All Property Week articles in 26 August 2011 – Page 7
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Morgan Stanley's €36m German sale
Morgan Stanley Real Estate has sold three office properties in Munich for €36m.
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Astellas Pharma completes largest south east occupier deal this year
Pharmaceuticals company Astellas Pharma has completed a deal to move its headquarters to Chertsey in the largest occupational deal in the south east this year.
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Targetfollow's Coventry Skydome sold out of administration
The Coventry Skydome leisure complex has been sold in a £13.5m deal, TheBusinessDesk.com reported today.
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Oldham property developer in administration
A property development company behind a stalled scheme in Oldham has been placed into administration, TheBusinessDesk.com reported today.
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MPs attack PFI
MPs have produced a damning report on Private Finance Initiative (PFI) funding which accuses the government of becoming addicted to ‘buy now-pay later’ and ‘off-balance sheet’ finance.
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Soho China buys €500m Shanghai tower scheme
Soho China has bought the Shanghai New World Changning Commercial Center for $500m.
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Wellcome buys 1,900 acre Cheshire estate
The Wellcome Trust has completed the purchase of the Alpraham Estate in Cheshire.
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Deutsche Pfandbrief agrees Tamar industrial fund refinancing
Tamar European Industrial Fund has signed an extension of its existing loan facility with Deutsche Pfandbrief.
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Picton in merger talks with Invista Foundation
Picton Property is in merger talks with the rival £176.5m Invista Foundation Property Trust.
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Wilkinson to open in the Stamford Quarter
Budget retailer Wilkinson has this week confirmed that it will be opening a store in the Stamford Quarter, Altrincham in December.
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East Kilbride deal unlocks Cowes development
Clowes Developments has completed the sale-and-leaseback of an 800,000 sq ft semiconductor plant in East Kilbride in Scotland, unlocking a 700,000 sq ft redevelopment opportunity.
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Gazeley implements new management structure
Gazeley has implemented a new management structure following the departure of Nick Redwood, its managing director of Europe and the Americas, PropertyWeek.com can reveal.
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Kirsh sells Minerva shares to Area and Delancey
Minerva’s largest independent shareholder, South African billionaire Natie Kirsh, has finally accepted the takeover offer from Area Property Partners and Delancey.
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Europa Capital buys £26m shed portfolio
A joint venture between Europa Capital’s Europa Fund III and REAM Capital Partners has bought a £26m portfolio of industrial buildings.
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Letter issued to help riot affected businesses defer rent
The British Property Federation and law firm Hogan Lovells have issued a letter that allows landlords to defer rent from small businesses affected by the riots.
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Mayor pledges £20m for Tottenham and Croydon
London Mayor Boris Johnson has pledged a further £20m funding towards Tottenham and Croydon following the riots.
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Berlin residential property targeted by €120m Pramerica jv
Pramerica Real Estate Investors has formed a joint venture to invest in residential apartment blocks in Berlin.
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Europa Capital buys Bulgarian mall
Europa Capital has bought the Mall of Sofia shopping centre in Bulgaria for more than €100m from GE Real Estate and Avestus Capital Partners.
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Morgans to run Sea Containers House hotel
Morgans Hotel Group is to operate the hotel at the refurbished Sea Containers House on London’s South Bank.
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China picks Leeds for Olympic base
Leeds has today announced that sporting giant China will use the city as its official European pre-Games training base ahead of the London 2012 Olympics.