All articles by Mark Wilding – Page 8
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Online
Warning that Scottish business rates plan could lure English firms
English companies could choose to move to Scotland to take advantage of likely cuts to business rates, according to Colliers International.
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Online
SEGRO swaps hotels for Northampton shed
SEGRO has acquired a 210,000 sq ft distribution warehouse in Northampton in exchange for two recently developed Premier Inn hotels in Uxbridge and Edmonton.
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West One Loans sets record with £54m lent in November
Short-term bridging finance provider West One Loans has set a new monthly record with a total of £54m lent across commercial and residential properties in November.
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Five-week cycle for LondonMetric to let Warrington warehouse
LondonMetric has let a 357,000 sq ft distribution warehouse in Warrington within five weeks of completion.
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LendInvest launches auction finance product
Online mortgage provider LendInvest has launched a dedicated finance product tailored to buyers at auction.
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Repossessions by private landlords in Wales down by 26%
Claims made by private sector landlords to repossess properties in Wales have fallen by 26% over the past two years.
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100 Mount Street in Dublin changes hands for €20.5m
CBRE Global Investment Partners and Ardstone Capital have sold a multi-let office building at 100 Mount Street in Dublin to Credit Suisse for €20.5m.
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Two biggest outlet centre deals of 2016 outstrip total transaction volumes for 2015
Two concurrent pan-European sales by the IRUS European Retail Property Fund contributed to average European outlet rents increasing by more than 10% over the past year.
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DWF launches Dublin real estate offer
Law firm DWF has expanded its real estate services with the appointment of Michael Neary as a partner in its Dublin team.
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Road map revealed for Local Shopping REIT disposals
Local Shopping REIT has outlined plans to dispose of its £75.3m portfolio in a series of sales over the next three years.
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News
REM seals Kraft Heinz deal at The Shard
Kraft Heinz has struck a deal to move its UK and European headquarters from Hayes in Middlesex to The Shard in London.
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Online
CBRE predicts slowdown in UK property returns
Investment in UK property will slow down next year before bouncing back in 2018, according to CBRE’s annual outlook report.
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European hotel portfolio sold by Invesco for €415m
Invesco Real Estate has sold a portfolio of seven European hotels to Swedish operator Pandox for €415m.
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Plans submitted for £60m Rochdale regeneration scheme
Genr8 Developments has submitted a detailed planning application for a £60m retail and leisure development in Rochdale Town Centre.
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Octopus announces management departures
Octopus Property managing director Mark Posniak and director of risk and recoveries Matt Smith are leaving the firm.
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Turner & Townsend recruits Switzerland head
Mark Utting has been appointed as country manager for Turner Townsend in Switzerland.
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Dalata to open England’s first Maldron hotel
Dalata Hotel Group has signed a lease with ES Newgate, a subsidiary of McAleer Rushe, to operate a new Maldron Hotel in Newcastle.
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Online
Farebrother appoints partner
London agency Farebrother has appointed Glyn Lloyd as partner focusing on occupier advisory.
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Private investors seek City bargains in wake of Brexit
Interest in London property among private investors has outstripped that of institutional buyers in recent months, according to CBRE.
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Waterman Group wins MOD adviser role
Waterman Group has been appointed as engineering designer advising the Ministry of Defence on a £680m construction programme.