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All Property Week articles in 28 September 2018 – Page 2
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OnlineTesco continues store buyback with £92m acquisitions
Tesco has continued its programme of buying back stores with the purchase of its Cirencester Extra for £57m and its Stroud superstore for £35m, it said in half-year results this morning.
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OnlineNew head of logistics leads five appointments for BNP PRE
BNP Paribas Real Estate has made a series of appointments to its pan-European logistics and Birmingham teams.
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NewsLiberty Property Trust buys £111m warehouse portfolio from Leftfield
US-based real estate investment trust, Liberty Property Trust, has purchased a 1m sq ft warehouse and logistics portfolio from Leftfield Properties for £111m.
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NewsPraxis launches £250m fund
Praxis has launched a new £250m value-add fund which completed its first close in August.
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OnlineCushman's Taylor joins Cording as new senior property manager
Investment and asset management firm Cording has appointed former Cushman Wakefield senior surveyor Daniel Taylor as senior property manager.
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OnlineMercers' Company lands Allbirds for UK debut at Covent Garden
The Mercers’ Company has secured American sustainable footwear brand Allbirds for a debut UK store at 121-123 Long Acre in Covent Garden.
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NewsNew property development business launches
Johnny Lovett and Scott Macdonald, formerly of Keepmoat Regeneration and Cheyne Capital respectively, have announced the launch of Morningside Real Estate (MRE), a property development business.
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NewsMorgan Sindall seeks partner for £480m BTR vehicle
Morgan Sindall Investments Limited (MSIL) has unveiled plans for a new build-to-rent (BTR) funding vehicle focused on London and the South East.
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OnlineDocklands deal sees Gaw Capital acquire £36m office blocks
Clearbell Capital has sold a pair of Docklands offices within its Harbour Exchange estate to Gaw Capital for £36.2m.
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NewsDuo buys Eddie Stobart warehouse in Yorkshire for £31.75m
Palmer Capital and SEDCO Capital have completed the acquisition of an Eddie Stobart distribution warehouse from NFU for £31.75m.
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OnlineKennedy Wilson JV buys mixed-use site in Dublin for £113m
A Kennedy Wilson-led joint venture with Axa Investment Managers – Real Assets and Cain International has acquired one of the last remaining mixed-use development sites in Dublin’s North Docks for £113m.
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OnlineOrr to chair ReSI Housing
Residential Secure Income (ReSI) has appointed David Orr as the independent non-executive chairman of its registered provider subsidiary ReSI Housing.
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OnlineGPE sells West End block for £65m
Great Portland Estates (GPE) has sold 55 Wells Street in London’s West End for £65.46m in a deal that continues its strategy of selling its mature assets.
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OnlineZorin backs Inspired BTR scheme with loan
Inspired Asset Management has secured a £13.4m senior loan to develop a new build-to-rent scheme in Crawley, West Sussex.
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OnlineColliers completes GMP acquisition to expand in Australia
Colliers International has bought out Australian project management firm GMP Management as part of an expansion in the Oceanic region.
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OnlinePrologis sells $1.1bn portfolio
Logistics developer Prologis has completed the sale of a portfolio of buildings and land in Europe and the United States to Singaporean investor Mapletree for $1.1bn.
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OnlineFormer Bupa MD joins Triple Point
Triple Point Social Housing REIT has appointed former Bupa UK managing director Tracey Fletcher-Ray as a non-executive director who will join the board from 1 November.
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NewsBrokenshire announces consultation on PD right for upwards extensions
The government will consult on giving local authorities greater powers to dispose of surplus land for housing, as well as a new permitted development right to extend buildings upwards, communities secretary James Brokenshire has announced.
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NewsToone launches investment advisory business with LIV Group
Mike Toone, formerly of Tudor Toone, has partnered with LIV Group to launch a new investment advisory firm for the build-to-rent (BTR) sector.
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OnlinePlans submitted for new student accommodation in Brighton
Tekton Student Living has submitted plans for a new student development in Brighton.
