All Property Week articles in 25 May 2012 – Page 2
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Chelmer plans 40-storey Manc tower
London-based Chelmer Developments has embarked on an ambitious scheme to transform a part-finished concrete frame in Manchester into a 40-storey tower containing 600 serviced apartments, TheBusinessDesk.com reported today.
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American retailer to make European debut in Covent Garden
American fashion retailer Opening Ceremony is making its UK and European debut in London’s Covent Garden.
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Standard Life Investments buys in Glasgow
Standard Life Investments has bought a city-centre Glasgow office building for £4m.
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Brooks MacDonald looks to reap benefits of farming
Brooks MacDonald Funds has set up a new business to invest in farmland.
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Al-Jazeera in Shard first letting talks
Al-Jazeera is in talks to move its London bureau to The Shard, in what will be the first letting in the skyscraper.
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London & Stamford to cash in on central London residential
London & Stamford is to launch a £200m central London residential venture with two partners.
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Al-Jazeera in talks to become first Shard tenant
Al-Jazeera is in talks to move its London bureau to The Shard, in what will be the first letting in the skyscraper.
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Chinese giant to buy Drapers Gardens
A Chinese investment company backed by a state sovereign wealth fund has agreed a deal to buy Drapers Gardens in the City for £285m.
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Chinese giant to buy £285m Drapers Gardens
A Chinese investment company backed by a state sovereign wealth fund has agreed a deal to buy Drapers Gardens in the City for £285m.
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Beecham sells trendy Hoxton Hotel for £65m
The trendy Hoxton Hotel in London’s Shoreditch has been sold by its founder, Sinclair Beecham, and backer, private equity firm Bridges Ventures, to private equity fund manager Ennismore Capital for £65m.
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Government fund launched for empty homes
Communities minister Andrew Stunell has invited councils to bid for a share of a £145m fund aimed at bringing empty homes back into use.
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Fitness First to drop units through CVA
Gym operator Fitness First will this week put a plan to landlords proposing to offload a swathe of stores through a company voluntary arrangement.
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McKay enjoys NAV rise
McKay Securities enjoyed a net asset value increase of 2.8% in its 2011 financial year, despite no increase in the value of its property portfolio.
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Birmingham Jewellery Quarter BID backed
The Birmingham Jewellery Quarter’s business community has given a firm thumbs up to the proposals for its own business improvement district, TheBusinessDesk.com reported today.
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Pinewood Shepperton completes £50m refinancing
Pinewood Shepperton, the film and TV studios business owned by John Whittaker’s Peel Group, has completed a £50m refinancing, TheBusinessDesk.com reported today.
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Fitness First to drop units through CVA
Gym operator Fitness First will this week put a plan to landlords proposing to offload a swathe of stores through a company voluntary arrangement.
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First stage of £25m Waterloo revamp complete
The first stage of a £25m redevelopment project at London’s Waterloo railway station completed today, with a new balcony and escalators easing congestion for 300,000 daily passengers.
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NewRiver suffers 5.5% NAV drop
NewRiver Retail suffered a net asset value decline of 5.5% in its 2011 financial year, caused by the costs of its equity raising and purchases.
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Morning After: Jones Lang LaSalle Triathlon raise £1m for charity
More than 2,300 competitors sweated it out through Friday’s heat wave to compete in the sixth Jones Lang LaSalle Property Triathlon.
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Ministry of Defence launches search for property partner
The Ministry of Defence has begun a formal process to select a property partner to manage its £23bn estate.