All articles by Charles Williams – Page 3
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Takeover Panel sets deadline for Reichmann bid
The Takeover Panel today imposed a 13 February deadline on Paul Reichmann and Brascan to put up or shut up on Canary Wharf Group.
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Demand up for commercial property
Demand for commercial property has increased to its highest level since November 2001, according to new research from the Central Business Institute and GVA Grimley.
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Square Mile tower gets go-ahead
The Corporation of London has given Minerva’s £1bn, 50-storey office building in London’s Square Mile the go-ahead.
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Axa REIM launches £400m regeneration fund
Axa Real Estate Investment Managers today launched a new £400m UK regeneration fund in partnership with regeneration specialists David Taylor and Jack Jacobs and Bank of Scotland.
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Mentmore weighs up takeover bids
Storage specialist Mentmore today said it has received further approaches for the company since the first inklings of a takeover emerged in December.
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Noé throws in towel on Derwent bid
Leo Noé this morning said he would not be proceeding with an offer for West End office specialist Derwent Valley Holdings.
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Mapeley appoints Hopkins as new chief executive
Outsourcing specialist Mapeley today appointed its managing director Jamie Hopkins as its new chief executive.
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Lok'nStore rejects takeover bid
Self-storage company Lok’nStore today rejected a 115p-a-share takeover bid from an unidentified suitor.
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Government agrees to fund Thames Gateway bridge
The government today agreed to fund a new £450m bridge for east London, providing vital transport link for businesses and developers in the area.
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Hermes seals rare Thames Valley letting
Hermes has completed a rare Thames Valley letting to fill a 100,000 sq ft (9,290 sq m) Brentford office building.
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West End recovery under way
The West End office recovery is well under way, according to Jones Lang LaSalle, with slower progress noticeable in the City market.
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Great Portland recoups Midtown losses
Great Portland Estates has managed to recoup its losses on its main Midtown office building, after the main tenant defaulted on its £2.4m annual rent in June.
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LDA chief steps down
Michael Ward, chief executive of the London Development Agency since its inception in 2000, has stepped down.
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CSAM launches £250m fund
Credit Suisse Asset Management (CSAM) today announced the launch of a new £250m offshore UK commercial property fund.
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Noé given deadline for Derwent bid
Leo Noé has been given a January deadline to put in a firm offer for West End office specialist Derwent Valley Holdings.
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PFM issues profits warning
Industrial property asset manager Property Fund Management has issued a profits warning, due to delays in closing a €750m (£528m) European fund.
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Permission granted for urban village in Cheshire
Vale Royal Borough Council has granted planning approval for a new 140 acre (56.7 ha) urban village near Northwich in Cheshire.
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ProLogis sells UK sheds for £190m
ProLogis has completed the sale of 15 UK distribution facilities to Standard Life for £190m.
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ODPM reasserts in-town focus for development
The Office of the Deputy Prime Minister (ODPM) today reaffirmed its commitment to concentrating development in town centres, rather than out-of-town sites, with the launch of its revised planning policy statement for town centres (PPS6).
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Derwent trades £28m of offices
Derwent Valley Holdings today announced £28m worth of office sales and acquisitions in the West End and Ladbroke Grove.