All Property Week articles in 7 June 2013 – Page 2
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Housebuilder buys British Newspaper Library
Fairview New Homes has bought the 5.5 acre British Newspaper Library in Colindale, north London, for around £14m to create around 400 new homes.
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DWF to take 25,000 sq ft Birmingham office
Law firm DWF is understood to be under offer on around 25,000 sq ft of office space in Birmingham’s One Snowhill.
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Fidelity buys Essex sheds
A property fund managed by one of the biggest fund managers in the world has bought two sheds in Essex for £6.5m.
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Peel signs gaming company at MediaCityUK
International Game Technology has taken 12,600 sq ft of office space at The Peel Group’s Quay West at MediaCityUK.
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Use pension funds for housing investment says Livingstone
Former mayor of London Ken Livingstone has told a Lords committee that the government should use pension funds from Transport for London and City Hall to pay for housing in the East End.
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Dip for Dolphin's NAV
Global real estate investor Dolphin Capital Partners’ net asset value per share has fallen by 0.7%, to 80p, since 31 December 2012.
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Blackstone buys major distribution hub
Private equity giant Blackstone has bought a major distribution hub at the Daventry International Rail Freight Terminal in Northamptonshire, as it continues to grow its European logistics platform.
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Swarovski’s Cadenza to open in Bluewater
Swarovski Group’s multi-brand jewellery store, Cadenza, has agreed to open its first store outside of London at Lend Lease’s Bluewater shopping centre.
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Deputy prime minister launches local growth committee
The deputy prime minister will announce the formation of a new cabinet committee to encourage local growth today.
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Infographics: The Best of British
There may not be much to buy in London, but there are plenty of gems for overseas investors across Britain.
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Telford plans £50m spree after £20m share placing
Telford Homes is set to raise £20m through a share placing, aimed at significantly increasing its output in the London housing market.
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Reshuffle at CBRE Global Investors’ UK division
CBRE Global Investors, the real estate investment firm, has announced the appointment of Jean Lamothe as head of value add investments for the EMEA region, alongside a new UK chief.
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Alarm over huge London housing supply shortfall
Demand for housing in London will outstrip supply by 48% over the coming decade, according to research published by Knight Frank.
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JP Morgan and Bank of China in £310m British Land debt deal
British Land has today confirmed that a new five year revolving credit facility has closed at £310m, and that its lenders include Bank of China and JP Morgan.
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Knight Frank sounds alarm over massive London housing supply shortfall
Demand for housing in London will outstrip supply by 48% over the coming decade, according to research published by Knight Frank.
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Manchester music college signs 8,600 sq ft lease
Music college BIMM Manchester has signed for 8,600 sq ft of space across three floors in Great Marlborough Street.
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BPF president heralds improving UK market
The president of the British Property Federation will tell industry representatives later today that there are signs of improvement across the UK thanks to several months of stabilisation and marginal economic growth.
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Fund manager consolidation expected
Real estate fund managers will have to consolidate to grow their balance sheets as property funds remain out of favour with investors, a leading fund manager said today.
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PWTV: TMT companies hit 'growing pains' in search for space
TMT companies are hitting “growing pains” as they expand out of co-working spaces but still only need 1,000 to 2,500 sq ft requirements.
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Pay rises announced for Land Securities' leading figures
There were modest pay rises this year for leading figures at Land Securities, as executive directors saw their basic salaries increase by less than the majority of employees at the company.