All Property Week articles in 4 May 2018
View all stories from this issue.
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News
BT plans to exit City HQ
Telecomms giant BT is planning to move out of its City of London headquarters as part of the cost-cutting strategy it announced today.
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Online
Holy Moly Macaroni makes Grand Central its first restaurant location
Two new dining brands have signed for space at Hammerson’s Grand Central including a debut restaurant for Harlem-influenced soul food operator, Holy Moly Macaroni.
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Online
Linden and Wates JV secures 40 acre St Albans site
Europa Capital and St Congar Land have exchanged on the sale of a site in St Albans to a joint venture between Linden Homes and Wates Developments.
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Online
Quintet of appointments for Colliers International
Colliers International has made a quintet of senior appointments with a new director and associate director for its project building consultancy team and a trio of ratings hires across the UK.
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Online
New head of workplace for CBRE
CBRE has hired Jason Turner as the new head of its UK workplace team from architecture firm HLW International.
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Online
FTSE 100 closes up as Urban Exposure starts strongly after listing
The FTSE 100 closed 97 points higher on Wednesday after strong gains in the day to rise 1.28% to 7,662 led by a significant jump in oil prices.
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Online
House price falls continue in London and spread to south west
House prices are continuing to fall in London, according to the April 2018 RICS UK Residential Market Survey.
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Online
Northern Ireland Investment Fund awards first loan
The Northern Ireland Investment Fund has awarded its first loan, allocating £20m to finance the redevelopment of Merchant Square in Belfast.
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Online
Manager appointed to Toys R Us portfolio
Distressed portfolio specialist FI Real Estate Management has been appointed to oversee the former Toys R Us estate.
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Online
Civitas transfers First Priority Leases to Falcon Housing
Civitas has assigned all of its leases with First Priority Housing Association to Falcon Housing Association after First Priority fell into financial difficulty in February.
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Online
West End deals fall by 64% year-on-year
West End transaction volumes fell by almost two-thirds in the first quarter of 2018 compared to the same period last year, according to Knight Frank.
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Online
Coverys signs with Helical at One Creechurch Place
Helical has secured a 15,994 sq ft letting to insurance firm Coverys at One Creechurch Place in London.
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Online
Places for People buys Igloo regeneration fund
Places for People has struck a deal with Igloo to acquire what was once described by the United Nations as “the world’s first socially responsible property fund”.
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Online
Mountpark plans Avonmouth Severnside development
Mountpark Logistics has bought 59 acres of industrial development land in Avonmouth Severnside from AstraZeneca UK.
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Online
PRS is top pick from property professionals poll
The private rented sector is expected to be the most attractive asset class in 2018, according to a poll of real estate professionals.
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Online
Regional land values spiral as London suffers
Land values in major regional cities have seen strong growth as developers chase opportunities tied to house price growth, according to Savills.
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Online
Barratt buys Birmingham building site
Barratt Homes has bought a 22-acre development site from Birmingham City Council and Homes England.
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Online
Vail Williams reveals south coast merger
Vail Williams has merged with south coast firm Hughes Ellard to become one of the largest property advisers in the region.
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Online
L&G's Charlie Walker resigns from firm
LGIM Real Assets’ Charlie Walker has resigned to set up a new investment management business.
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Online
Savills buys Broadgate Estates management business from British Land
British Land sold the third-party portfolio within its property management business, Broadgate Estates, to Savills for an undisclosed price.