All Property Week articles in 22 March 2019 – Page 3
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Online
Crest Nicholson poaches Galliford Try CEO
Troubled housebuilder Crest Nicholson has poached Galliford Try boss Peter Truscott as its new chief executive, replacing Patrick Bergin in September.
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Online
Omani billionaire eyes London listing for luxury resi group
Omani billionaire PNC Menon has revealed plans to list his multi-national real estate company on the London Stock Exchange.
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Online
Sports Direct considers cash offer for Debenhams
Sports Direct is considering a cash offer to buy Debenhams in the latest attempt by the sports retailer to gain control of the ailing department store.
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Online
Hansteen shares rise on results
Hansteen’s share price rose 3.5% on Monday to 96p after it revealed a fall in NAV caused by distributions to shareholders following disposals in its full-year results.
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Online
Gareth Bale-backed rowing gym secures debut site
A new rowing fitness concept backed by Real Madrid footballer Gareth Bale is set to launch its debut site in London this summer.
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News
PropBike 2019
Commercial property portal PropList is to launch a free, cycling-themed networking event later this year.
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News
Property Awards 2019 shortlist party
The finalists of the 2019 Property Awards celebrated making the shortlist for this year’s event at a party in London last week.
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Online
F&C warns of market volatility as rental income remains flat
F C Real Estate Investments has warned of “a period of market volatility and heightened levels of risk aversion from both occupiers and investors” ahead as it said it had experienced six months of challenging conditions.
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Online
Benson Elliot lets former BHS store in Wolverhampton
Benson Elliot has signed up four new retailers to its Mander Centre, in Wolverhampton, including the letting of a former BHS store.
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Insight
Industry looks beyond Brexit: Mipim editor's dinner
The leading industry figures who gathered for the Mipim editor’s dinner last week felt that property had the resilience to weather the current political uncertainty surrounding Brexit, while the future of retail, the housing crisis and the social impact of development were the more long-term issues up for debate ...
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Online
William Hill demands 50% rent cuts
William Hill has written to landlords across its estate asking for 50% rent cuts.
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Online
Homes England provides £224m funding for 4,500 homes
Homes England will provide £224m of funding to social housing providers Guinness and Stonewater for the delivery of 4,500 homes by 2022.
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Online
Retirement Villages Group appoints new chief executive
Retirement Villages Group has appointed Will Bax as its new chief executive.
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Online
Aviva forward funds Manchester hotel and car park
Aviva Investors has completed the £45m forward funding of a development plot in Manchester city centre.
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Hansteen founders set to cash in on multi-million pound share awards
Hansteen’s founders Morgan Jones and Ian Watson are set to cash in around £7m of shares after receiving another chunk of stock worth around £22m between them at the end of 2018.
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Chancerygate and Hines acquires two development sites
A joint venture between industrial developer Chancerygate and Hines has acquired two sites with a combined GDV of around £50m.
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Online
Scarborough and L&G secure pre-let at Thorpe Park
Scarborough International Properties and joint venture partner Legal General have secured an office pre-let at Thorpe Park Leeds.
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WeWork takes Moorgate space
WeWork has completed a deal to lease the entire space at 12 Moorgate, in the City of London.
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Online
Debenhams share price crashes in response to cash call
Debenhams’ share price plummeted 45% on Friday to 1.59p after the company looked to raise £200m but warned the action may “result in no equity value for the company’s current shareholders”.
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Online
LondonMetric sells two Yorkshire warehouses for £67m
LondonMetric has sold two logistics warehouses, in Sheffield and Wakefield, for £67m to Exeter Property Group.