All Property Week articles in 30 June 2017 – Page 3
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Empiric Student Property to raise £150m
Empiric Student Property has announced plans to raise £150m in a share placing and offer of up to 137.6m shares priced at 109p each.
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LandAid’s Grenfell Tower appeal breaks £250,000 barrier
LandAid’s urgent two-week appeal to help those affected by the West London fire at Grenfell Tower has closed, raising more than £250,000.
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Business centres show continued growth post-Brexit
More than 90 new business centres opened in the past two years despite an initial slowdown following the Brexit vote according to a new report.
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Carlsberg buys out Hackney craft brewery
Carlsberg UK has acquired Hackney-based craft beer maker London Fields Brewery for an estimated £4m.
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Hong Kong tops price league for skyscrapers
Skyscrapers in Hong Kong are the most expensive commercial real estate assets in the world, according to new analysis from Knight Frank.
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Vegetarian restaurant Mildreds to open in Dalston
Mildreds, the vegetarian restaurant concept, is set to open a fourth site in London after securing a site in Dalston.
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Aprirose buys M&B pub portfolio for £42m
Aprirose, the real estate investment company, has bought a 73-asset pub portfolio from Mitchells Butlers (M B) for around £42m.
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Former HSBC man joins DAMAC International
Richard Choi, the former head of EMEA and Americas real estate at HSBC, has joined DAMAC International as it seeks to push its luxury residential development across Europe.
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Prologis to build 585,000 sq ft park in Hemel
Prologis has been granted planning permission to build a 585,000 sq ft industrial park in Hemel Hempstead, Hertfordshire.
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BNP Paribas REIM sells Pinners Hall
BNP Paribas Real Estate Investment Management (REIM) has sold Pinners Hall in the City of London to an unidentified Asian investor for more than the asking price of £92.5m.
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Javid to relaunch £2.3bn housing fund
Sajid Javid, the minister charged with the government’s response to the Grenfell tragedy, will re-announce the government’s £2.3bn Housing Infrastructure Fund (HIF) today.
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Subway plots 500 new stores
Sandwich chain Subway is seeking to open 500 new stores by 2020, bringing its total to 3,000 across the UK and Ireland.
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St Modwen figures nudge up in first half
St Modwen Properties is claiming a “resilient performance” for the first six months of its financial year following a 1.7% rise in EPRA net asset value (NAV) per share to 468.4p.
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Investcorp makes first property acquisitions in Europe
Investcorp has completed its first two real estate investments in Europe - in Hull and Doncaster - for £35m.
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Joe Browns makes global debut at Meadowhall
E-commerce retailer Joe Browns has announced it will open its first physical store at Sheffield’s Meadowhall shopping centre in the autumn.
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PW Power 100: The Event
The wait is nearly over. This Thursday, Property Week will reveal the Power 100, the definitive ranking of the 100 most powerful people in property, sponsored by Dentons and Malcolm Hollis.
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West Park deal done for AXA IM
AXA IM - Real Assets has completed the acquisition of fully pre-let office building West Park in Paris from LBO France.
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Regeneration: worthwhile not meanwhile
Ever since we moved from being hunter gatherers to farmers about 12,000 years ago we have wanted to make land productive. It is still true today. A farmer looks at a piece of unused land, sees it as waste and wants to change that.
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Johnsey makes brownfield plans for Mamhilad
A major development planned for a former brownfield site between Pontypool and Abergavenny has taken a step closer with the submission of an outline planning application by Johnsey Estates UK.
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Barking regen builds with £330m Countryside & Notting Hill JV
Countryside has formed a JV with housing association Notting Hill Housing to deliver 911 homes for sale and market rent at Fresh Wharf in Barking Town Centre.