All Property Week articles in 23 October 2015 – Page 2
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Colliers shares gain nearly 10% after results
Colliers International’s shares surged almost 10% in New York on Tuesday after the firm’s third quarter results.
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CBRE raises profit forecast in bullish results
CBRE has raised its earnings forecast for 2015 after reporting strong third quarter results.
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India Buildings hits the market
Irish investor Green Property has appointed CBRE and Worthington Owen to sell Liverpool’s grade-II listed India Buildings.
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Knight Frank promotes 96
Knight Frank has promoted 39 of its staff to salaried partner and 57 people to associate.
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Colliers reports sharp rise in EMEA revenues
Colliers International’s EMEA revenues have surged 30% on a like-for-like basis in the third quarter.
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Out-of-town shopping centres show steep growth
The UK’s out-of-town shopping centres saw their value soar by 6% in the third quarter of this year, marking the second steepest increase since 2000, according to the latest figures.
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Standard Life to fund £19m Rochdale shed
The Standard Life Investments UK Property Fund will invest £18.5m in the speculative development of a new prime logistics unit at Kingsway Business Park in Rochdale, Greater Manchester.
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Mayfair office sells for sub-2% yield
Blackstone has sold a Mayfair office building to a private European investor advised by Crossland Otter Hunt for £38m – with the price reflecting an unprecedented 1.86% yield.
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Chinese developer to bid for Manchester resi sites
Chongqing Jinstar Real Estate Development Company has formed a joint venture with Manchester Cheshire Construction to buy sites for residential schemes in Greater Manchester.
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Knight Frank Investment Management's AUM hits £1bn
Knight Frank Investment Management’s assets under management have passed the £1bn mark.
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Dragonfly cuts development loan pricing
Dragonfly Property Finance has reduced the pricing in its development loan range.
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Aberdeen shares rise on sale rumours
Shares in Aberdeen Asset Management rose on Monday following reports that the business may be sold.
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Cerberus wins €6.25bn Project Arrow
Cerberus has emerged as the winner of NAMA’s €6.25bn Project Arrow loan portfolio.
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Premier Inn announces flurry of deals
Whitbread has announced a series of development deals and planning consents for new Premier Inn sites, which will add 1,100 bedrooms to the brand’s UK total.
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Coach upsizes Regent Street store
Luxury accessories retailer Coach has agreed a deal with fashion brand Jaeger and The Crown Estate for the assignment of the lease on Jaeger’s Regent Street store.
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Property fund returns slow in third quarter
Returns from unlisted real estate funds fell to 2.9% in the third quarter, the AREF/IPD UK Quarterly Property Fund Index has revealed.
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EQT strengthens new property arm
EQT has beefed up its new property investment arm with three new appointments.
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Venn and Aprirose fund CNM’s Kingston tower deal
Venn Partners has financed CNM Estates’ acquisition of Tolworth Tower in Kingston, London, with £42m of senior acquisition finance and capital expenditure funding.
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BMO launches first pan-European fund
BMO Real Estate Partners has raised €150m from German investors for its first pan-European fund.
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Rockspring and Caisson buy £30m sheds
Rockspring Property Investment Managers and joint venture partner Caisson Investment Management have acquired four industrial estates across the UK for £30m.