All Property Week articles in 25 October 2013 – Page 3
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Online
Kent Property Market Report 2013
The Economic Outlook reports that in Kent the situation is positive with increased orders from businesses reinforced by concerted efforts to increase Kent’s business potential with two new Regional Growth Fund programmes, TIGER in North Kent and Escalate in West Kent due to be launched in November 2013.
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Online
Carter Jonas buys London residential agency
Carter Jonas has bought London residential property agency Sullivan Thomas, a £2.3m turnover business with three offices.
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Online
Pair of fund managers secure £690m local authority mandate
CBRE Global Investors and Threadneedle have won a £690m mandate from the London Borough of Hounslow Pension Fund.
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Online
LDT secures first investment sale at Plymouth Enterprise Park
London and Devonshire Trust has secured its first investment sale at Plymouth Enterprise Park at Ernesettle Lane.
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Online
Valad Europe completes Yorkshire sales
Valad Europe has sold two units at Centre 31, Foxbridge Way on the Normanton Industrial Estate, West Yorkshire.
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Online
Royal London makes £40.6m Scotland splash
Royal London Asset Management has bought an 88,000 sq ft Sainsbury’s on Back O’Hill Road, Stirling in Scotland for £40.6m.
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Online
Green REIT in €178m trio of deals
Green REIT, the Irish property investment company founded by Stephen Vernon and Pat Gunne, has invested €178m in three deals.
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Online
John Lewis pops up at Henderson’s N1 centre
Henderson Global Investors has agreed a short term lease with John Lewis store, Open House, at its N1 Shopping Centre in Islington, London.
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Online
Iacobescu pays tribute to Paul Reichmann
Tributes have been paid to Paul Reichmann, the Canadian credited with pioneering the development of London’s Canary Wharf during the 1980s, who died this weekend.
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Online
Royal London makes £40.6m Scotland splash
Royal London Asset Management has bought an 88,000 sq ft Sainsbury’s on Back O’Hill Road, Stirling in Scotland for £40.6m.
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Online
The Gay Hussar put up for sale
The leasehold of iconic restaurant The Gay Hussar on London’s Greek Street is on the market for a guide price of £500,000.
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Online
Sunderland AFC chairman raises over $2bn for new venture
Ellis Short has raised more than $2bn to invest in European distressed property opportunities.
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Online
Gherkin given boost by major regear
The Gherkin, the 50% owner of which is wrangling with complex debt issues, has received a boost as a result of its second largest tenant regearing its lease and expanding its occupation.
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Online
Five restaurants sail into Newport
Five restaurants have signed at Queensberry Real Estate’s Friars Walk development in Newport, which is due to open in November 2015.
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Online
GVA relocates Liverpool office
GVA is relocating its Liverpool Office to the English Cities Fund’s 4 St Paul’s Square.
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Online
Hermes in £300m thecentre:mk flip
Hermes Real Estate is preparing to sell the 50% stake in thecentre:mk in Milton Keynes that it bought in June to a client of Henderson Global Investors.
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Online
Cornerstone industrial portfolio hits £165m after £28m of deals
Cornerstone Real Estate Advisers has bought Oxford Industrial Park and Buckshaw Link industrial estates for a combined consideration of £28m on behalf of an in-house client.
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Online
BPF urges tougher fight against "dubious" pre-packs
The British Property Federation today warns landlords to take extra security from tenants – including guarantees from parent companies and extra deposits of up to three month’s rent – to protect themselves against perceived “manipulation” of the insolvency system.
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Professional
Rents rocket in resource-rich regions
CBRE study reveals high office demand in emerging markets. Sarah Townsend reports
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Markets
Westgate Oxford needs popular vote on plans to proceed
Westgate Alliance treads lightly with Oxford shopping centre plans. Christine Eade reports