All Property Week articles in 3 October 2003 – Page 4
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News
Minerva looks to future after 'challenging' year cuts NAV by 9%
Minerva , the property company that owns a majority stake in department store Allders, last week reported a big fall in its net asset value because of the weak central London office market. In its results for the year to 30 June, Minerva revealed a 9.7% drop in NAV per ...
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News
Hill Dickinson £7m HQ purchase
Law firm Hill Dickinson has bought its headquarters from ING Real Estate for around £7m. It occupies almost two-thirds of the 34,000 sq ft (3,159 sq m) building at 50 Fountain Street, Manchester. Berkeley Brown advised the law firm.
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News
Standard Life plans £50m Aberdeen retail park
Standard Life is set to expand its retail warehouse portfolio with plans for a £50m park in Aberdeen. Berryden Fashion Park will be developed on a disused part of the Royal Cornhill hospital in Berryden Road on the outskirts of the city. A planning application for the 139,932 sq ...
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News
Grainger Trust buys £40m stakes
Residential investor Grainger Trust has bought a portfolio of 917 life tenancy interests from NPI for £40.5m. The interests are all partial stakes in houses where the occupier retains an equity interest of 10%-80% and security of tenure for life. The portfolio produces no income, but Grainger will ultimately ...
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News
Isis offloads key £35m Victoria prize to Jersey SPV
ISIS Investment Management has sold a key government building in London’s Victoria to a Jersey-based special purpose vehicle for £34.5m. A deal was due to exchange on Wednesday to buy the 60,000 sq ft (5,574 sq m) Allington Towers on Allington Street, SW1. Although the buyer is based offshore, the ...
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News
£30m Pimlico store starts Delancey fund
60,000 sq ft Sainsbury's deal wrapped up in £1.5bn drive
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News
£1bn Warrington plan takes first step of 10-year journey
Developers submit application for phases one and two of 7m sq ft Omega scheme
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News
McCabe and Bank of Scotland form £1bn property venture
Yorkshire entrepreneur merges investment and development arms to create Scarborough Property
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Online
€200m Milan sale for Doughty Hanson
Private equity firm Doughty Hanson has sold a Milan business centre for more than €200m (£140.4m), it announced today.
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Online
Standard Life’s £50m retail expansion
Standard Life is set to expand its retail warehouse portfolio with plans for a £50m park in Aberdeen.
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