All Editorial articles – Page 7
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Canary Wharf muscles in on Citi tower sale
Canary Wharf Group is in talks to buy more than £150m of debt secured against the Citi headquarters in an effort to outmanoeuvre rivals in the £1bn sale of the building.
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Duet completes £33m of junior debt deals
Duet Real Estate Finance, the listed junior debt fund, has completed two transactions totalling £33m, taking the fund to 50% invested.
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Southern Cross landlords agree to provisional restructuring
Landlords of struggling care home operator Southern Cross last night agreed to a provisional restructuring which is likely to see rents cut for the short term.
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TV Centre sale to “maximise” BBC income
The BBC has today announced the first phase in the sale of Television Centre in London’s White City, stating its intention to use the sale to get the highest possible income for the BBC and licence fee payers.
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David Higgins given knighthood
Network Rail chief executive and former Lend Lease boss David Higgins had his career achievements honoured this weekend with a knighthood.
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Max says secondary buying opportunities persist
Max Property Group, the company run by Nick Leslau and Mike Brown, said today that buying opportunities would continue to arise in the secondary market, in spite of the “snail’s pace” at which banks are deleveraging.
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MPs blast coalition's localist agenda
Government ministers have so far produced no compelling vision of what their imagined “localist” future will look like, a report from the Communities and Local Government (CLG) Committee has concluded.
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Green light for Barratt Wilson Bowden's Basildon redevelopment
Basildon Borough Council has granted Barratt Wilson Bowden planning permission for a mixed use development in Basildon town centre.
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Three shortlisted for £575m Mint hotel portfolio
Blackstone, London Regional and a joint venture between Goldman Sach’s Whitehall Fund and the Texas Pacific Group are understood to be on the final shortlist to buy a portfolio of seven Mint hotels for around £575m.
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Serviced Office Group to take over BT's Hemel office
Serviced Office Group, the AIM-listed flexible office provider, has signed a five-year management agreement with BT to take-over and manage its 175,000 sq ft office property in London Road, Hemel Hempstead.
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Segro completes £8m High Wycombe disposal
SEGRO has completed the disposal of units 370 to 375 on the Cressex Industrial Estate for £8m.
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15,000 sq ft of lettings for CLS
CLS Holdings has announced more than 15,000 sq ft of leasing deals at its Cambridge House scheme, a 70,000 sq ft office building in Hammersmith.
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MEC City Tower deal confirmed
Mitsubishi Estates has bought City Tower on London’s Bishopsgate for £95m.
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New Covent Garden loses Barratt from £1bn redevelopment race
Barratt Group has bowed out of the competition to redevelop the New Covent Garden Market site in Nine Elms, leaving two French firms in the running for the £1bn deal.
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Mersey Ports masterplan published
Peel Ports Mersey has today put its 20-year masterplan for Mersey Ports out to consultation.
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Carlyle buys Rotterdam office for student accommodation
US private equity group Carlyle has bought an office building in Rotterdam for conversion into student accommodation, through its joint venture with the MacGregor family.
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Colliers hires central London investment director
Colliers International has appointed a new director of central London investment.
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Workspace CEO Harry Platt to retire
Harry Platt is to step down as chief executive of Workspace Group next year.
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Nobel Prize winner joins Dolphin Capital board
AIM-listed residential investor Dolphin Capital has appointed a Nobel Prize winning economist to its board as non-executive director.
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St James’s Place serves termination notice on fund manager Invista
The break-up of listed property fund manager Invista Real Estate Investment Management continued today with its largest separate account client giving formal notice of termination.