All Property Week articles in 22 March 2013 – Page 2
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OnlineDTZ demerger
DTZ could be spun out of UGL as the Australian support services firm announces it has launched a strategic review of the business.
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OnlineKey upward only rent review case in Ireland
The debate surrounding upward only rent reviews for Irish commercial property has been reopened by a key legal ruling yesterday.
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OnlineBirmingham centre closer to Paradise
Birmingham City Council has given its approval to a joint venture agreement with the backers of Argent to rejuvenate Paradise Circus in the city centre.
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OnlinePureGym poaches B&M Retail's head of property to lead expansion
Budget gym operator PureGym has poached B M Retail’s head of property to become its new group acquisitions director as it plans to build a portfolio of 80 gyms by this time next year.
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OnlineCapital Economics: UK Commercial Property Data - Institutional Investment Q4 2012
Net property investment still solid but unspectacular.
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OnlineCapital Economics: UK Commercial Property Update - Retail
Today’s better-than-expected retail sales data will do little to halt the polarisation in values evident in the IPD retail sub-markets.
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OnlineCushman & Wakefield: Shopping Centre Investment - Q1 2013
The first quarter of 2013 has seen a number of large, prime shopping centre transactions complete, with Cushman Wakefield’s team having being involved in the majority.
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OnlineHotel group buys Hercules House in Waterloo for possible conversion
PPHE Hotel Group has bought the government-let Hercules House near Waterloo Station, in London, for £23.5m with plans to potentially convert it into a hotel.
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OnlineFirst Propinvest mall for sale at £25m
The first shopping centre held in Glenn Maud’s collapsed Propinvest Gemini portfolio is being prepared for sale.
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OnlineWells Fargo and LaSalle finance £95m Blackstone sheds deal
Wells Fargo & Company and LaSalle Investment Management have provided £67m of financing to Blackstone to support the acquisition of seven distribution warehouses across the UK, thought to have a price tag of around £95m.
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OnlineSalt mining town gets consent for £80m leisure development
An £80m retail scheme to rejuvenate the historic salt mining town of Northwich in Cheshire has secured planning consent.
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OnlineFirst phase of Croydon's Ruskin Square gets consent
Stanhope and Schroders’ first phase of the Ruskin Square masterplan has been granted delegated planning permission by the London Borough of Croydon.
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OnlineQueensberry Real Estate appointed on Corn Exchange in Manchester
Queensberry Real Estate has been appointed by Aviva Investors as development and project manager on its Corn Exchange scheme in Manchester.
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OnlineHammerson gets consent for £30m Welsh retail park extension
Hammerson’s planning application for a £30m extension to Cyfarthfa Retail Park, bringing Marks Spencer to Merthyr Tydfil, has been approved by the local council.
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OnlineBNP Paribas Real Estate poaches DTZ West End agent
BNP Paribas Real Estate has poached a West End office agent from DTZ.
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OnlineBlockbuster bought out of administration
Collapsed retailer Blockbuster has been bought out of administration by a subsidiary of restructuring specialists Gordon Brothers Europe.
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OnlineCountrywide exercises entire over-allotment option raising £19.5m
Countrywide announced today that the entirety of the over-allotment option relating to its initial public offering has been exercised, creating net proceeds of around £19.5m.
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OnlineWestfield forms Florida joint venture
Westfield Group has formed a joint venture with US-based O’Connor Capital Partners selling down a stake in a portfolio of six Westfield regional malls in Florida.
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OnlineBlockbuster bought out of administration
Collapsed retailer Blockbuster has been bought out of administration by a subsidiary of restructuring specialists Gordon Brothers Europe.
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OnlineDoncaster retail park sold for £3.5m
Ambassador Holdings has sold Centurion Retail Park in Doncaster on behalf of Fixed Charge Receivers for a price in excess of £3.5m.
