All Property Week articles in 8 February 2019
View all stories from this issue.
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Information
Guide to Borrowing supplement March 2019
Challenges facing borrowers – Debt advisers in profile – Lender competition – Hedging strategies – Securing debt – CMBS issuance
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News
Oxbridge will need around 2.5 sq ft worth of new lab space
Cambridge and Oxford will need around 2.5m sq ft worth of new lab space to accommodate the next five years of growth, according to research from property consultancy Bidwells.
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Online
Cronk set to leave BNP PRE
One of BNP Paribas Real Estate’s most senior directors, Damian Cronk, is to leave the firm, Property Week can reveal.
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Online
Unibail-Rodamco-Westfield issues weaker than expected profit guidance
Unibail-Rodamco-Westfield has issued lower than expected profit guidance as its acquisition of Westfield fails to live up to expectations.
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Online
Patisserie Valerie saved by Irish private equity firm
Patisserie Valerie has been bought out of administration by Irish private equity firm Causeway Capital Partners.
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News
JLL appoints new lead director of Cardiff office
Property consultancy firm JLL has appointed Justin Millet as lead director of its Cardiff office. He replaces Chris Sutton who has left the company to pursue his own consultancy practice after 12 years.
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News
Court rules in favour of Tate viewing platform
The Neo Bankside development has lost its right to privacy case against the Tate Modern over the art gallery’s viewing platform.
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News
Patrizia completes £250m second close of seventh TransEuropean fund
European real estate investment partner Patrizia has completed the €250m (£219.6m) second close of its seventh TransEuropean fund.
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News
Viventi to invest £100m in UK BTR
US investor Viventi Capital Management plans to invest £100m in the UK build-to-rent market.
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Online
CBRE sees double digit growth in EMEA for 2018
CBRE has reported a 24% increase in its EMEA revenue for 2018 to $5.5bn (£4.3bn).
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Online
Tesco joins with Weston to develop 1,400 homes in northeast London
Tesco has joined forces with Weston Home to develop a mixed-use scheme on the site of one of the supermarket’s store in northeast London, which will include 1,400 homes.
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Online
LXi forward funds Starbucks and Costa drive-thrus
LXi REIT has agreed to provide forward funding for the pre-let development of a portfolio of 13 separate Starbucks and Costa drive-thru format coffee shops across the UK
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Online
Hibernia’s CIO quits as Irish group posts trading update
Hibernia REIT’s chief investment officer (CIO), Richard Ball, is to step down at the end of March.
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Online
Debenhams secures £40m lifeline
Beleaguered department store chain Debenhams has secured a cash injection of £40m that will give it more time to execute its turnaround plan.
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Online
Housebuilding giants among biggest market risers
Taylor Wimpey and Barratt Developments were among the top 20 performing companies on the FTSE 100 on Monday as both house builders rose 2.13% to 167.9p and 575.1p, respectively.
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Online
RBC warns on London office rents and impact of Brexit on REITs
Royal Bank of Canada (RBC) has issued a Brexit warning to the London office market, predicting rents will fall 16-18% in the next five years.
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News
Luscombe to become Cycas’ first chief executive
Former IHG heavyweight Matt Luscombe has been appointed as the chief executive of hotel management company Cycas Hospitality.
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News
Planning appeal decision times could be cut by five months, review finds
The Planning Inspectorate could cut the time it takes to decide a planning appeal from 47 to 26 weeks, according to an independent government report published today.
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News
HUB and Bridges collaborate with Women’s Pioneer Housing for £80m regeneration project in West London
Women’s Pioneer Housing (WPH) and HUB and Bridges Fund Management are set to redevelop a key site on Wood Lane, White City in a joint venture to deliver a new residential building and 80 new homes for WPH residents.
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News
Phillip Arnold: Human touch beats online sales in tricky situations
Nowadays, with the rise of the online model, you might be tempted to think that you just need to stick a property online to sell it. But as any property professional knows all too well, there are a number of situations for which the click of a mouse is not ...