All Property Week articles in 3 July 2015 – Page 6
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News
Ropemaker buys Walsall retail park for nearly £24m
Ropemaker Properties has acquired Reedswood Retail Park in Walsall for £23.84m, which represents a 6% yield.
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News
MHA buys Bayswater properties with residential consent for £20m
MHA Associates has bought three buildings, 2-6 Inverness Terrace, in London’s Bayswater for around £20m.
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News
Thackeray Estate sells Parsons Green site for £16.2m
Brett Palos’s Thackeray Estate has exchanged contracts to sell a development site in Parsons Green to Martin’s Properties for £16.2m.
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Markets
Green light for Houghton Regis after 15-year planning battle
It took a mere 15 years for Lands Improvement Holdings to get the go-ahead for its 650-acre Houghton Regis scheme.
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News
Propertylink lands mixed Aussie portfolio for £148m
Investment and asset management company Propertylink, backed by Goldman Sachs and Grosvenor Group, has bought a A$303.3m (£148m) office and industrial portfolio in Australia.
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News
Malaysian casino operator eyes £100m Mayfair car park site
Malaysian gambling conglomerate Genting Group is an early frontrunner to buy a £100m car park in the heart of Mayfair for a new casino-hotel.
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Markets
Self-storage grows by £1.3m sq ft, but customers need ‘educating’
The self-storage industry grew by 1.3m sq ft in 2014 and had a turnover of around £402m, according to a report by Cushman Wakefield for the Self Storage Association UK (SSA UK).
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News
First letting for AB1 office
The newly refurbished AB1 office building in Aberdeen has secured its first letting, to a government agency.
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News
Natixis inks deal for 16,000 sq ft of space at City’s One Carter Lane
Natixis Global Asset Management has signed a deal for 16,000 sq ft at One Carter Lane, in the City of London.
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Insight
The Heathrow holding pattern must end
With big battles looming for David Cameron (not least over Europe), fears rose this week that airport expansion could be kicked into the long grass, yet again.
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Online
Airports Commission backs Heathrow expansion
The Airports Commission led by Sir Howard Davies has backed building a new runway at Heathrow over plans to extend an existing one or build a second runway at Gatwick.
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Online
Hermes builds £200m PRS pipeline
Hermes Investment Management has amassed a pipeline of £200m of private rented sector (PRS) deals as it looks to ramp up its new platform with Countrywide.