All Property Week articles in 30 September 2016 – Page 6
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Online
Hammond officially ends help-to-buy scheme
Chancellor Philip Hammond has confirmed that the government’s help-to-buy mortgage guarantee scheme will be closed by the end of the year.
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Online
New European investment platform launches with $500m capital commitments
Henderson Park has launched as a new European real estate investment platform backed by three global cornerstone investors who have collectively committed over $500m in capital.
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News
GSA and GIC purchase huge student housing portfolio
Student developer GSA and Singapore’s sovereign wealth fund, GIC, have snapped up a 7,150-bed student accommodation portfolio in the sector’s biggest deal of the year so far.
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Online
Council splashes £300m on BP business and tech campus in Surrey
Oil and gas giant BP has sold its business and technology campus in Surrey to Spelthorne Borough Council for £300m in a deal that marks the largest ever commercial property investment by a local authority in the UK.
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Markets
Will non-food drive-thrus flourish... or fall thru?
McDonald’s and Metro Bank are not obvious competitors, yet when it comes to securing sites for new drive-thru outlets the two may soon be going head to head.
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Insight
Could U-turn on 3% stamp duty levy be on the cards?
When the then chancellor George Osborne announced an additional 3% stamp duty levy on the purchase of second homes last autumn, experts warned it would stifle the central London property market.
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Insight
EU effect: the long goodbye
Will the UK property market be stronger or weaker out of Europe following the Brexit vote in June?
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News
Trade associations to adopt ‘end of fund life’ guidelines
New recommendations on how to avoid problems when real estate funds come to the end of their life are to be adopted by trade associations.
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Insight
Investors will need compensation for the ride associated with Brexit
Yes, the pollsters were wrong - again! After voting for Brexit, there was a collective gasp of surprise in the UK and tears in London as the reality set in.
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Professional
Preparation will help landlords avoid service charge pitfalls
Service charges have the potential to become a fairly contentious issue between landlords and tenants. Indeed, an intermediate landlord recently faced litigation over the reasonableness of the amounts claimed.
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News
Allsop and Acuitus announce bumper October catalogues
Allsop and Acuitus have both launched bumper catalogues for their October auctions.
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News
Andrews & Robertson records 82% success rate at latest sale
Andrews Robertson totted up £11.9m in sales at its September auction and said its 82% success rate was “one of the highest posted by the UK’s leading auction houses this month”.
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News
Thriving North West market helps Sutton Kersh raise £7m
Sutton Kersh has attributed its second highest-earning sale of the year to the “flourishing” North West market.
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News
Four City fringe office buildings to hit market
A clutch of office blocks in London’s City fringe is being lined up for sale by Colliers International in a sign of the local market picking up after the EU referendum.
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Insight
Logistic optimistic: Michael Hughes interview
Back in 2010, Michael Hughes had a vision. Hughes, who had built up a strong reputation for delivering sheds through industrial developer Helios, could see that the UK and European warehouse and logistics market was changing.
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Professional
Is the green belt getting between families and homes?
London’s population is growing by roughly 100,000 a year, exacerbating the capital’s housing crisis.
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News
Shops replace ticket office at St Pancras
The ticket office at St Pancras International will be shrunk to make way for new shops as part of a retail makeover at the London railway station.
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News
First bar of new chain opens in City hotspot
Upmarket bar and restaurant operator Kornicis Group is launching a new bar chain, We Are Bar.
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News
MBU plans £50m Herts resi scheme
Middle Eastern-backed MBU Capital has revealed plans to build a £50m residential scheme in Stevenage, Hertfordshire.
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Insight
The post-vote stats tell a cheerful story
In the initial aftermath of the Brexit vote there was an increasing demand for information and analysis on what impact, if any, there would be on the UK industrial and logistics sector.