All Editorial articles – Page 13
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Regus sues Lloyds over £1m Maxim fit-out
Serviced office operator Regus is suing Lloyds Banking Group over claims the bank failed to pay for its fit-out at Maxim business park on the outskirts of Glasgow.
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Wheeler and Brixton end employment row
Brixton and former chief executive Tim Wheeler have ended their row over Wheeler’s exit from the company in early 2009.
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Swallow quits Knight Frank Birmingham
Knight Frank’s head of Birmingham Mark Swallow has resigned.
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Sale of GVA’s HQ falls through
The Algerian Embassy has abandoned plans to buy and occupy GVA’s West End HQ at10 Stratton Street for £65m.
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Mount Anvil to redevelop Wandsworth Business Village
London residential developer Mount Anvil has announced a development agreement with Workspace Group to fund and manage the regeneration of Workspace’s Wandsworth Business Village in south London.
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Caffè Nero appoints London agents
Italian coffee chain Caffè Nero has appointed Lunson Mitchenall to drive its central London acquisition programme.
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Two new lettings for Terrace Hill at Quantum
Terrace Hill has secured two new lettings at its Quantum office scheme in Maidenhead.
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Co-Op celebrates Manchester Victoria-Piccadilly link
The Plan for Growth, which was published today alongside the Budget, pledged £200m funding for rail projects, with a central Manchester rail link set to be the first to benefit.
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AUB buys two student accommodation blocks
Ahli United Bank has bought two student accommodation assets, in London and Leeds, for a total of £38m.
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BUDGET 2011: Government to step up public land sales
The government has announced plans to accelerate release of public sector land for use as housing, including testing out a “build now, pay later” scheme.
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BUDGET 2011: Councils to retrospectively cut section 106 payments
The government has called on local authorities to retrospectively reduce infrastructure payments where they are holding back stalled schemes.
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NBCUniversal completes Central St Giles deal
NBCUniversal International last night completed its deal to take 112,000 sq ft of space at Legal General Property and Mitsubishi Estate Company’s Central Saint Giles development in London’s West End.
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Targetfollow reshuffles senior staff
Targetfollow’s asset management group have appointed new property and finance directors.
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Russian resi developer plans $500m London float
A Russian residential developer is planning a $500m initial public offering on the London Stock Exchange.
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Grainger pays £15m for last 50% of GenInvest JV
Listed landlord Grainger has bought Genesis Housing Group’s 50% share in Grainger GenInvest Partnerships, a central London residential joint venture that owns 1,630 homes.
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CBRE Hotels wins 826-room US instruction
CBRE Hotels has been appointed to sell or recapitalise the Willow Hotels portfolio, which includes the Shoreham, Mansfield and Franklin Hotels in Manhattan, New York.
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Croydon regen chief quits
Croydon Council’s executive director of planning, regeneration and conservation, Emma Peters, is leaving the council to move into the private sector.
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DevSecs buys in Woking
Development Securities today said it had acquired an office property, Elizabeth House and The Cornerstone, in Woking for £6.55 million, yielding 6.8 per cent.
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£371m fund terminates Invista contract
A listed property fund with assets of £371m has terminated its management contract with Invista Real Estate, the second fund to do so in less than a week.
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Corestate buys €85m distressed German residential portfolio
Switzerland-based private equity firm Corestate has bought a portfolio of 153 residential assets located in the Rhine Ruhr region of Germany valued at €85 million.