All Property Week articles in 26 April 2019 – Page 2
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Persimmon sales drop as it targets customer service improvements
Persimmon, the UK’s largest housebuilder, has revealed a fall in its order book following moves to improve customer service.
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Lending on the up despite investment market slowdown
New commercial property lending increased 12% last year even though property deal volumes fell by 13%, according to the Cass Business School UK Commercial Real Estate Lending Report.
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New hire in CBRE’s Northern capital markets team
CBRE has appointed Guy Hurwood as a senior director in its Northern capital markets business.
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Steadview inks highest ever office rent in London
India-focused hedge fund Steadview Capital has struck a deal to pay the highest ever office rent in London.
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Shareholder rebellion at Hammerson as 30% vote against executive pay
Just under 30% of Hammerson’s shareholders have voted against the company’s remuneration report at its annual general meeting today.
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Bluebook promotes Rowan and Fiennes to equity partners
London office agency Bluebook has promoted partners Robbie Rowan and Felix Fiennes to equity partners with immediate effect.
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Schroders lets remaining floors of 340 Deansgate
Property management firm Rendall Rittner has signed a deal for the final floors of Schroders’ newly refurbished 340 Deansgate in Manchester.
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City of London Corporation names new chairman
The City of London Corporation has elected Alastair Moss as the new chair of its Planning and Transportation Committee.
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M7 re-lets Bristol industrial unit 42% ahead of previous tenant
M7 Real Estate has let an industrial unit in Bristol to Imperial Car Supermarket, the national used car supermarket.
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Canmoor secures Liverpool's largest letting of 2019
Canmoor has secured the largest office letting in Liverpool so far this year with a 25,982 sq ft deal at 20 Chapel Street.
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Crossrail will seek two-year project extension
Crossrail operator MTR will seek a two-year extension of its contract to build the £17.6bn rail line, according to the Financial Times.
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Derwent London secures major office pre-let at Soho Place
Derwent London has pre-let 102,600 sq ft of office space at its West End mixed-use scheme Soho Place.
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Colliers reports double digit growth in Q1
Colliers International has reported double digit growth in revenue and profits for the first quarter.
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WeWork files confidential IPO papers
WeWork, the co-working giant now known as The We Company, has submitted confidential documents to the US Securities and Exchange Commission for an initial public offering.
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Grosvenor posts profit dip
Grosvenor Group has reported a fall in revenue profit to £131m in its annual figures for 2018, compared to £143.5m during the previous year.
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Countrywide warns on first half earnings
Countrywide, the troubled residential and commercial property agency group, has warned investors its earnings will fall at the bottom end of its expectations during the first half of the year.
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Landsec's O’Shea adds retail to her London role
Landsec has handed responsibility for the group’s retail portfolio to Colette O’Shea.
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Shurgard posts rises in revenue as it looks to grow storage network
Europe largest self-storage group Shurgard has posted rises in revenue and income in the first three months of its financial year.
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Hughes to spearhead Avison Young's European expansion
Avison Young’s European expansion programme will be spearheaded by Gerry Hughes, who has been promoted to president, Europe at the firm.
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ITV Studios signs up to new London theme park
Prospective Kent theme park the London Resort has struck a partnership with ITV Studios after its original deal with Paramount fell through in 2017.