All Property Week articles in 28 November 2003 – Page 4
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News
Online auction soars with ¤30m sale
A Jones Lang LaSalle internet auction last week provided the platform for the ¤30.8m (£21.4m) sale of a Spanish airline’s headquarters. Spanish airline company Iberia sold its 56,296 sq ft (5,230 sq m), seven-storey offices in Barcelona to Catalan developer Matrust. JLL capital markets director Andrew MacGregor said: ...
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News
Quintain sets up £200m medical fund
Quintain has set up a second £200m fund with Morley Fund Management to buy medical-related properties. The new fund, Quercus 2, is expected to be launched soon with an initial £20m of equity each from Quintain and Morley. It will buy private hospitals, diagnostic facilities, doctors’ surgeries and ...
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News
Bizspace buys £15m workspaces
Bizspace, the provider of flexible managed Workspace for small and medium-sized businesses, has exchanged contracts to acquire seven workspace centres for £15.8m from Ashtenne. Forming part of the Imex portfolio Ashtenne acquired from Mentmore in July, the centres are in the north-west, providing 725,000 sq ft (67,350 sq m) ...
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Online
Pillar NAV jump
Pillar Property has seen its NAV climb 19% as retail warehousing continues its march as the strongest property sector.
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Online
Office woes hit Helical
Helical Bar called the bottom of the market today as it posted a rare loss on its developments and signalled a shift in strategy to concentrate less on the office sector.
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