All Property Week articles in 24 July 2015 – Page 4
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News
Pressure mounts on NAMA
Ireland’s National Asset Management Agency came under renewed pressure this week as politician Mick Wallace (pictured) called for the suspension of its €7.2bn (£5bn) Project Arrow sale in the wake of a series of damaging allegations made in recent weeks.
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News
Irish property scandal sends shockwaves through industry
Ireland’s property industry - north and south of the border - has come under intense scrutiny in the wake of allegations made by the independent Republic of Ireland politician Mick Wallace this month.
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Insight
Picton take to their wheels to honour historic influence
Ten years ago, Picton Capital chief executive Michael Morris wisely turned down an agency that was proposing to charge £60,000 to come up with a name for his new company.
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Markets
Heathrow industrial rents lag
Heathrow received the Davies Commission’s stamp of approval at the end of June as the preferred site for expanded runway capacity in the South East, but rents in its industrial market are continuing to fall behind those in rival west London location Park Royal.
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Insight
There is a growing opportunity for UK healthcare investors
A recent hospital visit with my ageing father provided me with first-hand experience of how a wider adoption of technology (eg. sharing of electronic medical records) could help to accelerate healthcare innovation.
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News
Verdion riding high in Germany
European developer and investor Verdion is to develop and let a 273,200 sq ft logistics facility for Germany’s largest bicycle manufacturer, Derby Cycle, in Cloppenburg, Germany.
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News
Knightsbridge gains funding for Southampton sites
Knightsbridge Student Housing has secured £41.5m of debt financing from Investec Structured Property Finance for two developments in Southampton.
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News
Modern Society sets up flagship on Redchurch St
Pop-up boutique the Modern Society has taken its first permanent store, on Redchurch Street in Shoreditch, east London.
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Insight
Property needs to rediscover its enterprising spirit
Enterprise. Innovation. Disruption. We all know the buzzwords and have heard how Uber, Airbnb and others are changing the business landscape forever. But what about our own sector? Is property an enterprising industry?
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News
Strutt & Parker ties up with former Lloyds duo
Strutt Parker has formed an alliance with Bayhead Advisers, the property finance advisory firm set up last year by Lloyds executives Andrew Wilson and Nick Bull.
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News
Top C&W salaries to be slashed in parity move
Some of Cushman Wakefield’s top-ranking staff are set to have their salaries slashed by as much as 10% to bring them into line with equivalent-level employees at the firm’s new owner DTZ.
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Insight
Last chance saloon for the UK's planning system
Is George Osborne’s Productivity Plan the right way to tackle the UK’s planning crisis?
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News
Union Investment makes a splash with Poland Riviera buy
German asset manager Union Investment has agreed to buy the Riviera shopping centre in Gdynia for €291m (£203m), in the biggest deal in Poland’s commercial property market this year.
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News
Echo to develop Brisbane resort
Echo Entertainment, one of Australia’s largest gaming and entertainment companies, has won the right to build a new leisure resort on Brisbane’s waterfront.
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Insight
Interview: The BPF's new chair Chris Taylor
With a new government, the ongoing debate over business rates and a Budget full of planning reforms, the summer has already been a busy one for the British Property Federation (BPF).
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Professional
Savills boosts worldwide occupier services team
Savills has bolstered its worldwide occupier services team with the appointment of Matthew Fitzgerald, who joins as an associate director in the firm’s Margaret Street office in the West End.
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Markets
Economic boost for Dover centre
Dover has been in the headlines for all the wrong reasons recently, but Nick Desmond’s Bride Hall Real Estate Partners is hoping to change all of that.
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Insight
Birmingham helps drive stellar regional office take-up
Birmingham’s booming office market has helped drive commercial take-up in the UK’s nine largest regional cities to the highest level since the downturn, according to Bilfinger GVA.
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News
Candy Crush creators in deal to become new Kings of Soho
The creators of hugely popular video game Candy Crush Saga are in exclusive talks to take the whole of Resolution Property’s Ampersand building in the heart of London’s Soho.
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Professional
Getting the basics right is crucial to effective workplace design
I recently hosted a panel discussion at the Shard on workplace design.