All Property Week articles in 5 August 2011 – Page 5
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News
SITQ offloads €800m of European assets
Pension fund to quit offices and ’risky’ hotel sector to focus on Canadian market
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News
Cushman & Wakefield gains $500m of senior debt
Cushman & Wakefield has obtained a five-year $500m senior debt facility to provide additional borrowing capacity, greater flexibility and more favourable terms
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Professional
Two law firms merge to create rival to top 20
Two medium-sized law firms have announced a merger that could challenge the UK’s top 20 law firms in property
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Markets
HS2 derails Derwent’s Hampstead Road
REIT faces second compulsory purchase order to make way for rail links
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News
Travelodge plans 178 rooms
Travelodge will open two hotels in developments that have been taken out of receivership in Altrincham and Ipswich
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News
Malaysians bid £165m for Tower Bridge House
Sovereign wealth fund targets 173,000 sq ft office on City of London fringe
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News
Euro Garages closes on £110m debt
Euro Garages, the privately owned forecourt retail group chaired by former Asda chief executive Andy Bond, has secured a £110m funding facility led and arranged by Lloyds Bank Corporate Markets, and supported by Handelsbanken.The money will support its acquisition strategy.
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Markets
Homeowners face £11.5bn clean up
Householders could face an £11.5bn bill for cleaning up contaminated land, says property search firm SearchFlow. Research by the firm reveals that 768,000 properties are on contaminated land and the cost of cleaning up the average contaminated plot is around £15,000.The Environmental Protection Act 1990 states that the people who ...
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Online
#PWTwitter100 - who are property's top tweeters?
Property Week, in partnership with Peer Index, has amassed a list of the property industry’s most influential Twitter users.
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News
RBS in talks over £100m loan
The Royal Bank of Scotland is in talks to restructure one its largest remaining City of London office loans
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News
Global Logistic nears £1bn buy
Global Logistic Properties is in exclusive talks to buy about ¥140bn (£1.1bn) of warehouses in Japan
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News
Hammerson to build on £1.1bn development plan
REIT to spend more on retail schemes in UK and France
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Online
Ernst & Young announces closure of 22 TJ Hughes stores
Ernst Young today announced the closure of 22 TJ Hughes stores after failing to find a buyer for the remaining parts of the business.
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Online
Plans submitted for redevelopment of Birmingham's 55 Colmore Row
AEGON Asset Management and Abstract Land have submitted plans for the 153,000 sq ft redevelopment of 55 Colmore Row in Birmingham.
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Online
Government rejects Wellcome's £1bn Olympic bid
Ministers have rejected The Wellcome Trust’s £1bn bid for the entire Olympic Park, The Financial Times reported today.
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Online
Green energy drive sparks Humber business park plan
Developer Wykeland is looking to kickstart a £15m business park scheme to cater for the growing renewable sector on the Humber, TheBusinessDesk.com reported today.
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Online
Royal Mail Paddington scheme hit by TfL’s Underground expansion demands
Royal Mail’s plans to develop a 270,000 sq ft mixed use scheme next to Paddington train station could be sent back to the drawing board tonight as it failed to make provision for upgrade works to an underground station beneath it.
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Online
KPMG prefers Argent's One St Peter's Square
KPMG has confirmed that a 65,000 sq ft prelet at Manchester’s One St Peter’s Square is the “preferred option” for its impending relocation.
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Online
Lloyds Banking Group sells £1.8bn of property in first half of the year
Lloyds Banking Group sold £1.8bn of property in the first half of the year and said today that it would make further significant sales during the second half of 2011.