All Property Week articles in 6 December 2019 – Page 2
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The Great George Street Project gets green light
Liverpool City Council Planning Committee has given the green light to the Great George Street Project, a mixed-use development in central Liverpool.
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Aberdeen Standard poised to sell largest asset in troubled open-ended fund
Aberdeen Standard Investments has agreed a deal to sell the biggest asset in its troubled open-ended fund, Property Week can reveal.
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Scannell appoints new director
Scannell Properties has appointed Geoffrey Pizzanelli as its capital deployment director for Europe and the UK.
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Blackstone buys US industrial portfolio for $5.7bn
Colony Capital completed the sale of its Light Industrial logistics assets and its affiliated industrial operating platform to an affiliate of Blackstone for $5.7 billion (£4.3bn).
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Gerald Eve Corporate Finance launches with £385m transaction pipeline
Gerald Eve has formally launched its corporate finance division, Gerald Eve Corporate Finance, with a debt transactions pipeline of £385m.
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MRP secures £100m funding for Birmingham student accommodation development
MRP has announced a £100m funding deal with AIG Global Real Estate for its Onyx student accommodation scheme in Birmingham.
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The prospects for student accommodation in 2020
Last year, to coincide with Property Week ’s Student Accommodation Conference, we challenged developers and investors to question the status quo by looking to extend the lifecycle of their beds-for-rent portfolios – a theme that was picked up in the Future Living Report published by Investec earlier this year.
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Chilango expected to launch CVA
Mexican restaurant chain Chilango is poised to launch a company voluntary arrangement (CVA) to avoid going into administration.
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Kurt Geiger HQ on the block for £62m
The headquarters of footwear retailer Kurt Geiger in the City fringe is up for sale for £62m.
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JD Wetherspoon outlines plan to spend £200m on new pubs and hotels
Pub operator JD Wetherspoon is to spend more than £200m developing new pubs and hotels over the next four years, as well as expanding its existing sites in the UK and Ireland.
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M&G sells assets from its frozen property fund
M G has sold six Travelodge hotels from its M G Property Portfolio, the fund that suspended trading last week after almost £1bn of withdrawals in less than a year.
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M7 REIP acquires three UK retail warehouses
M7, the pan-European investor and asset manager, has acquired three UK retail warehouses for £18.4m.
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New World Capital Advisors acquires stake in Valesco
New World Capital Advisors has acquired a minority stake in the real estate investment and asset manager Valesco.
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Ted Baker loses CEO and chairman after third profit warning
Ted Baker’s chief executive and chairman have both resigned as the retailer issued a new profit warning as it wrestles with the “most challenging” period in its history.
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Former Crest Nicholson boss joins Keepmoat Homes
Keepmoat Homes has appointed Stephen Stone as non-executive chairman.
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Catella APAM hires former Aviva head to lead retail team
Investment and asset manager Catella APAM has appointed Aviva Investor’s former head of retail, Tony Christie as head of retail and asset management.
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Avison Young recruits former CBRE head for senior director role
Avison Young has hired Matt Davidson as senior director in the firm’s property management team.
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OnTheMarket converts 3,000 more paid contract agents
OnTheMarket has signed up more than 3,000 more agent offices under new paying contracts to list all their residential properties on the sales portal.
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Thor teams up with Morgan Stanley to hammer home UK logistics deal
Thor Equities has teamed up with Morgan Stanley to buy a portfolio of big box warehouses from SEGRO for £241m.
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Atrium shifts retail focus to enter PRS market in Central Europe
Atrium European Real Estate has completed a strategic review that will see it enter the PRS market alongside its retail focus in Central Europe.