All Property Week articles in 31 May 2019
View all stories from this issue.
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Ex-Addison Lee HQ snapped up for student accommodation scheme
Taxi company Addison Lee’s former headquarters in Euston has been acquired by MBU Capital, which has plans to develop a mixed-use scheme including student accommodation.
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Unibail seeks £750m refinancing for Westfield Stratford
Unibail-Rodamco-Westfield has kicked off a process to refinance the £750m CMBS secured against the Westfield Stratford shopping centre.
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Growthdeck launches commercial property investment platform for private investors
Private equity investment firm Growthdeck has launched a commercial property investment arm aimed at private investors.
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BCO Conference 2019: Local and national government cooperation key to city development
Collaboration between national and local governments is the key to city regeneration, according to a director of the business responsible for the transformation of Copenhagen’s public realm.
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Rowan appoints Reid for growth push
Real estate investment company Rowan has appointed David Reid, formerly of WeWork and Cambridge University, as a director.
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Kennedy Wilson buys £41.3m office campus
Kennedy Wilson has acquired Ditton Park, a 200-acre office campus in South East England, for £41.3m.
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Cromwell appoints UK head
Cromwell Property Group has appointed Matthew Bird as its head of UK.
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Knotel signs in Soho
Flexible office provider Knotel is to open two new offices in Soho, London, adding 23,042 sq ft to its footprint in the capital.
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PPHE Hotel Group joins FTSE 250
PPHE Hotel Group has joined the FTSE 250 and FTSE All Share Indices.
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PMM makes first Irish loan
PMM Real Estate Finance has completed its first transaction in the Irish market, providing a facility of up to €30m to Westpark Shannon to refinance the Westpark Business Campus.
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First Property NAV nudges up but profit down
First Property Group posted a mixed set of results in its prelims for the year to 31 March.
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Stenprop continues multi-let industrial transition
Stenprop’s transition into a pure multi-let industrial (MLI) player continued last year with 42.7% of its portfolio now comprising MLI.
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Packaged Living hires Woodrow as joint MD
Palmer Capital-backed build-to-rent business Packaged Living has recruited Grainger’s former director of development Mark Woodrow as joint managing director.
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Shaftesbury gets green light for Carnaby block revamp
Shaftesbury has been granted planning permission for a major renovation of a mixed-use space at 72 Broadwick Street.
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Arcadia Live: CVA meeting postponed until 12 June
Arcadia has released a statement announcing today’s creditors meeting is adjourned for a week.
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BT announces first locations for office consolidation programme
BT Group has announced the first eight locations where it will consolidate its existing offices as part of its ‘Better Workplace Programme’.
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Dolphin Square £400m redevelopment plan rejected by Westminster committee
A controversial plan to redevelop and refurbish Dolphin Square was unanimously rejected by a City of Westminster planning sub-committee on Tuesday.
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Avison Young poaches Cushman & Wakefield property management team
Avison Young has bolstered its property management team by poaching seven staff from Cushman Wakefield’s property management team.
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The Restaurant Group plans sale and leaseback of HQ
The Restaurant Group (TRG) is planning for a sale and leaseback of its headquarters at 5-7 Marshalsea Road.
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Workspace posts annual rise in NAV
Workspace Group has posted a 4.7% rise in net asset value (NAV) in its annual results.