All Property Week articles in 25 October 2019 – Page 3
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Triple Point adds £60m to debt facility
Triple Point Social Housing REIT has secured a £60m extension to its £70m revolving credit facility with Lloyds Bank.
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Henry Boot and Harworth enter joint venture
Henry Boot has entered into a strategic land joint venture with Harworth Group.
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Weston Homes acquires new site for £60m resi scheme
Weston Homes has acquired the former regional headquarters of HMRC in Southend-on-Sea from Mapeley Estates.
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Soho House secures £77.9m investment
Soho House has secured €100m (£77.9m) investment from a number of US investors as it ramps up expansion plans for its private members’ clubs network.
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Savills set to offer high value lots at its November auction
Savills is set to offer 119 lots at its next auction, offering a mix of commercial and residential properties.
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SEGRO signs up Games Workshop for distribution hub
SEGRO has reached an agreement with Games Workshop to develop a new 177,500 sq ft warehouse at its 700-acre multi-modal logistics hub in the East Midlands.
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Man hires Kerner for real estate debt team
Man Group has hired Bernd Kerner from JP Morgan as investment director within its new European real estate debt team.
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Harrison Street and GSA acquire student accommodation site in London
Global Student Accommodation Group (GSA) and Harrison Street have acquired The Curve, a purpose-built student accommodation building in Whitechapel, central London.
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Daily Mail considering Hammersmith move
Daily Mail and Mail on Sunday is reportedly considering leaving Northcliffe House after being based there for 35 years.
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KPMG mulls closure of private members’ club in Mayfair
KPMG is considering closing its private members’ club as part of a £100m cost cutting drive.
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St Modwen submits planning proposal for three industrial units in Basingstoke
St Modwen has submitted a planning application to build three units totalling 195,000 sq ft at an industrial and logistics park in Basingstoke.
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PATRIZIA sells Oxford business park for £61.5m
PATRIZIA has completed the off-market sale of Abingdon Business Park in Oxfordshire on behalf of its UK Value 2 fund.
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Coyote signs up three new clients
Three new clients have adopted Coyote Software’s proptech platform.
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Hammerson submits plans for hotel in Leeds
Hammerson has submitted plans for a 205-bed hotel adjacent to Victoria Gate in Leeds.
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Atrium shareholders reject Gazit offer
Shareholders in Atrium European Real Estate have rejected an offer by Israel-based Gazit Global to buy the company.
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AXA agrees pre-let to Nasdaq at 22 Bishopsgate
AXA IM- Real Assets has agreed to pre-let 25,000 sq ft at 22 Bishopsgate to Nasdaq, the company behind the US stock exchange of the same name.
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Aroundtown and TLG move towards merger
Germany’s Aroundtown and TLG Immobilien have agreed the terms of an all-stock merger.
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WeWork employees preparing to jump ship
WeWork’s competitors are reporting a dramatic rise in job applications from WeWork employees looking to jump ship before they are pushed.
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Supercuts appoints administrators
Regis UK, owner of Supercuts and Regis hairdressers, has collapsed into administration.
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Barnett Ross insists ‘nothing stops the auction world, not even Brexit’
Barnett Ross will offer 51 residential and commercial lots at its next auction on 29 October.