All Property Week articles in 23 August 2013 – Page 5
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News
M&G alights on CBRE’s Leeds base
CBRE’s Leeds headquarters, which was subject to a landmark rights-to-light dispute, has been sold to UK pension fund M&G Real Estate.
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News
Agents' prime time air time
Ludgate was enjoying a rare moment of summer relaxation by watching opular BBC One crime drama Luther, when she noticed several agents’ boards, such as this one from Kemsley.
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Professional
Carbon levies add to developers’ woes
Introduction of charges heaps more obligations on developers
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Professional
Take five … summer ‘bonding’ activities
Yes, “silly season” is upon us, so Property Week felt it appropriate to celebrate the multitude of activities property professionals can do at their place of work — other than work.
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Professional
Don’t believe the hype about Hyperloop
I’ve never seen Twitter go crazy over some guy’s idea for a new type of public transport.
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News
Blackstone plans $5bn Europe fund
Blackstone’s real estate arm aims to raise $5bn for its new European fund. This would make it the largest fund being marketed targeting Europe.
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News
Cerberus and Deutsche on Lloyds’ list to buy €450m Project Indie
Lloyds Banking Group has shortlisted four parties to buy its €450m Project Indie debt portfolio.
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News
German resi portfolio subject of €400m securitisation
A €400m commercial mortgage-backed securities (CMBS) refinancing is set to be completed.
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News
Livingstones in fresh £341m loan restructuring talks
The property company of the billionaire Livingstone brothers is working on restructuring proposals for a £341m loan that matures in October, which is secured against the Casino at the Empire on Leicester Square and other assets.
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Professional
People Moves: 23 August
Savills has recruited Jennifer Yates for its national management team, based in its Leeds office.
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Markets
Allsop is top residential auctioneer in first half of 2013
Demand for residential assets kept overall UK auction revenue buoyant during 2013, raising almost £2bn between January and August.
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Insight
Banks burn rubber on Euro loan sales in 2013
During the first half of 2013, just more than €5.8bn of commercial real estate loans and sales completed in Europe (table 1) — slightly less than the €7.6bn sold in the first half of 2012, Cushman & Wakefield reports in its European loan sale market mid-year review.
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Insight
GIC buys into 2m sq ft of City redevelopment opportunities
Singapore’s GIC will gain exposure to more than 2m sq ft of City of London refurbishment and redevelopment opportunities as a result of its decision to buy Blackstone’s half-share in Broadgate.
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Markets
Legal & General homes £15bn strategy
Managing director Hughes says build-to-rent has become more palatable
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News
£1bn council property sell-off could subsidise local services
Up to £1bn in public property receipts could be re-invested into frontline services, under radical government new measures designed to prevent councils from hoarding assets.