All Property Week articles in 3 August 2018 – Page 3
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OnlineLandlords settle dispute over House of Fraser CVA
House of Fraser has settled a legal row with landlords in a move that will pave the way for the closure of 31 of its 59 shops.
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NewsOffice Space in Town buys Midtown office
Office Space in Town has acquired the long leasehold interest in 20-22 Tudor Street in London’s Midtown for £21.35m from Meadow Partners.
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OnlineRegus-owner ends takeover talks and looks to reposition UK business
Regus-owner IWG has told Starwood, Terra Firma and TDR that it doesn’t plan to continue talks about a potential takeover of the business.
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OnlineRESIcast: What role can JVs play in tackling the UK's housing crisis?
Speaking ahead of this year’s RESI Convention, Nick Riley, board director at Whittam Cox Architects, and Mike Kearney, responsible for deal origination at Maslow Capital, discuss joint ventures and the role they can play in resolving the UK’s worsening housing crisis.
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OnlineShareholders rebel against pay hike for Civitas chair
Civitas Social Housing has faced down a rebellion over a proposed pay hike for the company’s non-executive chairman Michael Wrobel.
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OnlineD'Enrico makes move to M3 as senior development manager
Development manager M3 Consulting has appointed Emily D’Enrico from the London Legacy Development Corporation (LLDC) as its new senior development manager.
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OnlineApplegreen makes €362m Welcome Break acquisition
AIM-listed Applegreen has acquired a majority stake in Welcome Break for €362m (£322m) to make it one of the largest motorway services operators in the UK.
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OnlineClarion acquires 10 acre Suffolk site for affordable housing
Clarion Housing Group has acquired a ten acre site in Suffolk on which it will deliver a 100% affordable housing scheme with a £24m gross development value (GDV).
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NewsSeparated at birth: Alex Notay and Catherine Tate
This year’s RESI Convention promises to be one of the best yet. Metropolis was particularly pleased to see comedienne and actress Catherine Tate listed as one of the speakers. But it turns out it’s just her doppelgänger, PfP Capital’s Alex Notay.
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NewsAgent P: serviced solution
8.30am, air con knackered in GBH House. Cowering under tree in Portman Square: I begin jauntily. Can’t let Team P smell my fear. Just as well only three of the six are sprawled on the withered grass. Posh Girl is in Tuscany, Posh Boy in Bolivia and Sporty Girl sweating ...
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OnlineAmro launches £500m BTR platform with two London sites
Amro Real Estate Partners has acquired two London sites and appointed JLL to find an institutional joint venture partner for its newly-launched build-to-rent platform, AmroLiving.
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OnlineBarings completes 8 Waterloo Place lettings
Barings Real Estate has completed the final two lettings at its recently refurbished 8 Waterloo Place in St James’s, London.
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OnlineOrtega completes Adelphi acquisition from Blackstone
Blackstone has completed the sale of the Adelphi building in Covent Garden to Zara founder Amancio Ortega for around £550m.
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OnlinePATRIZIA acquires shopping centre in the Netherlands
PATRIZIA Immobilien has acquired a 73,000 sq ft Dutch shopping centre for its PATRIZIA Handels Invest Europa l fund.
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NewsEx-EY partner heads home to join champagne house Billecart-Salmon
Raise a glass for Mathieu Roland-Billecart. Metropolis has learned that the Frenchman, who was a partner in the real estate corporate finance team at EY, has returned to his homeland to join the family firm – the champagne house Billecart-Salmon.
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Insight
Capco’s Earls Court duel becomes a matter of honour
While neither side in the battle for Earls Court has directly accused the other of lying, they have near as damn it.
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NewsLenders sit on the sidelines in face of retail market woes
Deluge of CVAs hits lender appetite as owners that had been hoping to sell retail assets look to refinance instead.
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InsightCroydon council prepares for Crexit possibilities
On 17 May, Westfield shareholders ticked the £18.5bn takeover offer made in December 2017 by French retail giant Unibail-Rodamco. A week earlier I’d asked Croydon council chief executive Jo Negrini if she was worried that the coming surrender of Westfield to the French might further delay the £1.4bn Whitgift Centre, ...
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InsightCouncil declares war on Capco over Earls Court estates
Letter from council leader to residents of the controversial scheme sparks row between the council and Capco
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MarketsCommunity is king in the retirement living boom
Demand for communal activities and greater wellbeing is now a driving force in the retirement living sector.
