All Property Week articles in 31 October 2014 – Page 3
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Online
Crédit Agricole appoints agents to manage global real estate
Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIM), the corporate and investment banking arm of the Crédit Agricole group, has appointed JLL to deliver a global real estate performance plan.
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Online
Intu reports improved retailer demand
Intu Properties, the shopping centre operator, has reported a continued improvement in retailer demand with 71 new long-term leases agreed for £13m, 5% above previous passing rent and in line with valuation assumptions.
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Online
Hansteen sells industrial portfolio for £146m
Hansteen Holdings, the UK and Continental European property investment company, has sold the Hansteen UK Industrial Property Unit Trust a UK multi-let industrial property portfolio, in two transactions for £146.1m.
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Online
Almacantar revises Marble Arch Tower plans
Almacantar is this week launching a public consultation on revisions to its scheme at Marble Arch Tower.
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Online
Government kicks off English devolution with northern powerhouse
Greater Manchester has agreed a multi-billion pound devolution deal with the government for the transfer of powers covering transport, housing, planning and policing - under the remit of a directly-elected city mayor, as revealed by Property Week last month.
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Online
Supreme Court refuses Game appeal
The Supreme Court has rejected Game’s application to appeal the Court of Appeal’s decision in a case about whether companies entering administration should be able to continue trading while defaulting on rent payments.
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Online
Trampoline park plans UK expansion
Gravity Fitness has appointed Savills to identify new space for the Yorkshire-based trampoline park operator as part of a UK-wide expansion drive.
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Online
Realstar confirmed as £200m partner for Newington Butts PRS tower
Canadian residential investor Realstar has been confirmed as the new £200m backer of a major private rented scheme at Newington Butts in Elephant Castle, as tipped by Property Week.
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Online
Scotland enjoys post-referendum transactions surge
Scotland has enjoyed the best quarterly performance for commercial property sales in six years, amid a post-independence referendum surge.
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Online
Banking family frontrunner to buy £700m Gherkin
A frontrunner has been chosen to buy the iconic Gherkin skyscraper in the City of London for around £700m.
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Online
Intu puts in place £600m credit facility
Intu Properties has put in place a new £600m revolving credit facility which the shopping centres group will use for general liquidity.
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Online
GPE secures new £450m credit facility
Great Portland Estates has secured a new £450m credit facility with a group of seven banks for “general corporate purposes”, replacing previous facilities of £500m.
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Insight
Leadenhall record raises the question – is this the top?
Was Nick Leslau being a bit cute when he insisted as he sold Max Property in July he was “absolutely not” calling the top of the market, and that he was simply getting out early having been “offered tomorrow’s jam today”?
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News
Industrial could soon outpace office returns
The sheds market is set to outperform the office market in 2015, for the first time since 2009, Cluttons’ Commercial Property Market Outlook report has revealed
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Insight
Who’s heading for the relegation zone?
If “any element that removes space for residential development… is an unnecessary drag on the bottom line” (17.10.14), we can say goodbye to football grounds.
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Markets
Wykeland Group MD follows in the footsteps of a northern property industry legend
Simon Creasey speaks to Wykeland Group managing director, Dominic Gibbons
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News
Property firms raise thousands for LandAid
Property professionals raised £90,000 for LandAid Day.
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Professional
Shared Parental Leave: the implications for your firm
Businesses will need to have SPL policies in place by December, writes Adam Branson.
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Markets
Oakgate find perfect match in Stonegate, York
If ever a deal were written in the stars, Oakgate Group’s acquisition of an historic grade-II listed building in Stonegate, York, was it.
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News
Ferrero Rocher sweet on West London office
Chocolate brand Ferrero Rocher has bought an office block in Greenford, west London, as an owner-occupier investment for its UK headquarters.