All Property Week articles in 4 October 2019 – Page 3
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OnlineSchroder REIT agrees £130m refinancing
Schroder REIT has agreed a £129.6m refinancing with Canada Life Investments, extending the term of its lending from 8.5 years to 16.5 years.
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NewsPlanning permission submitted for Manchester's £1.4bn Mayfield redevelopment
The Mayfield Partnership has submitted a planning application for the first phase of its £1.4bn transformation of the Manchester area of the same name.
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NewsSouth Central warehouse sold for £15m to Aviva Investors
Peveril Securities and Marchmont Investment Management have sold South Central, a warehouse in Orpington to Aviva Investors for £15m.
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OnlineAlmost 200,000 sq m of office space let in Dublin this year
New research from CBRE shows that 192,790 sq m of office space has been let in the first three quarters of 2019.
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OnlineTravelodge set to open six more hotels
Travelodge is planning to open six more hotels before the end of the year.
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OnlineEdmond de Rothschild appoints head of real estate debt
Edmond de Rothschild has appointed Ralf Kind as head of real estate debt.
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OnlineM7 Real Estate completes on £13m London sale
M7 Real Estate has completed the sale of Becketts House and Caxton Place in Ilford, London, for in excess of £13m.
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OnlinePizza Express prepares for crunch talks with creditors
Pizza Express has hired financial advisors ahead of crunch talks with its creditors.
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OnlineWhere is the UK’s senior living sector heading?
The UK’s senior living sector has been growing steadily over the last decade, but 2019 has seen even greater investment commitments than ever before from private equity, institutional capital and family offices alike.
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NewsMike Ashley reported to be planning closure of almost all House of Fraser stores
Mike Ashley’s Sports Direct is believed to be preparing to shut down almost every House of Fraser store at the end of the Christmas trading period.
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NewsSouth Korean investors hit $11.5bn record in 2019 to-date
South Korean real estate investors have hit a record total of $11.5bn (£9.3bn) in global cross-border deals to-date in 2019.
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NewsCrookshank Properties buys Denton office park for £6m
Crookshank Properties has acquired a 36,850 sq ft office park in Denton, Greater Manchester, for £6m from Amerdale Investments.
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NewsREDD buys Balfour Place for £15m and signals more mixed-use development buys to come
Monaco-based REDD has bought Mayfair’s Balfour Place in central London for £15m.
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OnlineLocale expands UK use of its platform by 42%
Digital property management platform Locale grew the number of locations using its services in the UK in the first half of 2019 by 42%.
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NewsM&GPrudential buys City site for 900,000 sq ft office scheme
M GPrudential has clinched a £875m deal to buy 40 Leadenhall in the City of London, where it will develop a new 905,000 sq ft prime office complex.
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OnlineMapletree buys two Unite schemes in Coventry
Unite Students has sold two blocks in Coventry, comprising 1,127 beds, to Mapletree Investments for £96m.
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OnlineLondon heads European economic league despite Brexit
London has stayed in top spot on a European economic league despite concerns over the effects of Brexit.
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OnlineThe Crown Estate picks JLL for London mandate
The Crown Estate has appointed JLL as managing agent to its 10m sq ft central London portfolio.
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Online
Aviva pre-lets One Bow Churchyard to Shoosmiths
Aviva Investors has pre-let City of London office building One Bow Churchyard to legal firm Shoosmiths for 15 years.
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Workspace sells Farringdon property at bumper premium to book value
Workspace Group has agreed to sell a property in Farringdon for £14.75m – equivalent to a 47.5% premium to book value.
