All Property Week articles in 21 November 2014 – Page 2
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London tops JLL’s European retail index
JLL has ranked London as the most attractive European city for international retailers in its cross-border retailer index.
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Japanese manufacturer heads to Deeside
Japanese snack manufacturer Calbee has signed to take its first European property at the Aberdeen Property Trust and Centurion Properties’ Deeside Industrial Park East near Chester.
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Strong first half for Telford Homes
Telford Homes has seen profit before tax rise to £9.4m in the six months to 30 September 2014, up from £7.7m in the same period last year.
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Pop-up retail firm raises $7.5m for expansion
Appear Here, an online marketplace for temporary retail space, has raised $7.5m from investors to fund its international expansion.
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First Property delivers big jump in earnings
First Property has reported a 184% increase in profit before tax in interim results this morning.
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LondonMetric posts 6.4% NAV increase
Retail property investor and developer LondonMetric has reported a net asset value per share of 128.8p, an increase of 6.4% since March.
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Investment agents unveil code to curtail 'double dipping'
Investment agents have been urged to sign up to a new industry code of practice aimed at curtailing the controversial practice of ‘double dipping’.
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Glazing manufacturer signs at Heathrow
Lothbury Investment Management has let an industrial unit next to Colndale Industrial Estate in Poyle to glazing manufacturer Glasszone.
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Software company bags record office deal in Leeds
Leeds-based property firm Rushbond has let a 24,000 sq ft building near Horsforth to global digital marketing agency Search Laboratory – the largest out of town office deal in Leeds this year.
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Hong Kong investor buys Oxford Street block for sub-3% yield
Hong Kong investor Emperor International Holdings has bought a prime retail investment on Oxford Street for £35m at a sub-3% yield.
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Barton sells off eight holiday and home parks
Barton Group has instructed Colliers to sell Barton Park Homes – a group of eight holiday and home parks - for a combined price of £22.55m.
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Gatehouse launches $100m debt fund
Gatehouse Bank has launched its first Shariah-compliant debt fund with $100m of committed funds from a US-based investment manager.
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Assura reports big jump in half-year profits
Primary care property investor Assura Group has reported a strong double-digit jump in half-year profits.
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Chinese insurer swoops on Milton Gate
Chinese insurance company Taikang Life and Gaw Capital Partners have placed under offer Milton Gate in the City of London for around £200m, Property Week can reveal.
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Benson Elliot sells Ealing Cross office to Aviva
Benson Elliot has announced the sale of Ealing Cross to Aviva Investors and completion of the sale of 1-8 The Broadway to Pramerica Real Estate Investors for a combined price of more than £100m.
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Quintain accelerates Wembley resi roll-out
Quintain has accelerated the pace of development of new homes at its Wembley Park site to more than 1,700.
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Caddick makes City One buy
Caddick Developments has confirmed the acquisition of a development site in Leeds which it plans to build a mixed-use scheme.
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Vauxhall Cross investor to pursue £12m compensation claim
Tempest is seeking £12m in compensation from Kylun and Wendover Investments, the parties behind the development of Vauxhall Cross Island, claiming the two have breached an agreement.
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Residential investor buys Battersea Homebase store for £200m scheme
Homebase has exchanged contracts to sell its store in Battersea to Marc Pennick’s Fifth Capital London for a £200m residential scheme.
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Accor continues expansion in Scotland with two new hotels
Accor, the world’s largest hotel group, is opening two new hotels in Scotland, bringing its total in the country to 20.