All Property Week articles in 24 May 2019
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Blackrock markets £300m student portfolio
Blackrock Real Assets is marketing a student accommodation portfolio worth around £300m, which is held by its Europe Property Fund IV.
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Plans submitted for £50m BTR scheme in Sheffield
Plans have been submitted for a £50m build-to-rent development in Sheffield city centre that will form part of the ‘Heart of the City II’ scheme.
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WeWork unveils Birmingham and Cambridge plans
WeWork has unveiled plans to open new workspaces in Birmingham and Cambridge, where it has also entered into a shared revenue agreement with landlord Aviva Investors.
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Urban & Civic benefits from strong housebuilder demand
Urban Civic has reported solid NAV growth in interim results and upped its forecast for plot sales in the current year.
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DTZ Investors appoints Cushman & Wakefield to sell The Minories Collection
DTZ Investors has appointed Cushman Wakefield to sell two buildings in Aldgate, London.
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Cushman & Wakefield's head of London markets departs for The Office Group
Cushman Wakefield’s head of London markets Toby Ogden is leaving the business to join The Office Group (TOG) as chief commercial officer.
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Lender takes over equity of Harrogate shopping centre portfolio
Mezzanine lender DRC is set to take over the equity of a portfolio of three shopping centres after owners Oaktree Capital Management and London Associated Properties (LAP) decided not to inject any more capital into their joint venture.
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Swiss Life completes €1.7bn Paris offices deal
Swiss Life Asset Managers has completed its acquisition of a portfolio of core office buildings valued at €1.7bn in Paris Central Business District (CBD) from property company Terreïs.
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Veerman assumes leadership of EMEA real estate client coverage
MSCI’s head of EMEA analytics client coverage René Veerman is expanding his role to assume leadership of the real estate client coverage team in EMEA.
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Korean fund buys La Defense office in €280m deal
A Korean institutional investors has acquired Tour Europe in Paris’ La Defense for around €280m (£247m)
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Chancerygate and Hines buy Brum site for spec scheme
Chancerygate and Hines have purchased a 3.75-acre site at the Advanced Manufacturing Hub in Birmingham to speculatively build a new 19-unit industrial and warehouse scheme with a gross development value (GDV) of around £14m.
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HSBC UK confirms Quinlan appointment
HSBC UK has confirmed the appointment of Sharon Quinlan as head of corporate real estate.
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CBRE wins Cargotec mandate
CBRE has been appointed by Cargotec Oyj, a Finnish cargo handling solutions and services provider, to provide global facilities management.
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CLS buys £53.9m Aldgate office
CLS Holdings has completed the acquisition of London office building 9 Prescot Street for £53.9m.
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Telford continues to ramp up BTR focus
Telford Homes has continued to increase its focus on build-to-rent (BTR) with 70% of its pipeline now expected to be BTR developments.
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Allianz makes heavyweight appointments ahead of London office opening
Allianz Real Estate has appointed real estate investment banker Kari Pitkin from Bank of America Merrill Lynch (BAML) and property banker Shripal Shah from JCRA ahead of the opening of an office in London.
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Hark buys Rivington Land to form retail regeneration specialist
Retail asset manager Hark Group has acquired development management business Rivington Land.
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Essensys raises £28m in IPO
Essensys, a proptech company that provides software for flexible office providers, has today listed on the AIM stock exchange after raising £28m in an oversubscribed initial public offering (IPO).
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The London Resort appoints advisory board
The company developing a major new theme park in Kent has appointed an advisory board to help it move forward with plans to build the resort.
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John Lewis plans £21m refurbishment in Peterborough
John Lewis Partners has unveiled details of a £21m investment and refurbishment of its store in the Queensgate shopping centre in Peterborough.