All Property Week articles in 6 December 2013
View all stories from this issue.
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LandSecs nears £270m deal for Cabot Circus stake
Land Securities is closing in on a deal to sell its half share in the Cabot Circus shopping centre in Bristol for a price thought to be around £270m.
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Harworth wins planning in Rotherham
Harworth Estates has received planning consent for a 100,000 sq ft industrial scheme in Rotherham, Yorkshire.
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Topland to embark on Strand office to resi scheme
Topland has entered in to a joint venture with English Rose Estates to undertake an office to residential conversion on The Strand in the West End.
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Green light expected for BBC Television Centre
Stanhope’s plans for the redevelopment of BBC Television Centre have been recommended for approval.
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Remaining 91 Blockbuster stores to close next week
The administrators of Blockbuster Stores have announced that its remaining 91 stores will close by 16 December after the administrators failed to find a buyer for the business.
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HSBC to start lending to housing associations
HSBC is to start lending to housing associations from next year.
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MedicX adds to portfolio
MdicX Fund has forward funded a new primary care medical centre in Buckley, Flintshire.
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Benson Elliot and Stanhope granted Station Hill consent
Benson Elliot and Stanhope have been granted planning consent by Reading Borough Council for the £500m redevelopment of Station Hill.
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Native Land dropped from Lambeth Fire Station project
The London Fire and Emergency Planning Authority has voted to terminate its six-year agreement with Native Land to redevelop the former Lambeth Fire Station on Albert Embankment.
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Quintain gains Wembley consent
Quintain has received planning consent for 475 new homes at its Wembley Park scheme.
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DTZ appoints new Leeds director
DTZ has made two new senior appointments in its national investment agency team.
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Henderson buys foodstore for £31m
Henderson has bought a 73,700 sq ft Sainsbury’s in Ripley, Derbyshire for £31m.
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Terrace Hill net debt falls 62.9% in “transformational year”
Terrace Hill Group saw its net debt reduce by 62.9% over the course of its financial year to £17.5m in what it called a “transformational year” for the company. Its gearing fell to 28.6% from 78.2% the year before.
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Redefine buys £84m shopping centre
Redefine International has bought the Weston Favell Shopping centre for £84m from Aviva.
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Blackstone’s Hilton raises $2.35bn in IPO
Hilton Worldwide Holdings has raised $2.35bn after being listed on the New York Stock Exchange.
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LaSalle completes final lettings at 23 Savile Row
LaSalle Investment Management has completed two lettings at 23 Savile Row, which will leave the 100,000 sq ft Mayfair office building fully let.
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Tritax buys £48.75m Sainsburys shed
Tritax has bought a Sainsbury’s distribution centre in Leeds for £48.75m, a yield of 6.65%.
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Savills wins Royal Docks contract
Savills has been appointed to work with Royal Docks developer Asian Business Port to promote its business projects across the world.
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Orchard Street Investment Management appoints new managing partner
Philip Gadsden has been appointed to managing partner of Orchard Street Investment Management.