All Property Week articles in 30 August 2019 – Page 2
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OnlineRESIcast: How much of a wellbeing premium is there in housing?
Wellbeing is now top of the agenda for build-to-rent developers when they are designing buildings. Listen to Moda Living’s Johnny Caddick and broadcaster and interior designer Naomi Cleaver explain why on our latest property podcast.
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OnlineM7 snaps up industrial and office assets for Middle East investor
European investor and asset manager M7 Real Estate has acquired 10 industrial and office assets in the UK for £29.9m on behalf of a Middle Eastern sovereign wealth investor, reflecting an initial yield of 9.0% and a capital value of £50 per sq ft.
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OnlineCF Commercial announces new hires
CF Commercial (CFC) has appointed Nick Westray and Pete Davey to its retail and industrial teams.
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OnlineHubble to list Knotel’s flexible managed offices
Flexible office space platform Hubble is partnering with flexible office provider Knotel to list the firm’s bespoke managed offices in London and Manchester.
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OnlineMike Ashley wants to “eliminate” Debenhams’ competition, court hears
Mike Ashley is funding the last remaining lawsuit against Debenhams’ company voluntary arrangement (CVA) in a bid to “eliminate a competitor”, the High Court in London has heard.
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OnlineWren Kitchens purchases new transport depot in Bristol
Wren Kitchens has acquired 3.5 acres of land at Delta Properties’ Central Park in Bristol for a new transport depot.
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OnlineUBS Asset Management’s Triton Property Fund disposes of £59m Shoreditch office
UBS Asset Management’s Real Estate and Private Markets has announced its Triton Property Fund has sold 99 Clifton Street in Shoreditch, London to a private overseas investor for £59m.
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OnlineDalata ‘positive’ after 12% rise in revenue
Dalata Hotel Group has said its outlook for the year “looks positive” despite Brexit uncertainty, after reporting a 12.2% increase in revenue during the six months to the end of June to €201.9m (£184.2m)
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OnlinePre-tax profit up 29% at Impact Healthcare REIT
Impact Healthcare REIT has reported a 29% increase in pre-tax profits for the six months to 30 June.
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OnlineAtrium shareholder objects to Gazit Globe acquisition
Real estate fund manager ICAMAP has voiced an objection to the sale of Atrium European Real Estate to Israeli real estate business Gazit Globe.
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OnlineWaheed Nazir to leave Birmingham City Council after 10 years
Birmingham City Council’s strategic director of economy Waheed Nazir is to step down in December, after a decade in the role.
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OnlineChildrenswear Base signs first store in Brum
Hammerson has agreed a letting to independent childrenswear retailer Base at Grand Central in Birmingham.
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OnlineWhat we’ve learnt about shared ownership
I was pleased to see housing minister Robert Jenrick’s recent announcement of a review of shared ownership with a view to widening home ownership, particularly for younger people.
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OnlineKPMG forecasts house price nosedive in no-deal scenario
House prices could nosedive by up to 7.5% next year if the UK embarks on a no-deal Brexit, KPMG has warned.
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OnlineLegal & General's West Tower 50% let
Legal General’s Manchester build-to-rent (BTR) scheme West Tower has reached 50% capacity within three months of opening.
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Online'Right to buy' would destroy PRS sector, industry warns
Labour’s plans to introduce a right to buy scheme for private sector landlords would obliterate the PRS sector, the Residential Landlords Association (RLA) has warned.
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OnlineUS cosmetics brand Morphe makes Manchester debut
US cosmetics brand Morphe has signed for its first Manchester store at M G Real Estate and intu’s Arndale centre.
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OnlineOcado to establish fifth fulfilment centre in Purfleet
Ocado Retail, the new joint venture between Ocado Group and M S, is to establish a new 304,355 sq ft facility at Segro Logistics Park Purfleet, in Essex.
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OnlineLXi REIT splashes £55m on long-let schemes
Real estate investment trust LXi REIT has made five long-let, index-linked acquisitions totalling around £55m.
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OnlineThor Equities launches dedicated logistics division
US investor Thor Equities is expanding its presence in the industrial sector with the launch of its new logistics division ThorLogis.
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