All articles by Rhiannon Curry – Page 10
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NewsVarnham leaves Pradera after six years for ‘another challenge’
Retail property veteran Neil Varnham has left his role as managing director at fund and asset manager Pradera.
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NewsNew Wood Group HQ goes on sale for £83m
One of Scotland’s largest offices is to be sold following a huge letting to oil and gas services company Wood Group last year.
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NewsPing An launches $1bn tie-up with Blumberg to invest in US
Chinese insurance firm Ping An has launched a $1bn (£650m) investment mandate with US property fund Blumberg Investment Partners (BIP) to invest in the American real estate market.
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Kikki K store to open in London’s Covent Garden
Australian stationery brand Kikki K has agreed a deal for its first European store in London’s Covent Garden.
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OnlineO’Flynn’s Tiger relaunches
Tiger Developments and Victoria Hall Management has relaunched its UK business after buying a series of assets from Blackstone.
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Lender takes control of Union Hanover Group after MBO fails
Guernsey-based lender Real Estate Debt Securities (REDS) has taken control of the Guernsey-based Union Hanover Group after a proposed management buy-out of the company fell through.
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Online€420m hotel portfolio sold
A joint venture between private equity real estate fund managers Benson Elliot and Walton Street Capital, in partnership with hotel group Algonquin, has acquired a pan-European hotel portfolio for €420m.
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OnlineNew hotel planned for Leeds
Town Centre Securities (TCS) has received planning permission from Leeds City Council for the development of a 134-room Ibis Styles Hotel and 4,000 sq ft Marco Pierre White restaurant at the Arena Quarter in Leeds.
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OnlineSt Modwen submits plans for Coventry
Regeneration specialist St Modwen has submitted a planning application to Coventry City Council for 137,000 sq ft of employment space at Whitley Business Park.
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European returns in 2015 set to be highest since 2006
European commercial property is set to deliver total returns of 19% this year, the highest since 25% was recorded in 2006, according to latest forecasts from Cushman Wakefield.
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OnlineByron opens first Scottish outlet
Burger restaurant Byron will open its first restaurant in Scotland at Hammerson’s Union Square shopping centre in Aberdeen.
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OnlineJLL reports fee revenue jump
JLL has reported strong growth in fee revenue and profits in the third quarter.
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Land next to Irish retail park hits market
The final remaining section of undeveloped land in Ireland’s most successful retail park, The Park, Carrickmines is to be sold for a guide price in excess of €45m.
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Grainger adds to PRS portfolio
Residential property owner and manager Grainger has acquired a property portfolio of 112 private rented sector (PRS) units for around £10.4m.
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Knight Frank promotes 96
Knight Frank has promoted 39 of its staff to salaried partner and 57 people to associate.
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Out-of-town shopping centres show steep growth
The UK’s out-of-town shopping centres saw their value soar by 6% in the third quarter of this year, marking the second steepest increase since 2000, according to the latest figures.
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OnlineMayfair office sells for sub-2% yield
Blackstone has sold a Mayfair office building to a private European investor advised by Crossland Otter Hunt for £38m – with the price reflecting an unprecedented 1.86% yield.
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OnlineCoach upsizes Regent Street store
Luxury accessories retailer Coach has agreed a deal with fashion brand Jaeger and The Crown Estate for the assignment of the lease on Jaeger’s Regent Street store.
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Cadogan seals letting for 39 Sloane Street
Start-up hedge fund Trispan Investments has agreed a deal for a new office in London’s Sloane Street.
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NewsBNP Paribas Real Estate hires Hamilton for global retail role
Long-standing retail agent Fiona Hamilton has been hired by BNP Paribas Real Estate as the firm’s global head of retail for international brands.
