All Property Week articles in 9 November 2018
View all stories from this issue.
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News
Croydon Council buys retail park for £53m
Croydon Council has acquired the Colonnades Retail and Leisure Park in the town for £53m.
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Online
Urban & Civic adds 2,800 homes at St Neots
Huntingdonshire District Council has approved regeneration specialist Urban Civic’s plans for a ‘sustainable urban extension’ of St Neots, to add 2,800 homes to the Cambridge suburb.
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Online
Brexit chaos causes housebuilder shares to crash
Shares in housebuilders fell dramatically this morning as Taylor Wimpey, Berkeley Group, Barratt Developments and Persimmon all saw loses of nearly 10% in morning trading as the UK was thrown into political turmoil over Brexit.
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Online
HMRC picks Nottingham's Unity Sq for final regional hub
HMRC has chosen Peveril Securities and Sladen Estates’ Unity Square development to house its East Midlands regional hub.
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Online
Crown Estate drinks in success of securing historic London gin store
The Crown Estate has signed a deal with the Sipsmith Gin Shop to establish the first new dedicated gin shop in London for 200 years at its Princes Arcade in St James’s.
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Online
Mapic 2018: CVAs, bricks to clicks and Brexit
On the ground at Mapic 2018 in Cannes, Colliers International’s Robert Hargreaves gives Property Week insights on what’s on the minds of this year’s delegates.
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Online
Urban Logistics REIT avoids fashion retail tenants
Urban Logisitics REIT has said it is rejecting fashion retail tenants in its warehouses citing recent troubles in the retail sector.
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Online
BJD unveils plans for Derby hospital site
BJD Investors and Developers have outlined plans for a residential led scheme having made a surprise acquisition of the eight-acre site of Derby’s former DRI hospital.
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Online
AEW deals in luxury with Christian Dior Couture Paris purchase
AEW has acquired a luxury store on 384 Saint Honoré Street in Paris on behalf of FONDIS, its fund focused on acquiring and managing retail assets across France, from a private seller.
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Online
NAV rises 4% for AEW UK REIT
Regional investor AEW UK REIT has reported a 4% rise in NAV in half year results for the period to 30 September.
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Online
Gerald Eve posts rises in profit and revenue
Gerald Eve has posted a 16% rise in profit off the back of a 4% rise in revenue in its latest figures filed at Companies House.
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Online
Grainger shares fall on rights issue
Shares in Grainger fell 4.5% on Wednesday to 275.8p after the company announced a discounted rights issue alongside plans to buy the share in GRIP REIT it didn’t already own from Dutch pension fund APG for £396m.
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Online
U+I to set up PPP committee following six month consultation
U+I is establishing an independent ‘community challenge committee’ to oversee its public-private partnership (PPP) projects and ensure best practice.
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News
Resolution Property plans relaunch of Ocean Terminal
Resolution Property plans to relaunch Ocean Terminal, a waterfront shopping centre in Leith, Scotland, as Porta in quarter three of 2019.
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News
Staywell snaps up Arch London hotel
AB Hotels Group has sold the Arch London hotel on Great Cumberland Place to Staywell Holdings, part of Prince Hotels.
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Online
Workspace delivers positive interim results
Workspace has reported positive half-year results showing solid growth in both values and rental income.
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Online
Grainger buys out GRIP REIT partner for £396m
Grainger has accelerated its growth in the private rented sector (PRS) by agreeing to buy the share in GRIP REIT it didn’t already own from Dutch pension fund APG for £396m.
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Online
Intu bid given second extension
Intu has given a consortium led by its deputy chairman John Whittaker a further extension to make a firm offer or walk away from a bid for the shopping center owner.
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Online
Retail woes hit British Land figures
British Land has posted a 2.9% fall in net asset value (NAV) for the first half of the year as the challenging retail market hit the property giant.
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Online
CBRE GIP makes debut Spanish hotel purchases with Pygmalion JV
CBRE Global Investment Partners and Pygmalion Capital Advisers have teamed up for a hotels-focused joint venture seeded with a nine hotel portfolio in Spain.