All articles by Mitchell Labiak – Page 5
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A mixed reaction to government clampdown on ‘dirty’ Russian money
Government attempts to clamp down on “dirty money” from Russia have met with a mixed response from the industry and transparency campaigners.
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Two more assets hit the hot south-east sheds market
Bournemouth warehouse and Herts office-to-shed opportunity put up for sale.
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Firethorn Trust sells UK logistics portfolio to Cain International for £550m
Firethorn Trust has exchanged contracts to sell its UK logistics assets for £550m to Cain International, the privately held investment firm operating in the United States and Europe.
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Gove to scrap ‘radical’ planning reform
Housing secretary Michael Gove is set to scrap the “most radical proposals” from the 2020 planning white paper.
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Schroder REIT’s dividend returns to ‘pre-pandemic level’
Schroder REIT (SREIT) has said that its dividend payments have returned to “pre-pandemic levels”.
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AXA IM Alts raises €18bn in 2021
AXA IM Alts raised €18bn over the course of 2021 and has €8bn of development projects currently in the pipeline.
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Johnson pledges to ‘fast-track’ crackdown on illicit Russian property investment
Prime minister Boris Johnson has reportedly pledged to “fast-track” long-delayed legislation that would force the ultimate foreign owners of UK property to reveal themselves in response to Russia’s invasion of Ukraine.
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Gerald Eve serves up Hackney brewery
Gerald Eve has been appointed by Carlsberg Marston’s to market the London Fields Brewery in Hackney, London.
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Aviva and Allianz partner up for £500m of City office development
Aviva Investors and Allianz real estate have formed a joint venture to develop two offices in the City of London with a combined GDV of £500m.
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Hines preps third European value-add fund with €1.5bn target
Hines intends to launch its third European value-add fund with a €1.5bn target.
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Fortwell funds Jaynic’s latest Suffolk shed
Fortwell Capital has provided a £13.8m development loan to Jaynic for the construction of a new logistics unit at Suffolk Park, in Bury St Edmunds, Suffolk.
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Savills IM hires European living research head
Savills Investment Management (IM) has hired Adam Alari as Head of European living research.
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Brompton, Quinn Estates and Ashford council reveal plans for £140m Kent bike factory
Folding bike manufacturer Brompton has revealed plans to partner with Quinn Estates and Ashford Borough Council to develop a bike factory with a GDV of £140m on unused wetlands in Ashford, Kent.
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Hammerson completes £120m sale of Leeds shopping malls
Hammerson has completed the £120m sale of two shopping centres in Leeds with entities related to property investor Redical Holdings.
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Wells Fargo hires HSBC’s European real estate finance head
Wells Fargo has hired Nicola Free, HSBC’s European head of real estate finance, in a bid to expand its commercial real estate finance business in Europe.
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Westbury Mayfair Hotel signs £90m redevelopment agreement with Marriott
Westbury Mayfair Hotel’s owner Cola Holdings has signed a management agreement with Marriott International, which will see the building undergo a £90m redevelopment.
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Topland completes 191,000 sq ft West Midlands shed letting
Topland has let its Pinnacle 191 scheme in Smethwick, West Midlands, Property Week can reveal.
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Home Builders Federation proposes withdrawal from cladding fund
The Home Builders Federation (HBF) has said its members should withdraw from the government’s fund for remediating cladding on buildings taller than 18m as part of a package of proposals to the housing secretary.
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Bolton rejects Peel L&P’s £414m Ryder Cup golf course scheme
Bolton Council has overwhelmingly rejected Peel L&P’s plan to develop a £414m scheme at Hulton Park comprising a golf course that could host the 2031 Ryder Cup and 1,000 homes.
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GCP Co-Living REIT halts £300m IPO of The Collective’s former assets due to ‘Ukraine events’
GCP Co-Living REIT has halted its £300m initial public offering (IPO) of the assets of the collapsed co-living brand The Collective “in light of the events in Ukraine over the last 24 hours”.