All Property Week articles in 27 May 2011 – Page 2
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News
Twitter’s latest gig
Twitter is searching for space to open its first Europe office. Tony Wang, a senior Twitter executive, relocated to London this weekend to “get Twitter started in the UK”. The news should be welcomed by the lawyers of a certain Premier League star – Ryan Giggs – whom we are ...
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MarketsTesco letting helps Lynton take off at Gatwick
Scottish Widows lines up funding for 20 acre development
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MarketsPrivate and public sectors pull together for Kent fund
CB Richard Ellis prepares feasibility study for project
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MarketsHouse of Fraser gives it some Welly
Prupim has let its 287,000 sq ft Big Welly warehouse at Park Farm Industrial Estate in Wellingborough, Northamptonshire, to House of Fraser
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News
Philly fillip for Lend Lease
Lend Lease has agreed to sell its 50% stake in the King of Prussia shopping mall in Philadelphia in the US to the Morgan Stanley Prime Property Fund for $1.25bn. Lend Lease will receive net proceeds of around $545m after taking into account the asset’s debt.
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News
Investor Fenston’s latest Missoni
Property investor Greta Fenston has bought the Missoni building on New Bond Street in Mayfair for £9m from BA Pension Fund, at a 3.25% yield. The property set a record zone A rent for the area earlier this year of £670. Savills acted for BA Pension Fund; DE ...
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News
Failure risk rate takes surprise upward turn
Fidelity survey reveals uncertainty over business services sector
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News
One Hyde Park shop sale fail
CPC Group’s Project Grande takes three units at scheme off market after receiving bids of £45m
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ProfessionalYouth of today expect more from their offices
Challenge for construction to meet employee expectations a hot topic at BCO conference
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NewsHelical lets Pole positions at Europa mall
Helical Poland has signed a further 17 retailers to its Europa Centralna retail park and shopping centre development south of Gliwice
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News
Knight Frank in Leicester Square epic
Knight Frank has been appointed to market a development site on London’s Leicester Square. 33 Orange Street and 7 St Martin’s Street was put into receivership last month by Ireland’s National Asset Management Agency. It has planning consent for a 245-bed four-star hotel, 33 flats, four restaurants and an Odeon ...
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InsightEight-point plan for Portas’s high street rescue
Ed Miliband started it, criticising the “Tesco-isation” of Britain’s high streets on the BBC Politics Show on 1 May
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ProfessionalPeople Moves: Knight Frank, DTZ, Legal & General Property and more
Knight Frank has appointed Andrew Forrest from PMP Building Consultancy as partner in the building consultancy team in Glasgow. Allsop Residential Investment Management has appointed Chris March as its property director, succeeding Clive Marcroft, who has retired after more than 10 years in the role. Legal ...
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News
Joint venture gets Tokyo drift
GE Capital Real Estate and Aberdeen Asset Management have set up a $400m co-investment vehicle called the Tokyo Residential JV. It will be used to make residential investments in the Tokyo multi-family sector over the next two years.
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News
EU rejects plea to exclude property from derivatives market reform
European property has been dealt a blow by the European Union’s reform of the derivatives markets
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NewsWheeler in resi deal with Richardsons
Former Brixton head forms residential company funded by property dynasty
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ProfessionalRowe up a creek without a paddle
The message: Failure to comply with the strict requirements of a contract may be fatal.
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News
Credit Suisse man joins Wainbridge
Wainbridge, the property investment, development and asset management firm, has appointed Graham Langlay-Smith as chief financial officer
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MarketsCourt in the limelight
Greg Court began his career in the industrial property market with Ashford Developments in the late 1980s before going on to co-found Kingspark, one of the UK’s first specialist big shed developers
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Markets
Relentless rise in rents forces couples to cohabit
Average monthly rents in England and Wales rose 0.8% to £692 in April, matching the record high reached in November 2010, says LSL Property Services
