All Property Week articles in 5 December 2014 – Page 3
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OnlineGrainger hires former Get Living London chief exec
Grainger, the UK’s largest listed residential landlord and manager, has hired Derek Gorman as managing director of market rented assets in a signal of the company’s intent for the private-rented sector.
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OnlineHSS Hire signs at Reading scheme
Tool hire operator HSS Hire has signed at an industrial park in Reading, bringing the UBS owned estate fully let.
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OnlineF&C buys Birmingham office for £11.65m
Bridges Sustainable Property Fund has sold 158-170 Edmund Street, Birmingham to F C UK Property Fund for £11.65m, reflecting a yield of 5.75%.
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OnlineSEGRO sells German Industrial portfolio for £36m
SEGRO has sold seven regional German industrial estates and agreed to dispose of a further three to Hansteen Holdings for €45.8m (£36.1m).
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OnlineMinority shareholder backs QIA/Brookfield bid for Songbird
Madison International Realty has become the second minority shareholder in Songbird Estates to back a £2.6bn hostile bid for the Canary Wharf owner by Qatar Investment Authority (QIA) and Brookfield Partners.
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OnlineRiley Sport Bars sold to private equity firm
The Riley Sports Bars business and its assets have been sold to private equity firm Weight Partners Capital after the 120-year old company went into administration earlier this year.
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OnlineManchester Corn Exchange wins 12 new restaurants
Twelve new restaurants have agreed to take units at Manchester’s revamped Corn Exchange.
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OnlineLazari Investments completes Brunswick Centre purchase with Barclays debt
Lazari Investments has completed the purchase of the Brunswick Centre in London’s Bloomsbury, with Barclays providing £115m of debt to finance the acquisition.
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Online
Hampshire Trust Bank hires Investec banker
Investec’s John O’Donnell has joined Hampshire Trust Bank’s specialist property finance team.
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OnlineAmazon flies into £67.5m Soho Works estate
High-end residential developer Amazon Property is under offer to buy the Soho Works estate for more than the asking price of £67.5m.
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OnlineThe Pollen Estate buys £35m Mayfair gallery space
Native Land has sold purpose built retail gallery space at its Burlington Gate development to The Pollen Estate for £35m.
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OnlineSongbird spurns final £2.6bn bid from QIA and Brookfield
Songbird has spurned yesterday’s £2.6bn final cash bid from Qatar Investment Authority (QIA) and Brookfield Property Partners.
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NewsUK property moves from 'Valium to Viagra' in results
Listed property companies have posted strong sets of results that surpass analysts’ most optimistic expectations.
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InsightLondon landlords ‘youthify’ their office space
More than 250,000 people work in the Technology, Media and Telecommunications (TMT) sector, and, according to Savills, that is set to rise to 300,000 by 2016. So it is no surprise that many commercial landlords are turning to tech companies such as Google and Skype for inspiration when it comes ...
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News
Rockhopper jumps into Welbeck Street
Standard Life Investments Pooled Pension Property Fund has secured oil and gas exploration company Rockhopper Exploration as the final tenant at 5 Welbeck Street in London.
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InsightThe Wembley way for Quintain - Maxwell James interview
The Quintain name has become synonymous with the long-running Wembley scheme. Why is chief executive Max James putting all his eggs in one basket?
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NewsLloyd Webber helps out Nicole Scherzinger
Famed composer Andrew Lloyd Webber is doing his bit to alleviate London’s housing crisis by putting up a friend in need in his Covent Garden flat.
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MarketsGreater Manchester looks forward to state of independence
What devolution will mean for Manchester - and other regions of England.
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News
REIT move prompts Real Estate Investors to offload
Birmingham-based Real Estate Investors (REI) is planning to take advantage of its forthcoming conversion to REIT status “to become more of a seller”.
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NewsQuintain and GLA team up for Docklands housing push
Plans are being worked up to bring forward a long-stalled key strategic site in London’s Docklands opposite the Greenwich Peninsula.
