All Property Week articles in 22 February 2019 – Page 2
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Online
Persimmon's share price falls 5% on Help to Buy news
Persimmon’s share price fell 4.7% on Monday to 2,352p after The Times revealed the housebuilder may lose its right to sell Help to Buy homes.
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Online
Parsons quits as MD of Landsec’s retail division
Scott Parsons has quit as managing director of Landsec’s retail portfolio after five years in the role.
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Online
Derwent posts steady full-year figures
Derwent London has revealed net assets value (NAV) per share nudged up 1.6% during 2018.
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News
Mayor of London backs Apex Airspace with £10m loan
The Mayor of London, Sadiq Khan, will provide a £10m loan to airspace developer Apex Airspace to help fund its developments of affordable homes in London.
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Online
Galliard pumps £100m into work space diversification
Housebuilder Galliard is diversifying its business with the launch of a new £100m work space division to focus on schemes across London and the southeast.
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News
Fink appointed to project Etopia Board
Alex Fink, head of investor relations at British Pearl and the son of investor Lord Stanley Fink, has joined the board of modular housing company Project Etopia.
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Online
Why is the London office market still booming despite Brexit?
The London office leasing market ended 2018 on a high, even with all the uncertainty over Brexit. The city currently stands in third place behind Hong Kong and Tokyo as the world’s most expensive office market.
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Online
Urban Logistics REIT to forward fund two schemes
Urban Logistics REIT has agreed a deal to forward fund two urban logistics assets at Staffordshire’s Stone Business Park and Leicestershire’s Lime Kilns Business Park in Hinckley.
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Online
M7 acquires five retail parks for £23.9m
M7 Real Estate has acquired a total of five retail warehouse assets from four vendors for £23.9m, reflecting a net initial yield of 8%.
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Insight
Scandi brands on hunt for UK retail market opportunities
With more and more Scandinavian brands making their mark on the UK retail market, the opportunity to attend the CIFF and Revolver trade shows in Copenhagen was a great chance to meet and engage with these retailers.
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Online
Final Close of Hearthstone fund beats target
Hearthstone Investment Management has exceeded its target at the final close of its 10 year private equity fund, Hearthstone Residential Fund 1, with just over £200m of commitments.
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Online
Shamez Alibhai joins Man to launch affordable housing drive
Shamez Alibhai has joined Man Global Private Markets as head of community housing and portfolio manager.
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Online
New Kirkcaldy shopping centre owner sets out plans
The new owner of the Postings Shopping Centre in Kirkcaldy, which was listed for sale at auction for just £1 and eventually sold for £310,000, has set out its plan for the mall.
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Online
Persimmon's participation in Help to Buy under review
Shares in Persimmon fell by 5% this morning after it was revealed that the housebuilder may be stripped of its right to sell Help to Buy homes.
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Online
Hammerson caves in to shareholder pressure as it swings to loss in 2018
Hammerson is set to shake-up its board following pressure from Elliott Advisors, one of the retail property group’s largest investors.
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News
Proptech platform VTS names Gijo Mathew chief product officer
Leasing and asset management platform VTS has appointed a chief product officer following the firm’s launch of several new tools.
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News
Marathon markets £500m hotel portfolio
Marathon Asset Management has put a portfolio of 17 hotels on the market for around £500m.
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News
Eastleigh council snaps up retail park
Eastleigh Borough Council has acquired the Chestnut Avenue Retail Park in the town from Paloma Capital for £12.85m.
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News
British Land consults on office-led scheme for Paddington Pergola site
British Land has launched a consultation on a new 600,000 sq ft office and leisure development on the site of the Pergola food court at Paddington Central.
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Online
Gerald Eve makes three new hires in Manchester
Gerald Eve has added three people to its Manchester office in the lease consulting, rating and building teams.