All Property Week articles in 8 May 2015 – Page 6
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News
Deutsche poised to complete deal for EY’s Manchester base
Deutsche Asset & Wealth Management is on the verge of completing the forward purchase of EY’s new Manchester office building for as much as £100m.
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News
Flat flipping frenzy on the banks of the Thames
More than 100 flats in Nine Elms worth £1m and above were listed for resale last month on property portal Zoopla before they have even been built, research by Property Week reveals.
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Insight
Zombie government would be bad for property
Foreign investors were net sellers of £8.2bn of gilts last month as political risk was priced in, but this has been offset by net buying by UK institutions adjusting to a low-yield environment and rotating out of fixed income and into equities and real estate.
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Insight
Bad news for savers maybe, but the negative bond yield could have some positive effects
One industry that might profit from the new phenomenon of negative bond yields is mattress makers: there should be a rush from savers looking for a new place to stash their cash.
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News
Proposals to speed up listing process gain industry backing
The British Property Federation (BPF) has welcomed plans put forward by heritage body Historic England to speed up the listing process.
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News
Tough penalties for foreigners under Australia's new regulations
Foreigners who break rules on buying Australian real estate will face up to three years in jail or fines of Aus$127,500 (£67,000) for individuals and Aus$637,500 for companies, under tough rules unveiled last weekend.
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News
Asset firm’s swift city sell-off
Aberdeen Asset Management has put a Manchester office block on the market less than two years before it becomes fully vacant.
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Professional
Industries appreciating the benefits of grouping in innovation districts
Fifteen years ago, it looked as though information technology would erase the costs of distance and usher in a future of ‘remote workers’, physically unconnected to offices or each other.
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Markets
New app shows that minutes may be more important than miles
For occupiers currently located in the middle of towns or city centres who are considering moving to out-of-town office space, the biggest challenge they face is convincing their employees that they will be no worse off as a result of the move.
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Insight
Tall buildings are the best answer to the housing crisis
The population of London has grown enormously since the turn of the century, and the repercussions for residents are clear.
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News
Planners throw out quarter of all residential applications
One in four residential planning applications in England were rejected last year, new research has found.
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News
JLL and Bilfinger squash all opponents
The RAC in London’s Pall Mall hosted the finals of the Newton Perkins’ Squash Tournament on 29 April, held in collaboration with Property Week.
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News
Air India to raise rescue millions via real estate sale
India’s oldest airline has launched a bid to raise Rs1,200 crore (£125m) from real estate asset sales to try and reverse its loss-making run.
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Insight
Why isn’t office shortfall on political agenda?
There has been much coverage of how the political parties plan to address London’s housing crisis, but little focus on another looming issue: the shortfall in offices in the capital.
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News
AEW revolving credit facility will give fund manager flexibility
AEW UK has secured the first revolving credit facility for its Core Property Fund.
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News
New accounting rules set to hit sale-and-leaseback deals
Controversial new accounting standards are threatening to stop retailers doing sale-and-leaseback deals and increase tenant demand for shorter leases.
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News
Bristol office on offer for £9.4m
A 37,000 sq ft office building in Bristol has hit the market for £9.4m.
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News
Hermes buys One Croydon for £36m
Hermes Investment Management has made a second purchase in Croydon, acquiring a landmark office block in a £36m deal.
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News
Supermarket rents fall for first time since 2002
Supermarket rental growth turned negative in the first quarter of this year for the first time since 2002, according to data from this week’s IPD UK Quarterly Index.