All Property Week articles in 24 May 2013 – Page 2
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Debt fund close to £700m close
The steadily improving UK real estate debt market has seen a new debt fund draw in on a £700m closing.
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Schuh signs first out of town store in Teesside
Shoe retailer Schuh has signed for its first out of town store with British Land at Teesside Shopping Park in Stockton-on-Tees.
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Aviva completes 110,000 Royal Mail letting
Aviva Investors Pensions Property Fund has completed the letting of a 110,000 sq ft distribution unit in east London to Royal Mail.
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McKay Securities posts rosy results
McKay Securities has today announced a rise in its net asset value.
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Local Shopping REIT posts 10% NAV drop
Local Shopping REIT has today reported that its NAV has fallen significantly, indicating that the struggle in the retail sector continues.
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JLL director Godbert dies aged 59
A director from Jones Lang LaSalle’s Manchester office passed away last week.
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MedicX Fund vital stats down
MedicX Fund this morning reported a decline in its net asset value in interim results for the six months to 31 March.
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Mike Ashley's Sports Direct buys stakes in two European retailers
Mike Ashley’s Sports Direct has bought majority stakes in two leading European sports brands in Austria and the Baltic region.
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Local Shopping REIT posts 10% NAV drop
Local Shopping REIT has today reported that its NAV has fallen significantly, indicating that the struggle in the retail sector continues.
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BPF says high CIL rates are a "brake" on development
Local authorities are setting the community infrastructure levy so high that it is acting as a brake on development, according to the British Property Federation.
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Aviva considers £100m Peterborough mall stake sale
Aviva Investors is understood to be considering a sale of its 50% stake in the Queensgate shopping centre in Peterborough for more than £100m.
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Assura rejects MedicX takeover proposal
Assura Group has rejected the takeover proposal it received from MedicX on 17 May.
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Giant £585m hotel loan refinanced
One of the largest UK loan deals of the year, secured against a major hotel portfolio, has been completed, propertyweek.com can reveal.
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Property firms sought for parliament revamp
Property services firms have been invited to bid to draw up early plans for the proposed refurbishment of the Houses of Parliament.
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Labour moots private landlord register to drive up standards
The Labour Party has proposed a national register of private landlords and greater powers for local authorities in a bid to improve the private rented sector and drive out rouge lettings agents.
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Valad Europe appoints new head of investor relations
Valad Europe has appointed Greg Benhamou as head of investor relations.
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GVA poaches new head of West End investment from BNP Paribas Real Estate
GVA has poached its new head of West End investment in London from BNP Paribas Real Estate.
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Seventy-two percent of banks plan to trim offices
Seventy two per cent of banks with a presence in central London plan to streamline their real estate portfolios over the next two years to reflect the global economic landscape, and are looking at implementing more cost effective and efficient operational measures, according to new research from CBRE.
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Crown Estate announces St James joint venture
The Crown Estate has established a joint venture which will see Oxford Properties take a 50% stake in the £320m St James Market scheme in central London.
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Aviva and Hansteen establish £200m fund
Aviva Investors and Hansteen Holdings have today announced that they are launching an industrial fund seeded by £49m of property and with firepower to invest up to £200m in UK sheds.