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Mace sells PBSA portfolio for £157.5m
The development arm of construction company Mace has sold part of its student accommodation portfolio to Ares Generation for £157.5m.
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Abolish broken business rates system
Editor: There has been much discussion in the commercial real estate (CRE) sector about business rates recently, including a number of articles in Property Week .
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Variety will be spice of high street life
Editor: Liz Hamson’s ‘Reset or RIP for retail?’ leader is a stark reminder of the fight for survival that is raging on. Trying to find optimism, this may be a once- in-a-lifetime chance to press reset and totally rethink the way these places and assets work.
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CBRE appoints Ireland cap markets director
CBRE has appointed Christian Judd as a director in its capital advisors team in Ireland.
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Retail and industrial tops private investor wish list, says Allsop
The majority of property investors are looking to put their money into industrial and retail assets in the UK in 2021, according to Allsop’s commercial market survey.
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Private capital ‘undeterred’ by pandemic
Private capital has been undeterred by the Covid-19 pandemic, with the volume invested globally hitting $232bn (£164bn) in 2020, according to a Knight Frank’s Wealth Report 2021.
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Colliers announces project management team lead for the North
Colliers has promoted Jonathan Stirzaker-Philips to lead the Project Management team for the north of England.
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City of London Corporation approves British Land’s 38-storey City tower
The City of London Corporation has greenlit British Land’s and GIC’s 38-storey development at 2 Finsbury Avenue, making it the third tall building to receive planning permission in the Square Mile in 2021.
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New tenant signs at Imperial College’s White City Campus
ADC Therapeutics has become the latest occupier to snap up space at Imperial College’s White City Campus in West London.
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Premier Inn to open five seaside hotels
Whitbread is set to open five new Premier Inn hotels over the course of this spring and summer to capitalise on consumers pent up demand for domestic holidays.