All Property Week articles in 9 February 2018
View all stories from this issue.
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Online
CapCo shares jump on Empress State sale news
Shares in Capital Counties (CapCo) leapt by more than 3% on Thursday after Property Week revealed the group was in talks sell the Empress State Building, which sits at the heart of its controversial Earls Court scheme, to the mayor of London’s office for around £240m.
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Birmingham City Council fires starting gun on St Joseph's Snow Hill Wharf development
St Joseph has been given the green light from Birmingham City Council to develop a luxury waterside apartment complex in the city’s historic Gun Quarter.
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LaSalle & Quantum put £300m Savile Row office on the market
Plaza Global Real Estate Partners, the joint venture between LaSalle IM and Quantum Global Real Estate, have put 23 Savile Row up for sale for a price believed to be in the region of £300m.
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Knight Frank bolsters resi development team with six new hires
Knight Frank has expanded its regional residential development business with six new hires across its new homes, land and planning remits.
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Lendlease & Evans get green light for York’s first BTR scheme
Lendlease and Evans Property Group have been granted planning permission to begin work on the first-ever build-to-rent development in York.
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Strawberry Star joins International Stock Exchange & secures £260m mixed-use scheme
London residential developer Strawberry Star has secured a listing on the International Stock Exchange with plans to raise £180m in equity, after exchanging contracts on the acquisition of a £260m mixed-use scheme in Luton.
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Spaces takes space at Scarborough & Metro's Acero
Scarborough International Properties and Metro Holdings of Singapore have signed Spaces as the second tenant at their Acero building in Sheffield, which will be the serviced office provider’s first site in Yorkshire.
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White City Place welcomes restaurant duo for London debuts
Two restaurants have signed deals with developers Stanhope and landowners AIMCo and Mitsui Fudosan to make their London debuts in White City Place.
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Boxpark Wembley gets green light
The London Borough of Brent has granted planning approval for a Boxpark food and leisure venue to be developed within Quintain’s Wembley Park scheme.
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NewRiver REIT makes double retail park acquisition
NewRiver has completed the acquisition of two retail parks in Dewsbury and Cardiff for a combined £26.5m.
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Galliford shares collapse after Carillion pressures
Shares in Galliford Try plunged 20% yesterday after the housebuilder outlined the need to raise £150m to cover a balance sheet deficit following the collapse of Carillion in interim results.
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PHP produces healthy growth with 10.5% NAV increase
Primary Health Properties has reported strong full-year results with a 10.5% rise in net asset value per share, and a 15.7% increase in earnings for the period to 31 December.
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UK commercial property values close to 'danger territory'
Values in the UK commercial property market are moving closer to “danger territory”, according to a new metric launched by the Property Industry Alliance.
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Gray becomes new president & COO of Blackstone
Blackstone has promoted Jon Gray from global head of real estate to president and chief operating officer, taking over from Tony James.
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St George submits plans for huge Northfields scheme
Berkeley Group subsidiary St George has submitted a planning application for almost 3,000 homes on the site of the former Northfields Industrial Estate in Alperton, North West London.
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EMEA chief Samworth one of three inaugural group presidents for CBRE
CBRE EMEA chief executive Martin Samworth is one of three members of the senior team appointed to the newly established role of group president.
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Max Mara owners acquire Bond Street flagship for £141m
Unity Re, the investment vehicle of the Maramotti family who also own Italian fashion label Max Mara, has acquired a flagship retail store at 24 Old Bond Street for £141m.
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Persimmon chief exec to give part of £132m bonus to charity
Persimmon chief executive Jeff Fairburn has announced he will give away part of his £132m bonus after setting up a private charity “to benefit wider society over a sustained period of time”.
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Audley Group acquires former npower HQ for next village
Audley Group has acquired the former headquarters of npower in Scarcroft, West Yorkshire, with plans to use the site for its 18 th luxury retirement village site.