All Editorial articles – Page 2
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East Kilbride deal unlocks Cowes development
Clowes Developments has completed the sale-and-leaseback of an 800,000 sq ft semiconductor plant in East Kilbride in Scotland, unlocking a 700,000 sq ft redevelopment opportunity.
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Kirsh sells Minerva shares to Area and Delancey
Minerva’s largest independent shareholder, South African billionaire Natie Kirsh, has finally accepted the takeover offer from Area Property Partners and Delancey.
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Berlin residential property targeted by €120m Pramerica jv
Pramerica Real Estate Investors has formed a joint venture to invest in residential apartment blocks in Berlin.
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Morgans to run Sea Containers House hotel
Morgans Hotel Group is to operate the hotel at the refurbished Sea Containers House on London’s South Bank.
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China picks Leeds for Olympic base
Leeds has today announced that sporting giant China will use the city as its official European pre-Games training base ahead of the London 2012 Olympics.
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Central Saint Giles scores Cabana restaurant
Legal General Property and Mitsubishi Estate Company’s Central Saint Giles has let one of its food units to Cabana, a new Brazilian barbeque restaurant.
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RBS’s West Register and Invesco to wind up £207m listed trust
Fund manager Invesco Real Estate and West Register – the property management company within Royal Bank of Scotland – today said that they had agreed to liquidate a heavily indebted listed property company before 2014.
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Europa Capital and St Congar buy in Suffolk
The English Residential Land Partnership, a joint venture between Europa Capital and St Congar Land, has bought a site close to Sudbury, Suffolk.
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MGPA's €220m Danish retail deal
Private equity fund manager MGPA has bought a €220m Danish department store property in a joint venture with two other investors.
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Pramerica raises £98m for ground rent fund
Pramerica Real Estate Investors today revealed it had raised £98m of new equity for a ground rent fund, taking the total raised for the fund to £225m.
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Terrace Hill signs Skelton prelet
Terrace Hill has agreed a prelet and development agreement with Asda to develop a supermarket in Skelton, East Cleveland.
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Land Securities scores hat-trick of deals at Overgate
Superdry, Apple reseller Stormfront and Paperchase have all taken new units at Land Securities’ Overgate centre in Dundee.
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Gregory Projects in Leeds city centre buy
Leeds based Gregory Projects and Marshalls of Elland have agreed terms to purchase a prime commercial development site on Whitehall Road in Leeds from Town Centre Securities.
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Aviva tees up giant West End scheme
Aviva is close to piecing together a development site in London’s West End that could bring to the market about 600,000 sq ft of mixed-use space.
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United House buys £9m Shoreditch site
London developer United House has bought a former pub in London’s Shoreditch as a development site for an office and residential scheme.
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Shop owners condemn Tottenham riots
The British Retail Consortium has today condemned the weekend’s London rioting, claiming that community difficulties would not be helped by torching shops.
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Five ING staff transfer to Picton
Picton Capital has today announced it will hire five staff from ING Real Estate Investment Management, as it continues with the internalisation of its management.
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Focus on quality companies, JP Morgan says
Investors were today urged to buy “quality” shares in companies such as British Land, Land Securities, and Shaftesbury, as the markets react to the downgrading of the US’s AAA credit rating.
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Barratt confirms £170m loan book sale talks
Barratt Developments has today confirmed that it is in talks to sell some of its £170m portfolio of shared-equity loans.
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JLL in Far East takeover
Jones Lang LaSalle has today announced the takeover of an Indonesian firm that will create the largest property services firm in the country, 10 years after the two demerged.