All Property Week articles in 25 November 2016 – Page 2
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Local Shopping REIT board rebuffs offer from activist investor
Local Shopping REIT has rebuffed an offer from activist investor Thalassa to withdraw its demands to oust two board members on condition that the board commit to a renegotiation of its relationship with investment manager Internos.
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Where are the European logistics hotspots?
It takes a team of experts with in-depth knowledge to spot real potential in European logistics properties.
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Shaftesbury shares fall after results
Shaftesbury shares dipped 1.7% on Tuesday after publication of the company’s full year results.
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WAFR opens for trading on ISDX
Walls Futures (WAFR) has become the first Real Estate Investment Trust (REIT) to be admitted on the ISDX Growth Market.
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GULF sells warehouse in Derbyshire
Griffen UK Logistics Fund (GULF) has sold a distribution warehouse in Amber Park, South Normanton, Derbyshire to clients of Colliers Capital, for £13.7m.
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Sutton Council snaps up Oxfam HQ
Sutton Borough Council has bought Oxfam’s headquarters in Oxford from Aviva Investors for £29.9m.
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Aviva sells Bracknell offices for £35m
Palmer Capital and SEDCO Capital have bought Waterside House, in Bracknell from Aviva for £35.2m.
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Hammerson reveals raft of lettings at Dundrum, Dublin
Hammerson has announced seven new lettings to catering operators at Dundrum shopping centre in Dublin.
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Autumn Statement: uncertain times require clarity on infrastructure
With uncertainty the only certain fixture for the near future, the chancellor hinted at the beginnings of new fiscal stimulus in his Autumn Statement speech.
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£775m Paddington Quarter plans recommended for approval
Great Western Developments and Sellar Property’s planning application for a £775m redevelopment of Paddington Quarter has been recommended for approval.
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New head of real estate developments for MBU Capital
MBU Capital has appointed Perry Stock as its new head of real estate developments.
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Sterling Capitol and HCA get green light for 2.14m sq ft distribution centre
Yorkshire developers Sterling Capitol and the Homes and Communities Agency (HCA) have been given the green light for a 2.14m sq ft employment and distribution development in Goole, East Yorkshire.
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Babcock takes 45,000 sq ft of extra space at 1000 Lakeside, Portsmouth
Engineering services company Babcock International Group has expanded its presence at Lakeside North Harbour Portsmouth, upsizing from 10,000 sq ft to 55,000 sq ft at a rent of £19/sq ft.
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Cushman creates new EMEA investment team
Cushman Wakefield has appointed Joep van de Vorstenbosch to lead a new team focused on sourcing, evaluating and executing strategic investments across its EMEA business.
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Berkeley to triple number of construction apprentices
Berkeley Group has pledged to triple its number of apprentices in training by 2018 in a bid to “solve the skills crisis” in construction.
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WeWork takes 72,000 sq ft at South Bank Central
WeWork has agreed to take 72,000 sq ft across three floors of the Vivo building at the South Bank Central development.
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UKCPT signs up Costa and New Looks Menswear in Shrewsbury
UK Commercial Property Trust has secured two new leases at the Charles Darwin Shopping Centre in Shrewsbury, signing up New Look Menswear and Costa Coffee.
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Sadiq Khan pushes for 35% affordable housing with viability shake-up
The mayor of London has unveiled the biggest changes to the capital’s housing and planning rules since he took office, including a revamped viability system to fast track schemes with 35% affordable housing and two new tenure types.
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Shaftesbury benefits from London’s resilience
Shaftesbury, the London-focused REIT, has reported a 2.2% rise in net asset value (NAV) per share to 888p in its annual result this morning.
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‘Several’ European CMBS will not repay in full claims Moody’s
Several legacy CMBS transactions will not repay in full by their note legal final maturity in 2017, ratings agency Moody’s has claimed.