All Property Week articles in 28 September 2018 – Page 4
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DAC Beachcroft takes 50,000 sq ft at The Walbrook
Law firm DAC Beachcroft has signed for 50,000 sq ft of space at The Walbrook Building, in the City of London, for its new global headquarters.
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Countryside appoints new CFO and COO in board shakeup
Housesbuilding group Countryside Properties has appointed chief financial officer Becky Worthington as its new group chief operating officer and promoted group financial controller Mike Scott to take over as CFO.
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BMO buys trio of regional assets
BMO Real Estate Partners has acquired three regional assets for a total of £49.4m.
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South Korean consortium buys Microsoft HQ
Investment manager Valesco Group and South Korean asset manager AIP Asset Management (formerly known as FG Asset Management) have exchanged contracts to buy Microsoft’s UK headquarters in Reading for £100m.
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Barings enters UK PRS market with Liverpool buy
Barings Real Estate has entered the UK private rented sector (PRS) with the acquisition of a 240 apartment unit in Liverpool for £46.75m.
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Shurgard targets €2bn-plus float
Luxembourg-based self-storage group Shurgard is set for a €2bn-plus (£1.8bn-plus) listing on Euronext Brussels via a €575m share placement.
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Watkin Jones in £180m student digs sale
Watkin Jones has struck a deal for the forward sale of a portfolio of four student accommodation schemes.
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FTSE opens down to start week
The FTSE 100 has made a slow start to a new trading month, opening 10 points down to 7,500.37, as the market awaits Tesco’s first half report on Wednesday.
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Professional
People Moves: Ryden, M&G, VTS and more
All the latest moves, appointments and promotions from across the property sector.
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LaSalle secures Sevenoaks care home for £20m
LaSalle Investment Management has acquired a high-spec 75-bed care home near Sevenoaks in Kent.
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Beam Park approved following call-in
City Hall has granted planning approval for L Q and Countryside’s 3,000-home Beam Park development in Dagenham, which was called in after Havering Council turned it down.
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Thor completes on €120m Cannes retail sale
Castello Köln Beteiligung has completed the acquisition of 65 Boulevard de la Croisette in Cannes from Thor Equities for €120m (£105.3m).
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Kensington hotel redevelopment plans rejected
The Royal Borough of Kensington Chelsea Council planning committee voted last night against plans submitted by Queensgate Investment and development partner Rockwell to redevelop the Holiday Inn Kensington Forum hotel.
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Patron's Powerleague eyes closures in CVA
Patron Capital-owned five-a-side football pitch operator Powerleague Fives has confirmed plans to close up to 13 sites across the UK as part of a Company Voluntary Arrangement (CVA).
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Aegila acquires €145m German offices
London-based investor Aegila Capital Management has made its second major real estate investment with the €145m (£128.8m) acquisition of RellingHaus in Germany.
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New offices unveiled for £1bn Airport City
The Airport City Manchester joint venture partners have unveiled plans for 92,000 sq ft of offices at its landmark £1bn development project at Manchester airport.
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LaSalle secures Toulouse retail double
LaSalle Investment Management has acquired two ground-floor retail premises in the centre of Toulouse from BNP Paribas REIM France on behalf of its e-REGI fund for €23.9m (£21.2m).
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IG markets Stoke Park country club
UK family investment firm International Group has put Buckinghamshire country club and spa, Stoke Park, on the market.
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Anthology acquires two new London sites
London property developer Anthology has acquired two new sites in Stratford and Elephant Castle, bringing its pipeline to more than 1,600 units.
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Grosvenor sells The Beaumont
Grosvenor Britain Ireland has sold the long leasehold interest on Mayfair hotel The Beaumont, reportedly to the Barclay brothers.