All Property Week articles in 26 August 2011 – Page 9
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C&W poaches Knight Frank partner for central London retail team
Cushman Wakefield has poached Knight Frank’s Calum Ewing to become a partner in its central London retail team.
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Nautical company signs for Canmoor shed
Nautical equipment manufacturer Kelvin Hughes has signed an 80,000 sq ft lease at Canmoor’s Voltage shed in Enfield.
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Grade B take-up outstrips grade A in Birmingham
The take-up of grade B office space in Birmingham city centre outstripped grade A during the first half 2011, according to new research, TheBusinessDesk.com reported today.
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Solicitors sign Liverpool's largest private sector letting for six years
Law firm Weightmans has signed a 15 year lease for 94,000 sq ft at Bruntwood’s The Plaza in Liverpool city centre.
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Atrium to develop Auchan hypermarket at Lublin scheme
Atrium European Real Estate has agreed to develop a 215,000 sq ft hypermarket for French retailer Auchan at its Felicity retail development at Lublin, Poland.
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Legal & General frontrunner for Segro’s GL7
Legal General Property has emerged as the frontrunner to buy Segro’s GL7 portfolio of industrial estates.
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Lending to property continues to fall
Bank lending to commercial property was just £713m in the second quarter of this year, as new lending to the sector continued to fall, the Bank of England said this week.
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Retailers seek assurances from the Home Secretary
The British Retail Consortium has released a statement calling for the Home Secretary Theresa May to ensure police and fire services are adequately equipped to prevent further damage to shops.
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Plans for £25m Northampton station approved
Outline plans for a £25m redevelopment of Northampton railway station have been completed and approved.
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Saipem signs giant south east office pre-let
Oil company Saipem has signed a 90,000 sq ft pre-let at Rockspring’s Kings House and Conquest House refurbishment project in Kingston-Upon-Thames.
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Crowne Plaza Cambridge to be sold for £35m
The Crowne Plaza in Cambridge has been put up for sale for £35m by Grant Thornton, the administrators of the Quinn Group.
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Greggs on track to open 80 stores this year
Greggs bakery has announced that it is on track to open 80 new stores this year as it revealed it had increased like-for-like sales by 0.4% in the 26 weeks to 2 July.
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Paramount Hotels to develop Harrogate Premier Inn hotel
Paramount Hotels, a subsidiary of Puma Hotels, has entered into an agreement with Premier Inn to develop a 107-bedroom hotel in Harrogate.
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Local Shopping REIT and Pramerica JV invests £22m
The Local Shopping REIT has agreed to buy 12 retail properties with its join venture partner Pramerica Real Estate Investors, in the four months to 31 July 2011.
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Chaos at DTZ as top two resign over slow bid progress
The chief executive and finance director of DTZ resigned yesterday amidst growing frustration that a formal bid for the company has not yet emerged, and is not seen as likely to in the immediate future.
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MORNING AFTER: Sociable Surveyors Awards Night
Around 160 young surveyors attended the Cass Business School for the Sociable Surveyors Awards Night, sponsored by hammerson.
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Shopping centre development drops to 1990s levels
The rate of shopping centre construction activity has fallen to similar levels seen during the early 1990s recession, limiting opportunities for retailers to expand, according to the latest research by CB Richard Ellis.
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Land Securities scores hat-trick of deals at Overgate
Superdry, Apple reseller Stormfront and Paperchase have all taken new units at Land Securities’ Overgate centre in Dundee.
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Gregory Projects in Leeds city centre buy
Leeds based Gregory Projects and Marshalls of Elland have agreed terms to purchase a prime commercial development site on Whitehall Road in Leeds from Town Centre Securities.
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Aviva tees up giant West End scheme
Aviva is close to piecing together a development site in London’s West End that could bring to the market about 600,000 sq ft of mixed-use space.