Sinead Cruise
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- 020 7921 8574
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- scruise@cmpi.biz
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Henderson buys £88m Swansea retail park
Henderson Global Investors has exchanged contracts with Hammerson to buy Fforestfach Retail Park in Swansea at an initial yield of 3.96%. ...
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Green increases bid for M&S
Revival Acquisitions, the bid vehicle managed by retail tycoon Philip Green, has raised its bid to buy Marks & Spencer this morning. ...
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DTZ hails strong economy
DTZ today paid tribute to ‘more helpful economic conditions’ last year and the strong performance of overseas operations, as the group announced a 32% rise in pre-tax profits. ...
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Property and planning industries get invite from Ken
Mayor of London, Ken Livingstone, today invited members of the property and planning industries to enter the second annual London Planning Awards.
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Greenbank wins nod for £75m Leigh leisure complex
Wigan-based developer Greenbank Partnerships today announced it had secured planning permission to develop a £75m retail, sports and leisure complex in Leigh, Greater Manchester. ...
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LandSecs overhaul to follow Henderson departure
Land Securities is to undergo a management structure and strategy overhaul after group chief executive Ian Henderson steps down later this month, it was announced this morning. ...
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Northern Ireland debut for John Lewis store
John Lewis is to open its first department store in Northern Ireland at Chelsfield Stannifer's Sprucefield Park shopping park.
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Davis resignation prompts Sainsbury’s property review
Sainsbury’s property assets will come under scrutiny in a ‘thorough review’ of its business after chairman Sir Peter Davis announced his resignation with immediate effect.
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Moore accedes BPF presidency
Martin Moore, managing director of Prudential Property Investment Managers, has taken over as president of the British Property Federation (BPF). ...
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CWHB agrees fund management alliance
Cushman & Wakefield Healey & Baker today announced it had entered into an exclusive strategic partnership with investment management company Fountain Capital Partners.
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Regus mounts $300m bid for US rival
Regus, the serviced office provider, has confirmed it is in talks to buy its US sector rival HQ Global Workspaces for $300m (£190m).
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Quintain completes Greenwich contracts
Quintain Estates today announced it had completed all commercial contracts and planning agreements for the £5bn regeneration of 190 acres (77 ha) of land on the Greenwich Peninsula. ...
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M&S resists second Green bid
Marks & Spencer has fought off a second take-over bid from billionaire Arcadia chief Philip Green, it was revealed this morning. ...
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Lipton to resign as CABE chairman
Sir Stuart Lipton, chairman of the Commission for Architecture and the Built Environment (CABE), has announced his resignation from the post. ...
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MWB sells £73m interest in Marble Arch Tower
Marylebone Warwick Balfour (MWB) today announced it had sold its 86-year leasehold interest in the Marble Arch Tower in the West-End for £73.55m.
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Trillium agrees Norwich Union outsourcing deal
Land Securities Trillium today announced it had agreed a 25-year property outsourcing deal with Norwich Union involving more than 1.2m sq ft (115,500 sq m) of office space. ...
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Mosler to be Cushman & Wakefield chief
Cushman & Wakefield today announced that Bruce Mosler would take over as president and chief executive officer after Arthur Mirante steps down from the role at the end of the year.
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LandSecs and Delancey in £270m retail JV
Land Securities and Delancey have teamed up to create a £270m London retail joint venture.
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Halladale JV for £100m Cumbernauld scheme
Halladale, the property trading and development company, today announced it had teamed up with private equity firm Carlyle Group in a £100m 64-acre (26 ha) joint venture. ...
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Simmons is appointed new CABE chief executive
The Commission for Architecture and the Built Environment (CABE) today announced the appointment of Richard Simmons as its new chief executive.