All Editorial articles – Page 12
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Menta submits Cherry Orchard Road planning in Croydon
Urban regeneration company Menta has submitted a planning application to the London Borough of Croydon for 750,000 sq ft of development on its East Croydon station site.
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Qatari Diar invests in $700m Washington scheme
Barwa Bank’s investment banking subsidiary, The First Investor, has raised 100% financing to fund development of a 700,000 sq ft mixed-use scheme in Washington DC, with Qatari Diar as the anchor investor.
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Asda to take 38,000 sq ft at Leeds’ Mint
Supermarket giant Asda is under offer to take 38,000 sq ft of overflow space at the Mint in Leeds in what would be the biggest leasing deal in the city this year.
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Interserve’s Buckingham Palace contract extended
Interserve has won a £108m two-year extension from Defence Infrastructure to look after estates in London including Buckingham Palace and St James’s Palace.
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RDAs’ £500m assets go up for sale
The government has rejected calls to transfer regional development agencies’ assets to the ownership of local authorities and will sell them instead.
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Etalon indicates IPO pricing
Russian residential developer Etalon Group has today announced the indicative price range for its initial public offering on the London Stock Exchange, which was announced on 23 March .
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Bruntwood’s City House plans unveiled
Bruntwood has revealed its redevelopment plans for City House above the train station in Leeds city centre
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Boultbee buys £18.5m industrial portfolio
Boultbee has bought a portfolio of six industrial properties from DTZ for £18.5m, reflecting an initial yield of 8.8%.
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Fisher German merges with John Sanders
Chartered surveying firm Fisher German and John Sanders have merged in a bid to expand in the Worcestershire area.
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Drivers Jonas Deloitte to sell 6 acres in Leeds
Chemicals manufacturer Rhodia has appointed Drivers Jonas Deloitte to sell Wortley Low Mills, a chemicals plant in Leeds.
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Scottish Widows and Cushman raise €100m for European retail fund
Scottish Widows Investment Partnership (SWIP) and Cushman Wakefield Investors have secured €100m of equity from three European institutional investors at the first close of their Urban Retail Fund.
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Spurs seeks judicial review of Olympic stadium decision
Tottenham Hotspur has called for a judicial review of the Olympic Park Legacy Company’s decision not to award it the use of the Olympic stadium after the Games in 2012.
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Peel secures £205m long-term loan from Aviva
John Whittaker’s Peel Group has today completed a long-term commercial real estate financing with Aviva Commercial Finance.
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Fine Gael to resume Nama loan transfers
Ireland’s department of finance has told its “bad bank” to continue taking over distressed loans, despite the new Fine Gael government having pledged to review this process.
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Partner sought for Blackburn Markets
Blackburn with Darwen Borough Council has launched the search for a development partner to develop a retail-led scheme of the 6-acre Blackburn Markets site in Lancashire.
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Two receivership sales at Cannon auction
Two Nationwide receiverships sales from Cannon Capital’s latest auction have sold for just over £450,000.
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Officers Club administration prompts Blue Inc buy
Officers Club has gone into administration this afternoon for the second time in just over two years with Blue Inc having swooped to acquire 46 of its stores.
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Ronson – sun will start to shine again in 2014/15
Gerald Ronson today said that the property market would not fully recover until 2014 at the very earliest – and that investment outside of London would require “luck, bravery and Alka Seltzer”.
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Heron Tower completes
Heron International has announced it has reached practical completion of the Heron Tower, the tallest building in the City of London.
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Derwent challenge stalls Old Trafford redevelopment
Legal action being pursued by Derwent Holdings has forced Lancashire County Cricket Club to postpone its AGM and postpone the ground’s redevelopment.