All articles by Kat Spybey – Page 9
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OnlineLegal & General Property buys £21m Middlesbrough leisure park
Legal General Property, on behalf of its leisure fund, has purchased Middlesbrough Leisure Park in Middlesbrough from Highpoint Estates for £21.25m, reflecting a net initial yield of 6.9%.
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OnlineJones Lang LaSalle shortens name and rebrands
Jones Lang LaSalle has shortened its name to JLL and has this morning launched a new logo.
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OnlineSutton Coldfield spec retail scheme fully let
The developers of Princess Alice Drive Retail Park have completed the lettings of their Sutton Coldfield scheme.
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OnlineGermany most popular retail market for expanding brands
Germany is the most sought after retail market in the world with 40% of global retailers planning to open a store there in 2014, research by CBRE has found.
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OnlineRegus sees earnings per share dip but mature assets continue to provide growth
Serviced office provider Regus has reported that its earnings per share have dropped by 5% in the last year.
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OnlineCLS reports strong final year rises
European property investor CLS has reported a 9.9% rise in its EPRA net assets per share.
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OnlineHansteen secured €343m German refinancing
Hansteen has refinanced two loans secured against its German portfolio with two new loans totalling €343m.
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NewsOaktree gets into bed with Hilton hotels
Oaktree Capital Management has built a stake in a portfolio of 16 Hilton hotels that is owned by a consortium of investors that includes Igal Ahouvi and Delek Global Real Estate, and was once worth £417m.
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NewsWestrock shops for £300m of regional assets
Westrock has launched an ambitious new drive to build a portfolio of regional value-add assets, with a target portfolio size of up to £300m
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OnlineCBRE Global Investors buys supermarket at record yield
CBRE Global Investors has bought a Sainsbury’s supermarket in Putney, south west London, in a deal reflecting a record supermarket yield of 3.7%, as first revealed by Property Week.
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OnlineSainsbury's property director to retire
Sainsbury’s property director has announced that he will retire from his role at the supermarket next month.
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OnlineFragrance Shop launches London search for stores
The Fragrance Shop has launched a search for around 20 new stores in the next year in greater London.
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OnlinePersonal insolvency firm takes 50,000 sq ft Sale HQ
Personal insolvency group Harrington Brooks has agreed a deal to occupy 50,000 sq ft at Commercial Estates Group’s scheme in south Manchester.
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OnlineLandSecs and Guildford Council seek extension for retail scheme agreement
Guildford Council and Land Securities have requested more time to sign a development agreement for the proposed North Street retail site in the city centre, but the council has warned that if no agreement is reached by the new deadline it will reopen talks with Lend Lease.
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OnlineEngineering consultancy signs for Birmingham office
Engineering consultancy Cundall Johnston and Partners has agreed a deal to relocate to Cathedral Court in Birmingham’s central business district.
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OnlineHonest Burgers to open near Oxford Street
British burger chain Honest Burgers will open its sixth restaurant close to Oxford Street at 4 Market Place in London’s West End.
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OnlineM&G agrees £92m Bannatyne gym sale and leaseback
M G Investments has agreed a £92m deal with The Bannatyne Group involving the sale and lease back of the ground leases of 39 Bannatyne’s Health Clubs.
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OnlineDixons and Carphone Warehouse in merger talks
Dixons and Carphone Warehouse have confirmed that the two companies are in early talks regarding a possible merger.
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OnlineInternacionale faces administration threat
Fashion retailer Internacionale is expected to appoint administrators again this week after failing to turn the business around.
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OnlineBovis Homes sees profits rise sharply
Bovis Homes has seen its earnings per share increase by 49% to 44.9p.
