All articles by Emanuele Midolo – Page 4
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Online
Council’s bid for shopping centre falls through after PWLB loan hike
Forest Of Dean District Council has walked away from a £50m deal to acquire a shopping centre in Worcester after an interest hike on loans from the Public Works Loan Board (PWLB).
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Online
Cerberus sells Quorum Business Park
Promontoria, a subsidiary of US private equity giant Cerberus Capital Management, has sold Quorum Business Park in the North East of England to Shelborn for £32m, representing a net initial yield of 11%.
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Online
Intu sells Waterfront Business Park for £15m
Intu has sold a business park next to its Merry Hill shopping centre to Bridges Fund Management for £15.5m.
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Insight
The rise and fall of WeWork
After SoftBank was forced to throw WeWork a $9.5bn lifeline, Emanuele Midolo investigates where it all went wrong for the flexible workspace giant – and asks whether the rescue plan will work
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News
Ex-HDH duo launch leisure agency ETCH
Richard Willcox and Charlie Catterall’s clients will have international flavour
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News
WeWork marked up value of London offices sharply months after buying them - investigation
WeWork used a complex offshore structure to purchase properties in London and marked up the value of two office properties by double-digit margins months after purchasing them, a Property Week investigation has revealed.
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Online
Blackstone puts Chiswick Park’s Building 7 on sale for £300m
Blackstone is selling Building 7 at Chiswick Park in West London with a price tag believed to be around £300m.
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News
Cadogan Estates’ head of property Haydn Cooper leaves the business
Cadogan Estates’ head of property and asset management is leaving the business after three and a half years in the role.
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News
Adidas opens experiential store on Oxford Street
German sportswear company Adidas opened an experiential store on Oxford Street last week that it describes as “the world’s most technologically advanced Adidas store”.
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News
DfT pays £15m to use Manston as lorry park
Site has been earmarked for parking in event of Brexit disruption at Dover
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Online
Links of London’s administrators appoint GCW
Links of London’s administrators, Deloitte, have appointed GCW as property advisors for the retailer’s portfolio, Property Week understands.
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News
JLL recruits BNP Paribas Real Estate director David Herzog
David Herzog, a senior director in BNP Paribas Real Estate’s West End agency team, is leaving the firm for JLL, Property Week can reveal.
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News
Roca gets go-ahead to redevelop Slough BHS
Firm plans to redevelop 42,000 sq ft store into offices, retail and residential units
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Online
Aberdeen Standard puts largest asset in retail fund on the block
Aberdeen Standard Investments has put the largest asset in its Aberdeen UK Property Fund on the market for £89m as it looks to reduce its retail exposure.
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Online
William Hill appoints CBRE for 600-shop disposal plan
William Hill has appointed CBRE to advise on its plan to dispose of up to 600 shops across the UK.
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Markets
Thames Valley business parks continue to thrive
Innovation has helped Thames Valley business parks remain attractive.
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News
Vatican launches investigation into £129m Chelsea property deal
The Vatican has launched a probe into the £129m purchase of a London office building.
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News
City spent just 40% of S106 and CIL receipts
City Corporation has spent only £80.7m of the £206m it took in from developers
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Online
Sunderland council inks tenant for The Beam
Sunderland City Council has secured another tenant for its The Beam office building in the city centre.
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News
AshbyCapital’s Ferrari on why quality retail is still a good bet
Purchase of Abbotsinch Retail Park reflects strategy of buying good, regionally dominant malls, says CEO