All articles by Andrew Don – Page 5
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AXA buys in Belgium
AXA Real Estate Investment Managers has completed the acquisition of a Brussels office buildings portfolio through a sale-and-leaseback deal for €34.8m (£26.2m) on behalf of AXA Belgium.
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Omni Capital backs Croydon residential scheme
Christian Candy’s specialist real estate finance firm Omni Capital has backed a new residential scheme in Croydon.
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Battersea residential scheme wins consent
Thee redevelopment of Ransomes Wharf in Battersea, south west London, into a residential-led scheme has been granted planning permission.
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Land Secs confirms 127,000 sq ft lettings
Land Securities has confirmed 127,000 sq ft of retail and leisure lettings across its shopping centre portfolio and retail development pipeline at the MAPIC property conference in Cannes, France.
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Toscafund makes Avanta bid
Toscafund Asset Management has mounted a cash bid for Avanta Serviced Office Group, which values the company at £36m.
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BPF backs call for retirement housing allocations
The British Property Federation (BPF) has thrown its lot in with MPs calling for special consideration to be given to older people’s housing in councils’ local plans.
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De Vere sells golf resorts for £160m
De Vere Group has confirmed the sale of six UK golf resorts for around £160m to financial institutions Sankaty Advisors and Canyon Capital Advisors.
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Fullers expands pipeline of new pubs
Fuller, Smith Turner, the £288m turnover brewery and hospitality company, is continuing to roll out new pubs and restaurants with a strong pipeline disclosed in its interim results.
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Dev Secs forward funds £41m Edgware Road superstore
Development Securities has signed a £41m deal with Aberdeen Asset Management clients to forward-fund the development of an 81,000 sq ft Morrisons superstore in Edgware Road, in west London.
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Schroder posts sevenfold profit hike
Schroder Real Estate Investment Trust has proposed a £25m placing to help fuel further growth, after recording pre-tax profit of £36m.
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Mill unveils plans for resi REIT using crowdfunding
Mill Group has announced plans to launch a residential REIT that will allow investors to put money in using crowdfunding.
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CBRE hires from JLL for South East team
CBRE has extended its national office team with the appointment of Marianne Thomas as a director specialising in the South East office market.
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Crest Nicholson wins £1bn Wyton Airfield appointment
The Defence Infrastructure Organisation (DIO) has appointed Crest Nicholson lead development manager at Wyton Airfield, Cambridgeshire, where a £1bn “garden village” will deliver 4,500 new homes, infrastructure and other facilities.
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Goodman and Anglesea Capital form strategic partnership
Goodman and Anglesea Capital have formed a strategic partnership which will initially deliver 930,000 sq ft of prime logistics space next year.
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Hermes and CPPIB form regional JV
Hermes Real Estate is selling 50% of the development phase of the mixed-use Wellington Place scheme, in Leeds, to Canada Pension Plan Investment Board (CPPIB).
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Restaurant Group plans expansion
The Restaurant Group, operator of more than 450 restaurants and pub restaurants, expects to open a further 16 sites before the end of this year, the company has disclosed.
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Picton wins new Croydon tenant
Picton has filled its largest void at the Citylink office building in East Croydon to education provider BPP following refurbishment.
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West End tops European retail locations
The West End of London is Europe’s top location in terms of retail spend, new research from retail specialist Harper Dennis Hobbs and the International Council of Shopping Centres has revealed.
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Safra wraps up Gherkin
The Safra Group is buying 30 St Mary Axe, otherwise known as The Gherkin, in the City of London, it has been confirmed.
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Swedish watch brand clocks in at Seven Dials
Anglo-Swedish watch brand Larsson Jennings will open it debut UK store at Seven Dials, in the West End of London, later this month.