All Property Week articles in 31 March 2017 – Page 3
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OnlineFrogmore sells South Place hotel
Frogmore has sold its South Place Hotel in the City of London to an unnamed international investor for around £67m.
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OnlineWoolhouse helps build CBRE capital markets team
CBRE has hired Tom Woolhouse as a senior director in its UK capital markets team.
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OnlineRoyal London buys Surrey industrial estate at 4.4%
Goya Developments and Bilsdale Properties have sold Orchard Business Park in Woking, Surrey, to Royal London for £21m.
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OnlineGreen light for Audley Retirement in Englefield Green
Audley Retirement has secured planning permission to begin work on its latest development located in Englefield Green near Egham, Surrey.
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OnlineFidelity awarded $300m pan-European mandate by Saudi Arabia’s leading investment bank
Fidelity International has partnered with Saudi Arabia’s leading investment bank and largest asset manager, NCB Capital, to launch a real estate mandate with a total investment firepower of $300m (£239.75m).
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OnlineDfE sets up £2bn property company
The Department for Education has set up a new public property company with a £2bn budget, which will purchase and develop sites to help create 500 new free schools in England.
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OnlineFolio teams up Chobham Farm JV for new Stratford homes
Folio London has entered into a new deal with Chobham Farm North LLP, a joint venture between Notting Hill Housing and Telford Homes, to provide over 100 new rental homes in Stratford.
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OnlineSigma signals plan for second quarter PRS REIT
Sigma Capital is planning to float a new REIT focused on the private rented sector (PRS) outside London in the second quarter of this year.
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OnlineWinckworth Sherwood grows real estate team
Law firm Winckworth Sherwood has boosted its real estate team with the appointment of a new partner, Andrew Kinsey.
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OnlineFrench glasses brand secures first UK stores
French optical and hearing care brand Acuitis has secured its first three UK stores as part of a wider roll-out.
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OnlineWest End investment hits record £1.9bn
Investment into commercial property in London’s West End reached a new record of £1.93bn in the first quarter of the year, according to Cushman Wakefield.
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OnlineRasmala and KAMCO snap up Amazon shed
Dubai-based Rasmala and KAMCO have acquired Amazons largest UK distribution facility in Dunfermline, Scotland for £61m.
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OnlineLiberty Living buys £460m Blackstone student portfolio
Liberty Living has become the UK’s second largest student accommodation group following a £460m deal to buy a portfolio of almost 6,500 beds from Blackstone.
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OnlineSafestay shares surge
Shares in Safestay jumped 8.04% on Friday after the hostel operator agreed an £18.4m refinancing with HSBC and completed a sale-and-leaseback deal on its hostels in Edinburgh and Elephant Castle, raising gross cash proceeds of £12.6m.
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InsightGetting to grips with carbon complexity is a simple matter of design intelligence
The architect Simon Sturgis also runs a carbon profiling company, SCP, which has undertaken research for clients ranging from Gatwick Airport and SEGRO to the Grosvenor Estate.
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OnlineThe politics of regeneration
I have been reporting on housing estate renewal on and off for over 11 years. In that time, the political wind at a national level has changed substantially and on more than one occasion.
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OnlineEmpiric buys out Revcap to take full ownership of Willowbank
Empiric Student Property has acquired Revcap’s 50% share in its flagship Willowbank site in Glasgow to give the student accommodation specialist a full controlling interest.
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OnlineEquinox given green light for luxury gym conversion at 12 St James's Street
Fitness firm Equinox has been given the green light by Westminster City Council to proceed with plans to convert the ground, basement and mezzanine levels of 12 St James’s Street in London from a restaurant and bar into an exclusive fitness club.
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OnlineAldgate Developments lets up 21 Lime Street
Aldgate Developments and the City of London Corporation have secured a lease to Antares Underwriting for the whole of 21 Lime Street in the City of London.
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OnlineHansteen loan to IMPT refinances facility from activist shareholder
Hansteen has provided an £11.5m loan to Industrial Multi Property Trust (IMPT) to refinance a loan from Alpha Real Trust – the IMPT shareholder who has objected to its takeover bid.
