All Property Week articles in 7 December 2018
View all stories from this issue.
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News
Miller made L&G Capital managing director of investing
Legal General has moved group strategy director Paul Miller to a new role of managing director of principal investing at its L G Capital business.
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News
PLA introduces nine academics to organisation
The Property Litigation Association (PLA) has introduced academics into the organisation for the first time.
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House of Lords criticises government’s lack of clarity on modular construction
The government’s lack of clarity on its presumption in favour of modular construction was repeatedly criticised at a House of Lords debate yesterday evening about the Science and Technology Committee’s report, Off-site manufacture for construction: Building for change .
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Online
VTS CPO joins WiredScore board
Chief product officer of proptech giant VTS Brandon Weber has joined digital connectivity firm WiredScore’s board in a non-executive role.
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Online
GLP teams up with Everstone for $500m Indian logistics JV
Global Logistic Properties (GLP) has announced plans to invest $500m in the Indian logistics market as part of a new joint venture with investor Everstone.
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Online
Dram deal sees Chivas Brothers let entirety of LAMIT's Blythswood Sq
Scotch whisky giant Chivas Brothers has let the entirety of Local Authorities Mutual Investment Trust’s (LAMIT) office building at 2-4 Blythswood Square in Glasgow.
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Online
Reef to develop £50m Stevenage scheme with backing from Aviva
Stevenage Borough Council, mixed-use developer Reef Group and Aviva Investors have teamed up to deliver a £50m regeneration scheme in Stevenage.
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Online
Catella completes purchase of APAM stake
European property investment group Catella has completed its acquisition of 75% of the share capital of UK investment manager APAM.
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Online
Fora acquires 241 and 251 Southwark Bridge Road in Elephant & Castle
Shared workspace provider Fora has completed the purchase of 241 and 251 Southwark Bridge Road in Elephant Castle.
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Online
Time Out to launch London market at LCR's Waterloo development
LCR has secured a 32,500 sq ft pre-let for a new Time Out Market to anchor its £200m London Waterloo development.
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Online
Big Yellow makes £28m New Malden buy
Big Yellow has exchanged contracts to acquire the Wyvern Industrial Estate in New Malden, London for £28m.
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Online
Purplebricks posts strong UK performance but losses double
Online estate agent Purplebricks Group has more than doubled its losses to £25.6m in the six months to October, despite growing its profits significantly in the UK.
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Online
Oaknorth and ASK provide £50m loan for London development site
Oaknorth and ASK Partners have provided a combined facility of over £50m to fund Groveworld’s acquisition of a major mixed-use development site in King’s Cross.
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Online
Westmount veteran King joins Mayfair Capital to lead thematic growth fund
Swiss Life-owned UK investment manager Mayfair Capital has appointed Westmount co-founder Giles King as fund manager for its UK Thematic Growth Fund.
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Online
Korean investor buys Cannon Green for £120m
Ocubis has sold City of London building Cannon Green to Korean investor KiwoomAM for £120m.
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Online
New fund director and FD among appointments for PfP Capital
Alternative asset manager PfP Capital, part of the Places for People group, has announced a trio of senior appointments as it targets further fund growth.
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News
Nine brands let 29,500 sq ft more space at Bluewater
Nine brands have let 29,500 sq ft of new space at Landsec’s Bluewater scheme in the form of openings and upsizes. Six brands, including Levi, Happy Socks and Penhaligon’s have opened new units while JD Sports, Beaverbrooks and Chisholm Hunter have increased their floor space.
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Online
Superdry and Dixons Carphone shares slump amid store closures
Shares in retailers Superdry and Dixons Carphone have fallen by 30% and 14% respectively this morning after both reported huge year-on-year falls in their half year reports.
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Online
Google gives backing to AskPorter
Artificial Intelligence (AI)-driven property management platform AskPorter has received backing from Google in the first international investment for the tech giant’s Assistant Investments Program.
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News
Clearbell lets 123,000 sq ft warehouse in Doncaster
Clearbell has let the entire Aspect Warehouse in West Moor Park, Doncaster to MH Star on a 15-year lease.