All Property Week articles in 23 November 2018
View all stories from this issue.
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Intu shares plummet 40% after consortium withdraws bid
Shares in shopping centre landlord intu have collapsed by almost 40% after a John Whittaker and Brookfield-led consortium announced it was withdrawing its takeover bid.
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Bahor takes leading acquisitions role at Thor
Thor Equities Group has appointed Colin Bahor as director of acquisitions to help drive expansion of its global portfolio.
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Angelo Gordon and Beltane make Millenium Bridge House buy
US investment giant Angelo Gordon has teamed up with Beltane Asset Management to acquire Millennium Bridge House in an off-market deal for an estimated £95m.
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NAV continues to climb for LXi
Long income specialist LXi REIT has posted a 4.95% growth in EPRA NAV per share to 113p in half-year results to the end of September.
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Lisney makes quintet of promotions to target growth
Irish firm Lisney has announced the promotion of five new divisional directors including two new residential leads.
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Landmark Belfast office hits market
One of Belfast’s most prominent office buildings, The Gateway Offices in the Titanic Quarter, has hit the market for £34m.
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Hammerson completes £236m Highcross stake sale after securing fresh debt
Hammerson has completed on the sale of a 50% stake in its Highcross shopping centre in Leicester to an Asian investor represented by M G Real Estate for £236m.
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Attlee takes the reins at Empiric
Empiric Students has appointed Tim Attlee, current chief investment officer, as its new chief executive with immediate effect.
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Telford shares rise 3.51%
Telford Homes saw its share price rise 3.51% to on Wednesday after the housebuilder announced a 31% rise in revenue to £129.6m for the six months to 30 September, while pre-tax profit was up 16% to £10.1m, compared to £8.7m at the same point last year.
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BoE says disorderly Brexit could see commercial property values halve
The Bank of England has warned that commercial property values could fall by 48% in the event of a ‘disorderly’ Brexit scenario.
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Gowling WLG gains new planning partner
Gowling WLG has appointed Ben Stansfield as a new partner in its planning team.
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Telford appoints Savills to find institutional BTR investor
Telford Homes has mandated Savills to identify an institutional investor to become the housebuilder’s long term partner on built to rent (BTR).
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Unite sees off AGM shareholder revolt
Unite Group has seen down a shareholder revolt looking to curtail its ability to issue new shares at its AGM.
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Research highlights emergence of "Knowledge Agora" districts
New global workspace hubs are taking inspiration from the Ancient Greeks, according to new research by International Quarter London (IQL).
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Mayor of London allocates £492m to affordable homes
The Mayor of London, Sadiq Khan, has allocated £492m more funding to support 9,937 affordable homes, but his track record on housing in the capital has come in for criticism from the London Assembly.
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Pharma giant Novartis makes Stanhope and Mitsui's White City Place new UK HQ
Joint venture partners Stanhope, Mitsui Fudosan and AIMCo have secured a landmark tenant for White City Place with global pharmaceutical giant Novartis having signed to make the west London campus its new UK headquarters.
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M&G secures ServiceNow as final tenant at Staines Strata
M G Real Estate has agreed a deal with American cloud computing company ServiceNow to take the final 10,056 sq ft at its Strata office building in Staines.
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Sellar Group secures permission for amendments to £825m Paddington Cube
Westminster City Council has granted planning permission to Sellar Group and Great Western Developments to make “minor amendments” to the design of the £825m Paddington Cube development.
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Lift-off for Deka with Amsterdam airport logistics purchase
Deka Immobilien has exchanged on the purchase of a distribution centre being developed by Proptimize and Built to Build at Schiphol Logistics Park next to Amsterdam airport.
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Wanyoo set to make European debut in West End
Shaftesbury has signed international cyber café and eSports brand Wanyoo to make its European debut at 77-79 Charing Cross Road in London’s West End.