All International articles
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Online
Cushman & Wakefield cuts ties with Trump Organisation
Real estate giant Cushman Wakefield is severing its ties with President Trump, joining a raft of other businesses to do so in recent days in the wake of the assault on the US Capitol.
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News
Pandemic still biting the Big Apple
New York City’s property-world panic has eased somewhat but the situation remains troubled and tense.
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Online
Sirius completes £23.3m of German business park deals
Sirius Real Estate, the German business park group, has completed three deals worth €26m (£23.3m) for assets across three cities.
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Online
The Hut Group acquires £259m US skincare brand
The Hut Group (THG) has acquired American online skincare retailer Dermstore.com for $350m (£259m).
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Online
Banking duo appointed in board shake-up at Savills
Savills has drafted in two global banking heavyweights as non-executive directors.
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Online
PHP increases rent roll to £135.3m with two acquisitions
Primary Health Properties has completed two deals that will increase its rent roll to £135.3m.
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Online
Hammerson seeks second listing on Irish Stock Exchange
Hammerson is seeking a second listing on the Irish stock exchange.
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Online
Dalata Hotel Group EBITDA expected to be higher than predicted
Dalata Hotel Group expects its EBITDA to be marginally ahead of market expectations on 31 December despite the challenging environment.
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Online
Patrizia raises £198m for open-ended fund in 2020
Patrizia has raised €220m (£198m) of new equity for the firm’s open-ended balance fund, the “PanEuropean Property Limited Partnership”.
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News
SEGRO acquires control of French warehouse firm Sofibus Patrimoine
SEGRO has unconditionally acquired a further 74.9% of the share capital of Sofibus Patrimoine, a French urban logistics investment company, for €313.71 (£285.76) per share equating to a value of €178.6m (£162.7m).
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Online
Middle Eastern investors poised for no-deal Brexit bargains
Ultra high net worth individuals from overseas are primed to buy up more prime UK real estate if the pound collapses in the event of a no-deal Brexit.
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Insight
Time to radically reimagine cities
With the UK economy reeling from the effects of Covid-19 and facing the uncertainty of a formal departure from the EU, the government has been clear there will be no return to austerity.
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Online
MARK raises £499m for last-mile logistics fund
MARK, formerly Meyer Bergman, has raised €550m (£499m) for its last-mile logistics fund.
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Markets
Will Gatwick take off again?
The airport and nearby towns have been hit hard by Covid. Property Week asks if they will recover.
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Online
First Property Group posts loss after sale of Polish asset
First Property Group posted a 30% drop in pre-tax profit for the six months to 30 September, attributed primarily to the loss of earnings from the sale of a Polish asset.
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News
Cheyne provides £84m loan for Paris suburb office space
Alternative asset manager Cheyne Capital Management has provided a around £84m senior loan to finance the refurbishment of a large office building in the outskirts of Paris, France.
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Online
Sirius Real Estate posts 5% growth in net asset value per share
German business park operator Sirius Real Estate has posted a 5% growth in net asset value per share, to 81.18c (72p), for the six months to 30 September 2020.
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Online
Round Hill Ventures announces first close of £178m European proptech fund
Round Hill Ventures has announced the first close of its European proptech fund, which is set to invest €200m (£178m).
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Online
Colliers launches new service line for AMEA clients
Colliers Occupier Services EMEA has launched a new service called complex emerging markets solutions (CEMs) for clients with real estate requirements living in areas of challenging geographies.
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Online
European REITs paid £3.65bn in tax last year, according to EPRA and PwC
European REITs paid €4.1bn (£3.65bn) in tax last year, according to a study by EPRA (European Public Real Estate Association) and PwC.