All Property Week articles in 29 July 2016 – Page 2
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Online
Plans revealed for £100m redevelopment of Southampton shopping centre
Plans for a £100m redevelopment of a derelict Southampton shopping centre have been submitted to the city’s council.
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C&W wins Preston resi mandate
Cushman Wakefield has been appointed by Preston City Council to expand the residential offering in the city centre.
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New chair for Association of Real Estate Funds
The Association of Real Estate Funds (AREF) has appointed Deborah Lloyd to succeed David Wise as chairman from January 2017.
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Maya Capital sells Reading office for £11.2m
Investor Maya Capital has sold an office building at 160-163 Friar Street in Reading to a UK buyer.
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Glasgow University to undergo major redevelopment
The University of Glasgow has announced plans to redevelop its 70 acre campus in the city centre, including new teaching space as well as offices, residential and a hotel.
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Why you must attend RESI this year
In light of the vote for Brexit and other recent political and economic events, there has never been a more critical time for the residential industry to come together and pull in the same direction to “keep Britain building”.
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L&G appoints Aitchison as head of strategic land
Legal General Capital has appointed Lauren Aitchison, formerly of Lands Improvement Holdings, as its new head of strategic land.
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Funds recovered as 'doomsday' fears receded, says Kames
Flows into retail funds recovered quickly as it became clear the commercial property market was more resilient than feared under “the doomsday scenario” imagined in the immediate aftermath of the EU referendum, Kames Capital’s property team has said.
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Tritax extends debt against giant Ocado shed
Tritax Big Box REIT has extended the maturity of its £50.9m debt facility with Helaba by three years following completion of the giant Ocado distribution warehouse at Erith.
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Foxtons shares plunge 11%
Shares in estate agency Foxtons crashed 11.3% on Friday after the London-focused firm reported a fall in half year profits.
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Insight
New innovative approach behind Prologis success
As long-term investors confident in the long-term strength of the UK market, we are pleased to see the economy is starting to stabilise after the uncertainty that followed the Brexit vote.
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Hackney council plans £200m estate regeneration
Hackney council has lodged plans for a £200m scheme which would see 400 flats built on the former site of the Nightingale Estate.
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Delancey’s £750m City scheme approved
Delancey and LRC Group have been given the go-ahead for a 600,000 sq ft office scheme at Royal Mint Court near the Tower of London.
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Retail vacancy rates fall
Vacancy rates across UK shopping centres, retail parks and town centres continued to fall for the fifth consecutive quarter, according to the latest BCSC / LDC data.
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Prologis acquires land in Valencia
Prologis has acquired development land in Valencia where it plans to build two logistics facilities.
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Newcore buys in Banbury
Newcore Capital Management has acquired the Antelope car dealership site in Banbury as an investment for one of its funds.
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UBS Triton buys SE industrial estate
UBS Triton Property Fund has completed the acquisition of a South East industrial estate for £30m.
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Lettings Loom large for Helical
Helical has announced the first new lettings at its Whitechapel scheme The Loom.
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Countrywide shares surge 6.4% after results
Countrywide shares surged yesterday despite the company warning that profits this wouldn’t match those achieved last year.
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Private equity firms lower return targets
A survey of private equity real estate fund managers has found that asset valuations remain the chief concern for firms, with 49% seeing it as the biggest challenge over the next year.