All Property Week articles in 31 October 2014 – Page 2
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Marks & Spencer plans Simply Food push
Marks Spencer plans to open up to 200 new Simply Food stores in the next three years, revising a previous target to open 150, according to its results today.
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Sellar residential tower gets go-ahead
Irvine Sellar’s plans to build a 26-storey residential tower next to the Shard have been given the go-ahead.
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M&G in £95m Reading office buy
M G Real Estate has placed under offer a prized Reading office building for around £95m.
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IM Properties prelets 788,000 sq ft shed
IM Properties has completed one of the biggest industrial deals in the Midlands this year with a 788,000 sq ft pre-let.
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Fenwick signs up to Bracknell town centre regeneration
Fashion retailer Fenwick has agreed to open an 80,000 sq ft store in Bracknell as part of a re-development of the town centre.
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Ocean Housing secures £50m loan from M&G
Ocean Housing has borrowed £50m from M G Investments to help fund its development activity in Cornwall.
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Dragonfly launches new bridging product for smaller loans
Dragonfly Property Finance has launched a new ‘bridge-to-let’ product for smaller loan sizes.
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Shoppers want complete retail experience, report finds
The majority of European shoppers want a good range of retailers and an inclusive shopping experience when deciding where to shop, according to new research from CBRE.
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Premier Inn signs for new Hub hotel in Edinburgh
Construction group Interserve has announced a hotel deal with Whitbread for a new Premier Inn hotel in the West End of Edinburgh.
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L&G completes £127m Aberdeen office buy
Legal General Property has bought the 335,000 sq ft headquarters of oil company Aker Solutions in Aberdeen for more than £127m, a 5.75% yield.
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Ashfield launches London office led by former Schroder man
Ashfield Land has today launched its London operations with the appointment of Nick Scott as director and head of the London office.
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Resolution signs social network for 19,000 sq ft in Shoreditch
Resolution Property has let 19,000 sq ft of offices at its Alphabeta development in Shoredtich, London EC2, to Mendeley, the Elsevier-owned company behind Cloud-based research reference manager and academic social network.
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LondonMetric exits central London office market with sale of One Carter Lane
LondonMetric Property has sold One Carter Lane to Fubon Life Insurance Company for £138.8m, reflecting a net initial yield of 4.3%.
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Unite continues to benefit from increased student numbers
Student accommodation giant Unite Group, has reported 99% occupancy for the current academic year, with students paying rents 3% up on last year, according to its latest stock market update.
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Harwood bags £65m portfolio
Harwood Real Estate has purchased a UK-wide portfolio from Aprirose in an off-market deal worth £64.65m, reflecting a net initial yield of 8%.
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L&G completes first hotel loan
Legal General has agreed a £37.5m, 10 year loan to a private client, which is secured against the Hilton London Heathrow Airport Terminal 5 hotel.
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St Modwen takes new Birmingham HQ
Regeneration specialist St Modwen has moved to a new head office at the heart of its £1bn project at Longbridge, Birmingham.
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London prime prices hit zero growth
Price growth in prime central London has slowed to zero in October, ending four years of growth.
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McCarthy & Stone increases homes target to 3,000 within four years
Retirement homes specialist McCarthy Stones is increasing its annual homes completion targets to 3,000 within four years on the back on surging interest in the retirement property sector.
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Axa leads £220m bid to buy Pinnacle site
A consortium of investors led by French fund manager Axa Real Estate is in talks to buy the stalled Pinnacle tower development in London.