All Property Week articles in 31 August 2018
View all stories from this issue.
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Online
CTM takes Topland's Glasgow office block to fully-let
Travel agency Corporate Travel Management (CTM) has taken the final space at Topland’s Glasgow city-centre office block Eight Nelson Mandela Place.
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Warehouse REIT shares fall as Hansteen talk end
Shares in Warehouse REIT fell 2% on Thursday to 98p after the specialist warehouse investor announced it had ended negotiations with Hansteen over the acquisition of a £460m industrial portfolio which could have resulted in a reverse takeover.
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Council buys Croydon Park Hotel for £30m
Evans Randall Investors has sold the Croydon Park Hotel to Croydon Council for £29.8m.
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New real estate lead for Shakespeare Martineau
Shakespeare Martineau has appointed Louise Drew as the new head of its national real estate group.
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Converted historic rail station sold in busiest Mark Jenkinson auction of year
A Victorian railway station dating back to 1854 was the top item sold at the busiest auction of the year for Mark Jenkinson and Son last month.
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Award-winning Brighton pub up in John Pye online auction
A former ‘Pub of the Year’ in Portslade near Brighton is being offered for sale as part of John Pye’s September online property auction .
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Grosvenor agrees £250m private placement
Grosvenor Britain Ireland has agreed terms to raise £250m in an oversubscribed private placement.
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Swedish shoe brand plots London debut
Swedish footwear and apparel brand Eytys has signed for its first UK store on Brewer Street in Soho.
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Royal London acquires pre-let Plymouth Gateway Retail Park for £23m
Joint venture partners Europa Capital and Ediston Real Estate have forward sold Plymouth Gateway Retail Park to Royal London Mutual Insurance Society for £22.7m, reflecting an initial yield of 5.9%.
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Victorios IP's Hacking heads to GVA to lead on European investment
GVA has recruited European Investment expert Penny Hacking to head up its European Capital Markets platform.
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Surrey CC forms Places for People resi JV
Surrey County Council has formed a 15-year strategic joint venture with regeneration firm Places for People to develop residential schemes on disused sites.
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Carew comes to Native Land
Finn Carew has joined the acquisitions and business development team at Native Land as the residential developer seeks to expand its London portfolio.
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FIC puts Kensington Park City Grand Plaza Hotel on market
Malaysian government subsidiary company Felda Investment Corporation Sdn Bhd (FIC) has appointed Colliers International to market its controversially-acquired 50,000 sq ft Park City Grand Plaza Kensington hotel in London.
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GIC's Köttering joins CBRE Caledon to establish London team
CBRE Caledon Capital Management has announced plans to expand into London and appointed the co-head of infrastructure Europe for Singapore’s sovereign wealth fund GIC, Andreas Köttering to lead the new team.
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Artmax acquires £20m Manchester office development from USS
Universities Superannuation Scheme has sold its Observatory office development in Manchester to Artmax Properties for £20m.
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Exeter Chiefs gains planning for hotel at stadium
Exeter Chiefs Rugby Club has received planning permission for a new £25m hotel at its Sandy Park ground on the outskirts of the south west city.
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EPRA NAV and revenue rise for PPHE Hotels
PPHE Hotel Group has announced its EPRA NAV figures for the first time, reporting a 0.8% increase over the past six months to £24.21 per share.
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GCP portfolio value rises 23%
GCP Student Living has seen a 23% increase in its portfolio value to £784.4m from £634.6m over the last financial year, generating a total rental income of £38.5m.
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News
Cushman reports 16% revenue rise for Q2
Cushman Wakefield has reported a 16% revenue rise for the second quarter to $2bn (£1.5bn), with fee revenue up 11% to $1.4bn
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Warehouse REIT ends Hansteen reverse takeover talks
AIM-listed specialist warehouse investor Warehouse REIT has announced it has ended negotiations with Hansteen over the acquisition of a £460m industrial portfolio which could have resulted in a reverse takeover.