All Editorial articles – Page 16
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Countrywide buys north-east agency
Countrywide has bought north-east residential lettings agent Property Quarters, which operates offices out of North Shields and Whitly Bay.
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Henderson buys £33m Cambridge retail asset
Henderson Global Investors has bought Christ’s Lane, a high street asset in Cambridge, from Land Securities for £33.16m, representing a 5.25% net initial yield.
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OnlineTesco agrees £170m Chinese shopping centre JV
Supermarket giant Tesco has signed an agreement to set up a joint venture to develop shopping centres in China.
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OnlineFoyles set to relocate to St Martin's School of Art
Foyles is to relocate its world famous Charing Cross Road bookstore 15 yards down the road to the redundant Central St Martin’s School of Art.
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Prism shines on £300m Edinburgh scheme
Canadian development company Prism is understood to be on the brink of agreeing to unlock Edinburgh’s biggest stalled development site, the 9-acre Caltongate scheme in the city centre.
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Lucidus signs at 55 New Bond Street
Hedge Fund manager Lucidus Capital has leased the third floor of Fenwick’s 55 New Bond Street.
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Apple takes last floor at 1 Hanover St
Apple has taken the 26,750 sq ft fourth floor at 1 Hanover Street in London’s West End, bringing the technology giant’s total occupancy at the property to more than 50,000 sq ft.
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Virgin Money opens Edinburgh HQ
Virgin Money has taken the lease at 28 St Andrew Square, a 30,000 sq ft building in Edinburgh, to use as its new headquarters in what has been reported as the biggest city centre deal in Edinburgh since 2009.
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OnlineCapCo in Far East talks over Earls Court funding
Capital Counties is in early stage talks with Asian investors to get funding for the largest prime residential scheme in west London.
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MirLand refinances $43m of debt
MirLand, the listed Russian developer, has refinanced two loan facilities totalling $43.1m.
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Capital Shopping Centres reports solid annual results
Capital Shopping Centres increased its net asset value by 15% last year.
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OnlineDE&J Levy hires Capita Symonds West End guru
DE J Levy has paoched Patrick Ryan from Capita Symonds as a salaried partner to specialise in occupier agency in London’s West End.
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Swinney: Scots councils must be more realistic on developer contributions
Local authorities in Scotland need to be more realistic about the level of developer contributions according to Scottish cabinet secretary for finance and sustainble growth, John Swinney.
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St. Modwen gets go-ahead for Swansea science park
St. Modwen Properties has been granted outline planning permission for the Bay Science and Innovation Campus for Swansea University, which is situated at a former BP storage site on the outskirts of Swansea.
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OnlineLothbury completes £50m of deals
Lothbury Investment Management has confirmed that it has bought a £23.35m redevelopment opportunity in London’s West End, originally tipped by Property Week (14.01.11), as it announces completion of three deals worth £50m this year.
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David Wilson buys former nuclear site in Oxfordshire
David Wilson Homes has bought a 15ha brownfield site next to a science park in Oxfordshire for the development of 275 homes.
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Scots call for public sector sale-and-leasebacks
The Scottish Property Federation has called on the government to consider a sale and leaseback of property owned by the public sector, in a bid to raise up to £25bn.
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Standard Life sues Topland over 2003 Holborn deal
Investment company Topland is being sued over the £58m purchase of a Holborn property in 2003, because the vendor Standard Life alleges that Topland failed to disclose details of negotiations with the tenant while the deal was being done.
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Henderson in £70m King’s Cross P&O tie-up
Henderson Global Investors has entered into a joint venture with Istithmar P O Estates to develop the £70m final phase of its Regent Quarter scheme on York Way, next to King’s Cross station in London.
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Westfield plans White City extension
Westfield has revealed it is looking to submit a planning application for the extension of its Westfield London shopping centre in White City later this year.
