All Property Week articles in 7 June 2019
View all stories from this issue.
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CBRE to revamp London HQ
CBRE has begun a major redevelopment and extension of its UK headquarters at Henrietta House, London.
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Co-working entrepreneur to launch Manchester co-living scheme
Colin Shenton, the founder of ‘pay-per-minute’ co-working company Ziferblat, is set to launch a co-living scheme in Manchester.
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The Green Group signs in Trafford
Logistics provider The Green Group has agreed to take a 62,000 sq ft, grade A warehouse facility at Trafford Park.
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L&G’s affordable arm secures first four schemes
Legal General’s new affordable housing arm, Legal General Affordable Homes, has secured its first four schemes comprising 278 units.
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Help to Buy homes sell for less than 1% premium, says NAO
Homebuyers that use Help to Buy pay less than 1% more for their homes than buyers that don’t use the scheme, according to a report by the National Audit Office (NAO).
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LXi REIT raises £200m for acquisitions
LXi REIT has raised around £200m – double the £100m target it set last month.
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Arcadia CVA approved
Arcadia Group’s seven company voluntary arrangements (CVAs) have been passed.
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Valesco and AIP acquire £106m Slovakian office tower
European asset manager Valesco and South Korean asset manager AIP have together acquired the 374,000 sq ft Twin City Tower in Bratislava for £106m (€120m) from HB Reavis.
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British Land reduces ‘energy intensity’ by 44%
British Land has reduced the “energy intensity” of its portfolio by 44% and its carbon intensity by 64% over the last decade.
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Burger King plans whopper UK expansion
Burger King UK has instructed retail and leisure agent Lunson Mitchenall to beef up its UK presence by identifying 30 new restaurants a year for the next three years.
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Hammerson sets out plans for huge Birmingham shopping centre site
Hammerson has set out its plans for the Martineau Galleries shopping centre site in Birmingham city centre, which has been earmarked for redevelopment for more than a decade.
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WeWork to open second Birmingham office in Louisa Ryland House
WeWork has signed for its second office in Birmingham two weeks after it announced its move to the city.
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Investar acquires 40,000 sq ft site for more than 200 homes
Investar Property Group has acquired a 40,000 sq ft site on Talbot Road in Trafford and intends to build more than 200 new homes on the site.
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Alpha acquires De Vere Beaumont Hotel’s £40m ground rent
Asset manager Alpha Real Capital has acquired the ground rent of the De Vere Beaumont Hotel in Old Windsor fro £40m on behalf of its ground rent investment fund vehicle Index Linked Income Fund.
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Lidl unveils £500m expansion plans for London
Lidl has said it will invest £500m in new stores, warehouses and offices in London over the next five years, including opening a store on Tottenham Court Road.
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Edinburgh is UK’s third largest student accommodation investment destination, study shows
Behind London and Birmingham, Edinburgh has seen the third largest amount of investment in purpose-built student accommodation in the UK in the last three years, according to a new report by Knight Frank.
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St Francis buys former Yorkshire power station for industrial development
St Francis Group has purchased the former Eggborough Power Station in Yorkshire and plans to build an industrial scheme.
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L&G lets 93,600 sq ft at Senator
Legal General has completed a 93,600 sq ft letting to financial services firm Quilter at its Senator office building in the City of London.
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Picton aims to raise around £15m
Picton is seeking launching a share placing to raise funds for acquisitions and to invest in its current portfolio.