All Property Week articles in 5 October 2018 – Page 5
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Insight
Home economics: supply shortage invevitably coming in London
The central London residential market slowdown over the past 36 months has been well documented. Adverse fiscal policy, multiple stamp duty hikes and Brexit have been a lot to digest, particularly in the prime market, where high unit prices are frequently the target of vigorous politicisation.
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Online
Arlington secures 65,000 sq ft pre-let in Gloucester
Arlington has secured one of the West Country’s largest office pre-lets for over a decade, signing a 15-year leasing deal with Ecclesiastical Insurance Office for 65,000 sq ft at Gloucester Business Park.
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Online
Hirst in the frame for new London HQ with £40m Beak Street buy
Artist Damien Hirst’s production company Science (UK) has acquired Enstar Capital and LandCap’s Beak Street building for £40m to create a new London flagship studio and art complex.
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News
Savills blames ‘settling’ market for lacklustre September sale
Auctioneer cites a ‘more normal’ climate in which buyer caution is compounded by wider economic uncertainty.
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Insight
How to create real communities in BTR
Lyvly is a shared living management specialist that works with build-to-rent developers to bring community into their buildings and beyond. It gathered a panel of experts to discuss what makes a successful community and how the industry can deliver it.
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News
Pan-African investor eyes bond issue
Grit Real Estate Group, the pan-African property investor, is preparing to issue a secured bond next year with a view to raising at least $115m (£88.5m).
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Insight
Why is Amazon dipping its toes in the modular housing market?
Firm’s Alexa Fund has bought stake in Plant Prefab in deal that has sparked speculation about its long-term plans.
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Insight
Industry attacks May’s new stamp duty plans
Developers say government’s planned tax hike could make the housing crisis worse
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Markets
Northern exposure: Yorkshire markets focus
Investors unable to find good-value office and industrial stock in the south are looking to Leeds and Sheffield, as part of a wider investment boom in the region.
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Markets
Keyland helps developers tap into Yorkshire Water sites
Property trading company is selling off 250-acre industrial land bank.
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Markets
Railway site is platform to transform York's city centre
York Central development set to draw on the city’s rail heritage
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Markets
Office scheme to rise from ashes of iconic Leeds venue
Fire-devastated nightclub is set to become a 66,000 sq ft office scheme
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Insight
Swedish market: the retail Lobby
Swedish property developer AMF Fastigheter tells Property Week why it has launched a retail innovation hub right next to its Stockholm HQ.
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News
Barwood teams up with Caisson for industrial buys
Barwood Capital has formed a joint venture partnership with Caisson Investment Management to acquire multi-let industrial estates.
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News
Revo urges government to act on rates and online tax
A reform of the business rate system and an online retailer tax were both on the agenda at this week’s Conservative Party conference, but Revo’s policy adviser Matthew Ogg said urgent action was required to bring forward these changes.
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News
Oxenwood and AIMco JV mulls sale of £325m Ultrabox portfolio
Partners considering options for logistics assets following unsolicited approaches from overseas investors.
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Insight
“Is Compass a money-blowing residential version of WeWork?”
Last week, WeWork backer SoftBank pumped $400m into Compass, a high-end US residential property site absurdly valued at $4.4bn. Some of that cash may well be splashed in London.
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Online
CERT Property puts 17,000 sq ft of Liverpool office space on the market
Developer and investor CERT Property has appointed Colliers International and B1 Real Estate to let almost 17,000 sq ft of office space in Liverpool.
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News
Concierge Auctions offers ‘once-in-a-lifetime’ opportunity to buy historic Italian villa
Concierge Auctions will offer an 18th-century luxury villa on Lake Como, Italy, at its next online auction on 30 October.
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News
WP Carey secures Lisbon landmark shed
WP Carey has acquired a distribution centre near Lisbon, Portugal, for around €43m.