All Property Week articles in 31 July 2015 – Page 2
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New joint venture offers property loan services in Ireland
Duff Phelps and Situs have launched a joint venture to offer specialised property loan services to the Irish market.
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Mayfair appoints Rockspring man in top investment role
Mayfair Capital has appointed Phil Sturdy, formerly European director at Rockspring, as investment director to support the firm’s growth plans.
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Weak resi market hits LSL profits in first half
LSL Property Services, the residential property services group, has revealed an 80% slump in pre-tax profit for the six months to the end of June, compared to the same period last year.
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Morgan Sindall revenue leaps 15% despite contracts woes
Morgan Sindall Group, the construction and regeneration group, has announced a 15% leap in revenue to £1.152m for the first half of the year to the end of June.
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Russian woes weigh on Immofinanz
Shares in Austrian property company Immofinanz fell sharply on Monday after reporting writedowns in Russia and Eastern Europe.
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Plans lodged for £100m regeneration of Poole marina
Plans have been submitted for a £100m regeneration of Salterns Marina, in Poole.
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London land sales hit post-crisis high
The sale of land for property development in London has reached the highest quarterly level since 2007, according to CBRE.
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Helical Retail gets planning consent for £30m Truro City Shopping Park
Helical Retail, a joint venture between Helical Bar and Oswin Developments, has won planning consent for a £30m retail and leisure scheme in Cornwall.
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Planning granted for 320-home Hampshire greenfield scheme
Commercial Estates Group has won planning consent for a £42m residential development on a greenfield site adjacent to the village of Rownhams, Test Valley, in Hampshire.
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Delph strikes off-plan deal in Bedford
Delph Property Group has purchased 46 luxury residential units off-plan in Bedford for around £9m.
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Colliers City duo poached by BNP Paribas Real Estate
BNP Paribas Real Estate has poached two City investment agents from Colliers.
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L&G completes £159m of deals for new income fund
Legal General Property has confirmed the acquisition of The Grafton Centre in Cambridge and First Central 200 in West London for a total of £159m.
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London Executive Offices takes seven floors of Sugar Building
London Executive Offices has taken seven floors at The Sugar Building at 5 Cheapside next to St Paul’s Cathedral.
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Norges swoops on £240m Bond Street tube shopping centre
Norway’s sovereign wealth fund is the frontrunner to buy the shopping centre above Bond Street tube station for more than £240m.
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F&C Commercial Property Trust swoops on Virgin Atlantic office near Gatwick
F C Commercial Property Trust has acquired AbstractSecurities’ Leonardo Building near Gatwick Airport for £45.342m at a yield of 5.3%. Built on spec: the Leonardo Building near Gatwick
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Land Secs agrees two lettings at Thomas More Square
Land Securities has secured two new lettings covering 49,000 sq ft at its offices at Thomas More Square in the City.
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AXA Real Estate raises €2.9bn for latest debt fund
AXA Real Estate has raised €2.9bn for its latest debt fund and secured a new £350m (€498m) separate account from a UK pension fund.
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Almacantar completes £550m Shell Centre office buy
Almacantar has completed the forward purchase of two significant office developments at One and Two Southbank Place at the Shell Centre development on the South Bank.
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Luxury male barbershop signs in Brewer Street
Upmarket male barbershop Murdock London has signed for a new flagship shop with the Crown Estate at 83 Brewer Street in Soho.
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SEGRO and Aviva agree Heathrow letting
The Airport Property Partnership (APP), a joint venture between SEGRO and Aviva Investors, has secured a 82,404 sq ft letting at the Heathrow Cargo Centre to Worldwide Flight Services (WFS), the world’s largest cargo handling organisation.