All Property Week articles in 8 May 2015 – Page 2
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Shopping centres see increase in retailers trading as multiples
The number of shops in UK shopping centres trading as multiples has increased by 1.3% in the past year, fuelled by the growth of international retailers.
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BAM results point to positive future
Development firm BAM Construct UK has reported a £4.3m fall in profits and a £33m fall in turnover in its results for 2014.
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Tritax to forward fund Wigan scheme
Tritax Big Box REIT has exchanged and completed contracts to forward fund a new distribution facility in the North West for £28.66m.
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CBRE makes six retail hires
CBRE Retail has hired six new directors across its development, lease consultancy, agency and capital markets teams.
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London serviced office market grows by two thirds in 10 years
Deloitte Real Estate report shows that serviced offices now make up 5m sq ft across central London
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Hansteen sells industrial fund for £192m
Hansteen Holdings, the UK and Continental European property investment company, has sold the Hansteen UK Industrial Property Unit Trust II (HPUT2) for £192.1m.
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Barratt forecasts bumper sales ahead
Housebuilder Barratt Developments has revealed a strong start to the year in its latest trading update, predicting 2015 will reach a record order book of around £2.5bn.
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Galliford Try reveals positive start to 2015
Galliford Try, the housebuilding and construction group, has issued its latest trading update, revealing £982m of sales across the group.
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GM Real Estate walks away from Colliers takeover offer
Colliers International’s attempts to buy GM Real Estate have collapsed, Property Week can reveal.
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Minerva sells Walbrook to Cathay Life for £575m
Minerva has confirmed the sale of The Walbrook Building in the City of London to Taiwan-based insurer Cathay Life for a headline price of £575m.
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Investors welcome property overhaul at Enterprise Inns
Enterprise Inns shares leapt 2.7% to 136p on Tuesday after the pub company announced a major overhaul of its property strategy.
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Allsop launches first online-only new-build auction
West Drayton Waterside Property consultancy Allsop has launched the country’s first-ever online-only auction for new-build homes. Allsop said the method allows for more transparency, as investors across the world will be able to watch the whole bidding process live via an online portal. They also said that able to see ...
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AXA launches new fund to mimic direct property returns
AXA Investment Management has launched a new fund designed to mimic the return profile of direct property by investing in global listed equity and debt instruments.
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Enterprise Inns to sell 1,000 pubs in property strategy overhaul
Enterprise Inns has announced an overhaul of its £3.85bn property portfolio that will see it sell about 1,000 pubs, build a commercial property portfolio and increase the number of managed pubs in the estate.
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F&C REIT appoints Kelly to open French office
F C REIT Asset Management has appointed Ian Kelley from CBRE Global Investors to launch a push into continental Europe.
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Seven restaurants announced for Nova
Land Securities and Canada Pension Plan Investment Board have announced seven of the new restaurants which are to open in its Nova development in Victoria next year.
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South East office vacancy rates at lowest since 2001
Vacancy rates across the South East office market are at their lowest level since 2001, driving rental growth to hit record highs in towns across the region - Knight Frank reported at their annual M25 breakfast presentation this morning.
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Savills boosts City investment team
Savills has expanded its City investment team with the appointment of two new associates, Nick Wells and Stephen Hartley.
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Adelphi ticks box for accountancy tenant
The Association of Chartered Certified Accountants is relocating its London headquarters to Blackstone’s Adelphi building on the Strand.
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Shell Centre challenge set for Court of Appeal hearing
The legal challenge to the controversial £1.2bn redevelopment of the Shell Centre on London’s South Bank could be heard by the Court of Appeal as early as next week.