All Property Week articles in 6 December 2013 – Page 3
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OnlineMedicX reports NAV per share of 63.1p
Specialist healthcare investor MedicX Fund has reported a stable adjusted net asset value per share of 63.1p.
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OnlineSchroder buys Portsmouth retail block
Schroder Real Estate Investment Trust has completed a deal to acquire a retail block in Portsmouth, facing onto Centros’ proposed Northern Quarter development.
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OnlineCluttons plans 2014 rebrand and reorganisation
Property agency Cluttons is preparing to rebrand next year, reorganising its teams into five divisions.
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OnlineCanary Wharf Group unveils plans for 22.8 acre New Wood Wharf scheme
Canary Wharf Group has unveiled its plans and submitted a planning application for the 22.8 acre New Wood Wharf development, a mixed use scheme on Canary Wharf’s eastern edge.
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OnlinePickles unveils rescue measures for high streets
Eric Pickles has unveiled a package of measures to support the UK’s high streets, including changing parking rules.
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OnlineVita Ventures strengthens development team
Vita Ventures has strengthened its development team with the appointment of Andrew Parker as director of projects.
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OnlineFormer Jaeger boss joins Colliers' retail team
The former chief executive of UK luxury retailer Jaegar has joined Colliers International as a consultant.
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OnlineBirmingham Council to cut property management services
Birmingham Council is planning to stop the management of surplus property in a bid to save the authority more than £10m.
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OnlinePrimark and Carluccio's sign for Bracknell
The Bracknell Regeneration Partnership, a 50:50 joint venture between Legal General Property and Schroder Property, has agreed lettings to Carluccio’s and Primark at their Bracknell town centre development.
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OnlineJoint venture awarded 1.4m sq ft RAF Lyneham contract
A joint venture between Kier Group and Balfour Beatty has been awarded a £121m contract by the Ministry of Defence to develop a new 1.4m sq ft training college at RAF Lyneham.
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OnlineQueensberry and Telereal Trillium team up for £50m Edinburgh residential push
Queensberry and Telereal Trillium have joined forces to develop 81 contemporary new homes in one of Edinburgh’s most prestigious residential suburbs.
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OnlineMore London sold for £1.7bn
St Martins has exchanged contracts to buy More London for around £1.7bn from London Bridge Holdings.
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OnlineJohn Lewis signs for new West Midlands hub
John Lewis has signed a deal for a 50,000 sq ft customer delivery hub at a business park in Solihull.
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OnlineHines confirms 25,000 sq ft Cannon Place letting
Hines has confirmed the CBI is relocating from Almacantar’s Centre Point to its City of London office development, Cannon Place.
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OnlineGPE undertakes £54.5m off-market St James’s sale
Great Portland Estates has sold 20 St James’s Street for £54.5m, reflecting a net initial yield of 2.1% and a capital value of £982/sq ft.
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OnlineMore London sold for £1.7bn
St Martins has exchanged contracts to buy More London for around £1.7bn from London Bridge Holdings.
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OnlineOaktree and Hines team up for office acquisition
A subsidiary of Oaktree Capital Management and Hines have together acquired a £20m office campus in Bracknell.
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OnlineM&G snaps up Hermes supermarket
M G Real Estate has acquired a Sainsbury’s supermarket from Hermes Real Estate Investment Management for £77.94m.
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OnlineBurger King sets its sights on growth
Burger King has taken on five new stores as part of an aggressive growth strategy to open at 200 more locations in the next five years.
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OnlineL&G fund hits £1bn
Legal & General Property’s UK Property Unit Trust has reached over £1bn, with £250m net inflows in 2013.
