All Property Week articles in 5 December 2014 – Page 2
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Elizabeth House gets green light
Lambeth council has given the green light to the controversial redevelopment of Elizabeth House near London’s Waterloo Station following a failed legal challenge to the scheme.
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US co-working club heads to Adelphi
US co-working members club operator NeueHouse has signed for 66,000 sq ft at Blackstone’s Adelphi Building for its first UK premises.
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Savills boosts South East offices team
Savills has re-recruited director Piers Nickalls to its South East offices team.
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Songbird bid gains third backer
Brookfield and the Qatar Investment Authority’s bid to buy Songbird Estates has received further backing this morning from minority shareholder EMS Capital.
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Billionaire Wiese to launch new UK discount fashion chain
South African billionaire Christo Wiese is set to launch an assault on the UK retail market, and has put together a collection of industry heavyweights to lead his plans.
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Macquarie offers flexible funding to Victus student fund
Macquarie Real Estate Lending has provided a £35m stretch senior financing facility for Victus European Student Accommodation Fund.
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Warner Bros takes refurbed Midtown office
A Warner Bros subsidiary has taken 17,000 sq ft of office space in Holborn.
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EDI Group unveils flagship hotel for Edinburgh's Old Town
Developer EDI Group has revealed plans for a flagship hotel built on a gap site in Edinburgh’s historic Old Town.
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New recruit joins LSH in Fareham office
Lambert Smith Hampton has appointed Guy Jackson as a surveyor in industrial and office agency in its Fareham office.
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New Scotland Yard sold for £370m
The Metropolitan Police has sold New Scotland Yard for £370m, far above the asking price of £250m, to Abu Dhabi Financial Group (ADFG).
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Harwood claims record basement rent for London office
Harwood International has claimed a record rent for basement office space in London.
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Tesco profit warning sends shares into freefall
Tesco shares have plunged 13% in early trading today after another profit warning – raising the prospect of further write-downs to UK supermarket property assets.
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Land Secs completes £224.1m sale of Scottish retail mecca
Land Securities has completed the sale of The Centre shopping centre in Livingston, Scotland, for £224.1m to HSBC Alternative Investments (HAIL) and Hines.
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Land Secs wins Polar tenant
Fund manager Polar Capital Holdings has taken 19,000 sq ft at Land Securities’ 16 Palace Street in Victoria.
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Salmon Havester gets green light for next Temple Quay phase
Salmon Harvester Properties, a joint venture between Salmon Developments and NFU Mutual, has received planning approval for the next phase of development at Temple Quay in Bristol.
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Sagi announces Camden Market IPO
Israeli billionaire Teddy Sagi has announced plans to float his holdings in Camden Market to create a £750m company.
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Aberdeen buys £16m Kia HQ
Aberdeen Asset Management has bought the Kia Motors UK headquarters in Walton-on-Thames for £16.3m from The Capital Trust Group.
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QIA completes £1.1bn HSBC tower deal
Qatar Investment Authority (QIA) has completed the UK’s biggest office deal in history with the £1.1bn purchase of HSBC’s headquarters in Canary Wharf.
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Mansion tax and stamp duty forces super rich into £1m+ rented homes
London’s ultra prime £100,000-plus and super-prime £1 million-plus a year rental markets are booming.
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Hines sells Stonecutter Court for £112m
Ivanhoé Cambridge has bought Stonecutter Court, one of Deloitte’s City offices, from Hines Global REIT for £112m.