All articles by Hannah Emanuel – Page 4
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Online
Akeler is snapped up for £294m
Akeler, the business park developer that has stricken telecoms firm WorldCom as its biggest tenant, has been sold to Lend Lease Global Properties by Security Capital European Realty (SCER) for £294m.
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Arsenal stadium wins go-ahead in High Court
A High Court judge has ruled that Arsenal Football Club may proceed with plans to build a new stadium plus housing and business space on three sites totalling 24ha in north London.
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JLL shares slip as global revenues fall 5%
Shares in Jones Lang LaSalle fell 4% (84 cents) on the New York Stock Exchange yesterday to $20.14 (£12.91) yesterday, just hours before the company reported a fall in global revenues.
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Derby's Eagle Centre wins council approval
Derby City Council has resolved to grant outline planning consent for a £200m redevelopment of the city's Eagle Centre, jointly owned by Australian developer Westfield and MEPC.
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Flat NAV for shopping centre specialist
Liberty International, the shopping centre specialist with total assets of £4.3bn, has reported a 1% increase in NAV (net asset value per share) to 836p in its interim results.
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Prime office rents falling across Europe
Prime office rents are now almost 5% lower across the European Union than a year ago, according to the latest quarterly EMEA survey by CB Hillier Parker.
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CBRE names new president for Europe, Middle East and Africa
CB Richard Ellis, the US-based parent of surveying firm CB Hillier Parker, has appointed Vaughan Thomas as president of its Europe, Middle East and African operations.
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Chesterton dismisses takeover reports
Chesterton has told shareholders to disregard weekend reports that it has rejected a takeover bid of 38p a share from 11% shareholder Mohamed Jafari-Fini.
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British Land confusion over Laxey stake
British Land was forced to issue a correction yesterday evening over the precise number of shares held by rebel shareholder Laxey Partners.
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High Court challenge to Arsenal stadium plans
Plans by Arsenal Football Club to build a new 60,000-seat stadium plus housing and business space on three sites totalling 24 ha in north London are being challenged in the High Court today.
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Halfords to continue expansion following sale
Halfords is to continue its expansion programme of adding 20 new stores a year, despite the change of ownership that was announced this morning, a company spokesperson has said.
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Prescott calls in Sellar tower
Deputy prime minister John Prescott this morning called in plans for Europe's tallest building at London Bridge.
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Quintain chief executive leaves after four months
Mike Riley has left his post as chief executive of quoted property company Quintain after just four months in the job to become a director at private developer Castlemore Securities.
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St Modwen reports a triumphant six months
St Modwen Properties has announced a 33% rise in pre-tax profit to £14.5m for the six months to 31 May 2002.
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Heron Tower wins planning permission
Deputy prime minister John Prescott granted planning permission for the Heron Tower on Bishopsgate, London EC2, this afternoon following a public inquiry.
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Morley buys Barclays HQ for £198m
Morley Fund Management has completed its purchase of the Barclays headquarters building in the City of London for £198m.
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Industry welcomes abandonment of development tax
The British Property Federation and the RICS have welcomed the government's decision to drop plans to introduce a new tax on development.
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ROK signs London Electricity deal
ROK Property Solutions has signed a deal to build a 7,400 sq m (80,000 sq ft) regional headquarters and call centre for London Electricity on Exeter Business Park, which it owns.
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Henderson in £14m Edinburgh industrial sale
Henderson Global Investors has sold an industrial portfolio in Edinburgh back to the tenant, Murray International Holdings, for £14m.
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London's Grenadier House sold for £24.7m
LaSalle Investment Management, acting on behalf of British Coal Pension Schemes, has sold Grenadier House in London SW1 to an unnamed Middle Eastern buyer for £24.7m.