All Property Week articles in 31 August 2018 – Page 2
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News
Bovis Home reports 1% revenue growth in half year results
Bovis Home Group has reported a 1% increase in revenue to £432.2m for the first half of 2018.
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Online
Busà to lead Patron's €300m equity investment in Italy
Pan-European institutional investor Patron Capital has announced plans to invest up €300m (£270.25m) into Italian real estate and hired GIC vice president Matteo Busà to lead its investment in the country.
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Online
Shawbrook backs specialist lender Glenhawk in £75m fundraise
Developer Guy Harrington’s specialist UK property lender, Glenhawk has secured an initial £75m funding line from Shawbrook Bank and an unnamed global asset manager.
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Online
RBS accelerates bank closure programme
The Royal Bank of Scotland has announced plans to close a further 54 branches in England and Wales, bringing its total number of bank closures announced since last December to 475.
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News
Barratt Development share price rises on profit announcement
Barratt Development’s share price rose 1.79% on Wednesday after the housebuilder posted record profits and boosted its dividend.
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News
Equifax makes major expansion at Leeds’ Wellington Place
Developer MEPC has agreed a deal with analytics firm Equifax is take a further 15,373 sq ft of office space at its Leeds city centre development Wellington Place.
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CREFC Europe announces board appointments
CREFC Europe has appointed Aviva Investors’ Barry Fowler as chair, succeeding Dale Lattanzio of DRC Capital.
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Online
Squarestone agrees £125m loan facility
Investment fund Squarestone has agreed a £125m syndicated loan facility with Royal Bank of Scotland and Barclay to fund its Squarestone Growth strategy.
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Online
Springfield submits plans for Glasgow resi-led regeneration scheme
Scottish housebuilder Springfield Properties has unveiled plans to convert a long-disused site in Glasgow into a 237-home resi-led development.
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News
First occupier secured for Edinburgh’s Capital Square
BAM Properties in partnership with Hermes Investment Management has secured the first occupier for its Capital Square office development in Edinburgh.
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News
Aberdeen Standard Investment homes in on €120m of resi deals across Europe
Aberdeen Standard Investments has agreed two deals for its Pan-European Residential Property Fund, a total investment of €120m (£108.5m) in Paris and Vienna.
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Online
Government ‘scraps three year tenancy plan’
The government has scrapped plans to guarantee three-year tenancies for renters, according to reports.
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Online
SNP pledges £7bn for Scottish building projects
Scottish First Minister Nicola Sturgeon has outlined plans to invest £7bn in major building projects and create a non-domestic business rates bill as part of the Scottish government’s Programme for Scotland 2018/19.
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Online
CapReg secures first-ever Superdry letting in Luton
Shopping centre REIT Capital Regional has added the first-ever Superdry store to its portfolio as the fashion retailer has signed for a new 2,300 sq ft unit at The Mall Luton.
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News
M7 completes over 170,000 sq ft of industrial letting in Chester
M7 Real Estate has completed two new lettings comprising over 170,000 sq ft of warehouse space at Deva 100, Matrix Court and Big Pal in Chester on behalf of a financial fund.
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News
Jurys Inn appoints new head of development
Jurys Inn has appointed Andrew Shaw as its new head of development, as the hotel operator seeks to expand its portfolio.
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Online
Primonial invests €800m in MPT in record healthcare deal
Medical Properties Trust (MPT) has sold a 50% stake in its MEDIAN Kliniken portfolio in Germany for €800m (£721m) to French investor Primonial REIM in the largest healthcare real estate transaction in Europe this year.
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News
Bristol Mayor scraps city centre arena plan
Bristol Mayor Martin Rees has abandoned council plans for an arena at Temple Meads in the centre of Bristol.
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Online
Barratt posts record annual profit
Britain’s largest housebuilder Barratt Developments has shrugged off concerns of a slowdown in the housing market to post record profit.
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Online
Berkeley claims housing policy “lacks urgency”
Upmarket housebuilder Berkeley has said that the capital’s high-priced housing market continues to stall and has called on authorities to relax restrictions on the construction of new homes.