All Property Week articles in 22 June 2018 – Page 2
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Online
Fruition gets green light for £50m Old Oak regen
Fruition Properties has been given the green light to develop its largest property to date within the 650 acre Old Oak and Park Royal regeneration zone.
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Online
Crest Nicholson teams with M&G for Thames Valley PRS partnership
M G Real Estate has teamed up with housebuilder Crest Nicholson to fund the construction of 114 private rental homes in a new Berkshire garden village.
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Online
Aldi to acquire Camden store as part of widespread Waitrose closures
Aldi has confirmed plans to acquire Waitrose’s store in Camden after the retailer’s owner John Lewis Partnership announced closures of five sites earlier today.
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Online
CBRE goes Low for new head of EMEA hotels investment
CBRE has appointed former Frasers Hospitality Trust head of investment Colin Low as its new head of hotel investment properties for Europe, the Middle East Africa (EMEA).
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Online
John Lewis issues profit warning and closes Waitrose stores
John Lewis Partnership has issued a profit warning saying it expected its profits in the first half of the year would be “close to zero”.
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Insight
Heathrow: localise the impacts, nationalise the benefits
Previous governments took policy decisions to support a third runway at Heathrow. What is different this time around, apart from a different decade and the fact that MPs have voted in the House of Commons?
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Online
KIM completes £200m 70 Mark Lane buy
Korean asset manager Korea Investment Management (KIM) has completed the acquisition of 70 Mark Lane in the City of London for a price in the region of £200m.
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Online
Croydon Park Hotel hits market for £25m
Evans Randall has put its Croydon Park Hotel on the market for £25m, a price which would reflect a net initial yield of 6.5%.
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News
Picton pays down debt
Picton has made a payment to reduce the group’s debt by £33.7 million, which has led to a drop in its loan to value (LTV).
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News
Countrywide shares continue to slide
Countrywide shares continued to slide on Tuesday dropping a further 10% to 49.05p after opening on Monday at 59.00p down 26.3% from its Friday closing price of 80.00p.
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Online
Inland Homes bolsters board
Inland Homes has appointed two non-executive directors, Laure Duhot and Brian Johnson, to its board with immediate effect.
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Online
Expansion plans hit IWG profits
IWG, the flexible workspace group in the midst of takeover talks, has warned profits for 2018 will be £15m to £20m less than previously forecast.
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Online
Marsh & Parsons founder joins Savills resi team
Savills has boosted its London residential team with the appointment of Marsh Parsons founder Liza-Jane Kelly.
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Online
Inaugural RESI trailblazers list selected
The RESI Senate has completed its judging process and decided the names that will make up the inaugural list of RESI Trailblazers, which will be unveiled at Property Week ’s RESI Convention this September.
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Online
London deputy mayor James Murray joins line-up for RESI Convention
London’s deputy mayor for housing and residential development James Murray is among five new speakers confirmed for the all-new RESI Convention this September.
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Online
The great debate: #RESIdebate 2018
The residential sector is a hot topic for debate at the moment and ahead of this year’s RESI Convention, @PropertyWeek teamed up with @Savills to talk about ‘reimagining the housing market’ in a Twitter debate.
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Online
Gerald Eve secures former City Hall planner as senior associate
Gerald Eve has appointed one of the Greater London Authority’s senior planners to its planning and development team.
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Online
Triple Point secures eight supported housing schemes
Triple Point Social Housing REIT has secured a series of deals which will see it develop eight supported housing schemes across the north and east of England.
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Online
Be First builds on Dagenham regen with Dynamo Travelodge
Barking and Dagenham Council’s regeneration company has agreed a deal to build a new 78 room hotel alongside the new Dagenham East film studios.
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Online
MRI teams with Savills to bring PRS proptech platform to UK
US-based proptech platform MRI Software has announced the launch of its residential proptech software in the UK, Property Week can reveal.