All Property Week articles in 5 December 2014
View all stories from this issue.
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Campaigners slam Boris over Bishopsgate backing
Campaigners against the £800m Bishopsgate Goodsyard residential tower scheme have hit out at Boris Johnson’s “strong support” for the scheme.
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Manchester office deal sets record low for regional yields
An office building in Manchester has set the record low for a post-recession yield in the regions after it was bought by Orchard Street at 4.9%.
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Revised plans for Television Centre approved
Stanhope and Mitsui Fudosan have received a resolution to grant planning permission for their revised plans for the redevelopment of Television Centre in west London.
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Pharmaceutical giants look to offload real estate
Global pharmaceutical firms are expecting to reduce the amount of real estate they own in a trend that could create a new market for property investors.
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Law firm makes Manchester move
Law firm DLA Piper has confirmed its move into 44,880 sq ft in Argent and Greater Manchester Property Venture Fund’s One St Peter’s Square in Manchester.
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Whitbread managing director steps down
Whitbread Hotels Restaurants managing director Patrick Dempsey is to step down next year.
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Metrobank launches buy-to-let portfolio offer
Metro Bank, the US high street bank that launched its first UK branch in 2010, has launched a portfolio buy-to-let proposition for landlords.
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Ace Liberty and Stone reveals 148% profit jump
Ace Liberty and Stone, the commercial property investment group, has revealed a 148% leap in interim pretax profits to £281,791.
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AEW Europe completes £650m capital raising
AEW Europehas completed the final close for LOGISTIS, raising a total of €820m (£650m) of new equity.
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Qataris regain third director on Songbird board
The Qatar Investment Authority boosts its support on board of Songbird Estates with appointment of banker Ken Costa.
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Songbird executive claims hostile bid 'is dead' as Glick & CIC back defence
Senior executive at Songbird says two of its biggest shareholders will not back the Qatari Investment Authority and Brookfield Property Partners takeover bid.
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Charities group buys £44.5m City office
CCLA, the specialist fund manager for charities, faith organisations and local authorities has bought 80 Cannon Street in London for around £44.5m.
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Mayor approves Wood Wharf plans
Boris Johnson has approved Canary Wharf Group’s plans to build up to 3,610 homes at Wood Wharf.
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M&G acquires Guildford office park
M G Real Estate has acquired London Square office park in Guildford from IM Properties for in excess of £43m.
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Commercial activity sees November rise
UK commercial development activity continued to rise strongly in November though remains below average, Savills’ research reveals.
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AGC signs at 33 Davies Street
AGC Equity Partners has taken the last two floors at Grosvenor and Stow Capital Partners’ 33 Davies Street, as revealed by Property Week.
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Birmingham council slammed in government report
Birmingham council has been warned it could face government intervention following a highly critical report that also said it must do more to regenerate the poorer outer areas of the city.
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Topland sheds two warehouses
Tritax Big Box REIT has acquired two warehouses from Topland for £55.1m, reflecting a net initial yield of 6.9%.
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Santander appoints regional real estate head
Santander Corporate and Commercial has appointed a new real estate head for Scotland, Northern Ireland and North-East England.
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Aviva offloads Beacon Retail Park
TIAA Henderson Real Estate has acquired Beacon Retail Park from Aviva Investors for £29.25m.