All Property Week articles in 26 October 2018 – Page 3
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Online
Chancellor pledges £1.5bn to 'back High Street'
Chancellor Philip Hammond has launched a £675m ‘Future High Street Fund’ alongside significant business rates relief for small retailers from April 2019.
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News
Budget 2018: £500m infrastructure funding and retail PDR consultation announced - property reacts
Chancellor Philip Hammond has committed an additional £500m to the Housing Infrastructure Fund in today’s Budget, as well as launching a consultation on PDRs for retail to residential conversions and upward extensions.
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Online
Cording comes to Luxembourg for fund debut
Cording has acquired its first office building in Luxembourg for its Benelux Commercial Real Estate Fund to now be invested in all three countries.
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Online
APAM appoints North West property manager
Specialist UK REIM APAM has appointed Assura’s Jacqui Fishwick to join its Manchester office.
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Online
Amazon appoints agents to seek sites to hit Go on grocery retail drive
Amazon has hired agents to search for up to 200 sites to launch its grocery retail concept Amazon Go in the UK.
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News
DWS and Deutsche Hypo close £85m financing of 20/24 Carlton House Terrace
DWS and Deutsche Hypo have completed an £85m refinancing of 20/24 Carlton House Terrace in St James’s, London.
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Videos
Coal Drops Yard opening: Nash Bond's David Bannister interview
Coal Drops Yard, the new Heatherwick Studio-designed shopping and restaurant district in London’s King’s Cross, opened over the weekend. Ahead of the opening of the 50-store district, Property Week exclusively spoke to David Bannister of the schemes letting agents Nash Bond about the success of the development, future ...
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Online
Mitiska REIM makes Dutch debut with retail park purchase
Mitiska REIM has made its entry into the Netherlands market with the acquisition of Retail Centre De Lely in Arnhem.
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Online
Triple appointment as REIT looks to Target growth
Target Healthcare REIT’s external fund manager has made a trio of appointments a week after announcing plans to target close to £80m of care home acquisitions by the end of the year.
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Online
AXA and KWE complete on €161m debut Dublin PRS buy
AXA Investment Managers and Kennedy Wilson Europe have completed on the €161m (£142m) purchase of The Grange PRS development in Dublin for the first acquisition of its Irish PRS joint venture.
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Online
Lok'nStore posts strong full-year results
Lok’nStore Group has notched up a 34% rise in pretax profit for the year to 31 July, off the back of a 6.6% rise in revenue.
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Online
Aviva and Allied to transform Coronation Street into Enterprise City
Aviva Investors has joined forces with Allied London to develop the former studios of Coronation Street in Manchester into the city’s newest neighbourhood.
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News
Landsec shares end the week with gains
Shares in Landsec rose 0.26% on Friday to 842.4p making it one of the highest climbers on the FTSE100 over the day.
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Online
Sotheby's secures double appointment and expands into Madrid
Auction house giant Sotheby’s UK realty business has recruited Carter Jonas partner Jason Corbett to head up its country sales and lettings team.
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Online
Dyson unveils plans to develop £2bn EV factory
Dyson has announced plans to develop its first electric vehicles at a new purpose-built advanced manufacturing facility in Singapore.
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Online
Cain-backed Fortwell Capital targets growth with double hire
Lender Fortwell Capital has made its first two new hires since receiving a £400m investment capital injection from Cain International.
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Online
Government extends dirty money campaign to property industry
The government has extended its Flag it Up campaign, which encourages solicitors and accountants to report suspicions of money laundering, to the property industry.
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Online
Digbeth resi site hits market after administration
A 170-unit residential development site in Birmingham’s Digbeth is being sold after the former developer fell into administration.
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Online
Paris for Rome office swap for BNP Paribas REIM
BNP Paribas REIM has completed a pair of office deals, selling a complex in Via Fornovo, Rome to an Italian Institutional investor and using the proceeds to acquire a Nextdoor-let co-working office in Paris from Goldman Sachs for its Patrimonio Uno fund