All Property Week articles in 9 September 2016 – Page 4
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Online
RESI: Housing associations ‘big businesses with big balance sheets’, says HFI chief
Housing associations have become big businesses, and there is a debate to be had about whether they are efficient enough, according to Housing and Finance Institute chief executive Natalie Elphicke.
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Online
Kurt Zdesar to open Fucina restaurant on Chiltern Street
Restaurateur Kurt Zdesar has signed a deal with landlords Frogmore, Galliard Homes and CJ O’Shea on a 4,000 sq ft unit on London’s Chiltern Street.
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Online
Dorrington seals deal on Gough Square office purchase
Dorrington has bought a 28,500 sq ft multi-let office building in London’s Midtown from Threadneedle for £24.5m, reflecting a net initial yield of 4.55%.
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Online
Green REIT shares leap after strong results
Green REIT’s shares leapt 3.5% on Monday despite weakness across European stock markets.
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Online
Merger sees Cornerstone adopt Barings brand
Cornerstone Real Estate Advisers is to be known as Barings after a merger orchestrated by US insurance firm MassMutual.
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Online
Winnersh Triangle attracts Becton Dickinson for UK HQ
Patrizia UK has secured a 44,000 sq ft letting to medical technology company Becton Dickinson at Winnersh Triangle business park near Reading.
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Online
International Group puts Stoke Park on the market
Buckinghamshire hotel and golf resort Stoke Park is to be sold for up to £90m after owner International Group appointed CBRE to advise on a sale.
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Online
CPPIB reveals management reshuffle
Canada Pension Plan Investment Board has announced a restructuring and series of personnel changes at the senior management level.
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Online
BCSC reveals new name is ‘Revo’ ahead of conference
BCSC (the British Council of Shopping Centres) has announced that its new name is Revo.
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Online
Australian coffee chain bb’s announces ‘aggressive’ UK expansion
Australian coffee chain bb’s has appointed agents for an aggressive UK expansion strategy.
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Online
Mitcham trade park bought by DTZ Investors for £10.75m
DTZ Investors has bought Puma Trade Park in Mitcham from Standard Life Investments for £10.75m, reflecting a net initial yield of 4.9%.
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Online
Affinity Global sees lettings spree at The Spectrum
A string of lettings totalling 16,500 sq ft at The Spectrum in Bristol has taken the Affinity Global-owned office scheme to 70% occupancy.
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Online
Maya Capital appoints senior advisor
Rob Reiskin has been appointed senior advisor to the Maya Capital management team.
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Online
Headspace secures first regional space in Manchester
Flexible work and event space provider Headspace Group has secured its third site, and its first outside of London, in Manchester.
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Online
Savills launches new TV ads
The UK estate agency division of Savills has launched two television adverts to help it reach a wider audience – as tipped by Property Week earlier this year.
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Online
Green REIT reports NAV leap
Brexit could have a “positive effect” on Irish property sector, Green REIT claimed this morning, as it reported rises in net asset value (NAV) and earnings in its annual results.
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Online
FTSE 100 has worst week since May
The FTSE 100 suffered its biggest weekly fall since early May last week.
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Online
MOD to sell off land for 17,000 new homes
Defence secretary Michael Fallon has announced plans to release a further 13 former MOD sites to build thousands of new homes.
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Markets
The Rest is history as former care facility set to undergo restoration
The Rest, a convalescent home in Porthcawl overlooking Rest Bay and out towards the Bristol Channel, is a favourite building for locals and, after years of uncertainty, its future has been secured.
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Insight
Proposed changes to business rates appeals unfair
The attempt by the government to effectively prohibit appeals on business rates revaluation is, quite simply, an assault on small business.