All Property Week articles in 3 August 2018 – Page 2
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News
Colliers expands Czech operations with THREESIXTY acquisition
Colliers International has made a signifcant expansion in the Czech Republic with the acquisition of the THREESIXTY Agency and subsequent recruitment of its full team to Colliers in-country operations.
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News
Brookfield's SACO secures two new sites for aparthotel expansion
The Serviced Apartment Company (SACO) has acquired its first two sites since being bought by Brookfield in a £430m deal as it looks to expand its Locke aparthotels business.
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News
LaSalle sells Wickes-let Ealing retail warehouse
LaSalle Investment Management has sold a 30,918 sq ft retail warehouse unit on South Ealing Road, London to clients of CBRE GI for £14.5m, reflecting a net initial yield of 3.99%.
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Clearbell lets Churchill Court office to Regus
Clearbell Capital has let 27,309 sq ft of office space to Regus at the CC3 building at Churchill Court in Crawley.
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Booking.com checks in to new £100m Manchester HQ
Booking.com is set to consolidate four of its offices into a new 222,000 sq ft global headquarters building at Allied London’s St John’s scheme in Manchester.
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Investment into Europe falls for first half of the year as UK investment rises
Inbound real estate investment to Europe fell 8% in the first half of the year, according to CBRE.
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News
Legal & General and North Somerset Council buy £21m shopping centre
North Somerset Council and Legal General have bought The Sovereign Shopping Centre in Weston-Super-Mare for £21m.
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Boxpark reveals plans for Brighton scheme
Boxpark has launched a bid to create a retail, leisure and hotel development at Madeira Terrace on Brighton’s beachfront.
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Online
IWG shares plummet on end of takeover talks
IWG’s share price plummeted 22% over Monday and early trading Tuesday after the company, formerly known as Regus, announced it has ended takeover talks with Starwood, Terra Firma and TDR.
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Online
Regional REIT raises £50m to pay off debt
Regional REIT has raised £50m in a bond issue to pay off some of the group’s debt.
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Online
Capital & Regional finance director steps down
Retail REIT Capital Regional has appointed Stuart Wetherly as its new interim group finance director after long-time FD Charles Stavely announced he was stepping down to “pursue other interests”.
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Online
JLL's Casebourne comes to Howard de Walden Estate as head of retail
The Howard de Walden Estate has expanded its focus on retail with its 92 acre estate with the appointment of Jenny Caseborne as its new head of retail.
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Online
Denton to lead new Legal & General affordable homes division
Legal General has appointed former Sovereign Housing executive property director Ben Denton as the first managing director of L G Affordable Homes, its new division launched in April.
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Online
Thomas takes top job at BNP Paribas REIM Germany
Claus Thomas has been appointed as the new chief executive of BNP Paribas Real Estate Investment Management Germany, replacing Reinhard Mattern from the start of 2019.
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Online
St Modwen completes £53.7m portfolio sale to Hansteen
St Modwen Properties has exchanged contracts for the disposal of a portfolio of 34 assets to Hansteen Holdings for £53.7m.
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Online
Schroder appoints Hubbard to head up real estate capital
Schroder Real Estate has appointed Robin Hubbard from Infrared Capital as head of real estate capital.
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Online
Europa Capital & Sovereign Centros acquire Birmingham One Stop logistics scheme
Europa Capital has teamed up with Sovereign Centros to acquire a 189,000 sq ft logistics site at Perry Barr in Birmingham adjacent to its One Stop Shopping Centre and Retail Park.
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Online
COS signs for new concept store at Coal Drops Yard
Fashion retailer COS has signed for a new 6,210 sq ft concept store at Coal Drops Yard in King’s Cross.
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Online
Aviva acquires £73m pre-let Prospero Ansty for Lime Property Fund
Aviva Investors has acquired a pre-let 490,000 sq ft industrial scheme at Prospero Ansty for £73.4m for its Lime Property Fund.
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Hiscox takes first pre-let at AXA's Twentytwo
AXA Investment Managers - Real Assets has exchanged on the first pre-letting at Twentytwo with Hiscox, the insurance group.