All Property Week articles in 31 August 2018 – Page 4
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Online
LGIM lets No1 Colmore Square office
LGIM Real Assets has let 22,000 sq ft of office space at No 1 Colmore Square in Birmingham to the General Dental Council.
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Double hire for council-backed developer This Land
Cambridgeshire council-backed developer This Land has made a double hire to target a move nationwide having acquired 20 sites across the county.
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Spin class: HoFgate
My property client with the three House of Fraser stores calls me. His voice betrays a mixture of anger and panic. “They’ve told me they want to stay but they’re not going to pay any rent, just the business rates,” he says.
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Wildgoose Chase: the chase is on...
Industry members prepare to take part in annual Wildgoose Chase.
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Separated at birth: Matt Peaty and Matthew Goode
Metropolis thinks Matt Peaty, the new head of health and safety at Real Estate Management, and Downton Abbey and The Imitation Game actor Matthew Goode have more in common than just their first name: they look a lot like each other too.
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Insight
Classical music venues and placemaking
Culture been at the centre of town planning since the Romans built the Colosseum and the Ancient Greeks built the Amphitheatres.
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Portfolio growth for Soho Estates
Soho Estates has posted a £28m uplift in portfolio valuation to £943m in the year to the end of March, compared to £915.9m a year when the company saw a huge revaluation gain of £195.9m.
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Potential CVA for GBK
High street restaurant chain Gourmet Burger Kitchen is reported to have appointed Deloitte as a restructuring adviser, as it eyes a potential company voluntary arrangement (CVA) and closures.
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Two London-first stores take Coal Drops Yard to 90% capacity
Two retailers will open their first London stores at Coal Drops Yard, taking the Kings Cross development to 90% capacity ahead of its opening next month.
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LXi trades industrial assets in £34m worth of deals
Long income industrial REIT, LXi has sold its SIG-let Carlisle manufacturing facility for £12.2m and acquired two north east industrial units for a combined £11.6m with the proceeds.
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Colliers launches debt advisory service
Colliers International has launched a debt advisory service, with the appointment of a team of people from a Jersey-based consultancy.
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CEG completes lettings at Westfield Park with Vital Pets converted unit
CEG has completed the final letting within Mollins Court at its redeveloped Westfield Park in Cumbernauld, Scotland, with Vital Pets taking a 2,000 sq ft unit.
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Tishman Speyer lets space at former Economist Plaza
Tishman Speyer has completed the first lettings at the Smithson Plaza, the former Economist Plaza office building on St James’s Street in London’s West End.
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Brickvest’s Mackintosh moves to Unilever global owner HQ Aegila
Investment and advisory group Aegila Capital Management has appointed Brickvest’s Laura Mackintosh as its new head of investor relations.
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New MD as Henry Boot kicks on
Henry Boot Developments (HBD) has appointed Ed Hutchinson as its new managing director following the resignation of David Anderson in July.
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New partner among five promotions at Europa Capital
Pan-European REIM, Europa Capital has made five promotions across its business including the promotion of fund controller Helen Muir to partner.
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Marriott International takes Fetter Yard pre-let
Europa Capital, in partnership with Hobart Partners, has pre-let two floors totalling 30,000 sq ft at its Fetter Yard office scheme in London’s Midtown to hotel chain Marriott International.
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Creditors approve Homebase CVA
Over 95% of Homebase’s creditors have voted in favour of the company’s CVA, which will result in 42 stores closing.
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Value of Howard de Walden portfolio grows to £4.4bn
The value of the Howard de Walden Estate portfolio rose by 4.5% to £4.4bn in the year to March 31, compared with £4.2bn last year.
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London Crossrail opening postponed for nine months
Transport for London has announced that the opening of the central London section of the Elizabeth Line has been postponed by nine months until autumn 2019.