All Property Week articles in 29 June 2018 – Page 4
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Online
Trilogy makes double letting at Republic
Trilogy Real Estate and LaSalle Investment Management have secured two new tenants to its East India Dock office campus Republic.
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Online
Accrue plans Manchester BTR scheme
Accrue Capital has submitted a planning application for a 433 home build-to-rent (BTR) scheme in Manchester.
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Online
BTR developers back government proposals for longer tenancies
The government has outlined proposals to create minimum tenancy terms of three years in a move which has been widely supported by build-to-rent (BTR) developers.
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Online
UKCPT completes REIT conversion
UK Commercial Property Trust (UKCPT) has completed its conversion to a REIT.
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Online
Patrizia acquires €59m Amsterdam logistics asset
Patrizia Immobilien has acquired a state-of-the-art logistics facility at the port of Amsterdam for €59m (£52.25m) from a Dutch developer on behalf of its open-ended Logistik-Invest Europa I fund.
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Online
Danish debut for WP Carey with $188m logistics acquisition
WP Carey has acquired a portfolio of 14 logistics assets and one corporate headquarters in Denmark for $188m (£142m) in an off-market deal for its debut acquisition in the country.
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Online
Former JLL directors form new retail and leisure consultancy
Two of JLL’s leading retail agents who quit the firm in January this year in protest over redundancies in the UK retail team have created a new property consultancy.
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News
Regional REIT completes £39.1m industrial portfolio disposal
Regional REIT has disposed of a £39.1m industrial portfolio comprised of 15 assets totalling 610,620 sq ft.
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Online
LondonMetric sells two M&S stores and buys retail scheme in Durham
LondonMetric has sold two M S convenience stores for £10.7m and purchased a convenience development in Durham pre-let to Lidl for £13.3m.
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Online
Purplebricks enters Canadian market with £29m agency acquisition
Purplebricks has broken into the Canadian home sales market with the acquisition of fixed-fee estate agency DuProprio/ComFree (DCPF) for £29.3m.
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Online
ReSI shares rise on post-listing results
Residential Secure Income (ReSI) shares climbed 1.91% on Friday to 95.8p after the company released its first interim results since listing on the London Stock Exchange last year.
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Online
Hammerson appoints McKinsey to advise on strategy review
Hammerson is set to launch a new corporate strategy to shareholders following its failed takeover of shopping centre rival Intu Properties, according to a newspaper report this morning.
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Professional
Land valued on existing use values: no reason to abandon hope
Following the call for land valuation reform by Civitas, Shelter and the Centre for Progressive Capitalism, there has been much debate on the potential benefits of adopting an existing use values (EUVs) rather than ”hope value” model for use with CPOs.
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Online
AXA IM lands at Dunkirk with major LNG acquisition
AXA IM - Real Assets has acquired a 35.76% stake in the Dunkirk LNG regasification terminal in north France on behalf of clients and in joint venture with Crédit Agricole Assurances and Fluxys.
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News
DWS buys €265.6m Dutch portfolio
DWS (Deutsche Asset Management) has acquired a €265.6m (£234.7m) portfolio of 12 residential properties across the Netherlands on behalf of an institutional funds managed by its European real estate business.
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Online
Hewitson heads to Gowling WLG
Gowling WLG has appointed Nigel Hewitson as a consultant for its planning team.
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Online
UPP closes on £41m Exeter student accommodation deal
University Partnerships Programme (UPP) has agreed a £41.4m deal to deliver 382 new student residences for the University of Exeter.
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News
ReSI releases first interim results since listing
Residential Secure Income (ReSI) has released its first interim results since listing on the London Stock Exchange in July last year.
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Online
New vegan restaurant debuts at Lendlease and Invesco's Queensgate
Lendlease and Invesco Real Estate have secured a lease with new vegan restaurant concept When Polly Met Fergie to open its UK debut site at Queensgate in Peterborough.
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Online
Further extension to IWG bid deadline
Flexible workspace giant IWG has been granted a further extension to continue talks with TDR Capital and Starwood Capital about a potential takeover of the company.