All Property Week articles in 30 September 2011 – Page 7
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Local Shopping REIT forms shopping centre workout JV
The Local Shopping REIT has entered into a 50/50 joint venture partnership with an established UK financial institution to create a workout vehicle to invest in shopping centre assets.
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DevSecs buys first student housing asset in Manchester
Development Securities has bought its first building in the student housing sector through Accrue Manchester, its 50:50 JV with Accrue Student Housing.
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Hines looks for £57.50 at Cannon Place
Global developer Hines has completed its Cannon Place development in the City and is looking for initial rents of £57.50/sq ft at the building.
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Spooks and Masterchef producers expand in NW1
The TV production company behind shows Masterchef and Spooks has taken a 10,500 sq ft lease in London, NW1.
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Hermes buys Manchester city centre office
Hermes Property Unit Trust has bought the Citygate Court building at Mosley Street in Manchester city centre, TheBusinessDesk.com reported today.
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Plans submitted for York stadium and shopping scheme
Plans have been submitted for a 6,000-seat stadium and retail scheme in York, TheBusinessDesk.com reported today.
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Network Rail completes £91.8m Victoria Place deal
Network Rail has completed the leasehold purchase of Victoria Place shopping centre at Victoria station in London for £91.8m.
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Segro completes airport deals
Segro and Airport Property Partnership have completed four deals across their Standsted and Gatwick estates totalling more than 70,000 sq ft.
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Game closes 26 stores
Game Group has closed 26 stores since the start of the year, the retailer announced in its interim results today.
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Colliers International: Central London Retail Healthcheck
The proportion of vacant units and oorspace in our sample of 10 Central London streets has fallen for the fourth consecutive six month period to 1.9% and 0.9% respectively - down from 3.5% and 2.0% in January 2011.
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CLS buys in Hounslow
CLS Holdings has completed the purchase of two adjacent office buildings in Hounslow for £5.5m.
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Atrium buys €191m former Quinlan shopping centre
Atrium European Real Estate Limited has bought the Palác Flóra shopping centre in Prague for €191 million from its two previous owners, AFI Europe and Avestus Capital Partners – the former fund management company of Derek Quinlan.
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Twitter to set up Dublin base
Twitter is to become the latest internet company to join Ireland’s Silicon Valley after announcing plans to set up a base in Dublin.
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Irish entrepreneur battles to retain management of £120m portfolio
Irish entrepreneur Noel Smyth is battling to maintain control of a heavily indebted £120m UK property portfolio.
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Allsop Space sells 84% at Irish auction
Allsop Space’s third Irish property auction has raised almost €10m with a success rate of 84%.
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Novartis takes 64,000 ft Camberley block
Pharmaceuticals company Novartis has signed for a 64,000 sq ft headquarters at F C Reit Asset Management’s Watchmoor Park in Camberley.
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Peel submits Tyne & Wear Tesco plans
John Whittaker’s Peel Land Property has submitted a planning application for a major Tesco supermarket at its The Peel Centre in Washington, Tyne Wear.
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Capital Shopping Centres' Chaldecott steps down
Kay Chaldecott, executive director of property, has stepped down from Capital Shopping Centres after 27 years.
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RBS appoints ex-Savills chief executive to head property restructuring
Aubrey Adams, the former chief executive of Savills, has been appointed head of property in the Royal Bank of Scotland’s global restructuring group.
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Bimba & Lola to open first UK store at Westfield London
Spanish fashion brand bimba lola is entering the UK market for the first time with a new store due to open at Westfield London in October.