All articles by Andrew Don – Page 9
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Joint venture buys St Dunstan's Hill leasehold
A joint venture between serviced office provider Office Space in Town and Forum Partners has completed the purchase of a new long leasehold on 20 St Dunstan’s Hill, in the City, for £21m from the City Corporation.
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Hibernia REIT plans to raise £236m in share issue
Hibernia REIT has disclosed its intention to raise about €300m (£236m) gross by issuing more than 285,000,000 new shares at €1.05 each.
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NAV boost for Empiric Student Property
Empiric Student Property, the REIT that invests in premium student accommodation, has revealed an uplift in net asset value following an independent valuation of assets acquired since listing at the end of June.
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Strong performance for Unite UK Student Accommodation Fund
The Unite Group has announced “a further robust performance” for the Unite UK Student Accommodation Fund in the third quarter and “enhancement” of the portfolio.
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Capital & Regional increases stake in The Mall Fund
Shopping centre owner Capital Regional has increased its holdings in The Mall Fund to 99.13%.
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IDI Gazeley buys partner's share of European warehousing
IDI Gazeley has bought out joint venture partner CalEast’s share of 1m sq ft of warehousing in Europe.
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Victory for Legal & General in Mansfield planning battle
Legal General Property has declared victory in its planning battle to refurbish Mansfield Leisure Park, in Nottinghamshire.
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Notting Hill Housing submits plans for Aylesbury Estate
Notting Hill Housing has submitted two planning applications for the regeneration of the Aylesbury Estate in Southwark, south east London.
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University of Leeds spends £62.3m on new student accommodation
The University of Leeds has completed the £62.3m purchase of the first two phases of Central Village, a student accommodation scheme.
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Berkeley poaches Quintain finance director
Quintain Estates and Development’s finance director Richard Stearn is jumping ship to take up the same role at housebuilder Berkeley Group.
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EXPO 2014: London closes the gap on New York in real estate investment market
London is closing the gap on New York as the world’s largest real estate investment market with a 40.5% jump in activity, according to Cushman Wakefield.
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Verdion buys 39-acre site next to Berlin Airport
Verdion has bought a strategic site in Berlin, Germany, for a 1m sq ft logistics scheme.
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Colney Fields Shopping Park given green light for extension
Ramheath Properties has won the go-ahead for a 90,000 sq ft extension to Colney Fields Shopping Park in St Albans, Hertfordshire.
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Boris Johnson launches Crystal Palace consultation
London Mayor Boris Johnson has launched a public consultation on plans to transform Crystal Palace Sports centre.
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M&G predicts 25-year return high
Returns on UK commercial property could achieve a 25-year record this year, new research from M G Real Estate indicates.
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Student housing sales to reach £2bn
The student housing investment market is heading towards a record year with JLL predicting that £2bn worth of assets will go under offer in the final quarter of this year – the same value achieved during the entirety of 2013.
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First European property tech ‘accelerator’ launched
Cushman Wakefield and Spire Ventures have joined forces to create Europe’s first property-focused accelerator company – Property Innovation Labs (Pi Labs).
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Cardiff University unveils £300m campus plans
Cardiff University has announced an investment of around £300m in four new buildings that will turn a disused former industrial site into “a cutting-edge” campus.
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Liberal Democrats 2014: Clegg promises 10 garden cities
The Liberal Democrats will promise today to ensure at least 10 garden cities are initiated if the party is returned to government.
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Pickles vows to protect green belt
The Department for Communities and Local Government has published new guidance today on preventing urban sprawl and protecting the green belt around towns and cities.