All Weekly news articles – Page 5
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OnlineBlackstone swoops for Gramercy in £5.6bn deal
Blackstone has agreed a $7.6bn (£5.6bn) deal to buy Gramercy Property Trust.
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NewsSchroders checks in to hotel market with Algonquin buy
Acquisition of Algonquin gives the fund manager a portfolio of 43 pan-European hotels worth €1.8bn.
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OnlinePatron-backed Vine buys Laine pub chain
Vine Acquisitions, backed by Patron Capital and May Capital, has acquired The Laine Pub Company in partnership with the Laine management team.
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NewsWeWork bond issue reveals $933m loss
Issue documents raise questions about co-working pioneer’s business model.
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NewsMaven set to launch first property fund
Following the initial fundraise, the firm will look to convert to a £100m REIT.
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OnlineThe Commercial Park Group gets green light for 60,000 sq ft redevelopment
The Commercial Park Group has secured planning consent for phase two of its Gatwick Park business hub in Crawley.
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OnlineSainsbury's vows to cut prices but not stores after Asda merger
The owners of Sainsbury’s and Asda have vowed to continue to operate their full estate of 2,800 stores across the UK having agreed terms for a merger deal.
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NewsL&G launches affordable housing division
Legal General has created a new wholly-owned affordable housing provider which aims to deliver 3,000 homes per year within the next four years.
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NewsDelancey explores options for 60% db symmetry stake
Investor mulling bringing in partner to provide capital injection or selling its stake in industrial developer.
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NewsTristan markets Westside office campus in Hemel Hempstead for £63m
Tristan Capital Partners has put the Westside office campus in Hemel Hempstead up for sale, Property Week can reveal.
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NewsCapitaLand to plough £2.5bn into UK BTR, hotels & serviced apartments
Singaporean real estate giant CapitaLand is looking to make its UK build-to-rent (BTR) debut and splash out up to £2.5bn on UK assets in the next five years, Property Week understands.
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OnlineFA in talks over £800m sale of Wembley Stadium
The Football Association has confirmed they are in talks with Fulham FC owner Shahid Khan over the sale of Wembley Stadium for a reported £800m.
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OnlineAggressive US hedge fund takes aim at Hammerson
American vulture hedge fund Elliott has revealed it has snapped up a 1.5% stake in Hammerson, sparking speculation its founder Paul Singer is seeking a shake-up in the board’s strategy and management.
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OnlineUS investor makes UK debut with King William St buy
Beltane Asset Management and Angelo Gordon have exchanged contracts for the sale of 24 King William Street to an American investor client of Ella Valley Capital in an off-market transaction, Property Week can reveal.
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NewsHammerson resurrects huge Birmingham scheme
Hammerson has revived plans for a huge development in Birmingham, as it sets out its strategy following the collapse of its £3.4bn takeover of intu.
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OnlineHammerson ditches £3.4bn intu takeover
Shopping centre giant Hammerson has ditched its £3.4bn takeover of rival intu, citing the weakness of the current market.
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NewsCouncils spend £3.8bn on commercial property in five years
Councils spent £3.8bn on commercial property between 2013 and 2017, according to a new report by retail membership body Revo and consultancy Carter Jonas.
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NewsCarpetright to close 92 stores
Carpetright plans to close 92 stores as part of its proposed company voluntary arrangement (CVA), which creditors and shareholders will now be asked to vote on at the end of this month.
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NewsEssel chairman discusses plans for Silvertown
Indian group hopes to make UK property debut with 14-acre cultural destination
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NewsPrologis strikes deal for Croydon scheme
US developer acquires 10 acres from Thames Water for around £3m per acre.
