All Property Week articles in 28 October 2016 – Page 2
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New Cromwell European core fund launches with €2bn investment target
Cromwell Property Group and Valad Europe have launched a European core fund with an initial investment target of €2bn (£1.47bn).
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Investcorp teams up with TruAmerica for $92m Californian resi deal
TruAmerica Multifamily has created a joint venture with institutional capital partner Investcorp to acquire The Highlands in South California for $92m in an off-market transaction.
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Double shed success for IDI Gazeley with 550,000 sq ft Amazon & Wayfair lettings
IDI Gazeley has secured the lettings of a duo of US e-commerce occupiers, with Amazon taking 258,503 sq ft at Magna Park, Lutterworth, and Wayfair taking a 297,111 sq ft unit at Daventry Distribution Centre.
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EMEA promotions at C&W
Cushman Wakefield has promoted 46 staff to associate and associate director in its EMEA business.
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Sadiq Khan claims Old Oak Common left 'a mess' by Boris Johnson
Sadiq Khan has claimed that plans to regenerate Old Oak in West London were left in “a mess” by his predecessor Boris Johnson.
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Marsham House goes to Laidlaw for £10m
Angle Property has completed the sale of The Marsham House site located in the heart of Gerrards Cross for £10m to Laidlaw Estates.
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Curlew clears £650m student accom investment with three more deals
Curlew Student Trust (CST) has taken its total number of rooms at completion to in excess of 7,000 bed spaces and £650m of value after concluding three further deals.
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Sale of New Scotland Yard completes
The £370m sale of New Scotland Yard to Abu Dhabi Financial Group (ADFG) has completed almost two years after the deal was agreed.
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Australian retailer Dayrooms makes UK debut In Notting Hill
Australian multi-brand retailer Dayrooms, is to open its first UK store in Notting Hill, London this month.
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Double promotion at Cording
Cording Real Estate Group has promoted Mark Millar to head of its UK business and Reiner Beckers to head of business development.
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British Land signs retailers to Peterborough centre extension
British Land has signed Next and M S Foodhall to its £7m extension at Serpentine Green shopping centre in Peterborough.
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WPP shares surge after strong results
Advertising giant WPP was the biggest riser on the FTSE 100 on Monday after the company reported strong quarterly sales growth.
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Negative coupons are now widespread across European securitisations, says S&P
About 21% of the outstanding European securitisations rated by S P Global currently pay no interest due to a negative coupon, the ratings agency has found.
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New social housing REIT set for £250m IPO
The first Real Estate Investment Trust (REIT) specialised in the social housing sector is set to float on the London Stock Exchange in a £250m initial public offering (IPO).
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Urbanization: Are megacities the next big thing?
The pace of urbanization is picking up fast, putting pressure on cities to provide more housing and better infrastructure. Bigger, broader and denser urban areas are developing. How will European cities deal with the rise in urbanization?
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Cycas claims Staybridge Suites Newcastle
Cycas Hospitality has acquired Staybridge Suites Newcastle through Christie Co at auction.
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CPA forecasts 'flat' 2017-18 for construction
Construction activity is expected to remain broadly flat in 2017 and 2018 according to the CPA’s latest forecast.
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Avignon opening first office for continental Europe
Avignon Capital is opening its first office in continental Europe, in Berlin, to help drive forward the company’s European expansion.
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Bow Street Magistrates Court sold for £125m GDV
Bow Street Magistrates Court in Covent Garden has been acquired by Business Trading Company.
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Lendlease & LCR secure planning permission for 600,000 sq ft at IQ
The London Legacy Development Corporation has granted planning permission for a new 600,000 sq ft office within Lendlease and LCR’s joint venture International Quarter London at Stratford.