All Property Week articles in 5 October 2018 – Page 2
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Exeter Chiefs player to open new sports bar in the city
Although he is far more used to scoring points than pulling pints, Exeter Chiefs rugby legend Gareth Steenson is launching a new sports bar and restaurant in his adopted city.
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Patron sells mortgage lending business
Patron Capital has sold its prime second-charge mortgage lending business, Optimum Credit, to mortgage lender Pepper Money for an undisclosed sum.
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PRS REIT posts maiden annual results
PRS REIT has revealed a £3.2m pre-tax profit in its maiden annual results for the 13 months since its float in May 2017.
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Brexit hits high-price home sales at Telford
Telford Homes has warned that Brexit has hit house sales, with buyers taking a “wait and see” approach ahead of the UK’s departure from the EU.
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Aareal Bank acquires stake in BrickVest
Real estate specialist German bank Aareal has invested in online investment platform BrickVest.
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Latimer makes biggest North West buy in Salford
Clarion Housing Group’s development company Latimer has acquired a site in Salford Quays on which it will deliver 272 new apartments, marking its largest development to date in the North West.
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AXA IM acquires Australian office scheme overlooking Yarra River
AXA IM - Real Assets has completed the acquisition of a parcel of land with full office redevelopment approval in the Cremorne precinct of Melbourne for $32.5m (£25m).
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Switchover of plans sees ITV eye South Bank sale
Broadcaster ITV has announced plans to sell the its London South Bank headquarters, scrapping previous plans for a five-year redevelopment project.
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Knight Frank spies sale of ex-MI6 HQ in Westminster
Knight Frank has launched 21 Queen Anne’s Gate in Westminster, the former headquarters of the UK’s Secret Intelligence Services (MI6), to the market for a price in excess of £11.5m.
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UBS AM brings in Brumm as infrastructure equity portfolio manager
UBS Asset Management’s REPM business has appointed Rodolphe Brumm as a portfolio manager on its infrastructure equity team, relocating to London from San Francisco.
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Warehouse REIT to deliver £25m mixed-use redevelopment of Glasgow industrial estate
Listed industrial investor Warehouse REIT has secured planning permission for change of use on 16 acres of its land at the Queenslie Park industrial estate in Glasgow where it plans to create a £25m GDV mixed-use scheme.
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P3 leases Madrid logistics space to Airbus
P3 Logistics Parks has signed a deal with Airbus to let a new 336,695 sq ft space in its logistics hub at P3 Illescas park in Toledo, south of Madrid.
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Thackeray secures security and wealth management firms for Eastcheap Estate
The Thackeray Estate has secured a pair of new lettings at its refurbished Eastcheap Estate in the City core area of London.
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IPUT adds LinkedIn to network with Wilton Park pre-let
Social networking giant LinkedIn has agreed a pre-let to take the entirety of IPUT’s 150,000 sq ft One Wilton Park office development in Dublin.
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Saudi investor acquires £137.5m portfolio
Saudi Arabian sharia compliant asset manager Sedco Capital has completed the acquisition of a $179.9m (£137.5m) portfolio of three assets across the UK and France including the Vodafone-let Waterside House in Bracknell.
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Barings brings in hedge fund partner to head up SREI originations
Barings Real Estate has appointed Sam Mellor as its new head of Europe originations for structured real estate investments.
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Unite launches £275m unsecured bond and updates market
Student accommodation giant Unite Group has revealed a £275m senior unsecured bond in a move to diversify its sources of funding.
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GPE Mortimer Street scheme sold to St James's Place
St James’s Place UK has paid Great Portland Estates £38.5m to acquire 27-35 Mortimer Street, in London’s West End.
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Plans in for major Glasgow office scheme
Osborne and Co has submitted plans for a 283,000 sq ft grade A office development as part of the regeneration of Glasgow’s Argyle Street.
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In Touch Networks snaps up space at Hardman Square
Online networking platform In Touch Networks has taken 22,000 sq ft of office space at Royal London’s 3 Hardman Square in Manchester.