All Property Week articles in 29 March 2018
View all stories from this issue.
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OnlineLondonMetric makes £40m logistics swap
LondonMetric has completed the acquisition of five urban logistics warehouses for £25.6m and at the same time sold a regional warehouse in Doncaster for £15m.
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OnlineHammerson shares rise after first quarter update
Hammerson shares rose strongly yesterday following the publication of its first quarter update while shares in intu fell back.
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OnlineOptimum raises €100m for core-plus Evolution Fund
Optimum Asset Management has raised an additional €100m (£87.4m) through a secondary transaction for its Berlin-focused Optimum Evolution Fund SIF – Property II.
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OnlineGo ahead for Bishop’s Stortford Goods Yard redevelopment
East Herts District Council has resolved to grant approval for a Network Rail-led joint venture redevelopment of the former goods yard site at Bishop’s Stortford.
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OnlineLidl signs as anchor tenant for Northallerton Prison redevelopment
Budget supermarket Lidl has signed as the retail anchor for the £16m redevelopment of a former prison in North Yorkshire.
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OnlineHammerson and ASI secure Showcase as debut signing for Brent Cross extension
Luxury cinema brand Showcase Cinema de Lux will be opening its first London location in the £1.4bn Brent Cross extension.
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OnlineB&B deal boosts UK loan sales
The value of real estate-backed loan sales in the UK rose to €17.9bn (£15.6bn) in 2017, with Blackstone’s purchase of the Bradford Bingley portfolio accounting for €15bn of the total.
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OnlineDanescroft pens deal for printing press sale ahead of resi conversion
Danescroft Land has completed the sale of a 1.28 acre former printing press works site in West Drayton to Shepherds Bush Housing Association ahead of a planned residential conversion.
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NewsFinal property companies reveal gender pay gaps
The last of the large property companies filed their gender pay gap data yesterday ahead of the midnight deadline, including Savills, Colliers International and GVA Grimley, as initial analysis suggested that the industry’s gap was significantly higher than the national average.
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OnlineTincknell leaves Battersea Power Station
Battersea Power Station Development Company (BPSDC) chief executive Rob Tincknell has resigned.
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OnlineParkhill makes MKM trade counter letting at Ketley Business Park
Private landowner Parkhill Estates has signed up MKM Building Supplies for a new custom-built trade counter unit at Ketley Business Park near Telford.
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NewsWhitbread gets green light for Farringdon scheme
Whitbread and Endurance Land have secured planning permission to develop a mixed-use scheme including a 180-room hub by Premier Inn hotel in Farringdon, London.
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OnlineAXA IM's Baytree brings in Babbar as new development director
Baytree Logistics Properties, the industrial development platform launched by AXA IM - Real Assets, has appointed Amit Babbar as its new UK development director.
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OnlineFunds raise record breaking $33bn in Q1
In Q1 this year 47 leading global private real estate funds secured a total of $33bn (£23.4bn) in capital, the highest Q1 amount in a decade, according to data and intelligence provider preqin.
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OnlineFTSE fends off trade war fears to finish 0.05% up
The FTSE 100 closed broadly flat at 7,034 points on Wednesday having dropped to 6,971.7 just before midday following the news that China is placing a retaliatory 25% tariff on 106 US products.
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OnlineGPE appoints RBOS chief as non-exec director
Great Portland Estates has appointed the chief executive of Royal Bank of Scotland commercial and private banking, Alison Rose, as a non-executive director.
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OnlineInspired and Equinox complete first acquisition of JV
Inspired Asset Management and Equinox Living have completed the purchase of the former NHS Strategic Health Authority offices in Essex to mark the first deal of its joint venture.
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OnlineVenn funds £83m Realstar tower from govt PRS scheme
Venn Partners has successfully closed its sixth sale of bonds under the £3.5bn Private Rented Sector Housing Guarantee Scheme with a £82.5m raise to back Realstar’s new PRS tower block in south London.
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OnlineJLL appoints new banking and capital head
JLL has appointed Ian Guthrie as its new senior managing director in banking and capital
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OnlineCentral London hits record level of ‘overflow’ office lettings
Central London net office take-up rose to 8.9m sq ft in 2017 as occupiers leased a record volume of ‘overflow’ or expansion space.
