All Property Week articles in 9 April 2021 – Page 3
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Shoreditch hotel-led scheme gets greenlight
A hotel development on the former Dinerama site in Shoreditch, east London has been given the all-clear by planners.
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Watkin Jones sells Leicester student scheme to DFI
Watkin Jones has sold a 462-bed PBSA asset in Leicester to Deutsche Finance International (DFI) for £35.6m, Property Week can reveal.
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Partners Group sells US industrial portfolio for £730m
Partners Group has sold a portfolio of 88 industrial properties on behalf of clients with a combined leasable area of 8.6m sq ft for more than $1bn (£730m).
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Goldman Sachs eyes Birmingham for regional hub
US banking giant Goldman Sachs is planning to open an office in Birmingham – its first office outside of London.
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Time Equities and Greenridge snaps up Bolton Shopping Park
Time Equities and Greenridge Investment Management have acquired Bolton Shopping Park from M G Real Estate for £15.2m.
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Clearbell secures lease regearing at Solihull’s Blenheim Court
Clearbell has secured a lease regearing at Blenheim Court in Solihull in the West Midlands.
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Staples vacates and sublets Northamptonshire distribution centre
Staples has vacated its 528,000 sq ft distribution centre in Northamptonshire and sublet the building to Wincanton.
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Barings secures £250m finance for UK portfolio
Barings has secured £250m real estate debt from Phoenix Group to expand its UK portfolio.
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Foxley Group acquires former office site in St Albans
Foxley Group has acquired two grade-II listed former office buildings in St Albans with £7.8m in funding from Paragon.
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Louise Wyman to leave Manchester City Council
Manchester City Council’s director of growth and development, Louise Wyman, has resigned less than a year after taking up the role.
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Warehouse space under offer reaches record high in Q1 2021
A record level of warehouse space was under offer at the end of Q1 2021, totalling 16m sq ft across 55 units, according to data from CBRE.
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GCW retained by Wasabi ahead of expansion drive
Japanese restaurant chain Wasabi has retained GCW for all agency matters including lease consultancy, portfolio strategy and exploring expansion opportunities , Property Week can reveal.
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Countryside gets green light for north-west London scheme
Countryside has received planning approval from the London Borough of Brent for all four phases of Peel in Kilburn, north-west London.
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Boohoo buys Soho block for £72m
Online fashion retailer Boohoo has bought 10 Great Pulteney Street in Soho for £72m for its London offices.
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Angel recording studios to become new music academy
The iconic Angel Recording Studios in Islington has been let to Abbey Road Institute, which will turn the building into a music school academy.
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Public view of retirement housing ‘causing perfect storm’ for the sector
The disparity between the public view of retirement living and the actual offering is causing a “perfect storm” for the sector, new research has revealed.
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Sale-and-leaseback surge pushes corporate real estate sales to record high
Corporate real estate sales hit a record high last year as a growing number of firms considered sale-and-leaseback deals in the wake of the pandemic.
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Next takes 50,000 sq ft at ASI’s Parkway Shopping
Next is to open a new 50,000 sq ft store in Aberdeen Standard Investments’ Parkway in Newbury.
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Derwent posts rise in rent collections
Derwent London has collected 87% of March quarter day rents, with a further 5% expected later in the quarter.
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Countryside appoints former plumbing boss as chairman
Countryside Properties has appointed John Martin to become the group’s non-executive chairman.