All Property Week articles in 7 August 2015 – Page 2
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CBRE GI creates new role of global chief investment officer
CBRE Global Investors has appointed Ritson Ferguson in the newly created role of global chief investment officer.
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LSH Enterprise Award opens for entries
Lambert Smith Hampton has opened entries for its new Enterprise Award to seek out innovative ideas around devolution.
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Utility firm relocates to Patrizia’s Birchwood Park
Energetics has taken 13,693 sq ft at Patrizia’s Birchwood Park warehouse development in Warrington.
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Restaurant pair sign for debut Scotland sites
Restaurants Busaba Eathai and Drake Morgan have signed for space at the South St Andrew Square development in Edinburgh – both brands’ first ventures in Scotland.
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Sigma to raise £20m for PRS projects as pre-tax losses double
Sigma Capital has revealed a £20m fundraising to build its own private rented sector assets and posted its half year results.
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Capital & Regional reveals leap in profits for half year
Capital Regional, the in-town community shopping REIT, has reported a whopping 76% increase in operating profit in its half year results to 30 June 2015.
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CLS reveals positive first half of the year
CLS Holdings has reported it is in a good position to generate cash as it reported higher net assets, pretax profit and operating cash flow in the first half of 2015.
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Chinese devaluation hits equities
A shock devaluation of China’s currency caused the stock market to struggle on Tuesday.
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Prices on the rise at Barnard Marcus
The average sale price of properties at Barnard Marcus auctions was up more than £22,000 year-on-year in the first six months of 2015, according to the residential auction house’s latest results.
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New 240,000 sq ft Manchester office gets green light
Patrizia has been granted planning permission for a 240,000 sq ft office building in Manchester.
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Earls Court residents set to take legal action to scupper Capco plans
Residents of two West London council estates will serve a legal notice on Hammersmith and Fulham Council this afternoon demanding the transfer of their homes to a community landlord, Property Week can reveal.
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Momentum fund raises $150m to invest in Africa
The Momentum Africa Real Estate Fund has raised $150m (£96m) to invest in property in sub-Saharan Africa outside South Africa.
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Criterion finds replacement for failed contractor
Criterion Capital has appointed HOC to build its residential schemes in Croydon after the former contractors collapsed into administration.
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Quinata buys in St Albans for office-to-resi scheme
Residential developer Quinata Global has bought an office building in St Albans, Hertfordshire, for a £50m office-to-resi conversion.
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Savills appoints Deloitte director
Savills has expanded its industrial investment team with the appointment of a Deloitte Real Estate director.
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Ashby completes £102.4m Barts Square office buy
Ashby Capital has completed the forward purchase of a 211,000 sq ft office building on Helical Bar and Baupost’s Barts Square scheme in the City for £102.4m.
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GAM acquires Renshaw Bay arm
GAM, one of the world’s leading independent asset management groups, has agreed to buy the real estate finance business of Renshaw Bay, the London-based asset management firm.
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Tak Lee's lucky Shaftesbury bid falls flat
Sam Tak Lee has failed in his bid to acquire a substantial stake in Shaftesbury using the Chinese lucky number of 888.
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Colliers Capital secures brace of lettings in Richmond
Colliers Capital has secured two office lettings at Richmond town centre’s Ambassador House totalling 15,765 sq ft.
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Allied reaches for the sky in final plans for former ITV estate
Allied London has submitted plans to build three residential towers of 30, 40 and 50 storeys as part of the 4m sq ft St John’s Quarter scheme on the former ITV estate in Manchester City Centre.