All articles by Mark Wilding – Page 6
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Commercial property lease lengths hit eight-year high
Average lease lengths on commercial property rose to 7.2 years in 2015, matching levels last seen at the top of the market in 2007, according to analyst MSCI.
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Alzheimer’s Society takes lease at 8 Fenchurch Place
PMB Holdings and Ares Management have secured a letting to the Alzheimer’s Society at 8 Fenchurch Place in the City of London.
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Friars Walk shopping centre opens in Newport
Queensberry Real Estate has opened its 390,000 sq ft shopping centre in Newport.
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Haringey seeks development partner for 20 sites
A development partner is being sought by Haringey Council to work on up to 20 sites across the borough and build around 5,000 homes.
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Sir Richard Sutton Estates offers two Mayfair offices for £68m
Two Mayfair office buildings have been brought to the market by Sir Richard Sutton Estates with a combined sale price of £68m.
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Estate agents join calls for clamp down on 'dirty money' in property
The National Association of Estate Agents has joined forces with a leading anti-corruption organisation to call on David Cameron to ensure greater transparency over UK property ownership.
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Grosvenor signs up Victoria’s Secret at Liverpool One
Victoria’s Secret has struck a deal to open a 10,000 sq ft flagship store at Grosvenor Fund Management’s Liverpool One scheme.
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Pramerica to be renamed PGIM
Pramerica Investment Management is to become known as PGIM in January 2016 as part of a rebranding exercise which will see several subsidiaries change name.
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Extension of Sunday trading hours in doubt
George Osborne’s plans to extend Sunday trading hours look in doubt after the SNP declared it would join Labour in opposing the move.
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BNP Paribas raises £227m for pan-European fund
BNP Paribas Real Estate has raised £227m from Italian and French insurance companies in the latest closing for its Next Estate Income Fund II.
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First tenant signs with Patrizia at Birmingham’s Edmund House
Patrizia UK has secured its first tenant at the newly refurbished Edmund House office building in Birmingham city centre.
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Centurion secures Aberdeen management mandate
Centurion Properties has secured a four-year mandate with Aberdeen Asset Management to manage a portfolio of multi-let industrial estates.
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London office development up 18% in six months
Office space under development in central London increased by 18% in the last six months, according to Deloitte Real Estate.
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Moorfield makes Old Vinyl Factory purchase
Moorfield has bought the Shipping Building at the Old Vinyl Factory estate in Hayes from U+I for its Real Estate Fund III.
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Southbank and City office rent gap hits historic low
The gap between prime office rents in London’s Southbank and the City has fallen to its lowest level since records began, according to analysis by Knight Frank.
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M7 raises £28m for second European fund
M7 Real Estate has raised more than £28m of equity and loan note issuance for its second continental European fund.
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Rockspring strengthens European team
Rockspring has appointed two directors to its continental European transactions team. Eduardo Noguera Eduardo Noguera has joined as European director and will be based in London. Balazs Hornok has been appointed acquisitions director and will be based in Berlin. They will both report to partner Jo De Clercq and ...
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Arthur Morrice buys Mayfair lease for fifth central London store
Designer opticians Arthur Morrice has bought a 13-year lease on 5-6 Stafford Street in Mayfair to open its fifth store in central London.
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Warburg-HIH Invest sells 100 New Bridge for £146m
Hamburg-based investment company Warburg-HIH Invest Real Estate GmbH has sold 100 New Bridge Street in London to Alduwaliya Asset Management for £146m.
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SEGRO snaps up four hectares in Enfield
SEGRO has bought a 10-acre site in Enfield with potential for 200,000 sq ft of industrial development.