All Property Week articles in 25 May 2018 – Page 3
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NewsIWG rejects offer from US investment firm
IWG has rejected a cash offer from US property investor Prime Opportunities two weeks after the serviced office provider confirmed it had received three other takeover approaches.
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OnlineTOG takes final space at Schroder's One Lyric Square
Flexible workspace provider The Office Group has let the final 40,000 sq ft of space at One Lyric Square, Schroder UK Real Estate Fund’s 101,000 sq ft Grade A office building in Hammersmith, London.
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OnlineAnnington accelerates PRS profile with £47m double deal
Military family housing specialist Annington has increased its investment in the private rented sector (PRS) with the purchase of two portfolios totalling 177 properties for a combined £47m.
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OnlineJames Caan-backed POD poaches FirstPort duo for senior management roles
Property management newcomer POD has announced two new senior hires having poached Ryan Collier and Andrew Froy from sector leaders FirstPort.
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OnlineRevo calls on MPs to act on retail CVAs
Revo, the retail property organisation, has called on the government to investigate the increasing recent use of company voluntary arrangements (CVAs) that has hit a number of the UK’s leading landlords as retailers seek to close stores and reduce rental payments.
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OnlineWorld’s Biggest Property Bike Ride Blog: tracking training
As the 2018 World’s Biggest Property Bike Ride draws closer, Joe Stather, CBRE’s associate director of investment advisory for EMEA hotels, talks about his preparations.
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OnlineKFIM and Korean investors acquire Dublin's €100m future Facebook HQ
Knight Frank Investment Management have teamed up with a Korean investment manager to acquire The Beckett Building in Dublin for in excess of €100m (£87.6m).
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OnlineDWS acquires €148m Dublin retail park
Green REIT has exchanged on the sale of Westend Retail Park in Dublin to a DWS real estate fund for €147.7m (£129.3m).
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NewsBCO Conference 2018: 'The definition of normal is changing'
The theme of the 2018 BCO conference, which took place this week in Berlin, was diversity and inclusion.
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NewsIntu announces next round of tech trials
Shopping centre owner and operator Intu has announced the seven new start-ups that will trial their technologies in its malls, under its Accelerate programme.
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OnlineHomebase sold to restructuring firm as owners admit investment failings
The Australian owner of Homebase has agreed to sell the DIY business to restructuring specialist Hilco Capital for £1.
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OnlineWeWork takes long lease on PNB’s Aviation House
WeWork has signed a 20-year lease to take all 130,000 sq ft of office space over a 20-year lease in Aviation House, Holborn.
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OnlineCineworld confirmed as anchor for Muse’s £100m Warrington regen
The newly-appointed leasing agents for Warrington’s Time Square’s £100m leisure-led mixed-use development, Metis Real Estate, have confirmed Cineworld as the anchor tenant for Warrington Co and Muse Development’s scheme.
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OnlineCapCo shares up on demerger announcement
CapCo rose 2.16% on the FTSE 250 on Thursday to 302.10p, after the company announced plans for a potential demerger that would split its two core holdings at Covent Garden and Earls Court into two separately listed businesses.
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NewsGreat Portland Estates set to offload £455m of assets
Chief executive says the London developer is considering selling long-dated assets over the next two years
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NewsCadogan hits record £6.2bn as it seeks to benefit from ‘retail polarisation’
Cadogan Estates chief executive Hugh Seaborn says the “polarisation” of the retail market has helped the value of the private London property group increase 1.8% to reach a record £6.2bn.
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NewsMuji eyes House of Fraser space
Japanese retailer in talks for space at Oxford Street flagship as troubled House of Fraser considers sublets.
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NewsReditum Capital to finance Uxbridge scheme
Reditum Capital has provided a £14.3m mezzanine loan to help finance the redevelopment of the landmark Xerox campus in Uxbridge into a residential scheme that will offer Help to Buy flats.
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NewsIs better regulation needed to prevent misuse of CVAs?
Some landlords and retailers believe the system is being used as a way of getting out of store leases.
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NewsBritish Land boss attacks CVA ‘loophole’ for retailers
Head of UK’s second-largest property company says ‘loophole in the law’ puts landlords at a disadvantage.
