All Property Week articles in 22 November 2019 – Page 3
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Plans unveiled for £70m resi scheme at MediaCity
Developer Glenbrook, working in partnership with Peel L P, has submitted a planning application to Salford City Council for a 280-unit development within MediaCityUK.
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Sunway buys two student digs in Bristol for £18m
Sunway Residence has bought the Centregate and The Colston student accommodation buildings in Bristol from HBD for £18.6m.
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Bank Leumi UK announces two new hires
Bank Leumi UK has announced two new hires in its property finance division.
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Bruntwood SciTech submits final plans for No.3 Circle Square
Bruntwood SciTech has submitted the final plans for the third office building at its Circle Square scheme in Manchester.
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Standard Chartered, ING and First Abu Dhabi refinance £885m at 100 Bishopsgate
Standard Chartered, ING and First Abu Dhabi Bank have refinanced £885m of existing construction funding at 100 Bishopsgate, for Brookfield Properties.
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Clarks appoints management consultants amid fear of store closures
Clarks has appointed management consultants to conduct a review of the high street chain, triggering concerns that job losses and store closures may follow.
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Liberty Life founder and intu creator Sir Donald Gordon dies
Sir Donald Gordon, the South African businessman that pioneered the development of shopping centres in South Africa and was behind Lakeside in Essex, has died at the age of 89.
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Savills announces new head of Workthere Europe
Savills has promoted Ed Bouterse as its head of Workthere Europe.
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BlackRock sells 65 Chandos Place for £30.2m
BlackRock’s UK Property Fund has sold 65 Chandos Place, a prime freehold office building in Covent Garden for £30.2m, to a private Hong Kong investor consortium.
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Patron Capital and Resonance launch first gender-lens property fund
A private equity real estate fund and a social impact investment company have collaborated to launch the world’s first gender-lens property fund to support vulnerable women.
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Blackstone frontrunner in €535m Starwood acquisition
Blackstone has notified the Competition and Consumer Protection Commission in Ireland of its intention to acquire Starwood’s five office assets in Dublin, which have a value of €535m.
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Cole Waterhouse’s Digbeth purchase paves way for £260m Birmingham redevelopment
Cole Waterhouse has acquired the 3.5-acre Digbeth site in Birmingham, in a deal that paves the way for a major redevelopment of the location valued at £260m.
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Delancey hires L&G’s Brown for capital markets role
Delancey has poached Legal General’s Lorna Brown to become its new director of capital markets.
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WeWork appoints former advertising guru as it reveals new five-year rescue plan to staff
WeWork has turned to former advertising industry guru Maurice Lévy to help rescue the beleaguered flexible office group.
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PHP forward funds Welsh GP centre
Primary Health Properties is to forward fund the development and acquisition of a purpose-built primary care centre in Mountain Ash, Rhondda Cynon Taf, Wales.
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Intu continues sell-off with £40m Northern Ireland sale to NewRiver
Retail giant intu has sold Sprucefield Retail Park to NewRiver REIT for £40m.
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Sirius posted steady interim results
Sirius Real Estate, the Germany focused business park operator, has posted a 7.3% rise in net asset value (NAV) and see profit nudge up in the six months to the end of September.
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Stenprop reports higher valuation and rental growth
Multi-let industrial (MLI) business Stenprop has reported a 3.5% increase in its portfolio valuation in the six months ending 30 September.
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The Clothworkers’ Company reveals plans for new City of London tower
The Clothworkers’ Company has revealed plans for a major new development in the City of London at 50 Fenchurch Street.
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Tories to increase stamp duty for non-UK residents
The Conservatives plan to increase stamp duty for foreigners buying properties in England by introducing a 3% surcharge.