All Property Week articles in 9 December 2011 – Page 5
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OnlineLVMH boss to buy £300m Bond Street assets
LVMH boss Bernard Arnault is understood to be in talks to pay £300m for three New Bond Street properties owned by Irish investor David Daly.
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OnlineRock ousted from Glasgow scheme
Rock Asset Management has been ousted as asset manager of the City Park office property in Glasgow which it bought at the height of the property boom.
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OnlineGreece puts huge Athens development site up for sale
The body responsible for managing Greece’s privatisation programme has put up for sale the former international airport of Athens, which could be one of the largest urban regeneration projects in Europe.
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OnlineEdinburgh council to secure 45,000 sq ft letting
A stock broking company has placed 45,000 sq ft of space at the Edinburgh International Conference Centre extension under offer.
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OnlineGeneral Electric to sell 9.2% stake in London & Stamford
General Electric Pension Trust is selling its 9.2% stake in London Stamford.
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OnlineBlackstone's £500m sheds shopping spree
Blackstone continued its advance on the UK industrial market this week after agreeing to buy the £300m Triangle shed portfolio from London Stamford Property.
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OnlineArea and Delancey name new investors in £1bn Minerva takeover
Franklin Templeton Real Asset Advisors and Partners Group have emerged as being part of the consortium led by Area Property Partners and Delancey that took Minerva private in August.
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OnlineGE Capital launches Gateway vehicle to invest €1bn in European offices
GE Capital Real Estate is to embark on a €1bn European office property investment spree.
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OnlineInvestors take money out of pooled property funds
UK unlisted pooled property funds have suffered the largest quarterly outflow of money since the beginning of 2009.
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OnlineUK's largest restaurant Za Za Bazaar opens in Bristol ahead of rollout
The largest restaurant in the UK has opened its doors in Bristol ahead of a country-wide rollout.
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OnlineLone Star wins auction for £900m Lloyds portfolio
US private equity firm Lone Star has been picked as a preferred bidder to buy a £900m loan portfolio being sold by Lloyds Banking Group.
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OnlineL&G completes £56m Meadows Shopping Centre purchase
Legal General Property has bought The Meadows Shopping Centre in Chelmsford, Essex, for £56.1m, as tipped by Property Week (20/7/11).
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OnlineCSC submits plans for £180m Lakeside extension
Capital Shopping Centres has submitted plans for a £180m extension to its Lakeside shopping centre in Thurrock, that will increase the size of the mall by nearly a third.
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OnlineLXB secures resolution to grant planning at Metz Way in Gloucester
LXB Retail has obtained a resolution to grant planning permission for its Metz Way retail and mixed-use development in Gloucester.
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OnlineING REIM bosses join Knight Frank Investors
ING Real Estate Investment Management bosses Kevin Aitchison and Ian Whittock have been recruited to join Knight Frank Investors.
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OnlineKallakis case delayed by five weeks
One of the property industry’s biggest ever fraud trials, involving the property and shipping tycoon Achilleas Kallakis, is to be delayed by at least five weeks after thousands of pages of evidence were released by a Swiss court.
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OnlineTreasury confirms draft REIT legislation changes
The UK Treasury today confirmed changes to the UK REIT regime designed to encourage new entrants to the sector.
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OnlineGoodman refinances €1.6bn European logistics fund
Goodman Group has put in place a new €400m debt facility for its €1.6bn European logistics fund.
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OnlineCSC takes shopping centre leasing in house at The Chimes
Capital Shopping Centres has taken its shopping centre leasing in-house for the first time at centre The Chimes in Uxbridge.
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OnlineRealty Estates in "advanced stages" to find £35m Manchester scheme hotelier
Realty Estates is in the “advanced stages” of negotiations to lease a 270-bed hotel at its £35m Gateway House scheme in Manchester, TheBusinessDesk.com reported today.
