersey and Guernsey strive to support population growth
The Channel Islands have the tricky task of growing while protecting green-belt land.
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News
John Lewis could use surplus space for flexible offices
John Lewis is considering a radical plan to incorporate co-working or serviced office space in its stores.
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Markets
Rare multi-apartment resi scheme set to fill gap on Guernsey seafront
The development of a new mansion isn’t an unusual thing in the Channel Islands. The tax haven has a record of attracting entrepreneurs and high-net-worth individuals in search of luxury space.
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News
Developer duo snaps up south London site
A pair of private developers has acquired a site near London’s Old Kent Road for a £520m mixed-use scheme as part of their plan to become a “major new player” in the London market.
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Insight
Department stores must innovate to survive
Department stores are having to get creative. Store sales are under pressure because of the shift to online retail, the rise of Amazon and our increasing preference for spending money on experiences rather than things.
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Markets
Current IFC masterplan ‘highly unlikely’ to be delivered in full
The one thing that all members of the Jersey property community have an opinion on is the development of the island’s International Finance Centre (IFC).
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Insight
UK's retail sector is still very much open for business
Recent political and societal events in the UK have put a dampener on our summer and, if we look back at the past six months, London and the rest of the UK have certainly been through the mill.
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Insight
No summer break for real estate investors
The end of H1 typically marks the start of the summer recess, but this year it seems the UK and European real estate markets do not want to take the traditional break. Global capital remains extremely active with domestic and global investors undeterred by continuing political instability.
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News
City buy shows Asian investor appetite for development risk
A Hong Kong-based private investor has acquired an office building in the City of London from Legal General for £32.4m, in a sign that appetite exists among Asian investors for redevelopment opportunities.
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News
Two new tenants take space at Angel Court
Mitsui Fudosan and development partner Stanhope have completed two further lettings at their City of London office scheme, Angel Court, bringing it to 50% let.
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Insight
Location and amenities key to GPU New Waverley pre-let
The UK government made waves in the Edinburgh office market last week when it announced a 190,000 sq ft pre-let at Artisan Real Estate Investors’ New Waverley scheme - the city’s largest letting in 20 years.
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Insight
Amazon is less slayer and more saviour of food retail property
When Amazon announced its intention to acquire top-end American grocery chain Whole Food Markets (WFM) for just $14bn (£10.7bn) last month, the facial expressions of a lot of real estate magnates with a presence in the retail space would have been interesting to see.
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News
Inspired secures £61m for developer’s biggest scheme to date
Inspired Asset Management has secured £61.1m in development finance for its biggest scheme to date, in Croydon, south London.
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Information
Property Week Digital Edition - 21 July 2017
John Lewis - Power 100 launch party - Chris Taylor interview - Channel Islands focus - Grocery retail