All articles by Ben Cardew – Page 4
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Online
Hermes and Westfield secure Guildford CPO
Hermes and Westfield’s plans for the extension of the Friary Shopping Centre in Guildford overcome a vital hurdle today when Guildford Borough Council made the compulsory purchase order (CPO) to secure the properties required to complete the development.
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Online
City green light for British Land and LandSecs
British Land and Land Securities have been given the go-ahead for large-scale office developments in the City.
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Online
Halladale launches £30m fund for private investors
Halladale, the AIM listed trader and developer, has set up its first £30m property fund aimed at the private investor market.
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Online
Morrison sells 114 Safeway stores
Wm Morrison has sold 114 Safeway Compact Stores and its Welwyn distribution centre, it was announced this morning.
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Online
Grainger buys £10.2m portfolio
Grainger Trust, the UK’s largest quoted residential investor, has bought a £10.2m Life Tenancy portfolio from life insurance company NPI, it was announced today.
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Online
Sheffield set to approve regeneration task force
Sheffield City Council is expected to approve the creation of a task force to spearhead regeneration in the Upper Don Valley at a council cabinet meeting next Wednesday.
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Markets
Jam tomorrow?
The ODPM has called in a plan for an out-of-town car dealership amid fears that such schemes will increase traffic congestion
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Markets
Driven to destruction?
Falling profits are putting the squeeze on car retailers, but new planning guidelines could provide a way out
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Markets
A break from tradition
Northern Ireland’s motorists have no motorway service stations to stop at, but a series of developments may be about to change things
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Markets
Accelerating into Europe
UK car retailers are eyeing continental Europe in a bid to expand out of the mature domestic market.
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Online
ODPM to reform rates appeals
The Office of the Deputy Prime Minister (ODPM) today announced proposals to streamline the business rates appeals process.
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Online
Morrisons to sell 58 Safeway stores
Morrisons is to sell 58 stores by the end of the year, it was announced this morning.
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Online
British Land completes £174m pub purchase
British Land has bought 65 public houses from Spirit Group in a £174m sale-and-leaseback deal, it was announced today. The purchase price reflects an initial yield of around 6.1%.
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Online
Erinaceous gains shareholder approval for Hercules takeover
Erinaceous’s £63m cash-and-share takeover of Hercules Property Services is to go ahead, following the news this morning that it had gained the backing of Hercules’ shareholders.
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Online
British Land sells Swiss Centre for redevelopment
British Land has sold Leicester Square landmark the Swiss Centre to Northern Ireland development and construction group McAleer & Rushe for £47m.
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Online
Sainsbury's stores to close after business review
Sainsbury’s is to close 13 stores as part of new chief executive Justin King’s comprehensive business review, it was announced today.
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Online
Leeds United sells site for £125m casino
Stanley Leisure today announced plans for a £125m casino complex next to Leeds United Football Club’s Elland Road ground.
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Insight
Freehold buyers find a small problem when they think big
Despite favourable market conditions, owner-occupiers are struggling to find modest-sized freehold units.
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Insight
All part of the service
Serviced office operators are realising that in a competitive market they need to offer more, for less, to attract tenants.
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News
Occupiers fight back against upward-only rent reviews
Federation of Small Businesses and British Retail Consortium lobby government for a ban in the face of property industry support for upward-only reviews.