Bridget O’Connell
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Borders announces further UK expansion plans
Book seller Borders has announced plans to open superstores in three market towns, and develop two further stores in Cardiff. Newbury, Southampton and Milton Keynes will all get their first…
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North West helps Langtree achieve record profits
The North West division of commercial property developer Langtree Group has achieved record growth, contributing to overall Group profits of £13.8m, up 48% on the previous year.
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Go-ahead for £35m East London residential scheme
Newham Borough Council has granted planning consent for a £35m residential-led development at Stratford High Street, East London. The 1.5-acre scheme, on the edge of the proposed Olympic park, comprises…
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LandSec plans new City tower
Land Securities has submitted plans for a new tower at 20 Fenchurch Street, EC3, in the City of London. LandSec plan to replace an existing tower with a new 630…
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Crown Estate buys Brum ‘Golden Triangle’ building
The Crown Estate has acquired a 22,747 sq ft building located in Birmingham’s ‘Golden triangle’ for £21.75m. The deal with vendor CCLA Investment Management, on behalf of The Local Authorities’…
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F&C acquires Augustine house, EC2 for £17m
F&C Property Asset Management has purchased the 29,000 sq ft Augustine House from Royal London Asset Management for £17m, reflecting a net initial yield of 6.15%.
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Tishman continues Paris spree with Lumiere buy
Tishman Speyer has bought Paris’ Lumière office building, in a deal representing the largest single building transaction in the French capital this year.
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Plymouth beats Olympic plans to RTPI award
Plymouth Council’s local plan has beaten 97 entrants including the Olympic Bid to win the Royal Town Planning Institute’s (RTPI) highest award for planning in the UK.
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Durkan acquires former RMA site at Woolwich
The Durkan Group has paid more than £15m for the 200-year old Royal Military Academy (RMA) site at Woolwich. The 21-acre south east London site, sold by Defence Estates, has…
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EP selects Redrow for Devonport scheme
English Partnerships has selected Redrow Homes from a shortlist of five bidders to regenerate the 18-acre South Yard Enclave in Devonport, Plymouth.
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PREF makes first major purchase in France
PREF, a specialist European retail warehouse fund, has made its first major purchase in France. It has just completed the acquisition of a retail development near Paris from SCI Epicure…
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RICS reports positive outlook for UK offices
The latest edition of the RICS commercial property survey has reported the biggest increase for nine months in demand for offices in the final quarter of 2005.