All Property Week articles in 21 March 2014 – Page 2
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Hema agrees debut UK stores
Dutch value retailer Hema has agreed deals to open its first two UK stores.
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Sentinel plans 578 Basingstoke homes
Sentinel Housing Association has submitted an outline planning application to develop 578 homes on Chapel Hill in Kingsclere Road, Basingstoke.
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Pears and Khalastchi bank on £150m bingo and casino sell-off
A portfolio of just fewer than 40 bingo halls and casinos is being primed for sale for more than £150m, a week after last week’s Budget brought a boost for the ailing sector.
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Allsop raises £78m at commercial auction
Allsop raised £77.9m at its second commercial auction of the year on Monday, with an average success rate of 82%.
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Two retailers sign at Crown Estates' Slough retail park
New Look and Boots have signed to take space at the Crown Estate’s Bath Road Shopping Park in Slough.
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JustGiving heads south
JustGiving has taken 15,000 sq ft on the second floor of the Blue Fin building on the south bank.
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Investment manager under offer at Finsbury Circus House
First State Investments has put under offer around 25,000 sq ft of space at Finsbury Circus House in the City of London.
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New home for Department for Education
The Department for Education (DfE) is moving into the Old Admiralty Building in Whitehall as part of government efforts to reduce the cost of its property portfolio.
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LondonMetric recruits non-exec director
LondonMetric has appointed Rosalyn Wilton as non-executive director.
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Marchington sees three industrial lettings
Horton’s Estate has completed lettings totalling 275,000 sq ft at Marchington Industrial Estate in Staffordshire.
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New REIT floats on London stock exchange
Mattioli Woods has launched a £130m REIT called Custodian on the London Stock Exchange.
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Swiss watchmaker heads to Mount Street
Swiss luxury watchmaker Richard Mille is set to take its first London flagship store at 90 Mount Street in Mayfair.
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Profit growth slows for CarpetRight
CarpetRight has announced lower profit expectations as the UK’s housing market recovery fails to have an impact on results.
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Standard Life Investments acquires Ignis in £390m deal
Edinburgh-based pensions and insurance firm Standard Life has acquired Ignis Asset Management for £390m.
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Lumina offloads office building
Lumina Real Estate Capital has sold its property at 100 New Kings Road to London Square.
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CBRE Global Investors appoints Americas head
Paul Sisson has taken on the role of head of Americas at CBRE Global Multi Manager.
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New regional heads at CBRE
CBRE has appointed two chief executive officers for its EMEA and Asia Pacific divisions.
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LondonMetric completes on DFS assets
A LondonMetric joint venture has completed the acquisition of 27 DFS assets from the administrator of Delphi Properties for £175m, reflecting a 9.3% yield.
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NFU Mutual blasts off with £34m warehouse buy
NFU Mutual has bought two logistics warehouses in Avonmouth, Bristol for £34.45m at a yield of 5.34%
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Albemarle & Bond goes into administration
High street pawnbroker Albemarle Bond has this afternoon appointed administrators at PWC.