All Property Week articles in 24 January 2020
View all stories from this issue.
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Online
RFR Holding buys Berlin’s Ampere building for €80m
RFR Holding has bought the Ampere building in Berlin from Avignon Capital for just over €80m (£67m).
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JV given go-ahead for £165m Birmingham regeneration scheme
Plans to build a £165m urban regeneration scheme in Birmingham have been given the go-ahead by the City Council.
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Hammerson receives green light for Martineau Galleries masterplan
Hammerson has received a resolution to grant planning for its Martineau Galleries masterplan in Birmingham city centre.
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Restaurant chain Cosmo secure three new sites
Buffet restaurant chain Cosmo has secured three new sites in Liverpool, Glasgow and Dublin.
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Belfast JV submits planning for £50m mixed-use scheme
A joint venture has submitted a planning application for a £50m mixed-use scheme in Belfast.
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Edinburgh St James bags 15 new tenants
Edinburgh St James has bagged 15 new tenants for its retail-led mixed use scheme due to open in October.
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Safra makes case for The Tulip ahead of appeal
Jacob J. Safra has outlined the case for The Tulip to be granted planning permission after submitting an appeal against the Mayor of London’s decision to turn down the application last year.
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Richmond mixed-use scheme gets green light
The London borough of Richmond has granted planning permission for a 22-acre mixed-use scheme.
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City of London confirms Wood Street police station sale
The City of London Corporation has completed the sale of Wood Street police station in the City of London.
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2019 industrial take-up 17% higher than average
Industrial and logistics take-up for 2019 reached 30m sq ft, exceeding the 10-year annual average by 17%.
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FORE’s plans for £90m speculative London office approved
FORE Partnership has received planning permission from Southwark Council to build a 110,000 sq ft workspace next to Tower Bridge, with a development value of around £90m.
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Derwent London buys Blue Star House in Brixton for £38m
Derwent London has exchanged contracts to buy Blue Star House in Brixton for £38m from Lancedrum, a subsidiary of Ireland-based Tubize.
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Guildford Debenhams hits market for £20m
The Debenhams department store in Guildford has been put up for sale for £20m.
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PATRIZIA raises further €384m for value add fund
PATRIZIA has raised a further €384m of equity for its value add fund, TransEuropean VII.
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Local Shopping REIT plans to rebuild portfolio
Local Shopping REIT will shortly announce a new investment policy with a view to growing the business after years spent gradually selling off its portfolio.
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M&G fund suspension continues as manager progresses £242m of sales
M G has decided to keep the M G Property Portfolio suspended as it pushes ahead with just over £242m of disposals.
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LTV covenant triggered on Intu shopping centre bond
The falling value of intu’s Metrocentre shopping centre in Gateshead has triggered a covenant in one of its bonds.
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NAV total return drops at UK Commercial Property REIT
Net asset value total return at UK Commercial Property REIT fell to 0.2% in 2019 as the company repositioned itself away from retail.
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Plans approved for £100m Glasgow Harbour retail and leisure scheme
A new £100m development in Glasgow Harbour has secured planning approval from Glasgow City Council.
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Mace pledges to be net zero carbon in 2020
Construction company Mace has announced that it is on target to achieve net zero carbon emissions this year.