All articles by Rachel Hunter – Page 11
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Insight
Rates of attrition
Business owners up and down the country are being hammered by the ever-increasing burden of business rates. Rachel Hunter and Sarah Townsend report. Photograph by Stephen Parker
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Online
First stage of £25m Waterloo revamp complete
The first stage of a £25m redevelopment project at London’s Waterloo railway station completed today, with a new balcony and escalators easing congestion for 300,000 daily passengers.
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Online
Morrisons helps fund Romford leisure centre
A new leisure centre will be built in Romford following a ‘land-swap’ deal between supermarket chain Morrisons and the London Borough of Havering.
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Online
First tenant under offer at The Walbrook
Insurance firm Arthur J Gallagher Co is under offer to become the first tenant at The Walbrook building in the City of London.
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Online
Jon Hunt's £34.5m Victoria Street sale
Ocubis, the property investment business run by Foxton founder Jon Hunt, has sold 77-95 Victoria Street to a high net worth overseas investor for £34.5m, resulting in a net initial yield of 5.47%.
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Online
Helical Bar returns to profit
Helical Bar returned to profit last year, but saw its net asset value decline by £1.7m.
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News
Pioneering low-carbon trust signs green-friendly Winton
Hedge fund to pay £35/sq ft for 60,000 sq ft in Hammersmith, proving sustainability can also be profitable
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Markets
Stringent financial controls leads to City portfolio squeeze
Reforms mean banks must cut costs and seek more efficient space. Rachel Hunter reports
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Online
Stanhope terminates Stevenage regeneration scheme
Stanhope and ING Real Estate have pulled out of their agreement with Stevenage Borough Council for a £250m regeneration project in Stevenage town centre.
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Online
Arcadia heads to Swansea retail park
The Crown Estate has secured Arcadia’s Outfit concept as its first new letting at Morfa Shopping Park in Swansea, south Wales.
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Online
BCO 2012: Supply/demand mismatch may stunt UK growth
A new report out today from Centre for Cities and the British Council for Offices shows a disparity between where offices are needed in the UK and where they are being built.
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Online
Sales soar at Young's after brewery arm disposal
Pub group Young’s unveiled a 25.5% rise in revenue to £179m this morning, while adjusted profit before tax also shot up 17.4% to £21m.
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Online
Mothercare confirms store closures as UK sales drop 4.6%
Mothercare has confirmed plans to shut 111 UK stores by 2015, after a poor UK performance hit profits last year.
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Online
Burberry to grow stores as sales and profits jump 24%
Burberry has reported a 24% leap in total revenue to £1.9bn and plans to open 15 stores in the next year.
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Online
Rossopomodoro signs fifth UK site
Italian restaurant chain Rossopomodoro has secured its fifth UK location on Rufus Street, near London’s Hoxton Square.
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Online
Redefine wins Harrow consent
Investor Redefine International received planning consent last night from Harrow Borough Council for a residential-led, mixed use scheme in Harrow town centre.
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Online
Asos signs deal for Emap HQ
Asos has today signed a deal to take Emap’s 100,000 sq ft headquarters at Greater London House, more than doubling the space it currently occupies in the building.
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Online
MWB sells Bistro du Vin sites
MWB Group has sold its two Bistro du Vin restaurants in London to the growing Burger and Lobster restaurant chain for £1.2m.
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Online
Cushman leisure head joins Dubai investor
Chris Warren, head of leisure and restaurants at Cushman Wakefield, is leaving the firm to join a Dubai investment company.
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Online
Buddha-bar returns to the UK
Global bar brand Buddha-bar is set to relaunch in the UK after buying the 11,000 sq ft Chicago Rib Shack site in London’s Knightsbridge for close to £1.5m.