All articles by Richard Williams – Page 5
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OnlineHelical posts 6.3% NAV growth in strong results
Helical has reported a rise in net asset value (NAV) of 6.3% this year as it continues its focus on London and Manchester office development.
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OnlineArcadia to close 23 stores as part of CVA
Sir Philip Green’s Arcadia Group plans to close 23 UK store as part of its much mooted company voluntary arrangement (CVA).
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OnlineValor buys London warehouse at 3.5% yield
Valor Real Estate Partners has bought a Booker-let warehouse in Acton, west London, from Schroder REIT (SREIT) for £18.9m, and a net initial yield of 3.5%.
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OnlineC&W hires Asda director as head of retail
Cushman Wakefield has appointed Asda retail strategist Paul Durkin as head of UK retail.
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OnlineOakNorth provides loan for Aldgate resi scheme
OakNorth has provided a £16.5m property development finance facility to private investment office WMG for the development of a new residential-led mixed-use 17-storey building in Aldgate, London.
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OnlineAberdeen Standard sells Scottish retail park
Corum Asset Management has acquired East Kilbride Retail Park from Aberdeen Standard Investments for £12.25m.
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OnlinePalm Capital signs trio of deals in Reading
Palm Capital has signed three leasing deals at Abbey Gardens, its 150,000 sq ft office scheme in Reading.
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OnlineLondon office development highest level in three years
The construction of new offices in central London is at its highest level in three years, according to Deloitte Real Estate’s latest London Office Crane Survey.
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OnlineHelical and AshbyCapital buy development site in Farringdon
Helical and AshbyCapital have acquired a major development site in Farringdon in a 50:50 joint venture.
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OnlineOctopus to build care home at Blythe Valley Park
Octopus Real Estate has exchanged contracts with IM Properties to purchase a 1.4 acre site in the Blythe Valley Park development and plans to build an 80-bed care home.
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OnlineSports Direct sells HQ for £120m
Mike Ashley’s Sports Direct has agreed a deal to sell its headquarters and distribution centre for £120m in a sale-and-leaseback deal.
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NewsDisruptive tech takes centre stage at industrial conference
Four key takeaways from Property Week’s Industrial & Logistics Conference and Showcase last week
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NewsHenley Bartra JV pays €125m for two Irish business parks
Joint venture purchases Citywest Business Park and Cork Airport Business Park in its biggest deal yet
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OnlineSevenCapital buys PDR building in Bracknell
Clearbell Capital has sold One Thames Valley, in Bracknell, to SevenCapital for £12.8m.
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OnlineEdmond de Rothschild launches AI-driven property fund
The Edmond de Rothschild group and its subsidiary, OROX Asset Management, have launched a new fund that uses artificial intelligence to identify the most attractive investment opportunities in key European cities.
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OnlineToys 'R' Us Croydon store sold after legal dispute settled
Legal dispute over the old Toys ‘R’ Us portfolio has been settled, allowing sale of 24 stores.
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OnlineCapitalRise secures £30m funding
CapitalRise, the specialist lender for prime residential developers, has secured a £30m funding line from a major financial institution.
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NewsVF Corporation to pre-let Midlands distribution centre
The US fashion giant is expected to take a 579,000 sq ft unit at Mountpark Bardon on a build-to-suit basis
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NewsGoldman Sachs backs Auriens scheme
Auriens has secured a £185m debt facility from Goldman Sachs to fund the development of a luxury retirement living scheme in Chelsea, west London.
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OnlineBrockton sells Guernsey offices for £60.65m
A fund advised by Brockton Capital has completed the sale of the freehold investment of Martello Court and Dorey Court in Guernsey to an overseas investor for £60.65m, reflecting a net initial yield of 6.40%.
