All Property Week articles in 25 April 2008 – Page 6
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News
Rhyme sublets in Canary Wharf
Rhyme Systems has taken 7,300 sq ft of office space from Citi at 25 Canada Square in Canary Wharf in London ’s Docklands at a no VAT rent of £49.50/sq ft. Knight Frank and Cushman & wakefield advised Citi.
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News
CoreNet calls on Nokia man
CoreNet Global has appointed Nokia’s UK-based vice-president of workplace resources, Mark Tamburro, as its first non-American chairman.
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News
Eight signings at Cabot Circus
Land Securities and Hammerson’s Bristol Alliance has secured eight more retailers at its Cabot Circus scheme, taking it to 85% let ahead of an autumn opening.
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News
Kilmartin buys in Watford
Kilmartin has bought a 3.3 acre former John Lewis depot in Watford for an undisclosed price from Blackrock.
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News
Co-op in talks to buy Somerfield
Co-operative Group is in talks to buy the 900-store grocery chain Somerfield from its owners, a consortium of Apax Partners, Robert Tchenguiz ’s R20 and Barclays Capital.
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Professional
Tricky business
Contractors are no longer prepared to jump through hoops for developers only to have their tenders rejected. Hamish Lal looks at how both sides can avoid litigation
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News
People building green light
Morley , on behalf of Norwich Union, and Stanhope have won planning consent for the second phase of the Peoplebuilding Hemel office park in Hemel Hempstead: a 96,500 sq ft building that will be Northgate Information Solutions headquarters and almost double the space that Northgate occupies in the town. ...
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NewsPrupim to build at GreenPark, Reading
Prupim is planning to develop 388,308 sq ft of new offices at GreenPark in Reading. The three buildings - 700, 800 and 900 South Oak Way - will front the M4 motorway. Fletcher Priest Architects designed the buildings. Campbell Gordon and Knight Frank are the letting agents for Prupim.
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News
Brum redefines city centre office market
Birmingham’s office agents have for the first time agreed on the definition and size of the city centre’s office market.
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Insight
Brixton origin project
Brixton has not started construction of its Origin project at Park Royal, as stated in Property Week (West London, 28.03.08) and Property Direct (London boroughs west, 18.04.08).
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Professional
British Library sets due date
The British Library is seeking new property advisers for its estate in London and Boston Spa, West Yorkshire.
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Professional
‘Outstanding’ for BREEAM
A strengthened version of BREEAM, the method of measuring a building’s environmental credentials, will be released to assessors next week in preparation for a summer launch.
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News
Neptune homes in on London B&Q
Axa Real Estate Investment Managers has sold the freehold of a vacant B&Q at Ealing Road, Alperton, west London, for £18.75m to Neptune Developments.
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News
BP Pension shops in Reading
BP Pension Fund has bought a parade of high street shops in Reading from Legal & General Investment Management for £28.2m, reflecting a net initial yield of 4.85% and an equivalent yield of 5.20%.
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MarketsMaghull boss in Hope Street email spat
Maghull managing director Mike Hanlon is taking legal advice after entering into a fierce email exchange with a local campaigner over £100m plans for a mixed-use scheme on four sites at Hope Street in the Liverpool’s renowned Georgian Quarter.
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News
Jolleys completes Blyth picture
The first phase of the 61,000 sq ft Blyth Valley Retail Park in Northumbria is fully let after Jolleys Pet Food took a 6,000 sq ft unit at £14/sq ft on a 15-year lease with a five-year rent review.
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News
The bluffer’s guide to property derivatives
Rob Atkin of Tullet Prebon and Gary MacNamara of DTZ help you navigate the derivatives maze
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News
Great Portland Kingsway block
Great Portland Estates is selling a 31,000 sq ft office block on Kingsway in London’s Midtown.
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InsightBirmingham’s right to be second city
Is Birmingham the north of the south or the south of the north?
