All Property Week articles in 4 September 2015 – Page 4
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Online
Wiese's Moorgarth and CCD form development JV
Moorgarth Group, backed by South African billionaire Christo Wiese, and CCD Properties have formed a joint venture company to focus on the development of food stores and mixed-use opportunities in the South East.
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Online
BMO acquire £175m retail park
BMO Real Estate Partners has acquired the Parkgate Shopping Park, in Rotherham from Hercules Unit Trust for around £175m.
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Online
Logicor in exclusive talks to buy €550m portfolio
Logicor is on the verge of acquiring a €550m pan-European logistics portfolio from Immofinanz Group.
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Online
Intu gets go ahead for MK redevelopment
Intu has been given the green light by planning chiefs to redevelop its Milton Keynes centre, expanding it by 100,000 sq ft.
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Online
AXA lands £70m City of London office
AXA Real Estate has placed under offer the long leasehold interest in 62 Queen Street in the City of London for just under £70m.
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Online
Lone Star wins £2.7bn Project Churchill
Lone Star has won the race to buy Aviva’s mammoth £2.7bn Project Churchill, Property Week can reveal.
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Online
Ediston swoops on leisure portfolio
Ediston Property Investment Company has acquired a leisure portfolio in northern England.
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Online
Safestore is buoyed by positive update
A positive trading update helped make Safestore one of the top risers in a better day for the stock market on Thursday.
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News
Sveafastigheter sells mix of properties to Partners Group
Nordic property investment manager Sveafastigheter has sold a property portfolio to Partners Group for SEK3.2bn (£248m).
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Insight
‘Nonsensical’ green-belt restrictions must go
As a practitioner of more than 48 years’ standing, it is obvious to me that the proposition we have heard for this same 48 years - that there are enough brownfield sites to be developed without having to release green-belt sites - is one of the nation’s most enduring ...
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News
There’s no sluggish start to the final quarter on Twitter
The children are back to school this week and it means one thing in the property industry - the sunny beach holidays are behind us and attention has turned to preparing for a bumper final quarter of 2015.
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News
Retirementmove eyes new-build market
Retirementmove, the UK’s only estate agent specialising in pre-owned retirement properties, is launching a new division in an effort to tap into the burgeoning new-build retirement market.
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News
Shortage of industrial space drives up rental prices
An acute shortage of prime industrial and logistics space is driving up rental prices in both the primary and secondary markets, research from Colliers International has found.
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News
Pivotal moment for home design website Houzz
Home design website Houzz is under offer to take the whole of the Pivotal building near Angel, Islington.
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Insight
Soaring demand puts pressure on Thames Valley industrial market
The surging increase in online purchases and the need to deliver an ever-increasing volume of parcels is creating a crisis in the Thames Valley industrial market.
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News
Universal Music sounds out King’s Cross pre-let
The music giant behind stars such as Taylor Swift, Rihanna and Paul McCartney is close to signing a deal for a mega pre-let at Argent’s King’s Cross redevelopment.
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News
Crest set to redevelop Sydenham Hill site
Crest Nicholson and St Clement Danes Holborn Estate Charity have been granted planning permission for a housing scheme at St Clement’s Heights in Sydenham Hill, south London.
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Professional
Corporate real estate transactions increasingly include W&I insurance
Warranty and indemnity (W I) insurance is becoming an increasingly common feature of corporate real estate (CPRE) transactions involving the acquisition or disposal of corporate entities that own UK real estate assets.
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Markets
Cities on the devolutionary road
Much is being made of the new government’s promise to hand greater powers to regional cities, but how many authorities will be willing to meet the chancellor’s conditions?
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News
CBRE Global Investors buys convenience store
CBRE Global Investors has purchased the freehold of 12-24 Eastwood Road, Rayleigh, Essex, for £10m in an off-market deal.