All Property Week articles in 29 October 2010 – Page 3
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Online
Maybourne Hotel Group in talks to sell £200m stake
Maybourne Hotel Group, which owns Claridges, the Berkeley and the Connaught Hotel, is now in exclusive talks with private equity investor Northwood Investors to sell a £200m stake in the company.
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News
Shearer shapes Shrewsbury
Shearer Property Group is to launch a leasing campaign at next week’s BCSC conference for the three shopping centres in Shrewsbury that it bought with UK Commercial Property Trust earlier this year
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News
Wrenbridge rambles on
Salubrious corporate days usually involve hospitality boxes, buckets of champagne and/or 40 ft yachts
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InsightLights of London
London’s great and good assembled at City Hall last Wednesday night for a debate on the “Future of London”.
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ProfessionalLeeds' new spaces
On 13 October, councillors at Leeds City Council agreed to spend £5.8m to refurbish Woodhouse Lane car park
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Markets
Need to know: Kent market report
The 19th Kent Property Market report was published last week
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News
Yalla Yalla replaces Il Pomodoro
Yalla Yalla, a Lebanese restaurant, has taken a 10-year lease from the Langham Estate for the 2,000 sq ft former Il Pomodoro restaurant at 12 Winsley Street, just off Market Place, in central London, at £90,000 a year. Shelley Sandzer advised both tenants.
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ProfessionalNeed to know: hospital parking
Last month, the Department of Health said it was abandoning plans by the Labour government to abolish fees for hospital parking. This has led to lobbyists and patients associations expressing concern that NHS trusts are taking advantage of their captive audience.
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NewsNew shed for Pets at Home
Pets at Home is in talks with Aviva to take a second distribution warehouse in the UK to meet demand for its rapid expansion plans
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NewsHermes to offload X-Leisure stake
Hermes Real Estate is continuing to sell off stakes in joint ventures and funds
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NewsNever mind the Sex Pistols … here’s a hotel
Hotel Chelsea, the New York hotel that been host to countless celebrities, including Marilyn Monroe, Dylan Thomas and Andy Warhol, is up for sale
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Markets
New house of Hanover
Specialist retirement homes developer Hanover has been awarded £4.2m from the Homes and Communities Agency to develop an extra care scheme for older people in Stifford Clays in Thurrock.
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MarketsNew-look McDonald’s to grow outwards
McDonald’s is planning to develop its own drive-through restaurants to meet its ambition of opening between 25 and 30 new units a year
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MarketsWhat’s next … for Greenwich
Three key projects at Greenwich Peninsula are expected to take a big step forward next month
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News
Tristan offers leg up to unlisted property funds
Ric Lewis’s Tristan Capital Partners is to support the best new property fund management businesses with venture capital-style investment and support
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NewsPradera primed for retail park fund
Pradera UK is to launch a UK retail park-focused fund and plans to raise £250m in equity
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NewsFire and water
Atlantic Rally for cruisers DTZ European retail head Martyn Chase, chief executive of BDP, Peter Drummond, former DTZ chief executive Mark Struckett, former Atis Real man Peter Macfarlane, managing director of Leslie Jones Andrew Ogg, and Tony Baker, director of Ashcroft Estates have chartered ...
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MarketsYoung Group finds regions ready for investment
Young Group’s third quarter figures present a mixed outlook. Landlords surveyed by the fund manager indicate less confidence in prices remaining static or rising
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News
Topland joins short list of mezzanine financiers
Topland has launched a £200m mezzanine debt and preferred equity venture
