All Property Week articles in 27 April 2012 – Page 3
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Land Secs reshuffles retail team
Land Securities’ retail team has undergone a reshuffle which will now see it run by a committee.
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M25 office demand to hit 8m sq ft
A spike in lease events between 2013 and 2015 is to create demand for 8m sq ft of office space in the South East office market, a new report has found.
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Hampshire County Council buys Basingstoke office
Hampshire County Council has bought a 48,000 sq ft office building in Basingstoke from a client of Cordea Savills for £6.15m.
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JLL: Western Corridor take-up plummets
The take-up of office space in the Western Corridor in the first quarter was 70% below the five-year average, although demand for has risen nearly a third.
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JLL reports ninefold increase in first quarter profit
Jones Lang LaSalle last night reported stellar first quarter figures that easily beat Wall Street’s forecast, as it gained market share and expanded operating margins.
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Naish to step down as head of SWIP
Malcolm Naish is retiring from the role of head of property at Scottish Widows Investment Partnership.
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French Connection seeking to close 20% of its UK shops
Fashion retailer French Connection is looking to close 14 of its UK shops including those in shopping centres like Bluewater, Brent Cross and Lakeside.
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Mayfair penthouse sets new price record
The sale of a penthouse apartment at the Walpole Mayfair development on Arlington Street in London has set a new price record for the area.
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Blackstone sells Nido for £415m
Blackstone has exchanged contracts to sell its Nido student accommodation business for £415m to Round Hill Capital, as revealed by Property Week (news, 4.11.11).
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Cushman poaches senior retail figure from JLL
Cushman Wakefield has appointed Jones Lang LaSalle’s Richard Davies as a partner and head of retail property and asset management in EMEA.
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Orlebar Brown and Joseph take space at Chelsea's Duke of York Square
Swimwear retailer Orlebar Brown has signed to open at Duke of York Square in Chelsea, while fashion retailer Joseph is extending its space.
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Birmingham University submits £175m expansion plans
The University of Birmingham has submitted plans for the £175m expansion of its Edgbaston campus, TheBusinessDesk.com reported today.
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Downing plans £90m student developments
Liverpool-based developer Downing has announced plans to embark on £90m worth of student property developments at a pair of schemes in London and Cambridge, TheBusinessDesk.com reported today.
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Debenhams to open Chester department store
Debenhams has signed to open a 60,000 sq ft department store at The Coliseum Shopping Park in Chester.
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Think-tank prelets in Southwark
The Overseas Development Institute has prelet McKay Securities’ 203 Blackfriars Road development.
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Debenhams takes more space with British Land
Debenhams has signed a deal with British Land to prelet a further 29,500 sq ft of office space at the developer’s Regent’s Place scheme.
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Capital & Regional exchanges on £130m mall
Capital Regional has exchanged contracts on its £130m purchase of The Kingfisher Centre in Redditch.
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L&G completes debut property debt deal
Legal & General has made its debut real estate debt financing deal.
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Mapeley launches “Salisbury FM”
Investment and asset management company Mapeley has today launched a facilities management company, and has won a nine-year contract from the government.
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Grant unlocks Ruskin Square first phase
Public funding from a local enterprise body will allow Stanhope and Schroders to begin the first homes at Croydon’s Ruskin Square, after years of stasis at the nine acre scheme.