All Property Week articles in 25 January 2019 – Page 3
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Watford Council acquires Croxley Park in 40-year leasehold deal
Watford Borough Council has acquired the long leasehold of Croxley Park business park in a first ever deal of its kind for a local authority.
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Peel Logistics co-founder joins Verdion board
Peel Logistics co-founder and former Macquarie Capital senior managing director Jonathan Harris has joined the board of logistics specialist Verdion in a non-executive role.
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Airbnb signs for 40,000 sq ft at Dublin’s Reflector
Park Developments has agreed a letting with Airbnb for more than 40,000 sq ft of space at the Reflector building in Dublin’s Grand Canal Dock at a rent believed to be at around €60/sq ft.
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Murray moves from Savills to manage Orchard Street's portfolio
Orchard Street Investment Management has recruited Alice Murray from Savills to help manage its £2.1bn office and industrial portfolios.
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AXA IM makes debut Irish care home acquistion
AXA IM-Real Assets has made its debut in the Irish senior housing sector with the acquisition of a portfolio of ten purpose-built care homes on behalf of a private investor client.
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LXi sells supported living portfolio amid string of UK-wide deals
LXi REIT has sold a portfolio of 11 supported living properties for £10.9m private social impact fund HLIF.
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Tritax's share price falls on db investment
Tritax Big Box REIT’s share price fell 3.01% on Friday to 135.3p after it announced it is set to acquire a controlling stake in fellow logistics company db Symmetry.
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Seven Dials boss joins Palace Capital board
Palace Capital has appointed Mickola Wilson, the joint owner of Seven Dials Fund Management, as a non-executive director.
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Spelthorne Council's 100 Cheapside deal falls through
Spelthorne Council’s £136m purchase of 100 Cheapside has fallen out of bed, Property Week can reveal, just days after its purchase of Ballymore’s One Embassy Gardens fell through.
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DWS breaks €5bn barrier for real estate and debt deals
Asset manager DWS’s European real estate business completed a record €4.6bn (£3.9bn) of real estate transactions for its open-end real estate mutual funds and institutional segregated funds, close to €1bn ahead of its 2017 level.
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Ratings agency deal takes Tishman Speyer's Burohaus trophy tower to near full
Tishman Speyer Investment Management has agreed a long-term lease agreement in its Frankfurt trophy tower Bürohaus an der Alten Oper with global ratings giant DBRS.
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Praxis acquires Sittingbourne mall
Investment manager Praxis has acquired The Forum shopping centre in Sittingbourne, Kent, as it continues to go against the grain and invest in retail.
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ESO secures Spaces and Annodata as debut tenants at Maylands
ESO Capital has signed up the first two tenants for its refurbished Maylands Building in Hemel Hempstead, including IWG’s flexible workspace brand Spaces.
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How practically should big data serve the industry?
Big data usage across commercial property is too often conceptual, and therefore needs to do more to convince the industry for its wider uptake. So what should it look like?
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Elmbridge Council acquires £17m mixed-use Weybridge portfolio
Brunswick Real Estate has sold a portfolio of properties in Weybridge to Elmbridge Borough Council for £17.1m, in the latest major local authority property investment this year.
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Mayfair Capital fund delivers top 10-year returns
The Mayfair Capital-managed Property Income Trust for Charities (PITCH) has recorded the best 10-year performance in the MSCI/AREF All Balanced Property Fund Index.
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Bruntwood reports 'record annual results'
Developer Bruntwood has reported a 62% rise in annual profits to £116m in the year to September 2018 having grown its portfolio to £1.3bn over the period.
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Cleveland Clinic takes debut UK space at Patrizia’s 4orty
International medical group Cleveland Clinic has taken 28,841 sq ft of office space at Patrizia’s 4orty in Belgravia.
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Co-op property adopts proptech software
Co-op Group’s property arm has appointed proptech company iSite to roll out a new property management system across its estate.
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Healthcare merger sees share prices diverge
Primary Health Properties share price fell 2.78% on Thursday to 112p after the REIT announced an all-share merger of fellow healthcare property company MedicX.