All articles by Mark Wilding – Page 14
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News
Councils to fight office-to-resi conversion exemption change
Proposal seeks permanently relaxed rules on conversions and an end to central activities zone immunity
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Markets
UK private rental market returns finally surpass Canada and the US
After years of underperformance, commercially held residential property in the UK is now offering record returns. Mark Wilding reports
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Online
Criterion appointment marks ‘strategic push’ into PRS
Criterion Capital has appointed Iain Murray to head up its private rented sector management business with a 5,000 unit development pipeline.
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Online
Angle sells Hemel Hempstead development site
Angle Property has sold a development site in Hemel Hempstead with a development value of £7m to SME Corporation.
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Online
280 High Holborn sold for £86m by Hines
Hines has sold the 60,000 sq ft 280 High Holborn office building in Midtown for £86m on behalf of the Hines European Development Fund II (HEDF II).
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Online
Salix portfolio bought by IPUT for £91.4m
IPUT has bought the Salix portfolio of 134 commercial property assets from the Bank of Ireland Staff Pension Fund for €115m (£91.4m).
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Online
Karlin Real Estate buys Liverpool’s Sony Building for £4.4m
Investment firm Karlin Real Estate has bought the Sony Building in Liverpool from Telereal Trillium for £4.4m, representing a net initial yield of 10.75%.
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Online
Three new tenants for Standard Life’s Pooled Pensions Property Fund
Standard Life Investments’ Pooled Pensions Property Fund has secured three new lettings totalling 72,000 sq ft.
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Online
Stanhope and Schroders appoint Ruskin Square partner
Stanhope and Schroders have formed a joint venture with Places for People to build and manage the first phase of housing at Ruskin Square in East Croydon.
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Online
One Park Royal bought by M&G for £22.6m
M G Real Estate has bought a 106,910 sq ft warehouse in London’s Park Royal for £22.63m from Standard Life Investments.
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Online
Harworth seeks to strengthen management team
Regeneration company Harworth Estates has appointed chartered surveyor Ian Ball as director of asset management to lead efforts to build the firm’s income-generating portfolio.
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Online
Colliers snaps up Mills to lead north west investment business
Colliers International has hired former JLL Manchester office head Jonathan Mills to lead its investment business in the north west.
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Online
M&G buys £36.7m office in the City
M G Real Estate has bought a 61,000 sq ft office building in Aldgate for £36.7m on behalf of the M G Property Portfolio.
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Online
Cushman & Wakefield score with Beckham
Cushman Wakefield has poached investment agent James Beckham from JLL to lead its London Capital Markets practice.
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Online
Former Soho strip club gets green light for Hawksmoor restaurant conversion
A former illegal strip club on Soho’s Great Windmill Street is set to become a restaurant and shop after developer Soho Limited secured planning permission last night.
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Online
Housing specialist Hub appoints development manager
London housing developer Hub has appointed trained architect Damien Sharkey as development manager.
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Online
Capital & Regional signs two new retailers at Waterside
Jones Bootmaker and the Body Shop have signed up to take space at Capital Regional’s Waterside Shopping Centre in Lincoln.
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Online
Colliers poaches JLL’s James Evans for its national investment team
Colliers International has poached capital markets specialist James Evans from JLL to join as an associate director in the national investment team.
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Online
Profits up 57.1% at estate agent Foxtons
Foxtons revealed a 57.1% rise in profit before tax to £23.1m this morning, as it published its half year results.
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Online
Hansteen half-year results reveal profit rise of 32.8%
Hansteen revealed a 32.8% increase in normalised income profit as it published its half year results this morning.