All Property Week articles in 29 June 2018 – Page 5
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News
AccorHotels set to acquire $125m stake in SBE
AccorHotels has entered into exclusive negotiations to acquire a 50% stake in US luxury residence and serviced apartment company SBE Entertainment Group from Cain International for $125m (£95m).
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Online
Cromwell and Goldman Sachs acquire €108.5m Finnish portfolio
Investor Cromwell Property Group has teamed up with Goldman Sachs to acquire a portfolio of predominantly office assets in Helsinki from IVG Polar Oy for €108.5m (£96.2m)
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News
BAML and Morgan Stanley issue £315.3m UK CMBS
Blackstone has sponsored a £315.3m commercial mortgage backed security (CMBS) issued by BAML and Morgan Stanley.
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Online
Prosperity on tap at Old Brewery Gardens with green light for £175m BTR scheme
Prosperity Capital Partners has secured planning permission for its £175m resi-led regeneration of the former Boddington’s Brewery site in Manchester.
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Online
Whitbread gets green light for Marylebone Premier Inn hub
Premier Inn owner Whitbread has secured planning permission for a 294-bedroom 13-storey hub by Premier Inn hotel in Marylebone, London.
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Online
Royalton teams up with Frogmore to deliver Salford waterfront scheme
The Royalton Group has partnered with Frogmore to acquire a major waterfront development site at Salford Quays for its first scheme in Mancheste
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Online
ReSI secures £53m loan
Residential Secure (ReSI) has agreed a £53m loan to fund two new acquisitions.
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Online
IWG and Countrywide continue to slide as FTSE 100 falls
The FTSE 100 closed six points lower on Thursday at 7,615 with serviced officer provider IWG and estate agency giant Countrywide continuing their slides after issuing profit warnings earlier in the week.
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Online
Target buys two care homes for £37m
Target Healthcare has paid Aura Care Living £37m for two care home assets in Cirencester and Camberley.
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Online
Tritax Big Box funds Darlington logistics scheme
Tritax Big Box REIT has committed up to £120.7m to forward fund a new logistics fulfillment centre at Link 66, Darlington.
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News
Developer interest in former Horlicks site starts to hot up
Disused factory in Slough believed to have attracted five bids for major residential redevelopment opportunity.
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News
Spin class: Manc magic
My colleague Hugo is nothing if not consistent. Every month, the day before I head up north on a rare client visit outside London, he mimics (very badly) a Manchester accent. He tries to talk like Liam Gallagher.
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News
PIC looks for long-term BTR investment opportunities
UK defined benefits pension insurer looks to enter BTR market to generate income to pay its policyholders.
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Insight
Gap between London and regional office costs narrows
The gap between office occupancy costs in central London and the UK’s regional cities has narrowed from its peak in 2016, according to Lambert Smith Hampton’s Total Office Cost Survey (TOCS).
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News
Addington enters PRS management market
Investment specialist creates ADDLiving to service growing rental market in UK.
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Insight
Why the outlet market is weathering the retail storm
The mainstream full-price retail market is going through turbulent times.
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Insight
Rounding on the landlords: Tim Martin interview
Outspoken JD Wetherspoon boss Tim Martin talks to Property Week about brands, Brexit and why he blames ‘unsustainable’ rent rises for retail’s woes.
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Markets
Bristol & South West office & resi markets in focus
Supply of grade-A space slipped to a 21-year low in January. Property Week reports on a market that has arguably become a victim of its own success.
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Markets
Regeneration project to bring Exmouth out of the shadows
Council’s masterplan for the town is finally coming to fruition.
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Insight
The great estates boost London's international profile
A recent Movers and Shakers breakfast presentation by the LSE’s Tony Travers highlighted the huge competitive advantage London gains in the global market from its great estates, including The Crown Estate (dating back to 1066), Grosvenor, Howard de Walden, Portman and Cadogan to name some of the largest.