Alex Horne
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LPFA enters alt credit market
FINANCE: The London Pensions Fund Authority (LPFA) is to enter into the alternative credit market after appointing Apollo Global Management to invest £150m in alternative investment.
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Reynolds appointed shadow communities secretary
Emma Reynolds has been appointed shadow secretary of state for communities and local government
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Chancerygate buys West London sites
Chancerygate has bought two sites in west London for around £5m as part of its £100m development programme
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LondonMetric hires ex-Tesco asset manager
LondonMetric has appointed Sam Pringle as an asset manager for its distribution portfolio
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Refurb set for Royal Exchange
Trinistar Manchester has secured planning consent to carry out a major refurbishment of The Royal Exchange in Manchester city centre
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Epic UK buys 1 Linear Park
Epic UK has acquired the freehold of 1 Linear Park, Temple Quay, Bristol, for £17.34m, reflecting a net initial yield of 6.15%
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Carter Jonas wins Oxford Science Park mandate
Carter Jonas has been retained for work relating to the Oxford Science Park
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£75m Salford resi scheme gets OK
Buy-to-let developer Knight Knox has received planning permission for a £75m residential scheme in Salford, greater Manchester
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Goodman to sell Bracknell office block for £31m
Strutt & Parker has been appointed by Goodman to sell 5 Arlington Square in Bracknell, Berkshire, for £31.3m, representing a 7.25% yield.
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White City regen a step closer
St James’s plans for the development of a 1,500-home scheme on the site of an M&S shed in White City, W12, have been recommended for approval
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Lloyds set for Poseidon adventure
Lloyds Bank is preparing to sell €4bn (£2.5bn) of loans secured against Irish real estate
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Northampton sees record shed rent
Clipper has taken a 340,000 sq ft industrial shed at Prologis’ Grange Park in Northampton at a rent of £5.90 per sq ft