All Property Week articles in 28 February 2020 – Page 3
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News
Housing Minister launches low carbon home design contest
The new housing minister Christopher Pincher has launched a design competition for low carbon homes aimed at the country’s elderly population.
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Online
Commercial real estate investment plummets in January after bumper December
Total UK commercial real estate investment in January plunged to £1.4bn, down from the £10.2bn invested in December – the third-best month on record – and from the £3.3bn invested in January 2019.
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Online
Investec provides £24.2m loan for east London retail park
Investec has provided a £24.2m loan for the acquisition of Gateway Retail Park in Beckton, east London, to a company managed by Argo Real Estate Management.
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News
Trilogy Real Estate secures trio of lettings at Republic
Trilogy Real Estate and Lasalle Investment Management has made three new signings at Republic’s office campus in Poplar, London.
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Online
Puma Property hires former Octopus investment manager
Specialist lender Puma Property Finance has hired Mert Zabci, formerly investment manager at Octopus Real Estate, as an associate.
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Online
Clarion Gramercy commits to over £100m of funding for warehouse developments in France
Clarion Gramercy has committed €122.5m (£106.4m) to forward fund two Grade-A warehouse developments in France that total more than 1.48m sq ft.
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Online
Clarion Housing Group to deliver 100% affordable housing scheme in Bristol
Clarion Housing Group has exchanged contracts with Mid Group to build a 100% affordable housing scheme in Bristol with a gross development value of £50m.
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Online
Cairn Homes posts strong 2019 figures
One of the Ireland largest housebuilders, Cairn Homes, has posted a 28% rise in annual operating profit to €68m (£59m).
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Online
IWG posts record annual profit
Serviced office group IWG has posted a record annual profit on the back of a 15 per cent rise in revenue during 2019.
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Online
General Projects and British Airways Pension Fund team up to buy Twickenham Studios for over £20m
General Projects and the British Airways Pension Fund has completed the acquisition of Twickenham Studios for £21m.
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News
Prologis acquires Hemel Hempstead site for £26m
Prologis has bought a six-unit industrial site in Hemel Hempstead from Cubic Estates Holdings for £26m.
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Online
Stuart Grant to leave Stanhope
Stuart Grant has decided to leave Stanhope to set up his own real estate investment and asset management firm called CoreLife Investors.
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Online
Elephant and Castle shopping centre decision appealed
An application seeking permission to appeal against the High Court’s decision not to overturn planning approval for the Elephant and Castle shopping centre has been submitted.
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News
CBRE GI acquires site at Panattoni Park Luton
CBRE Global Investors (CBRE GI) has acquired a 68,000 sq ft site at Panattoni Park Luton.
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Online
M&G agrees £50m loan on City office scheme
M G Investments has agreed a £49.8m five-year loan to a joint venture between Aegila Capital Management Greycoat London Asset Management for an office refurbishment in the CIty of London.
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Online
Tristan and Cording buy Holburn Links Estate for £245m
Tristan Capital Partners and Cording Real Estate have acquired Holburn Links Estate for £245m from LabTech Investments.
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Online
First retail and leisure brands sign up at Battersea Power Station
Battersea Power Station has unveiled the first retailers and leisure brands to open their doors when the building launches in 2021.
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Online
Foxtons buys south London rival
London estate agent Foxtons has splashed out £2.2m to buy rival London Stone Properties and its subsidiary company London Stone Property Sales from owner and founder Hilary Stone.
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Online
St Modwen sets 2040 carbon neutral target
St Modwen has said it plans to become net zero carbon company by 2040, and operationally net zero by 2025.
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Online
Mipim 2020 postponed because of coronavirus threat
Mipim organiser Reed MIDEM has postponed this year’s event in light of the growing threat of coronavirus across Europe.