All International articles – Page 12
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Henley Investments debuts in Poland with shopping centre buy
UK-based private equity firm Henley Investments has made its debut shopping centre acquisition as part of its European expansion.
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Retail trade body ECSP calls for co-ordinated Covid recovery strategy
The European Council of Shopping Places (ECSP) has outlined its five priorities to help support Europe’s retail property sector.
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London most attractive city for European property investment, study finds
London is considered the most attractive city for European real estate investment in 2021, according to CBRE’s 2021 EMEA Investor Intentions Survey.
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Insight
View from the top: Kino Law, chief executive of Hong Kong investor K&K Property Holdings
The chief executive of Hong Kong investor K K Property Holdings tells Property Week why London’s West End market appeals so much and how it plans to expand its presence in the city.
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Jollibee to open 10 new restaurants as part of £30m expansion drive
Filipino fast food chain Jollibee is intending to open 10 new restaurants in the UK this year as part of a £30m expansion drive.
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Atrium European Real Estate posts 21% drop in rental income
Atrium European Real Estate posted a 21.3% drop in net rental income to €138.9m (£119.9m) for the year to 31 December 2020.
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AXA IM boosts earnings by 6%
AXA Investment Managers (AXA IM) posted a 6% rise in underlying earnings for the 2020 financial year, earning €279m (£241m).
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Insight
Key steps on the road to net zero
When Joe Biden was sworn in as US president and made addressing climate change one of the central pillars of his policy, it felt like a watershed moment.
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Pent up demand will lead to hotel bounce, says JLL
Anticipated investor interest and pent up demand for a return to travel should lead to a bounce back in demand for hotels, new research has found.
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News
Matterport merges with Gores Holdings
Proptech giant Matterport is set to merge with publicly listed Gores Holdings VI, resulting in a combined value of $2.3bn (£1.64bn) once the transaction closes in Q2.
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PBSA occupancy in Europe ‘higher than expected’
Occupancy rates in purpose-built student accommodation (PBSA) sector in Europe in the last year has been less severe than expected, according to Bonard’s Student Housing Annual Report.
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Councils have invested £820m in property via offshore trusts
MP urges government to clamp down on local authorities using tax-avoiding tactic after Property Week investigation.
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Aldar Properties enters management agreement with Time Out Group
Real estate developer Aldar Properties has entered into a management agreement with global media business Time Out Group to open new Time Out Market in Abu Dhabi’s Saadiyat Island.
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Investors are underestimating resilience of offices, says Brookfield boss
Investors are underestimating the resilience of offices and shopping malls, according to the head of Brookfield Asset Management.
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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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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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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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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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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.