All Property Week articles in 30 October 2020 – Page 3
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Dagenham film studios gets green light
Barking and Dagenham council have signed an agreement, with Hackman Capital Partners, to build a new film and TV production centre in Dagenham.
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Leumi UK hires Mickey Schiller as CEO
Leumi UK has hired Mickey Schiller as its new chief executive. He will be replacing Gil Karni, who has led the Israeli bank since 2018.
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New Vue set for Glasgow as work begins at St Enoch Centre
Vue has signed a 20-year lease to create a nine-screen Big Screen Entertainment venue as part of the centre’s £40m ‘East End leisure’ development.
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ASK Partners lends £25.5m against Chelsea site
Real estate funding specialist ASK Partners has lent £25.5m against a 0.2-acre freehold site in Chelsea, London.
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Allsop raises £38m at October residential auction
Allsop raised £38m at its online residential auction last week bringing the total raised from the sale of residential lots this year to £258m.
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Regional REIT completes on £8.4m Cardiff office
Regional REIT has completed on its acquisition of a Grade A office in Cardiff for £8.4m.
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Life science company pre-lets 50,000 sq ft at Oxford Technology Park
The Native Antigen Company has signed a pre-let for a new 50,000 sq ft R D and manufacturing facility at the Oxford Technology Park.
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CBRE revises up prediction of online shopping penetration
CBRE has upwardly revised its prediction of online shopping’s overall share of UK shopping for 2020 due to the continued reliance on eCommerce during the pandemic.
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Target Healthcare REIT says care home market ‘remains very competitive’
Care home investor Target Healthcare REIT has said investor appetite for high-quality care homes “remains very competitive” as it witnesses new entrants to the UK investment market.
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Harworth appoints non-executive director
Land regeneration firm Harworth Group has appointed Patrick O’Donnell Bourke as a non-executive director and chair of the audit committee.
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Jaynic pre-sells 870,000 sq ft Suffolk warehouse to Weerts
Jaynic has pre-sold an 870,000 sq ft warehouse in Suffolk to Weerts Group, a Belgian logistics company making its debut UK warehouse acquisition.
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City firms order staff to stay home
Leading employers in the City of London have told workers to brace for the second lockdown and to stay home.
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Warehouse REIT investors reap rewards from e-commerce demand
Warehouse investment trust Warehouse REIT has reported a sharp increase in pre-tax profit and IFRS earnings per share for the six months up to 30 September due to the demand from firms using e-commerce.
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RESI trailblazer wins at Black British Business Awards
Chief executive and founder of Black Property Network Ayesha Ofori has won the Entrepreneur Rising Star award at the Black British Business Awards.
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Revenue slides at JLL
Real estate giant JLL has suffered a double-digit drop in its revenue, with Covid-19 continuing to knock property deals.
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Avison Young appointed to sell Debenhams in Ipswich
Avison Young has been appointed to sell the Debenhams building in Ipswich town centre with an asking price in excess of £5.5m.
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L&G puts Procter & Gamble office up for sale for £45m
L G has put Procter Gamble’s UK head office up for sale, stamping a £45m price tag on the trophy asset, Property Week can reveal.
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Avison Young appointed to Rugby town centre regeneration
Rugby Borough Council has appointed Avison Young to develop a strategy for the regeneration of the town centre over the next 15 years.
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Landlord sues Caffè Nero over withholding rent
Caffè Nero is being sued by landlords over non-payment of rent.
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Southport Town Deal Board submits £50m transformation plan
Southport Town Deal Board has submitted a £50m plan to the government to transform the coastal town, including new business incubators and all-weather visitor attractions.