All Property Week articles in 29 June 2012 – Page 3
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Grosvenor to sell half-share in Belgravia block
Grosvenor’s London Office Fund has put up for sale a 50% stake in London’s 40 Grosvenor Place for £105m.
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Blackstone buys Redevco's Turkish business
Redevco, the retail property investor, has agreed to sell its Turkish portfolio and management platform to Blackstone. The price is believed to be around €220m.
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Henderson launches German logistics fund
Henderson Global Investors has launched a German logistics fund of up to €250m.
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Cornerstone picks UK loan manager
Cornerstone Real Estate Advisers has chosen a debt adviser to originate and manage loans on its behalf in the UK.
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SWIP scores Edinburgh’s largest letting for years
Scottish Widows Investment Partnership has landed an 80,000 sq ft letting at Exchange Place in Edinburgh, in the city’s biggest speculative office letting for 10 years.
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MORNING AFTER: Henley Business School Regatta
Henley Business School hosts event aimed at prospective students and UK companies
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Segro in €160.8m French deal
Segro has agreed to buy eight French logistics estates for €160.8m from Foncière Europe Logistique.
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Canmoor hires ex-Chancerygate man
Canmoor has appointed a former Chancerygate fund manager as its head of asset management.
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Hansteen buys €26m of German sheds
Hansteen Holdings has bought a portfolio of six logistics properties in Germany, from Dexus Funds Management.
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Segro in €160.8m French deal
Segro has agreed to buy eight French logistics estates for €160.8m from Foncière Europe Logistique.
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Government advised to waive affordable housing requirements
Local authorities should waive affordable housing requirements according to the man charged by the government to review institutional investment into the private sector.
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Southwark moves to block sale of Harmsworth Quays
Southwark Council is attempting to block the sale of the 14.5 acre printworks site at Harmsworth Quays, south-east London, to British Land.
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Grosvenor and CPPIB close in on £90m debut
Grosvenor and the Canadian Pension Plan Investment Board are under offer to buy the first asset in their Central London office joint venture, PropertyWeek.com can reveal.
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Aviva enters NZ market with Westfield mall buy
Aviva Investors’ Asia Pacific fund has bought the Westfield Shore City Shopping Centre in Auckland, New Zealand, for the equivalent of £42m.
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Brookfield seals latest City deal
Brookfield Office Properties has exercised an option to take on a development site with space for 500,000 sq ft of offices in the City of London.
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Quintain closes in on Wembley JV partner
Quintain is in advanced talks to find a development partner for its London Designer Outlet in Wembley, with the Malaysian Employees Provident Fund understood to be one of the key bidders.
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Henderson submits plans for Swindon revamp
Henderson Global Investors has submitted a planning application for the development of more than 50,000 sq ft of new retail and catering space at its Swindon Designer Outlet Centre.
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Industry welcomes empty rates ruling
The High Court has overturned a judgement relating to empty rates liability, in a decision that could make it easier for property owners to avoid paying the tax.
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Berkeley Group posts 58% profit rise
Berkeley Group has reported a 57.7% jump in profit before tax to £214.8m for the year to April 2012, and plans to grow the value of its land bank to £3bn in the next financial year, it said in its preliminary results this morning.
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CBRE: UK Retail Viewpoint - May 2012
The Internet is widely portrayed as a store-destroying whirlwind leaving a trail of empty shops in its wake.