All Property Week articles in 4 May 2018 – Page 2
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JLL post 14% rise in revenue, but only Americas posts operating profit
Strong UK growth has contributed to a 14% rise in revenue at JLL in the first quarter of 2018.
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Urban Exposure completes largest AIM float of 2018
Urban Exposure, the specialist development finance firm, has completed the largest AIM listing so far in 2018 after its shares opened for trading this morning.
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Inland Homes appoints MD to board
Inland Homes, the AIM-listed housebuilder, has appointed its managing director Gary Skinner to the to the board with immediate effect.
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Paragon Banking Group up on Titlestone discussion announcement
Shares in specialist mortgage lender Paragon Banking Group rose 2.47% on the FTSE 250 to 540p on Tuesday, following an announcement from the company that it is in discussions to acquire residential development lender Titlestone Property Finance.
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St Modwen sells £90m of retail assets
St Modwen has sold retail assets in Longbridge, Birmingham and in Wembley, London in two separate deals for almost £90m.
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Fort Kinnaird snaps up Wagamama and Skechers
British Land has secured a series of lettings to tenants including Wagamama and Skechers at the Fort Kinnaird shopping centre near Edinburgh.
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L&G calls for public policy changes to support senior housing growth
Public policy around senior living housing must change to unlock “an extraordinary investment opportunity” and provide tens of thousands of homes a year for “last-time buyers”, according to new research.
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Manchester’s Ducie House sold for £9m
Leeds-based investor Town Centre Securities has bought Ducie House in Manchester from Urban Splash for £9m.
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Cording appoints two to asset management team
Philip Egan and William Twigden have been appointed to the asset management team at Cording Real Estate Group.
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Blackstone secures £58m loan facility from LaSalle for UK industrial portfolio
LaSalle Investment Management has issued a £58m five-year mezzanine loan facility to Blackstone for the acquisition of 59 UK industrial assets.
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Anthology wins Lambeth site bid with commitment to save cinema museum
Anthology has bought a residential development site in Lambeth from the South London and Maudsley NHS Foundation Trust after a competitive bidding process.
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Cluttons recruits investment and agency chief
James Beresford has been appointed by Cluttons as partner and head of the firm’s investment and agency division.
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Leamington Spa care home bought for £14m
Orchard Street Investment Management has bought a residential care home in Leamington Spa from Aprirose for £14.2m, representing a net initial yield of 3.85%.
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Symmetry Park expansion approved
DB Symmetry has secured planning permission for 1m sq ft of new logistics space at its Symmetry Park development in Biggleswade, Central Bedfordshire.
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Reuben brothers buy £300m Burlington Arcade
Thor Equities and Meyer Bergman have sold London’s iconic Burlington Arcade in London to property tycoons Simon and David Reuben for £300m.
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House price growth slows reveals Halifax
Annual house price growth has slowed in the three months to April, according to the latest Halifax house price index.
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Blackstone swoops for Gramercy in £5.6bn deal
Blackstone has agreed a $7.6bn (£5.6bn) deal to buy Gramercy Property Trust.
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Bruntwood signs 80th occupier to bring Platform to 90% occupancy
Bruntwood has signed the 80 th occupier to its co-working and accelerator space in Leeds, Platform, which is now 90% let or under offer seven months after opening.
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New director for Datscha
Proptech platform Datscha has appointment Daniel Clements as its new commercial director.
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Former Haringey leader Claire Kober joins Pinnacle Group
Pinnacle Group has appointed the former leader of the London Borough of Haringey, Claire Kober, as its new director of housing.