All Property Week articles in 23 June 2017 – Page 3
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Jigsaw slots in to King's Cross space
Fashion retailer Jigsaw has announced it will open a new store in King’s Cross, in Three Pancras Square on King’s Boulevard.
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Bank of England warns of repricing danger in commercial property
The Bank of England has warned that the UK commercial property market remains “vulnerable to repricing” in its financial stability report this morning.
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Valor adds third industrial site in Hayes
Valor Real Estate Partners has acquired a 140,000 sq ft logistics asset in Hayes, West London from Prologis on behalf of its clients.
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Barratt buys Acton site from CBRE GI
Barratt London has acquired a 2.4 acre site on Western Avenue in Acton, which is earmarked for a scheme of 300 new homes and 25,000 sq ft of retail space.
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LondonMetric sells in Marlow for £68.5m
LondonMetric has sold its last remaining office asset in Marlow to Kildare Partners for £68.5m, netting an £18m return on its investment in the scheme it bought five years ago.
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Green light for First Base co-working hub & homes in Earlsfield
Mixed-use developer First Base and JV partner Savills IM have received a resolution to grant planning consent from Merton Council for a £70m mixed-use development in Earlsfield.
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New partnership forms to develop £150m 'ethical housing' framework for South
Galliford Try Partnerships and E G Carter Co have partnered with ‘ethical housebuilder’ Aster Group as part of £150m deal to deliver up to 500 new homes across the south of England each year for the group..
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Deutsche AM and pbb provide £69m refinancing for Mayfair building
Deutsche Asset Management (Deutsche AM) and pbb Deutsche Pfandbriefbank (pbb) have provided a £69m facility to Aerium for the refinancing of its mixed-use building on the corner of Conduit Street and Savile Row in London’s Mayfair.
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Commerz Real puts Athene Place on the block for £120m
Commerz Real, the property fund owned by German finance giant Commerzbank, is set to put Athene Place in London’s Midtown on the market, Property Week can reveal.
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Opus & Bridges launch Midlands spec shed scheme
Opus Land and Bridges Fund Management have appointed BNP PRE and JLL as joint agents to market the JV’s new speculative industrial scheme CONNEQT.
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Four new signings take Nova Victoria above half-let
Landsec has secured four new lettings at Nova Victoria, with businesses leasing over 74,000 sq ft across Nova South and Nova North to the total scheme let to 54%.
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AXA IM expands infrastructure equity team with new principal
AXA IM - Real Assets has appointed Julien Gailleton as a new principal in its infrastructure equity team.
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Industry veterans launch Delancey-backed small cap investment firm
Industry veterans David Boyle and Brad Beanblossom have announced the formation of a new investment advisory firm, NW1 Partners, focused on small cap value-added property investments in the US, UK, and Europe.
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Henry Howard Finance launches commercial & property division
Henry Howard is launching a new commercial and property finance division, which will provide specialist advice, funding and support to businesses seeking finance for a wide range of commercial requirements.
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Hambridge gets green light for mixed-use school & apartment block in Southwark
Hambridge Homes has acquired planning permission to create a new mixed-use building on the Friars Primary Foundation School site on Webber Street, combining state of the art learning space and eight apartments.
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Russian billionaire buys Holland & Barrett for £1.8bn
Mikhail Fridman’s investment vehicle L1 Retail has agreed to buy health-food retail chain Holland Barrett from private equity owner Carlyle Group for about £1.8bn.
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Workspace shares flat
Shares in Workspace were flat on Friday, after the group completed the £158.7m acquisition of Salisbury House in the City of London.
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Inland gains planning for £28m Bournemouth resi and hotel scheme
Inland Homes has gained planning permission for 88 apartments and a 100-bed hotel at the site of the Wessex Hotel in Bournemouth.
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Peel builds stake in Hammerson
Peel Holdings has built a 4.6% stake in retail giant Hammerson.
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Deutsche AM spends £310m on London's Southbank
Deutsche Asset Management (Deutsche AM) has bought 2 and 3 Bankside on London’s Southbank on behalf of its German open-ended real estate funds for around £310m with a top up to be determined.