All Property Week articles in 28 July 2017 – Page 2
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Online
West Midlands industrial market delivers strongest H1 ever
Industrial take up in the West Midlands reached 4m sq ft in the first half of 2017, its strongest H1 performance to date.
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News
Separated at birth: Robert Orr and Alex MacQueen
Titlestone chief executive Robert Orr has made many big strategic calls to take the firm to £2bn in drawn-down facilities , but probably none as wacky as his lookalike, The Thick of It ’s ‘blue-skies adviser’ Julius Nicholson, aka actor Alex MacQueen.
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Online
SDL adds Wiles to residential valuation team
Laura Wiles has joined SDL Auctions Graham Penny as a residential valuer in the East Midlands.
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Online
JLL revenues rise 32% in EMEA
JLL has reported total revenue in Europe, the Middle East and Africa (EMEA) grew 32% on a local currency basis in the second quarter boosted by the acquisition of property management firm Integral.
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Markets
West Midlands mega logistics hub edges closer to reality
The numbers make for compelling reading: a 297 ha rail freight hub in the heart of the West Midlands capable of accommodating more than 8m sq ft of industrial space, including ‘mega sheds’ of 1m sq ft-plus.
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Markets
Blackpool hopes airport energy hub will diversify economy
Blackpool Council has worked hard to turn around the town’s fading reputation and it is not only its leisure attractions that have had an overhaul.
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Online
Squarestone secures five buildings at Capitol
Squarestone has bought five office buildings at Capitol Park, Leeds, from Sterling Capitol for £18.2m.
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Online
Harworth and pension fund multiply up in Lancashire
Multiply Logistics North, a joint venture between Harworth Group and the Lancashire County Pension Fund, has started building the first three units in the Logistics North Multiply development, in Bolton.
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Online
JLL & Cushman to co-market SEGRO's Slough Trading Estate
SEGRO has appointed JLL’s UK industrial and logistics group and Cushman Wakefield to co-market all unoccupied industrial warehouse space across the entire Slough Trading Estate and Link 225, in Bath Road, Slough.
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Online
Golden letting for M&G
M G Real Estate has secured the first letting at Imperial Park, its speculatively-developed scheme in Coventry’s Golden Triangle of logistics warehouses for an undisclosed rent.
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Online
Bridgepoint announces £655m purchase of Miller Homes
Bridgepoint has agreed to snap up Miller Homes, one of the UK’s largest housebuilders, for about £655m from funds managed by GSO Capital Partners, Blackstone’s global credit investment platform.
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Online
Double industrial deal for Royal London
Royal London has bought two of Chancerygate’s prime development schemes in Chelmsford and Enfield for £33.5m.
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Online
PGIM picks up fully let Cubus building
Europa Capital has sold the Cubus Office building in Dusseldorf-Seestern to PGIM Real Estate, the real estate investment management business of Prudential Financial.
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Online
Barclays latest to take Dublin space at One Molesworth Street
Barclays Bank has signed a 20-year lease for 37,000 sq ft of lettable space at Green REIT’s flagship development at One Molesworth Street in Dublin ahead of Brexit.
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Online
MStar makes trio of lettings in Germany
MStar Europe has concluded deals for three new long-term lettings covering 113,021 sq ft of warehouse and logistics space in Germany.
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Online
Asian investors put UK in pole position for European commercial property
Asian investors have helped restore the UK to the top of Europe’s commercial property investment market in the second quarter, research from Real Capital Analytics (RCA) shows.
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Markets
London City Airport’s expansion ready to take flight
London City Airport (LCY) has always been an unlikely development project. In an age when new airports - if built at all, given the planning and political obstacles involved - are usually located away from big cities, LCY has continued to increase its reach in the heart of the London ...
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Online
Taylor Wimpey shares rise despite profits plunging
Housebuilder Taylor Wimpey built up solid gains despite reporting a 24% drop in first-half pre-tax profit on Tuesday.
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Online
TH Real Estate raises £300m for debt fund
TH Real Estate has been awarded a mandate to invest in the UK commercial real estate (CRE) debt market by The Korean Teachers’ Credit Union (KTCU).
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Online
EMEA revenues up at Colliers
Colliers International’s revenues for its second quarter nudged up 1.4% in Europe, the Middle East and Africa (EMEA).