All Property Week articles in 30 November 2018 – Page 2
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Online
The social housing shortfall will allow the government to back MMC
Housing crisis headlines focus overwhelmingly on rising prices keeping people off the property ladder, but seldom mention the scarcity of social housing which is leading to spiraling inequality across the country.
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News
Capital&Centric and Fattal unveil Manchester hotel plans
Developer Capital Centric has unveiled plans for a new hotel near Manchester’s Piccadilly station, which has been forward-purchased by Fattal Hotel Group.
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Online
Cording makes second investment of £400m PRS fund in Warrington's Stadium Quarter
Cording has agreed a second deal for its new £400m UK Residential Investment Fund with a £40m forward funding deal for a build-to-rent development in Warrington.
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Online
UK first as Oxford Science Park secures £66m vaccines innovation centre
The Oxford Science Park (TOSP) has secured a key life sciences signing with the UK’s first dedicated Vaccines Manufacturing Innovation Centre (VMIC) set to be based at the park.
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Online
Civitas acquires two housing portfolios for £25m
Civitas Social Housing has is set to splash out almost £25m on two portfolio acquisitions.
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Online
Tritax raises £400m from US private placement
Tritax Big Box REIT has signed up a number of new institutional investors for a private placement in the US of £400m new senior unsecured loan notes.
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Online
IOAM makes four Speke deals to take industrial park to fully let
IOAM has secured four new tenants to take its Speke Business Park on Merseyside to fully let.
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Online
GVA rejigs top team in Scotland after Avison Young buyout
GVA has announced the appointment of two new regional senior directors to lead its team in Scotland in a first major change for the business since it was acquired by Avison Young earlier this month.
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Online
Emoov founder: “All 140 staff will be laid off today”
Administrators for the failed online estate agency group Emoov are expected to make all the firm’s 140 staff redundant by close of business today, the group’s founder Russell Quirk has revealed to Property Week.
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Online
EBay's Pittman made new chief executive of Matterport
Proptech company Matterport has appointed technology industry veteran RJ Pittman as its new chief executive officer.
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Online
Ashley attacks “prehistoric rents” and calls for online tax
Appearing before MPs this week for a select committee hearing on ‘high streets and town centres in 2030’, Sports Direct founder Mike Ashley let rip – railing against “prehistoric rents” and calling for “a massive electric shock” in the form of a new tax on online sales to revive ailing ...
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Online
BOA leaps into New Cavendish Street to complete WELPUT lettings
WELPUT has secured two landmark tenants in the British Olympic Assocation and US flexible office specialist Knotel to take its 101 New Cavendish Street mixed-use building to fully let.
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Online
Emoov appoints administrators after failing to find buyer
Online estate agency group Emoov has announced the appointment of James Cowper Kreston as administrator having hit cash-flow problems due to a lack of investment.
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Online
Travis Perkins eyes potential Wickes sale
Travis Perkins has said it is “reviewing options” for its 200 store Wickes chain which could include a potential sale of the business.
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Online
Cushman & Wakefield launches proptech startup accelerator with Plug and Play
Cushman Wakefield has formed a new partnership with global innovation and startup accelerator platform Plug and Play to launch a real estate focussed programme.
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Online
Economist pens Church St deal for new Birmingham tech hub
Catalyst Capital has secured a deal to bring one of the world’s longest running magazine titles to Birmingham having agreed a five-year lease with The Economist at 60 Church Street.
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News
Octopus Healthcare sells portfolio of dialysis units for £12.2m
Healthcare property investor Octopus Healthcare has sold a portfolio of three dialysis units in London, Birmingham and Worcester to Waypoint’s Government Income Fund for £12.2m.
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News
PGIM Real Estate set to purchase office in Clichy
PGIM Real Estate has signed a forward purchase agreement for the development of SWELL, two office buildings in Clichy, France. The transaction was executed off-market on behalf of investors of a discretionary pan-European value-add fund.
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News
FTSE releases green real estate indexes
FTSE Russell has launched a series of new green real estate indexes in a move it hopes will push investors towards more sustainable real estate investment.
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Online
Trio of deals takes CEG's 196 Deansgate to fully let
CEG has secured three new leasing deals to take its 196 Deansgate mixed-use building in Manchester to fully occupied.