All Property Week articles in 28 September 2018 – Page 3
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Markets
Spec space: a return to the bad old days?
There is 9.1m sq ft of speculative development under way. But some question whether there is sufficient demand to absorb that supply.
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Online
Rio Ferdinand backs affordable element of first Wirral Waters resi development
Peel Land and Property has been given the go ahead to build the first residential development in the Wirral Waters project.
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News
Realstar signs two financing deals totalling £100m
Canadian investment company Realstar Group has agreed two financing deals for build to rent (BTR) developments in Wembley and New Cross.
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Online
Aldi signs with Palace Capital and unveils expansion plans
Palace Capital has signed a new 20 year lease with Aldi on the same day the German discount supermarket chain announced plans to open 130 new stores in the UK over the next two years.
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Online
Record numbers visit OnTheMarket.com
OnTheMarket, the agent-backed online property portal that operates OnTheMarket.com, hit a record 17.4m visits in September, more than three times the number than when it floated in February.
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Online
Tritax secures £250m loan
Tritax Big Box REIT has taken a £250m short-term, unsecured loan to help fund acquisitions.
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Online
AB InBev hops into Bureau letting
Brewing giant AB InBev will be the first tenant in Evans Randall’s new London office building Bureau, after it placed the top four floors of the development under offer.
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Online
Ascendas REIT targets West Midlands with £257.5m logistics deal
Ascendas Reit is to buy 26 logistics properties in the UK for £257.5m.
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News
Manchester Council calls for ‘rightsizing’ focus in retirement living
The Greater Manchester Combined Authority has called on developers and planners to focus on ‘rightsizing’ rather than downsizing when it comes to housing for older people.
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News
Major Bristol shopping centre expansion rejected by Ministry of Housing
The Ministry of Housing, Communities and Local Government (MHCLG) rejected The Mall at Cribbs Causeway’s £300m expansion plans.
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Online
Trio of new directors among 13 promotion at Paragon
Building and project consultancy Paragon has announced a range of promotions following its £22m merger with Bond Davidson.
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Online
New London specialist hire for Asserson
Tel Aviv-based English law firm Asserson has appointed Adrian Wallace as a partner.
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Online
Equiem expands UK team
Proptech firm Equiem has made six new hires within its growing UK team including former Investis director Adam Malik as head of business development.
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Markets
Offsite position: modular construction in logistics
The rise of offsite construction is fuelling demand for modular factories - how big could the opportunity be for the industrial and logistics sector?
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Online
Gym Group flexes for further UK expansion
Listed leisure business The Gym Group has revealed plans to expand its portfolio by up to 20 new sites in the following year in its half-year update.
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Online
US flexible office firm to open six London locations
A US flexible office company that has raised $100m from investors is looking to break into the London market.
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Online
JV acquires Dublin site for 80,000 sq ft office & retail conversion
The joint venture between Valorem Investment Partners, Revelate Capital and Ekistics Property Advisors has acquired a 80,000 sq ft site on Newmarket Square in Dublin with planning consent for an 80,000 sq ft office and retail scheme.
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Online
Prime Minister unveils enhanced stamp duty levy on foreign buyers - property reacts
Prime Minister Theresa May has made the first of several expected housing announcements from the Conservative Party Conference in Birmingham, unveiling an enhanced stamp duty tax on foreign buyers of new homes.
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Online
US developer Scannell to enter European sheds market
US-based industrial developer Scannell Properties has set out plans to enter the European market and has appointed CBRE managing director Amaury Gariel to lead the business in Europe.
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Online
Generali makes Nordics debut with Copenhagen buy
Italian investor Generali Real Estate has completed the acquisition of a prime high-street retail asset in central Copenhagen in its debut deal in the Nordics region.