All Property Week articles in 30 October 2020 – Page 4
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Online
Mike Ashley ‘explodes in anger’ after being cut out of Debenhams auction
Mike Ashley has ‘exploded in anger’ after allegedly being cut out of the auction of Debenhams, according to The Sunday Times .
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Online
Revo calls on government for urgent financial support
The trade body for Britain’s retail landlords has made an emergency appeal for the government to introduce a swathe of measures to help save the high street as businesses brace for another national lockdown.
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Online
Wates Residential appoints new development director
Wates Residential has appointed Baerbel Schuett as development director as the business continues to expand its presence in the residential development market across London and the South.
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Online
South East take-up slides but tech demand gives market a boost
South East office take-up has plunged year-on-year, but biotech and technology sectors have helped drive resilience in the Cambridge and Oxford office markets.
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Online
Harworth sells four parcels of restored agricultural land
Harworth Group has sold four parcels of primarily restored agricultural land in the North East and Yorkshire.
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Online
Valor and QuadReal launch €1bn urban logistics joint venture
Valor Real Estate Partners, the pan-European logistics platform, and QuadReal Property Group have formed a joint venture to invest €1bn (£900m) in urban logistic assets located in key UK, French and German cities.
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Online
Lok’nStore posts 6.44% rise in group revenue
Lok’nStore reported a 6.44% rise in group revenue to £18m for the year to 31 July.
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News
Hammerson sells 50% stake in VIA for £277m
Hammerson has sold its 50% interest in VIA Outlets to the APG Strategic Real Estate Pool, a mutual fund managed by APG Asset Management NV, for €307m (£277m).
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News
RDI sells UK retail parks portfolio for £157m
RDI REIT has sold its UK retail parks portfolio of six assets for £156.9m.
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Online
Institutional investors plan to increase exposure to real assets in 2021, according to new research
Global institutional investors plan to increase their allocation to real assets over the next 12 months, according to research from Aviva Investors.
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Online
Taylor James Auctions launches new auction service
Taylor James Auctions sold 96% of its 56-lot catalogue, raising more than £3.2m, at its debut auction this month.
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Online
Knight Frank posts slight drop in pre-tax profit for the year to 30 March
Knight Frank posted a slight drop in pre-tax profit for the year-end 30 March 2020.
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Online
Propertyshe Perspectives: A remarkable week on twitter, fake news and Woolworths, Mishcon Academy Future of the High Street, podcast with Liz Peace CBE, Bowie and the internet as ‘an alien life form’
It’s been quite a remarkable week on twitter and since it was Internet Day this week it seems only right to give it a mention.
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Online
Revo calls on government to cut business rates to 30% in order to save high streets
Revo is urging the government to urgently address the £7bn business rates ‘cliff-edge’ facing retailers from April 2021.
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Online
BidX1 sells Scottish retail park marking highest value commercial property sold via auction this year
Online auction platform BidX1 has sold Westway retail park, in Scotland, for in excess of the £6.5m guide price.
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Online
Proptech’s potential to transform residential remains vast
The residential market is still in its infancy when it comes to fully embracing tech, but momentum to harness its power to change the status quo is increasingly rapidly.
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Online
Doddington Estate wins appeal for residential plans around Grade I Listed Doddington Hall
The Doddington Estate and Assael Architecture have won the appeal to develop multiple rural housing sites around the Grade I listed Doddington Hall in Nantwich, Cheshire.
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Online
Annie’s Ibiza launches first standalone boutique
Shaftesbury has launched the first ever UK standalone Annie’s Ibiza boutique on 3 Newburgh Street.
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Online
Kennedy Wilson sells Dublin office for £127m
Global real estate investment firm Kennedy Wilson has sold Baggot Plaza, an office building located in Dublin’s city centre, for $165.4m (£127m) to Deka Immobilien, the specialist real estate investments arm of the Deka Group.
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Online
Acuitus scores 86% success rate at October auction
Acuitus raised £22.62m at its auction this week after selling 24 – or 86% - of its 28-lot catalogue.