All Property Week articles in 28 February 2014 – Page 3
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OnlineKnight Frank appointed to let City office
Knight Frank has been appointed by Pembroke Real Estate as joint letting agent for 10 Finsbury Square, joining existing agent Cushman Wakefield.
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OnlineInvestment group buys £55m Rolls-Royce shed
EPIC (UK) has bought Rolls-Royce’s manufacturing and distribution facility in Glasgow for £55m.
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OnlineMall Fund in detailed refinancing talks
Capital Regional and its partner are in “detailed negotiations… with a number of interested parties” to refinance its Mall Fund, it said in its annual results this morning.
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OnlineLondon to be overtaken by New York as top city for wealthy investors
London will be overtaken by New York as the most important city for the ultra-wealthy by 2023, according to Knight Frank’s Wealth Report.
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OnlineOaktree launches London residential developer
Oaktree Capital Management’s London residential developer has launched under the brand Anthology London.
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OnlineStrutt & Parker appoints head of commercial
Strutt Parker has appointed Damian Cronk as head of its commercial group, replacing Peter Hunt.
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OnlineAEW Europe completes second close of €600m logistics fund
AEW Europe has completed the second close of its logistics fund, taking total equity in the fund to €600m.
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OnlineBlackstone backs Aldwych House refurb with £70m loan
Aldwych House is set for a130,000 sq ft speculative refurbishment after GI Partners and Rowan secured a £70m loan facility with Blackstone Mortgage Trust.
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OnlineF&C fund hits £100m mark following Worcester buy
The F C UK Property Fund has hit £100m in size having completed its latest purchase of a retail and office property in Worcester.
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OnlineWorcester Cathedral Plaza revamp planned
Salmon Harvester Opportunity Fund, the owner of Cathedral Plaza, Worcester, is planning a multi-million pound revamp to create a series of seven restaurants overlooking a public square in front of the cathedral.
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OnlineMPs call for evidence of Portas spending and business rates reform
A group of MPs has called on the government to provide information on how money aimed at Britain’s floundering high streets has been spent, and has recommended ministers undertake a fundamental review of the business rates system.
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OnlineFormer JLL UK chief executive joins Genr8 Developments
The former UK chief executive of JLL who led the merger with King Sturge has joined Genr8 Developments.
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OnlineCBREGI secures $200m Asian insurance mandate
A collection of large Asian insurance companies has awarded a $200m discretionary global mandate to CBRE Global Investors’ separate accounts group to build a core or core plus property portfolio in the United States and Europe.
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MPs retail report: the sector's view
Earlier today, the Business, Innovation and Skills select committee published a report of its findings following a series of evidence sessions about UK retail. Among other things it recommended ministers undertake a fundamental review of the business rates system. Here is a selection of the responses from the property industry. ...
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OnlineLegal & General Property buys £21m Middlesbrough leisure park
Legal General Property, on behalf of its leisure fund, has purchased Middlesbrough Leisure Park in Middlesbrough from Highpoint Estates for £21.25m, reflecting a net initial yield of 6.9%.
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OnlineJones Lang LaSalle shortens name and rebrands
Jones Lang LaSalle has shortened its name to JLL and has this morning launched a new logo.
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OnlineSutton Coldfield spec retail scheme fully let
The developers of Princess Alice Drive Retail Park have completed the lettings of their Sutton Coldfield scheme.
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OnlineGermany most popular retail market for expanding brands
Germany is the most sought after retail market in the world with 40% of global retailers planning to open a store there in 2014, research by CBRE has found.
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OnlineRegus sees earnings per share dip but mature assets continue to provide growth
Serviced office provider Regus has reported that its earnings per share have dropped by 5% in the last year.
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OnlineCLS reports strong final year rises
European property investor CLS has reported a 9.9% rise in its EPRA net assets per share.
