Alex Horne
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Thames Valley sees surge in take-up
Take-up in the Thames Valley office market rose 8% in the first quarter of the year to around 485,000 sq ft, compared with 397,206 sq ft in Q4 2014.
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Labour pledges £30bn to regions
Labour’s business manifesto, revealed this week, includes a pledge to devolve £30bn to cities and counties to promote regional development
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Labour pledges to cut business rates
Labour’s business manifesto commits the party to cutting and freezing business rates for smaller firms, as well as keeping corporation tax the lowest in the G7.
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Kingfisher to close 60 B&Q stores
FINANCE: Kingfisher will be closing 60 B&Q stores in the UK and a “few” loss making stores in Europe, the company has said
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First tenant at Two St Peter’s Square
EY has leased three floors at Two St Peter’s Square in Manchester
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Board shake-up at Grainger
Andrew Cunningham, chief executive of Grainger, is to retire at the next AGM in February 2016
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DIO appoints development manager for Ashchurch site
The Defence Infrastructure Organisation has appointed VINCI St Modwen, a joint venture between VINCI and St Modwen Properties, as development manager for MoD Ashchurch.
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Knight Frank head of hotels steps down
Dominic Mayes, head of hotels at Knight Frank, has retired.
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WELPUT gains £162m investment
An international institutional investor has committed £162m to central London office trust WELPUT, taking advantage of the recent redemption window.
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Rockspring in Euro Retail Park buy
Rockspring has acquired Euro Retail Park in Ipswich from Helix Property Advisors for £47.5m
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Four sign for Old Market
Four new retailers have taken space at British Land’s 310,000 sq ft Old Market shopping centre in Hereford
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AXA Real Estate Management buys 63 St Mary Axe
AXA Real Estate Investment Managers has bought 63 St Mary Axe, EC3, from Rockspring for £70m.