All Property Week articles in 23 August 2013 – Page 4
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News
LSE’s Cancer Research fillip
The London School of Economics has bought Cancer Research UK’s London Research Institute in Midtown in a deal that could “future proof” the university’s space requirements for the next 50 years and provide a huge contribution to the charity’s work.
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News
Six retail hits for Canary Wharf
Six retailers including Michael Kors, Schuh and Asics have signed up for stores at the extended the Jubilee Place shopping mall at Canary Wharf.
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News
Deka funds Exchequer Court buy
Deka Bank has provided AEW Europe with finance to buy office building Exchequer Court in the City of London.
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Professional
India presses button on its first smart city
Permission has been granted to start developing a 250 acre “smart city” from scratch in Kerala, south-west India.
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Markets
Housing market buoyed by Help to Buy
A buoyant housing market and the Bank of England’s commitment to low interest rates will push housebuilders to accelerate existing developments and buy up more land over the next three years.
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Insight
Foreign funds are progressing on build-to-rent home front
“Glacial” could be one description of successive governments’ attempts to foster an institutionally funded build-to-rent sector.
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Insight
British Land’s lessons from Broadgate
Now that the sale of Blackstone’s half-share of Broadgate is well on the way to being completed, then the favourite pub debate can really begin: was British Land right to sell its 50% stake in the pioneering City of London office complex to the US fund in 2009?
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News
British Land's wrestling pro
A security o cer at British Land’s Drake Circus shopping centre in Plymouth has thrown himself into the limelight by writing a book about Big Daddy, a 1970s wrestling hero.
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Professional
People Moves: Instant, Jones Melling, Brabners, Macfarlanes and more...
Savills has recruited Jennifer Yates for its national management team, based in its Leeds office.
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News
Blackrock in giant Heathrow shed play
US fund manager Blackrock has bought the Bedfont Industrial Estate, near Heathrow airport, from Trehaven Group for £24m.
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Insight
‘Long life, loose fit’ is how it hangs with occupiers in Tech Belt
In our interim results last week, I told investors of the remarkable growth in London’s “Tech Belt” and its importance to Derwent London.
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News
Royal London beats Drum
Royal London Asset Management has placed under offer the second phase of Drum Property’s Prime Four business park in Aberdeen at around £30m, reflecting a yield of just more than 6%.
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News
Bend it like Barnsdales
This week, Ludgate thinks that with his half-shaved side swept quiff , Barnsdales’ trainee surveyor, Ben Flint possesses some similarity to the man of 1,000 hairstyles and 523 career goals: England golden boy David Beckham.
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News
Funding sought at Barbirolli Square
Moorfield Group and Oaktree Capital Management are searching for finance for their £41m purchase of 100 Barbirolli Square in Manchester, which was completed last month.
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News
Ted Baker turns to France
British fashion brand Ted Baker will open its first French store outside Paris at Hammerson’s Les Terrasses du Port retail scheme in Marseille.
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News
Residents behaving badly
Residents behaving badly Foundation PR sent Ludgate an email entitled “Estate agents see the naughtiest things”, and detailed the most shocking sights to confront agents when showing clients round residential properties.
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Markets
Regional shops are dropped at auctions
Owners offload secondary units as hopes hang on retail-to-resi conversion.
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Markets
Kennedy Wilson flies flag for auctions in Spain
The Spanish property market needs to undergo “an education” before auctions fully take off as a sales process, but the market is starting to see the very earliest stages of recovery.
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Markets
Distressed loan portfolios are slowly finding their way into auction rooms
Distressed loan portfolio sales and the restructuring divisions of banks are an obvious source of business for auction houses since the onset of the downturn.
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News
Arcadia offloads nine stores
Arcadia Group’s BHS is to dispose of a portfolio of out-of-town retail park stores.