All Editorial articles – Page 14
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Grainger green light for 2,550 Hampshire homes
Grainger has been granted planning permission for Newlands, a 211 hectare mixed-use development at Waterlooville in Hampshire, by a joint committee of Winchester City Council and Havant Borough Council.
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Wainbridge buys £39m office trio
Property company Wainbridge has bought three office assets in Central London, Croydon and Bristol, for £39m.
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Haxted and DevSecs buy £5m Sandbanks resi development site
Haxted Estates, in partnership with Development Securities, has bought a waterside property in the prime residential location of Sandbanks, Poole, for the development of four luxury apartments.
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Cerberus completes Maxim deal
The restructuring of a 1m sq ft Maxim business park on the outskirts of Glasgow has been completed.
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IPD: residential underperformed commercial in 2010
Residential property underperformed the commercial market for the first time in four years last year.
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Tchenguiz wins right to bring Kaupthing lawsuit in UK
Vincent Tchenguiz’s Consensus Group today won the right for a £1bn lawsuit against Icelandic bank Kaupthing to be heard in the UK.
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Intercontinental Hotels CEO steps down
InterContinental Hotels, the world’s largest hotel operator by number of rooms, has announced that its chief executive Andrew Cosslett will step down at the end of June.
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Orchard Street in £13.4m St Albans sale
Orchard Street Investment Management has sold two office properties at Centrium Business Park in St Albans to ING REIM.
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CapCo’s Earls Court consultation launched
The masterplan for Capital Counties’ 77-acre Earls Court scheme has been published for consultation, setting out a vision to create four villages and a high street on the Earls Court site, as unveiled in Property Week (04.03.11)
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Losing bidder appeals Newham casino decision
One of the bidders which lost out to Aspers and Westfield Stratford City in becoming the UK’s first large casino is going to appeal Newham council’s decision.
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Robert Tchenguiz hits out at SFO
Robert Tchenguiz is considering legal action against the Serious Fraud Office after his arrest last week.
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Treasury submits Battersea public park plans
Treasury Holdings has submitted plans to Wandsworth Borough Council to create a landscaped park between Battersea Power Station and the river Thames, which would be accessible to the general public from July 2011.
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Overflowing Google ponders King’s Cross move
Google has taken a further 40,000 sq ft of overflow space at 123 Buckingham Palace Road, and is in talks with King’s Cross Central developer Argent to take up to 700,000 sq ft at the north-central London scheme.
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Barberry submits Coventry Royal Mail plans
Barberry Developments has submitted plans to turn the former Royal Mail sorting office in Coventry into a 400,000 sq ft retail-led mixed-use development.
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JJB looks for £65m working capital
JJB Sports plans to raise £65m from a new share placing, the retailer said in a stock exchange statement today.
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NewRiver sells £10m of assets
NewRiver Retail has exchanged contracts to sell Princess House in Shrewsbury to Rockspring, for £9.6m, reflecting a net initial yield of 7.2%.
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Southern Cross starts “radical” dialogue with landlords
Care home operator Southern Cross today announced the appointment of KPMG to advise on its negotiations with landlords and banks, as its share price tumbled by 8.17%.
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Croydon unveils transport revamp plans
Croydon council has signed a funding agreement with Network Rail to deliver a new entrance to East Croydon station, and a footbridge to connect the station to the town centre.
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Tamar posts slight NAV growth
Investment company Tamar European Industrial Fund has today reported a 1.2% increase in net asset value in its full-year results.
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CapCo in Covent Garden property swap
Co Operative Insurance has sold 1-3 Henrietta Street / 22 Southampton Street in London’s West End to Capital Counties, in a property swap that sees CapCo bolster its presence in Covent Garden.