All Property Week articles in 7 September 2018 – Page 3
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News
Segro's share price ends Friday with gains
Segro saw a 0.2% rise in its share price on Friday to 651.4p after usurping Landsec on Thursday to become the UK’s largest listed property company, ending two decades of dominance.
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Online
Debenhams shares plunge as fears of CVA grow
Shares in Debenhams have plunged more than 17% in early trading this morning after it emerged the department store chain has called in KPMG to advise it over options, which may include yet another corporate voluntary arrangement on the high street.
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Online
Barwood Capital moves into care home sector
Barwood Capital has entered to care home sector after agreeing a funding partnership with development specialist Duncan Ford.
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Online
Regional REIT sells in Cheshunt and secures first Aztec letting in Bristol
Regional REIT has sold the Turnford Place office site in Cheshunt for £17.25m, reflecting a net initial yield of 5.8%.
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Online
ReSI buys retirement home portfolio
Residential Secure Income (ReSI) has paid £40.2m for a 478-property retirement homes portfolio from Places for People, one of the UK’s leading housing associations.
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Online
Avignon passes €1bn AUM
Avignon Capital, the European property investment firm and asset manager, has reached €1.1bn (£980m) in AUM following the addition of assets to Platinum Property Management’s portfolio, a brand which Avignon launched in 2017.
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Online
Unite sells 14 properties for £180.5m
Unite Students has sold 14 properties, comprising 3,436 beds for £180.5m to Singapore Press Holdings.
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Online
Argos to open first-ever pop-up
Argos will open its first-ever pop-up store on New Oxford Street later this month.
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Online
Martin’s Properties launches Islington office
Investment and development company Martin’s Properties has appointed Colliers International to find tenants for a newly refurbished office building in Islington.
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News
Clipper Logistics signs lease at Alchemi
Legal General has let the entirety of the Alchemi warehouse in the East Midlands on behalf of its Industrial Property Investment Fund.
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Insight
The fast emergence of blockchain technology could kill off the traditional ballroom auction
Participating in a public ballroom auction is a unique experience. It is the only place where you can exchange a contract to buy a property without signing a document – because if a bid is accepted by the auctioneer, a verbal contract is instantly formed.
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News
York Capital puts Wilton Shopping Centre up for sale
Cork’s second-largest shopping centre has been put on the market by owner York Capital for offers in excess of €86m (£77m).
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News
Target strikes £17.1m of care home deals
Care home investor Target Healthcare has completed the purchase of a development site in West Yorkshire and exchanged contracts to buy a pre-let care home in mid-Wales.
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Online
Leslau’s Secure Income REIT trims dividend
Nick Leslau’s Secure Income REIT has reduced its payout to shareholders despite posting a 3.2% rise in its net asset value during the first half of the year.
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Online
SEGRO knocks Landsec off property top spot
Industrial property giant Segro has ended more than two decades of dominance by Landsec as the UK’s largest real estate company.
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News
Din Tai Fung chain signs for UK debut restaurant space
Taiwanese dim sum restaurant chain Din Tai Fung will make its UK debut in London’s Covent Garden later this year, with a 200-cover restaurant.
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Insight
BTR needs rocket fuel to make a real difference
Data from Savills and the British Property Federation on the growth of build-to-rent (BTR) sounds impressive.
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News
String of lettings secured at Lexicon Bracknell
Legal General and Schroder UK Real Estate Fund have secured 50,000 sq ft of retail lettings at The Lexicon scheme in Bracknell, Berkshire.
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Insight
Landlords lash out at Hilco and BPF over Homebase CVA
Process has been criticised for being unnecessary and could result in legal challenge by enraged landlords.
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Insight
Wimpy’s beefy comeback: Chris Woolfenden interview
Chris Woolfenden, general manager of the pioneering UK burger chain, shares his recipe for a mouthwatering turnaround.