All articles by Patrick Gower – Page 18
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British Land posts 4.9% NAV rise
British Land posted a 4.9% rise in net asset value this morning to 595p per share for the year, broadly in line with analyst expectations.
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Pharmaceuticals giant begins search for Thames Valley HQ
Healthcare and pharmaceutical company Allergan is hunting for a new headquarters in the Thames Valley, PropertyWeek.com can reveal.
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Investors circle Gazeley
Buyers pore over details of UK developer’s £300m of assets before deadline for bids closes at end of month
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AEW to target Thames Valley offices with £500m fund
Fund manager to buy secondary assets in Western Corridor for refurbishment
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Irish investor loses £134m portfolio fight
Receivers will shortly be appointed to sell a 47-property portfolio owned by one of Ireland’s most influential investors that was once valued at more than £200m.
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JLL retained by Proctor & Gamble
Jones Lang LaSalle has extended its facilities management contract with Proctor Gamble by another five years.
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CBRE wins prized Lloyds contract from JLL
Lloyds Banking Group has appointed CBRE to provide transactional advice across its 20m sq ft portfolio of offices and retail banks, as tipped by Property Week.
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Aberdeen poaches Henderson man as UK property chief
Aberdeen has poached a key director from its rival Henderson Global Investors to manage its UK property business.
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Rank in £205m Gala Casino deal
Rank Group has agreed to acquire Gala Casinos for £205m, creating the largest casino operator in the UK.
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Henderson to lay debt-heavy property fund to rest
Henderson Global Investors is to wind up its highly leveraged regional property fund, Caspar. The decision will result in the UK’s largest mixed portfolio sale for three years.
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DP World’s ship comes in at London Gateway
Port operator close to signing first occupier at £1.5bn Thames Estuary scheme
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Henderson to wind up property fund
Henderson Global Investors is to wind up its highly leveraged regional property fund, Caspar. The decision will result in the UK’s largest mixed portfolio sale for three years.
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BPF Conference: Courtauld laments UK banks
Great Portland Estates chief executive Toby Courtauld today criticised the banks for having unreasonable lending terms and said UK developers would continue to seek loans elsewhere.
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Goodman signs diamond deal in Harwell
Goodman has signed a deal with diamond manufacturing company Element 6 to build a £20m research and development centre in Oxfordshire.
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Two thirds support development, poll shows
Nearly two thirds of people support new development in their local area if it provides jobs and adequate affordable housing, according to research published today.
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Terrace Hill’s Asda to proceed following Co-op challenge
Terrace Hill’s development of an Asda supermarket in Skelton, East Cleveland, is to go ahead after a challenge by the Co-operative Group was dismissed.
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Former Lithuanian Embassy to go under the hammer
Acuitus is to offer 56 lots at its auction on 24 May, including the former Lithuanian Embassy at 84 Gloucester Place, London.
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Allsop raises €13m at Irish auction
Allsop Space raised just short of €13m at its Irish auction yesterday, as 98 properties went under the hammer.
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London & Stamford kicks off Project Isobel sale in Marlow
Property company to buy Avestus office block that is controlled by Blackstone
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JLL to shut auctions business
Jones Lang LaSalle is shutting its auctions business less than a year after it acquired the team through its merger with King Sturge.