All articles by Nick Johnstone – Page 18
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Online
WELPUT hires agents to seek £200m Midtown partner
The West End of London Property Unit Trust has instructed advisers to seek a joint venture partner to buy a majority stake in its New Court scheme in London’s Midtown, Property Week can reveal.
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Online
Ronson secures £170m residential debt deal
Ronson Capital Partners, the investment firm established by Gerald Ronson and Jonathan Goldstein, has confirmed it has secured £170m of development finance to fund its central London residential riverside development, Riverwalk in Westminster.
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Online
CBRE signals “largest development surge in a generation”
The sustained dearth of shopping centre development in Great Britain is finally over, according to CBRE.
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Online
Valad offloads Worcester shed
Valad Europe has sold a 200,000 sq ft distribution warehouse in Worcester to the occupier, Wolseley UK Limited.
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Online
Hope for landlords after fresh empty rates ruling
Following a landmark decision by the high court, landlords have a new opportunity to avoid extensive business rates on empty commercial premises – through the use of Bluetooth messaging.
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Online
LXB to sell £100m of Greenwich property
LXB Retail Properties has agreed to sell more than £100m of properties in Greenwich, south-east London, largely to clients of Aberdeen Asset Management.
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Online
Co-op Bank explores loan sales
The Co-operative Bank has confirmed that it is setting up a division to explore the possibility of selling loans as part of a deleveraging process designed to plug a £1.5bn black hole in its finances.
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Online
Hope for landlords after fresh empty rates ruling
Following a landmark decision by the high court, landlords have a new opportunity to avoid extensive business rates on empty commercial premises – through the use of Bluetooth messaging.
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Online
Co-op Bank explores loan sales as focus shifts away from property
The Co-operative Bank has confirmed that it is setting up a division to explore the possibility of selling loans as part of a deleveraging process designed to plug a £1.5bn black hole in its finances.
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News
Oaktree and Moorfield conduct Barbirolli buy
First-time joint venture to spend more than £40m on Manchester office block.
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News
Marcus Cooper plans £200m jewel in Regent’s Park Crown
Developer takes leases from Crown Estate in bid to create one of UK’s most expensive residences.
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Insight
UBS sells 380,000 sq ft City development opportunity
AlloyMtd Group, a leading Asian infrastructure conglomerate headquartered in Kuala Lumpur, has today announced that it has completed on the purchase of the strategic and landmark freehold of UBS’s development site at One Crown Place, London, EC2, located in Central London.
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Online
Europa Capital announces Windsor sale
Europa Capital has announced that the joint venture between Europa Fund II and St Congar Properties Ltd has sold its freehold interest in Imperial House, 67 Alma Road, Windsor to NFU Mutual Insurance Society Ltd for an undisclosed price.
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Online
Joint venture partner sought for £260m "Tech City" tower
Tom Appleton’s Rocket Investments has instructed CBRE to find an equity partner for its £260m residential-led Crown House development near Shoreditch’s Silicon Roundabout.
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Online
Co-op, Delancey and Landid abandon £800m Manchester talks
The Co-operative Group is no longer pursuing talks with Delancey and Landid to set up a joint venture to develop millions of square feet of mixed-use space to the north of Manchester city centre, Property Week can reveal.
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Online
Peel signs gaming company at MediaCityUK
International Game Technology has taken 12,600 sq ft of office space at The Peel Group’s Quay West at MediaCityUK.
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Online
Reshuffle at CBRE Global Investors’ UK division
CBRE Global Investors, the real estate investment firm, has announced the appointment of Jean Lamothe as head of value add investments for the EMEA region, alongside a new UK chief.
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Online
Alarm over huge London housing supply shortfall
Demand for housing in London will outstrip supply by 48% over the coming decade, according to research published by Knight Frank.
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Online
JP Morgan and Bank of China in £310m British Land debt deal
British Land has today confirmed that a new five year revolving credit facility has closed at £310m, and that its lenders include Bank of China and JP Morgan.
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Online
Knight Frank sounds alarm over massive London housing supply shortfall
Demand for housing in London will outstrip supply by 48% over the coming decade, according to research published by Knight Frank.