All Property Week articles in 7 June 2013 – Page 5
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OnlineHelical Bar agrees on £75m credit facility
Helical Bar has today announced that it has signed a new £75m revolving credit facility with Barclays.
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OnlineCluttons: Michael Ball Report - May 2013
One size does not fit all: diverse opportunities in London’s rental market.
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OnlineCluttons: West End office update - Spring 2013
Commitment continues to counter underlying caution.
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OnlineRECI reveals NAV uplift
Real Estate Credit Investments has today revealed a significant increase in its net asset value.
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OnlineWelsh government in £15m office buy
The Welsh government has bought a second development scheme in Cardiff for around £15m, as it seeks to stimulate the city’s struggling office market.
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OnlineFoxtons set for stock market floatation
Foxtons is heading for a floatation on the London stock exchange, after its private equity owners hired three investment banks to run a planned listing.
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OnlineBoris calls for developers to seize police site
Boris Johnson has today called for developers to come up with plans to develop a 22-hectare site in Hendon, London.
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OnlineSevern Trent to reconsider Derbyshire shed
Severn Trent is set to rekindle plans for a £375m sheds scheme in Derbyshire, in a new partnership with Goodman and Shepherd Group.
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Online
British Land agent shake-up
British Land has appointed CBRE, Cushman Wakefield and Jones Lang LaSalle’s shopping centre teams in a shake-up of its advisers across nine of its largest UK shopping parks.
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Insight
Retail right to rant on rates
Sir, Although I agree that the business rates revaluation delay was iniquitous yet will not be reversed, I disagree that the retail sector was wrong to focus on rates in its evidence before the Business, Innovation and Skills select committee (leader, 24.05.13).
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MarketsQ+A: Targetfollow’s new leader
Norwich-based developer Targetfollow appointed Corin Thoday as chief executive officer last month from Hermes Real Estate, where he was a director.
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NewsRepublic landlords in limbo
Mike Ashley’s Sports Direct has been unable to achieve its target of agreeing new leases on 75% of Republic stores, raising a question mark over the fashion chain’s future.
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NewsKKR and Quadrant move towards retail Resolution
US private equity firm KKR and asset manager Quadrant Estates have exchanged contracts to buy the Tuscany retail park portfolio for £112.5m — a yield of around 7.5% — in what will be KKR’s debut European direct property deal.
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NewsKennedy Wilson’s Värde tie-up
Kennedy Wilson Europe has teamed up with US hedge fund Värde Partners to buy the Castle Markets Holdings portfolio for €306m.
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MarketsOffices proposed on Norwich hospital site
Graham Dacre, the Norwich philanthropist who sold his automotive business in 2006 for more than £100m, could begin his first big property development, if Broadlands District Council grants him planning consent for a business park.
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NewsPilgrims progress with new plans for Home Park
Akkeron Regeneration has submitted plans for the £50m redevelopment of Plymouth Argyle’s football ground, Home Park.
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NewsHenderson to redevelop Manchester retail park
Henderson Global Investors has obtained detailed planning consent for a £40m, foodstore-led redevelopment of its Central Retail Park in Manchester.
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NewsGap lights up LandSecs’ Piccadilly
Gap has agreed to expand its store at Land Securities’ flagship Piccadilly Lights scheme in London’s West End (above), which will enable the REIT to push ahead with the redevelopment of the advertising screens.
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ProfessionalLocal groups set off on fourth free school run
Waiving of planning permission for a year opens door to 102 proposals.
