All Property Week articles in 22 October 2010 – Page 2
View all stories from this issue.
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Online
Westfield in talks to sell stake in Stratford mall
Westfield is in talks to sell a stake in its £1.5bn Stratford City shopping centre in east London.
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Valad sells final phase of Woolwich io Centre
Valad has sold the final phase of its £33m, 375,000 sq ft io Centre in Woolwich. The last remaining unit has been bought by Faircloth.
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Acuitus sells 52% for £17.3m at autumn auction
Acuitus raised £17.3m from 29 lots at its autumn auction last week, selling 15 lots to achieve a sale rate of 52%.
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BL agrees Cheesegrater deal with Oxford Properties
British Land today revealed it has signed a joint venture agreement with Oxford Properties to build the ‘Cheese grater’ development at Leadenhall Street.
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Meyer Bergman and Thor buy Burlington Arcade
Meyer Bergman and US based joint venture partner Thor Equities have bought Burlington Arcade for £104m.
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BNP Paribas Real Estate poaches Allsop west end agents
BNP Paribas Real Estate has poached two West End investment agents from agent Allsop in a bid to expand the firm’s West End influence.
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Online
Aberdeen to wind up €1.3bn fund
Fund manager Aberdeen is to liquidate a European €1.3bn property fund managed by subsidiary Degi, a German open-ended fund.
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Online
Targetfollow proposes £150m lifeline
Property developer Targetfollow said this morning that it had lined up a deal with a new investor to pump £150m into the business.
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Online
ProLogis confirms $1bn sale to Blackstone
ProLogis has sold a North American industrial portfolio, its interest in a hotel and interests in three of its property funds to Blackstone for $1.02bn.
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Online
Birmingham to lose 79 jobs in planning team shake-up
Birmingham City Council is set lose 79 full-time posts as it merges its planning and regeneration departments into a single team.
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Delek Real Estate sells 1 Croydon
Delek Real Estate and Major Belle have sold the 1 Croydon building in south London to an unknown buyer for £31m.
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The Property Archive: UK Property Investment Bulletin - Q3 2010
There has been selective movement in yields with the industrial and retail warehouse sectors moving out and the retail and office sectors moving in as the graph below shows.
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Gazeley builds spec in Germany
Gazeley has started speculative development in Germany with a 215,000 sq ft logistics warehouse in Kandel.
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Housebuilders waiting for 'autumn uplift'
Housebuilders are still waiting for the traditional autumn uplift in the market to get development quotas back on track, according to the latest figures from the National House-Building Council (NHBC).
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RTPI appoints new chief
Trudi Elliot has been appointed as chief executive of the Royal Town Planning Institute.
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News
Recovery Summit - Photos and Presentations
On Thursday 14 October Property Week gathered the leading names in finance to discuss the property markets recovery from recession.
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Meyer Bergman teams up for £100m Mayfair buy
European real estate investment and fund management firm Meyer Bergman is thought to have teamed up with Thor Equities to buy the £100m Burlington Arcade in Mayfair.
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Playboy Club returns to the West End
The Playboy Club is set to return to London’s West End with the opening of a new venue.
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Professional
Stimulate regeneration
Details of how the government’s £1bn Regional Growth Fund will be distributed are to be fleshed out in the paper
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Professional
Redistribute regional powers
The paper will spell out how local enterprise partnerships will be structured and funded. It will also indicate whether the partnerships should take over assets held by regional development agencies, such as Tower Works in Leeds.Local enterprise partnerships between councils and businesses are expected to be given responsibility for planning, ...