Bridget O’Connell
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UGL steps into the void to rescue ailing DTZ
Australian services giant UGL has until 6 December to make a formal proposal to rescue embattled DTZ.
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Prime yields lower
Prime yields for unit shops, market towns and small market towns softened by 25 basis points in October.
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Values show slight rise
UK property values grew 0.1% in October, contributing to total returns of 0.6% for the second month running, says CBRE.
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Standard Life and Helical bar in Polish retail project
Standard Life Investments and Helical Bar to co-develop the Europa Centralna retail park in Gliwice, Poland.
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LandSec upbeat on lettings as NAV rises by 4.5%
LandSec’s development value growth of 6.6% boosts total portfolio to £10.8bn
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Capco secures £300m refinance
Capital & Counties has secured £300m of debt to extend a Covent Garden loan that was to mature in 2013.
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SEGRO commits to ‘reshaping’ its portfolio
Industrial giant to shed offices as part of overhaul, selling holdings outside London and the South East
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GPE’s ‘fleet of foot’ approach
Great Portland Estates’ ‘fleet-of-foot’ approach means it is well placed to capitalise on an impending supply crunch in London.
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LandSec names Rauch to board
Land Securities has appointed McKinsey & Co director emeritus, Stacey Rauch, as a non-executive director.
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NAV rise for LandSec
Land Securities posts a 4.5% rise in NAV to 863p a share in a ‘slightly better than expected’ set of half-year results.
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Standard Life joins Helical in Poland
Standard Life Investments has teamed up with Helical Bar to develop the Europa Centralna retail park in Gliwice, Poland.
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GPE delivers 5% NAV rise
Great Portland Estates has delivered a 5% rise in NAV and announced the sale of a £27m portfolio to Hermes Real Estate