All Property Week articles in 6 October 2017 – Page 2
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Irish stamp duty rise 'may deter international investment'
The Irish government has announced a 4% rise in commercial property stamp duty in today’s Budget – prompting an angry response from sector leaders in Ireland.
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AEW UK buy Crewe shed
AEW UK Core Property Fund has acquired a former tea factory in Crewe, Cheshire, for £10.4m.
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Berkeley calls for overhaul of further education
Upmarket housebuilder Berkeley Group has called for a radical overhaul of the way colleges and employers work together as it announces the winners of the Berkeley Group Apprentice Awards.
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Cycas Hospitality secures multi-million investment from Hua Kee
Cycas Hospitality, the European extended-stay hotels group, has secured a multi-million investment from Hua Kee, the Thai family office, and hotel owner and operator in Southeast Asia, Australia and Europe.
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The Priory opens up in Harley Street
Mental health provider The Priory is set to open a centre in London’s upmarket medical district Harley Street.
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Urban Building makes new HQ for McAfee in Slough
Computer security company McAfee has signed a 10-year lease for 19,500 sq ft on the sixth and seventh floors of the Urban Building in Slough.
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Valor launches European industrial fund
Valor Real Estate Partners has launched Valor Industrial Partners 1 (VIP1), a long term investment fund in partnership with American International Group (AIG).
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M7 Multi-Let seeks £300m float
M7 Multi-Let REIT is seeking to raise £300m for a float on the London Stock Exchange.
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Millennium & Copthorne rockets on buyout offer
Millennium Copthorne Hotels (M C) shares surged 24% on Monday after its Singapore-based parent company proposed a full cash buyout of the London-listed subsidiary.
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Knight Frank reports dip in profits despite turnover growth
Knight Frank has reported a 4.5% fall in full-year profit before tax despite growing its turnover.
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Allianz gets Vertigo with €178m office complex deal
Allianz has acquired the Vertigo Real Estate Complex located in the Cloche d’Or district in Luxembourg from Starwood Capital Group.
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Wembley student campus hits market for £100m
Cole Waterhouse and Topland Group are seeking £100m in forward funding for the First Way Campus, their 1.6 acre academic campus scheme in Wembley Park.
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Castleforge signs two deals at Glasgow’s Garment Factory
Castleforge Partners has let 16,727 sq ft of office space at The Garment Factory in Glasgow to architecture practice Threesixty Architecture and digital services provider Incremental Group.
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Savills IM acquires prime Oxford freehold for Charities Fund
Savills Investment Management has acquired a newly-developed school boarding house located in Summertown, Oxford on behalf of its Charities Property Fund (CPF).
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PGIM secures record forward commitment in Vienna
PGIM Real Estate has secured a €500m (£443m) forward funding commitment on a three-property Vienna portfolio from three German and Swiss pension schemes in one of the biggest Austrian property deals this year.
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Swindon council appoints property advisors to devise investment strategy
Swindon Borough Council has appointed Hartnell Taylor Cook as its investment property advisor, following its decision to increase its exposure to commercial property.
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AXA IM acquires Washington metro office majority stake for $140m
AXA Investment Managers - Real Assets has completed the acquisition of a majority stake in a 367,000 sq ft office asset located in downtown Bethesda, Maryland from Rockpoint and MRP Realty for $139.8m (£106.5m)
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Baltic Creative CIC acquires Liverpool warehouse for flexible office scheme
Baltic Creative Community Interest Company (CIC) has acquired a Victorian warehouse in Liverpool’s Baltic Triangle, which it plans to convert into a 17,000 sq ft flexible office scheme aimed at digital businesses.
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Oxenwood Catalina acquires Nottinghamshire logistics assets
Oxenwood Catalina has acquired two prime logistics properties in Nottinghamshire for £23.7m, reflecting a net initial yield of 6.37%.
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BE Offices launches corporate division
Serviced office provider BE Offices has launched a new division aimed at large corporate occupiers, and has hired Jonathan Weinbrenn from The Instant Group to head it up.