All Property Week articles in 7 November 2014 – Page 3
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Primary Health Properties expects to benefit from new NHS strategy
Primary Health Properties managing director Harry Hyman has pointed to the recent NHS England review to underline strong prospects for the group.
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Kennedy Wilson Europe confirms Telegraph HQ buy
Kennedy Wilson Europe Real Estate has confirmed the acquisition of the Telegraph HQ in Victoria for £204.3 million, as tipped by Property Week.
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Video: Land Secs reports stellar half-year results
Land Securities has reported better than expected NAV growth in its half-year results.
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Safra wraps up Gherkin
The Safra Group is buying 30 St Mary Axe, otherwise known as The Gherkin, in the City of London, it has been confirmed.
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Swedish watch brand clocks in at Seven Dials
Anglo-Swedish watch brand Larsson Jennings will open it debut UK store at Seven Dials, in the West End of London, later this month.
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Lumina unveils Slough office makeover plans
Lumina Real Estate Capital has announced plans to undertake an £18.5m project to refurbish Observatory House, in Windsor Road, Slough.
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Grainger to hit the regions with PRS deal
Grainger has struck a deal to create a large-scale private rented sector (PRS) portfolio across key English cities outside London.
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GPE sells New Fetter Lane office for £165.8m
Great Portland Estates has exchanged on the sale of its 151-year leasehold interest in 12/14 New Fetter Lane, in the City, to TIAA Henderson Real Estate for £165.8m, reflecting a yield of 4.5%.
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Hammerson outlines UK and France growth plans
Retail-focused REIT Hammerson has outlined its determination to accelerate growth both in the UK and in France.
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Workspace buys Fleet Street office
Workspace Group has bought 160 Fleet Street, in the City, from administrators acting for Irish bad bank NAMA for £29.7m, representing a net initial yield of 3.7% and a capital value of £549/sq ft.
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Four new lettings at Gatwick
SEGRO’s joint venture with Aviva Investors, the Airport Property Partnership, has agreed four new lettings totalling almost 40,000 sq ft at Gatwick International Distribution Centre.
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Housing group lines up £55m Covent Garden sale
Network Housing Group has put the freehold of Grosvenor House, in Drury Lane, Covent Garden, up for sale.
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LXB makes portfolio progress
LXB Retail Properties has continued to make good progress across its portfolio, the retail property group has announced in a development update.
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Capco secures £150m Covent Garden fund
Capital Counties Properties has announced that Capco Covent Garden, the holding company for its Covent Garden properties, has raised £150m of debt from five US institutional investors.
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Bovis anticipates sales boost
Bovis Homes Group expects to increase sales of new homes this year by almost a third to 3,650, the company has revealed in its interim management statement.
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Galliford Try reports sales pick-up
Housebuilding and construction group Galliford Try has reported a pick-up in its sales rate of new homes this autumn compared with the summer, but at a slower rate than last year.
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Rockspring buys 94,000 sq ft Manchester office
Rockspring Property Investment Managers has bought Peter House in Manchester for £23.7m, on behalf of its Rockspring UK Value 2 fund.
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LK Bennett lands new Shoreditch HQ
Fashion retailer LK Bennett has agreed a deal for a new UK head office in London’s Shoreditch.
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Cornerstone buys £35m St James’s office
Cornerstone Real Estate Advisers has bought 7-10 Waterloo Place in St. James’s for £35m.
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National Grid and Berkeley team up for 14,000-home plan
National Grid and residential developer The Berkeley Group have launched a new joint venture partnership to develop up to 14,000 homes across London and the South East.