All Property Week articles in 5 January 2018 – Page 2
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Helical makes double letting in the City & leases out 25 Charterhouse
Helical has made two lettings at its City of London office scheme One Creechurch Place totalling 54,315 sq ft.
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Palmer Capital completes £40m B&Q buy
Palmer Capital has acquired a B Q-let retail warehouse just outside Southampton for £40.4m on behalf of a client.
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FTSE hits high, but Persimmon shares fall
Shares in housebuilding giant Persimmon slipped 1.2% to £27.14 on Tuesday, despite the group saying it expected to achieve a modest increase in sales this year.
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PRS REIT eyes £450m of new sites
PRS REIT is eyeing £450m of new development opportunities, and is seeking new debt facilities to fund its ambitious building programme.
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Taylor Wimpey reports rise in homes sales for 2017
Housebuilding giant Taylor Wimpey has revealed a 5% rise in home sales for 2017 in its latest trading update to the market.
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L&G completes £135m Gresham Street sale
LGIM Real Assets has completed the sale of 99 Gresham Street, in the City of London, to a private investor for over £135m.
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St Francis teams up with Richardsons for spec dev drive
St Francis Group has announced the creation of a joint venture partnership with the Richardson family that will see the duo speculatively develop more than 600,000 sq ft of industrial and warehouse space.
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Gerald Eve expands London office team
Gerald Eve has expanded its London offices team with the recruitment of Patrick Ryan as partner.
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Byron to review 20 restaurants under CVA plan
Embattled restaurant chain Byron Hamburgers is set to launch a company voluntary agreement, under which it will review leases on 20 of its stores.
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Harworth expects value gains to be 'appreciably ahead' of expectations
Brownfield regeneration specialist Harworth Group has revealed it expects its year-end value gains and EPRA NNNAV to be ahead of forecasts in its latest trading update.
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Raab appointed as new housing minister - property reacts
A key figure in the government’s Brexit negotiations has been appointed as the new housing minister.
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StepStone buys out rival Courtland to create real estate investment giant
US advisory group StepStone Group Real Estate (SRE) has bought rival Courtland Partners to create a global investment powerhouse advising on around $100bn (£74bn) of funds, including over $2bn of assets under management.
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Inovalis and TFI hit target with Arrows acquisition
Inovalis REIT and TFI EU Property Income Fund have acquired the office building ’Arrows’ in Neu-Isenburg.
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Colliers expands City team
Colliers International has appointed James Nicholls as a director to its London City investment team.
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Helical puts its industrial portfolio on market for £132m
Listed property company Helical has put all its remaining industrial properties up for sale for £132m, Property Week can reveal.
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Edinburgh Marina gets green light for retirement living scheme
Edinburgh Marina Holdings has secured detailed planning permission from Edinburgh City Council for its £46m luxury waterside retirement living scheme.
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2018 preview: REIT here, REIT now
It has been a longstanding rule that offshore owners of UK real estate are not subject to UK capital gains tax on sale of commercial investment property.
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Green light for Salmon to soar with record Bristol office development
Salmon Harvester has been granted planning consent for a new 210,000 sq ft office headquarters building at 4 Glass Wharf in what will become Bristol’s largest office development for a decade.
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L&G snaps up Stafford retail park
LGIM Real Assets has acquired the Riverside Retail Park in Stafford for £36.8m, on behalf of its second UK Property Income Fund.
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Mothercare shares slump and FTSE 100 falls
Mothercare shares plunged 27.5% yesterday after the baby product retailer reported a slump in sales and issued a profit warning.