All Property Week articles in 7 November 2014
View all stories from this issue.
-
OnlineProperty Alliance Group and Development Securities secure planning permission for Manchester residential tower
A joint venture between Property Alliance Group and Development Securities has won planning permission for its Axis Tower development in Manchester city centre.
-
OnlineToyota distribution warehouse at Magna Park sold for £17m
The Chubb Common Investment Fund (CCIF) has completed the sale of the Toyota distribution warehouse at Magna Park, Leicestershire, to Aviva Investors for £17.45m, representing a net initial yield of 5.39%.
-
OnlineScottish Property Federation warns on tax impact
The Scottish Property Federation has warned that increasing the commercial property higher rate of land and buildings transaction tax to 4.5% could hit investment into the market.
-
OnlineNorthacre wins consent for Palace Street plan
Northacre has been granted planning permission for its redevelopment of 1 Palace Street in London.
-
OnlineAprirose markets 592-bed Liverpool student block
Aprirose Real Estate Investment has bought the Europa student accommodation block in Liverpool to the market for a guide price of £36.35m.
-
OnlineNew Covent Garden Market set for planning consent
Vinci St Modwen, the 50/50 joint venture between St Modwen Properties and Vinci, has received resolution to grant planning permission to deliver the redevelopment of the New Covent Garden Market site in Nine Elms, London.
-
OnlineCapital & Regional confirms sale of Lincoln centre to Tesco
Capital Regional (C R), the community shopping centre owner, has confirmed Tesco’s first foray into shopping centre ownership with the sale of the Waterside in Lincoln to the supermarket giant’s pension fund for £46m, as tipped by Property Week last month.
-
OnlineTritax buys retailer’s UK distribution centre
Tritax Big Box REIT has exchanged contracts on retailer The Range’s UK national distribution centre at Nimbus Park, Thorne, Doncaster for £48.5m, a net initial yield of 6.1%.
-
OnlineBuyer lines up for Project Titan
US hedge fund Varde Partners has signed contracts to buy the mammoth Project Titan portfolio for around £252m, beating off competition from three US rivals.
-
OnlineGPE beats city forecasts with 11.8% rise in NAV
Great Portland Estates (GPE) is set to invest £500m into its development pipeline and continue selling assets over the next year, the group has revealed.
-
OnlineMount Anvil confirms £92.5m Vauxhall buy
Residential developer Mount Anvil and A2Dominion have completed the purchase of Keybridge House in Vauxhall to create the UK’s tallest residential brick tower.
-
OnlineHermes and Lionstone pair up for US push
Hermes Real Estate has joined forces with US-based Lionstone Investments to launch a new real estate investment program, backed with an initial $250m of equity.
-
OnlineHowick Place hits market at £205m
Doughty Hanson and Urban Civic have confirmed that Howick Place, the pair’s office building in Victoria, is to be sold for around £205m.
-
OnlineIVG hoists for-sale sign over £100m Victoria office
IVG has put an office block near to Victoria station up for sale for more than £100m.
-
OnlineCBRE recruits launch apprentice network
Two CBRE apprentices have created a network in order to promote knowledge sharing among those training in the property industry.
-
OnlineAberdeen lines up City office sale
Aberdeen Asset Management is lining up a sale of 75 King William Street in the City with an asking price of around £90m.
-
OnlineAlchemi hotel-to-resi conversion approved
Alchemi Group has been granted planning permission for the £20m conversion of a Notting Hill hotel for residential use.
-
OnlineIVG to sell £51m Hammersmith office
IVG has put office block Elms House in Hammersmith, west London, up for sale for £51.3m, at a yield of 5.25%.
-
OnlineBlow dry bar finds first London site
American blow dry bar Blo is set to open its first site in the UK in Covent Garden.
-
OnlineLodha wins Grosvenor Square consent
Indian residential developer Lodha Group has won consent to convert the former Canadian Embassy on Grosvenor Square into luxury flats.
