All Property Week articles in 24 June 2011 – Page 6
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Professional
Philanthropy of West End agent lives on through ‘fair access’ fund
The life of John Tranter, a Cushman & Wakefield West End leasing agent, who died last year at the age of 30 from a pulmonary embolism, will be commemorated by a memorial fund.His parents, Richard and Helen, will part-fund a “fair access” internship and mentoring award for the next four ...
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News
Next opens in Aberystwyth
Retailer Next will open a fashion and homeware store in Aberystwyth, west Wales, in August. Next has taken a 14,070 sq ft store on a 15-year lease at the Parc-Y-Llyn retail park. Edgerley Simpson Howe advised Next; Wilkinson Williams advised landlord DTZ Investment Management, acting on behalf of Glasgow City ...
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News
Next opens in Aberystwyth
Retailer Next will open a fashion and homeware store in Aberystwyth, west Wales, in August. Next has taken a 14,070 sq ft store on a 15-year lease at the Parc-Y-Llyn retail park. Edgerley Simpson Howe advised Next; Wilkinson Williams advised landlord DTZ Investment Management, acting on behalf of Glasgow City ...
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Markets
High Wycombe showroom at 7%
CBRE Investors, on behalf of PZR, has bought a 5,266 sq ft showroom 29/31 Oxford Road in High Wycombe from J Sainsbury Developments for £1.5m, reflecting a net initial yield of 6.93%. Capita Symonds advised CBRE Investors.
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Markets
Longcross raises £15m
A property investment fund, managed by two of Yorkshire’s best-known property personalities, has raised nearly £15m
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Markets
I2 Office chooses No 1 Leeds
I2 Office has taken 14,647 sq ft at IVG’s 122,000 sq ft No 1 Leeds property on Whitehall Road in the city. The serviced offices company has taken a 10-year lease at an undisclosed rent. Knight Frank and King Sturge advised owner IVG; Jones Lang LaSalle advised I2 Office.
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Insight
£100,000 is not enough
Sir, Grant Shapps thinks it is a “no-brainer” to evict council and housing association tenant families who between them earn £100,000 a year (@GilesBarrie/@PDimoldenberg, 4-5 June).There are 6,000 UK families whom he says are rich enough to buy their own home and should be evicted to make way for a ...
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Online
Homes & Communities Agency appoints new development partner in Greenwich
One of the Homes Communities Agency’s key regeneration projects in London has been given a fresh start following the appointment a new development partner
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Online
Last day to enter the Property Week Challenge
Today is the final day you can register to enter the Property Week Challenge to raise money for the Muscular Dystrophy Campaign.
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Online
Invista confirms £31.2m Wellgate buy
Invista Real Estate Investment Management has confirmed its acquisition of the Wellgate Shopping Centre in Dundee for £31.2m, as tipped by Property Week (8/4/11).
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Online
Henderson secures £70m refinancing for St James shopping centre
Henderson Global Investors has secured a £70m refinancing for its St James Shopping Centre in Edinburgh from BayernLB.
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Online
Second Oxford St letting for Salmon
NFU Mutual and Salmon Property have secured a second office tenant for their £35m 175 Oxford Street office and retail development in London, following a recent letting to Korean oil company SK.
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Online
Henderson completes Leadenhall Triangle buy
Henderson Global Investors has completed the purchase of the Leadenhall Triangle site for around £183m.
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Online
Assura sells pharmacy business to become primary healthcare property company
Assura Group has sold its pharmacy business in order to return to its roots as a primary healthcare property company.
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Online
Arjo Med AB takes 40,000 sq ft in Dunstable
Medical equipment manufacturer Arjo Med AB has taken a 40,000 sq ft lease in Dunstable, believed to be the largest letting in the northern home counties so far this year.
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Online
DevSecs and Ellandi buy Bristol office tower
Development Securities and Ellandi have bought a Bristol office tower for £7.6m, a 10% yield.
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Online
Qataris get Chelsea Barracks consent at second try
Qatari Diar’s controversial residential scheme at London’s Chelsea Barracks was last night granted planning permission by Westminster council.
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Online
Hermes buys 40-50 Eastbourne Terrace
Hermes Real Estate Investment Managers, on behalf of the British Telecom Pension Scheme, has exchanged contracts to buy 40-50 Eastbourne Terrace from Westlink Global Investments for £76m.