All Property Week articles in 29 May 2020 – Page 3
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Property industry stalwarts call for green coronavirus recovery
Some of the UK’s biggest property companies have urged the government to invest in low-carbon infrastructure and real estate during the UK’s recovery from the coronavirus.
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Pi Labs appoints Andrew Saull to lead on proptech research
Proptech firm Pi Labs has appointed Andrew Saull as research associate.
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Auction House London unveils 85-lot catalogue for June auction
Auction House London has released an 85-lot catalogue for its next sale, which will take place via livestream on 16 July.
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Green & Partners announce senior hire and promotion
Green Partners has hired Tom Plaine as a partner working in the company’s lease advisory team.
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Puma Property Finance provides £23m GDV development loan for Hampton by Hilton hotel
Puma Property Finance has completed a £23m GDV development facility for a hotel in Buckinghamshire.
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Pret A Manger and Leon call in advisors
Pret A Manger has hired restructuring advisors Alvarez Marsal and CWM to help renegotiate rents, according to The Sunday Times.
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Ted Baker launches £95m rescue raise
Fashion retailer Ted Baker has announced a £95m fundraising drive to help it return to growth after it reported a plummet in profit.
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Hammerson prepares to re-open English shopping centres in mid-June
Shopping centre giant Hammerson will re-open its destinations in England from 15 June, after the Government revealed a relaxation in lockdown rules.
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Capco confirms deal to buy Tak Lee’s 26% stake in Shaftesbury
Capital Counties (Capco) has confirmed it has agreed to buy Samuel Tak Lee’s 26.3% shareholding in Shaftesbury across two tranches for £436m.
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Picton agrees £50m credit facility
Picton has agreed a new £50m revolving credit facility (RCF) to replace two existing facilities that were due to expire this month.
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Germany’s reaction to Covid-19 gives Sirius investors confidence
Sirius Real Estate, which operates business parks in Germany, will be among those property companies to pay a dividend despite the Covid-19 health crisis.
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Propertyshe Perspectives: Interview with London Transport’s Graeme Craig, embracing new retail opportunities, urban innovation and spending and looking after the pennies
Another eclectic week has gone in a flash. There is now light at the end of the tunnel with non-essential shops due to reopen and outdoor groups of six permitted.
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JLL outlines sustainability progress made in 2019
JLL advised 85 clients on sustainability programmes and made more than 1,000 properties greener in the year it committed to achieving net zero carbon in its workplaces by 2030.
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Manchester’s Arkwright House to undergo refurbishment
Manchester office building Arkwright House is set to undergo a significant refurbishment that will add new amenity and office space to the property’s reception area.
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Government outlines plans to publish code of conduct on rental payments
The government is set to publish a code of practice to support high street businesses through the ongoing pandemic.
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Dobbies pre-lets 75,000 sq ft at Designer Outlet Cotswolds
Garden centre operator Dobbies has pre-let 75,000 sq ft of retail space at Designer Outlet Cotswolds, where it will be the anchor tenant at the 195,000 sq ft Robert Hitchins retail scheme.
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Grade-A industrial supply in South East reaches 11-year high
Supply of grade-A industrial space in the South East has reached its highest level since 2009, the tail-end of the last recession.
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Monsoon Accessorize on the brink of administration
Monsoon Accessorize is on the brink of administration adding to the string of high street casualties hit by the coronavirus pandemic.
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Capco poised to buy stake in Shaftesbury
Capital Counties is poised to buy a 26.3% shareholding in rival West End landlord Shaftesbury.