All Magazine Homepage articles – Page 14
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News
L&R chosen to develop £1bn London docklands scheme
Ian and Richard Livingstone’s London Regional Properties (L R) has won the right to develop a £1bn project in London docklands.
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AshbyCapital puts 200 Aldersgate up for sale for £320m
AshbyCapital is looking to cash in on overseas investor appetite for London offices by putting 200 Aldersgate in London’s Farringdon on the market with a guide price of around £320m.
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Empiric lines up first revolving credit facility
Empiric Student Property has received credit approval from a major UK bank for its first revolving credit facility (RCF).
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Curlew looks to solve Enigma with £600m student sale
Curlew Capital is to sell its Enigma student accommodation portfolio and has appointed Savills to find a buyer at an asking price thought to be around £600m.
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Professional
Keepmoat Homes appoints regional managing directors
Housebuilder Keepmoat Homes has appointed two divisional managing directors for the north and south.
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Nestlé quick to sign up at Gateway logistics scheme
SEGRO and Roxhill have secured the first major deal at their SEGRO Logistics Park East Midlands Gateway scheme with a pre-let to Nestlé, Property Week can reveal.
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Thackeray signs up string of tenants at Eastcheap Estate
Thackeray Estates has signed three new office tenants and a handful of retailers at its Eastcheap Estate redevelopment in the City of London.
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Prime office rents in Dublin set to reach peak next year
Prime office rents in Dublin city centre are set to peak at €65/sq ft (£60/sq ft) next year, bringing to an end four consecutive years of rental growth, Irish agency HWBC has forecast.
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Zorin completes its largest-ever loan for London resi conversion
Zorin Finance has completed a loan of £36m to Sheen Lane Developments, its largest loan since it was founded in 2011.
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M&G Real Estate snaps up Essex retail park for £53m
M G Real Estate has purchased the Riverside Retail Park in Chelmsford for £53m.
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Khan to fight against 3% levy
Sadiq Khan has vowed to fight for build-to-rent (BTR) developers to be exempt from the 3% stamp duty surcharge on second homes introduced under George Osborne.
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Lendlease lands £1bn BTR funding deal with CPPIB
Lendlease is close to securing a £1bn funding deal with The Canada Pension Plan Investment Board (CPPIB) to finance the launch of a new build-to-rent (BTR) platform, Property Week understands.
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Former JLL agents set up OOT team at KLM
A trio of former JLL agents have formed a new department focused on the out-of-town sector at niche firm KLM Retail.
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Low LTVs make London worst borrowers' market in Europe
London is the least borrower-friendly location in Europe thanks to low loan-to-value (LTV) ratios for senior loans on prime offices, new CBRE research has revealed .
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Aberdeen sells Chorus building in Wimbledon
Aberdeen Asset Management has sold the Chorus building in Wimbledon to M G Real Estate for a price in excess of £30m, reflecting a 4.5% yield.
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Bellway buys Bexley site from Sports Direct
Bellway is set to build 500 homes in the London Borough of Bexley after acquiring a site from Sports Direct.
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News
Shaftesbury converts Seven Dials mall into flagship store
A former 1980s shopping centre in London’s Seven Dials is set to get a new lease of life as a unique flagship store for a single retailer.
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Council fears deepen over PDR conversions
Almost 50% of the largest local authorities in England consider office-to-residential conversions under permitted development rights (PDR) a problem, a Carter Jonas survey has revealed.
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News
China Evergrande’s share values surge on back of strong results
China Evergrande’s share price surged by as much as 18.7% this week, after the Hong Kong-listed property developer revealed strong results for the first half of the year.
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News
GPU picks Atlantic Square scheme in Glasgow
The Government Property Unit (GPU) has selected the 300,000 sq ft Atlantic Square development in Glasgow for the first phase of its regional hub in the city as it nears the completion of its national relocation plan.