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All News articles – Page 22
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NewsSt Modwen Park Broomhall set for expansion as two new leases signed
St Modwen Park Broomhall in Worcester is set for expansion after planning permission was secured for an extra 72,000 sq ft of warehouse space and two businesses signed new leases on the industrial park.
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NewsCLAS acquires London and Dublin hotels for £300m to ‘capitalise on travel recovery’
Singaporean real estate investment manager CapitaLand Ascott Trust (CLAS) has acquired The Cavendish London hotel and Temple Bar Hotel in Dublin, and a serviced residence in Jakarta for a combined price of S$530.8m (£306.5m).
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NewsAvant Homes appoints James as land director
Ashley James has joined housebuilder Avant Homes West Midlands’ senior management team as land director.
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NewsInflation fall welcomed but lenders must ‘double down on a proactive approach’
The UK headline inflation rate has dropped to 6.8% in the year to July, according to data from the Office for National Statistics, which should “allow some positivity to permeate back into the property and lending markets” for now.
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NewsGerald Eve announces raft of promotions
Property consultancy Gerald Eve has announced a number of new senior promotions and appointments across the business.
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NewsZorin provides MCR with £48m refinancing deal
Real estate investor developer MCR Property Group has secured a £48m refinancing deal with Zorin Finance.
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NewsHans Zimmer and partners buy iconic BBC Maida Vale studios
The BBC has sold its Maida Vale recording studios to a partnership led by Oscar-winning film score composer and music producer Hans Zimmer.
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NewsStonewater acquires 370 homes in the South East
Social housing provider Stonewater has acquired 370 homes in Oxfordshire and Berkshire from Metropolitan Thames Valley Housing (MTVH) in a stock transfer.
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NewsProfit boost for LGC as specialist property outperforms wider market
Legal & General Capital (LGC), L&G’s alternative asset platform, has posted a 13% rise in profits to £296m for the half year to 30 June.
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NewsRival discount retail giants consider Wilko swoop following administration
Rival discount retail giants are reportedly considering swooping in to acquire Wilko after it collapsed into administration.
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NewsLendlease recladding costs jump to more than £150m
Australia-based property and construction giant Lendlease has increased provision for the cost of recladding legacy buildings to meet the latest fire safety requirements in the UK by almost 50% to around £150m.
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NewsPanattoni gets green light for 200,000 sq ft speculative logistics scheme in Crawley
European logistics giant Panattoni has secured planning consent for a 200,000 sq ft speculative logistics development in Crawley.
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NewsPicture Living gets £23m for two single-family rental schemes in Essex
Fund management business PfP Capital is to invest £23m on behalf of Picture Living to forward-fund two single-family rental residential schemes in Essex.
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NewsValor agrees to pay £146m for Lothbury's west London industrial estate
Valor Real Estate Partners has agreed terms to buy the Tera 40 industrial estate in Greenford, west London from Lothbury Investment Management for around £146m.
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NewsCBRE appointed to sell UK cinema portfolio
CBRE has been appointed to sell a portfolio of eight cinemas comprising two luxury boutique Tivoli cinemas, five multiplex cinemas and one standalone cinema.
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NewsInvestec provides £122m development loan for Unilever’s new HQ
Investec Real Estate has provided private equity real estate firm LCN Capital Partners (LCN) with a £122m development loan for Unilever’s new global headquarters in Kingston upon Thames.
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News‘National scandal’ of The Crooked House pub fire rages on
Confusion and anger continue to surround The Crooked House in Staffordshire after the popular historic pub was gutted by fire and later demolished, sparking a national debate about the protection of heritage buildings.
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NewsKnight Frank adds Anderson to life sciences team
Knight Frank has expanded its life sciences and innovation team with the appointment of Ben Anderson as an associate.
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NewsBrookfield urges Center Parcs bidders to form consortium to buy business
The owner of the Center Parcs UK holiday villages is negotiating with the three remaining bidders for the business – GIC, Antin Infrastructure Partners and KSL Capital Partners – in the hope they will form a consortium to buy it after no formal offers were made by the second-round bid ...
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NewsStonewater secures £200m investment for affordable and lower-carbon homes
Housing association Stonewater has secured £200m in funding from Lloyds Bank to support its ongoing development programme.
