All Property Week articles in 24 October 2014 – Page 4
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Online
Confidence eases in UK commericial property market
Private equity funds are among investors turning their attention to the nascent investment market recovery in some of the Eurozone countries now “the crest of the wave has broken and the low-hanging fruit has now gone” in the UK, Lloyds Bank Commercial Banking claims.
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Online
L&G buys Manchester Travelodge for £23.1m
Legal General Property has bought 19-31 Piccadilly Gardens in Manchester for £23.1m from Jolan Piccadilly at a yield of 4.84%.
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Online
British Land scores with Sports Direct lettings
British Land has added to its recent slew of Sports Direct signings with 10-year lettings in shopping centres in Essex and West Yorkshire.
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Online
Holland & Barrett eyes Phones 4U stores
A further three packages of Phones4U stores are on the verge of being sold, Property Week can reveal, with health foods retailer Holland Barrett eyeing one tranche of shops.
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Online
Hermes and Countrywide launch PRS fund
Hermes Investment Management has formed a strategic partnership with Countrywide to launch a residential property fund investing in the UK private rented sector.
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Online
Spirit Pubs rejects C&C offer
Spirit Pub Company has shown the door to Irish drinks maker C C, which tried to gatecrash a proposed merger with Greene King.
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Online
Land Secs increases Bluewater stake
Land Securities has increased its stake in the Bluewater shopping centre by 0.4%, after acquiring a 1.6% stake in Lend Lease Retail Partnership (LLRP) for £12.8m.
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Insight
The planning system needs speeding up
Following the publication of the Lyons Housing Review last week, it was good to see major political parties putting housing at the front and centre of the agenda in the run up to the election.
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News
Online retailers 'need a physical store'
Online retailers will require a physical store presence to maintain market share and sales, according to a report from Harper Dennis Hobbs (HDH).
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Markets
Proliferation of private rented sector schemes in Manchester
Developers are flocking to Manchester looking for land for private rented sector (PRS) schemes.
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News
Select Property mulls stock exchange float
Select Property is mulling a stock exchange listing as it looks to double its Vita Student portfolio to 4,000 beds over the next three years and significantly expand its UK buy-to-let offer.
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Insight
Don’t let lack of planning fuel your fire risk
I am writing in relation to the utter destruction caused to Kenwick Park Leisure Centre near Louth by the fire which broke out in the early hours of 13 October.
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Markets
Stoford wooing ‘hybrid-type’ developers for Worcester site
Revised plans are ready to be submitted for former Bosch plot. Nick Johnstone reports.
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News
TH Real Estate lining up new debt for warehouse fund
TIAA Henderson (TH) Real Estate is close to agreeing a £400m refinancing of its relaunched UK Retail Warehouse Fund, in addition to securing new financing for three shopping centres in continental Europe.
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Insight
Why empty premises could leave you with hefty costs
The requirement to pay rates for unoccupied commercial property remains a significant problem for the property industry.
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Markets
Oxford and Milton Keynes still lack conditions for growth
There are significant obstacles to development in both centres, writes Christine Eade
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Professional
Companies shouldn't get tripped up by poor whistleblowing policy
From government agencies to retailers, broadcasters to hospitals, all UK industries must consider the potential ramifications of being caught out by whistleblowing legislation.
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Insight
Stadium projects can help local communities
I read with interest your piece entitled ‘Goal… or red card?’
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Insight
Why coming out of a recession can be a dangerous time
Bricks may be more in demand in London than Mulberry handbags right now, judging by Stock Exchange releases from housebuilders and the luxury goods group in the past month, but resulting cost rises may be the least of contractors’ and their clients’ problems. .
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Professional
Colliers’ Tim Nicholls moves to London
Colliers International has appointed Tim Nicholls as a director in its EMEA team in London. He was formerly the company’s director of valuation and advisory services in the Czech Republic.