All Property Week articles in 27 June 2014 – Page 2
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OnlineKnight Frank boosts PRS team
Knight Frank has made two senior appointments to its private-rented sector team.
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OnlineKier Property bidding on 1m sq ft of offices
Kier’s property division is currently bidding for more than 1m sq ft of office space across the UK, according to a trading statement released by the company this morning.
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OnlineSheds take up down 23% for first half of 2014
The big box industrial and logistics market saw a drop in occupier demand by almost a quarter in the first half of 2014, according to research from JLL.
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OnlineBidder picked for £360m Fosse Park
A bidder has been picked to buy the giant Leicestershire retail park, Fosse Park, Property Week can reveal.
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OnlineUrban Exposure in £500m IPO
Residential lender Urban Exposure has this morning launched a £500m initial public offering on the London Stock Exchange.
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OnlineEmpiric Student Property buys first three assets
Empiric Student Property has bought its first three assets for £31m.
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OnlineHousebuilders buy Glasgow site for 300 homes
Valad Europe has sold 33 acres of land at Darnley Mains, Glasgow, to Bellway and Persimmon for £12.25m.
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OnlineMalaysians to sell £200m Hyde Park hotel
The Malaysian owners of the Corus Hotel Hyde Park have put their freehold interest in the property up for sale for £200m.
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OnlineMichael Kors to open Regent Street flagship
Michael Kors is to open a 15,000 sq ft flagship store on Regent Street.
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OnlineQuorum Business Park office sold for £17.5m
Investment fund manager Tritax has sold its 100,353 sq ft office building at Quorum Business Park in Newcastle for £17.5m, representing a net initial yield of 8.1%.
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OnlineBirmingham City University to move HQ
Birmingham City University has taken back 28,000 sq ft in its New Technology Institute in Eastside.
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OnlineLa Senza in administration for second time
Lingerie brand La Senza has been placed in administration for the second time in two years, as a buyer is sought for its UK store portfolio.
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OnlineL&G backs housing association with £40m loan
Legal General has agreed a £40m debt facility with a housing association, as it continues to invest in areas designed to alleviate the UK’s housing shortage.
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OnlineNew York-inspired hotel earmarked for Stratford City
Union Hanover has revealed plans to develop and operate a New York-inspired boutique hotel in Stratford, east London.
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OnlineL&G confirms £62.6m Shoreditch buy
Legal General Property has confirmed its acquisition of Shoreditch office building 15 Bonhill Street for £62.6m from Resolution Property.
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OnlineAlbion Ventures invests £16m in luxury care homes
Venture capital investor Albion Ventures has committed up to £16m to develop two luxury purpose-built residential care homes for the elderly.
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OnlineBill’s to open in Woking
Bill’s is to open a restaurant on Woking Shopping’s newly refurbished Commercial Way.
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OnlineSegro completes European logistics acquisition
Segro has completed the remaining €185m acquisition of a €472m portfolio of prime logistics assets and development land in Germany, Poland and France.
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OnlineSt Modwen NAV jumps 6%
Regeneration specialist St Modwen Properties has reported a 6% jump in its NAV per share to 294.2p over the last six months.
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OnlineMPs back business rates reform
The majority of MPs believe the current system of business rates is “not fit for purpose and in need of fundamental reform”, according to a poll by retailers.
