All Property Week articles in 21 May 2004 – Page 4
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News
LandSecs shatters forecasts with best results in 4 years
Improving market pushes NAV up 9% and profits up 17% in Ian Henderson’s last results
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News
Accenture close to first sublet at EC3 office
Accenture is poised to achieve its first subletting at British Land ’s Plantation Place development on Fenchurch Street, London EC3. Insurance company QBE is taking one floor of around 45,000 sq ft (4,180 sq m) from the management consultant. Accenture preleased 375,000 sq ft (34,840 sq m) at the scheme ...
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News
Irish investors pour another £220m into UK property
Tiger wins Dunedin portfolio while AIB buys King’s Road block
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News
AM Development seals £210m project in Wolverhampton
AM Development, the Dutch-listed developer, has been selected to carry out a £210m retail-led revamp of Wolverhampton city centre. Wolverhampton City Council announced the appointment, as predicted by Property Week,last Thursday. AM, which is also bidding to develop in Barnsley where architect Will Alsop has designed a masterplan, beat rival ...
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News
Welcome to London in 2010
This exciting prospect for how the City of London skyline could look in 2010 is to be revealed at New City Architecture, a six-week exhibition which starts at London’s Broadgate today. The brainchild of Lord Mayor Robert Finch, a property lawyer, the exhibition will highlight the quality of architecture being ...
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News
Ship Canal House sold for £20m
Catalyst Capital, JER Partners and Royal Bank of Scotland have bought Ship Canal House in King Street, Manchester, from Isis Property for £19.3m to start a £100m regional office fund. The initial yield is 7.3%. GVA Grimley advised the buyers.
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News
DCA signs £150m LandSecs lease
The Department for Constitutional Affairs (DCA) is to occupy 550,000 sq ft (51,000 sq m) until 2026 at the former Home Office building at 50 Queen Anne's Gate, London SW1. It has signed an asset management contract and long-term lease worth £150m with Land Securities . As part of the ...
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News
Sainsbury’s takes 14 Morrisons stores
Sainsbury’s has bought a portfolio of 14 stores from Morrisons for more than £110m as part of a bid to increase its store space in the face of intense competition. Property director Desmond Taljaard led the deal to acquire the stores, all but one of which are Safeway supermarkets. They ...
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News
Hercules agrees £128m swap deal
Pillar-managed unit trust signs complex property exchange with HSBC trust
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News
Morley takes £100m control of Cardiff Bay
Associated British Ports leaves regeneration scheme after more than a decade
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News
PFB poised for £77m SE1 buy
Syndicated investor Pinder Fry & Benjamin is poised to buy Delancey 's Becket House, 1 Lambeth Palace Road, London SE1, for £76.9m. The 146,000 sq ft (13,564 sq m) building is let to accountant Ernst & Young , but has the benefit of a rental guarantee from the government for ...
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Online
Changing valuers will increase confidence, says Grosvenor chief
Jeremy Newsum, the chief executive of Grosvenor, has called for listed property vehicles to change their valuers every three years ahead of the introduction of Real Estate Investment Trusts.
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Online
Derwent Valley and Warner’s £126m acquisition double
Derwent Valley and Warner Estate Holdings, two of the most active medium-sized quoted property companies, this morning secured £126m of acquisitions between them.
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Online
£800m Paradise Street gets CPO nod
Grosvenor's £800m Paradise Street scheme in Liverpool took a major step forward today as the Office of the Deputy Prime Minister announced it had given full backing to the project's Compulsory Purchase Orders.
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