All Property Week articles in 26 August 2016 – Page 2
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Online
Work starts on 200-home classical scheme
Hardrock Developments has started work on a 200-home development on a former Ministry of Defence site in Bath.
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Online
Industrial rents in the Midlands set to hit record highs
Rents on prime industrial properties in the Midlands are approaching a record £7/sq ft, according to research by Knight Frank.
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Online
Siemens and Pocket Living to star in Speakers Corner at RESI 2016
This year’s Speakers’ Corner at RESI will consider the question ‘how can the built environment become smarter?’
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Online
Green light for submarine training centre in Cumbria
BAE Systems has secured planning permission for a submarine training facility in Barrow-in-Furness, Cumbria.
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Online
Aviva Investors strikes £137m deal over Polish shopping centres
Rockcastle has bought two shopping centres in Poland from Aviva Investors for £137m (€161m).
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Online
Patrizia France appoints new managing director
Etienne Marcot has been hired to take over from Silvio Estienne and Bruno Cohen at the helm of Patrizia France.
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Online
Oxygen Finance takes fourth floor at Cathedral Place
Canada Life Investments has secured a letting to Oxygen Finance on the fourth floor at Cathedral Place in Birmingham.
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Online
New BEAMA VP to focus on smart home tech
Patrick Caiger-Smith has been appointed as vice-president of electrical infrastructure trade association BEAMA.
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Online
Supply of rental properties hits annual high
The number of residential properties on letting agents’ books reached its highest level of the year in July.
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Online
Bank of ‘mum and dad’ key to home sales
Individual investors could help ease Britain’s housing crisis via innovative investment structures, according to insurer Legal General, as it eyes further inroads into the property sector.
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Online
FTSE ends week on a high as Fed signals rate hike
The UK blue chip index closed up 21.15 points, or 0.3% on Friday at 6,838.05, after Federal Reserve chair Janet Yellen indicated that a US interest rate rise could come later this year.
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Online
Confidence in the lending environment remains unchanged for property investors post-Brexit
Despite uncertainty around the property market post-Brexit, investor confidence in the lending environment remains unchanged.
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Insight
Will REITs be all right? The future doesn’t look bright as values fall and caution rises
Karl Marx said that history repeats itself “the first time as tragedy, the second as farce”.
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Online
World War II hangar is new home for Harrogate hatch company
Access Building Products has acquired a 30,000 sq ft World War II hangar, at Marston Moor Business Park in North Yorkshire.
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Online
Places for People considers Derwent merger
The board of Places for People Group has announced it is in the early stages of merger talks with Derwent Housing Association.
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Online
Gladwin brothers to open third restaurant in Battersea
The owners of The Shed in Notting Hill and Rabbit in Chelsea have acquired the lease at 29 Ransome’s Dock in Battersea from former occupier Source for £250,000.
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Insight
Blayze Group scores a goal for LandAid
Earlier this month, the Blayze Group Property five-a-side tournament brought together the sector’s finest footballers to separate the Leicesters from the losers.
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Online
Docklands Doubletree snapped up by first-time Asian investor
Junson Capital, a Hong Kong investor entering the UK for the first time, has acquired the 378-bed Doubletree by Hilton hotel in London’s Docklands for around £80m.
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Online
Staffs pension fund buys City of London office
Staffordshire Pension Fund has acquired the short leasehold interest in 11 Old Jewry, in the City of London, in an off-market deal for £20.6m.
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Online
Five sign up at Kingsway Centre
Queensberry Real Estate has signed five retail brands to its shopping centre in Newport, Wales.
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