All articles by Nick Johnstone – Page 7
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Online
Osborne in Beijing heralds £800m Argent scheme for Manchester
Chancellor George Osborne is expected to announce today that Manchester Airports Group has agreed a joint venture agreement with Beijing Construction Engineering Group, Carillion PLC and the Greater Manchester Pension Fund in relation to the development of the £800 million Airport City project at Manchester Airport.
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News
Lord’s discord intensifies
The former chairman of Rolls-Royce has warned that Marylebone Cricket Club, the body that sets the rules of cricket and owns Lord’s, could be sold as a result of “growing resentment and scrutiny” among its members about expansion proposals for the “Home Of Cricket”.
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Insight
West London gets its groove back
A once-abandoned record factory in west London is buzzing with plans for high-tech manufacturing, homes, leisure - and new funding from the mayor and M&G Investments. Owners Cathedral Group and Development Securities gave Nick Johnstone a tour
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News
US and Saudi £200m push into UK private-rented sector
Atlas Residential and Ghassan Holding Group plan pipeline of 1,000 units over next 12 months
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Online
Cushman & Wakefield hires LSH City development associate
Cushman Wakefield has hired George Edwards to work as an associate in its London development team.
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Online
Intu buys 800,000 sq ft mall and plans new REIT
Intu Properties and Canada Pension Plan Investment Board are together buying Parque Principado Shopping Centre in Oviedo, Spain, for €141.5m, as part of a wider plan to increase its investment in Spain, including exploring the creation of a Spanish REIT.
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Online
Sheffield City Council reveals revised plan for New Retail Quarter
Sheffield City Council said today that it had been approached by several companies regarding the city’s emerging New Retail Quarter, after Hammerson pulled out of the scheme earlier this year.
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Online
Cala delivers record profits for Patron and L&G
Upmarket house builder Cala Group has announced a 37% increase in profits and a slight dip in revenues in its first full-year results since being taken over by Patron Capital Partners and Legal General Property.
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Online
Intu buys 800,000 sq ft Spanish mall and plans new REIT
Intu Properties and Canada Pension Plan Investment Board are together buying Parque Principado Shopping Centre in Oviedo, Spain, for €141.5m, as part of a wider plan to increase its investment in Spain, including exploring the creation of a Spanish REIT.
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Online
Almacantar's £500m Shell Centre play
Almacantar is in discussions to invest in the Shell Centre redevelopment in what would be the biggest deal in the South Bank’s history.
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Insight
Podcast: "I was no longer that chap in retail. I was everybody’s boss." JLL UK chief Grainger confides
Jones Lang LaSalle UK chief executive Guy Grainger and former Grosvenor chief Stephen Musgrave joined presenter James Max in this month’s Property Week podcast.
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Online
Podcast: "I was no longer that chap in retail. I was everybody’s boss." JLL UK chief Grainger confides
Jones Lang LaSalle UK chief executive Guy Grainger and former Grosvenor chief Stephen Musgrave joined presenter James Max in this month’s Property Week podcast.
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Online
Agents instructed on £400-450m Mayfair sale
Agents have been instructed on the sale of Devonshire House, a freehold office building above Green Park station, following a competitive pitch.
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Online
Comptoir Libanais signs with Cadogan
Comptoir Libanais has agreed to open on Duke of York Square in London’s Chelsea.
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Online
Marketers move makes Lever Street Hive of activity
Joint venture partners Argent and Manchester City Council have announced digital marketing agency Online Ventures is to move into 4,235 sq ft on the fourth floor, on a five year lease, at The Hive on Lever Street.
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Online
Development Securities in Southwark play
Development Securities has secured an option to buy an outdated office block next to Southwark tube station in London, paving way for a larger-scale office redevelopment.
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Online
Agents to sell 81,000 sq ft City refurbishment opportunity
Agents at DTZ have been instructed to sell Princess House in the City of London, an 80,521 sq ft office building owned by a private investor.
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Online
Unite jumps on bond bandwagon with £90m offering
The Unite Group is becoming the latest listed property company to raise cash through the bond markets, offering £90m of convertible bonds due in 2018 in order to fund its regional development programme.