Chris Berkin
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Sainsbury’s £92m development write-down
Sainsbury’s has undertaken a review of its property pipeline, resulting in a £92m land impairment from shelved developments.
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Leeds to top office take-up record
Office take-up in Leeds is set to break the all-time record set in 2004, according to Knight Frank.
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Dowley Turner hires Savills’ Bray
Dowley Turner Real Estate has hired Savills office associate director Johnny Bray to stake out a claim in the southern office market
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Picton profit dips
Property investor Picton has announced a dip in rental income and income profit after tax for the half-year to 30 September
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Crickhowell House offered for £40m
Knight Frank has brought Crickhowell House, adjacent to the Welsh Assembly in Cardiff, to market for £40m.
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Terrace Hill projects approved
Terrace Hill has won permission for a number of developments, including a new 80,000 sq ft Sainsbury’s food store in Middlesborough.
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DevSec buys Sevenoaks office
Development Securities has bought Tubs Hill House in Sevenoaks for £5.5m, a 5.24% yield.
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Profits jump at LandSec
Land Securities has posted a 9% hike in revenue profit, or underlying profit, for the six months to 30 September 2013.
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Allied plans Spinningfields project
Allied London has applied for planning permission to build a ten-storey commercial building in Spinningfields in Manchester.
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AstraZeneca injection for Macclesfield
AstraZeneca is to invest £120m in a new manufacturing facility in Macclesfield, Cheshire, for the production of anti-cancer drugs
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Auctions in brief – November 9 2013
ASR sale makes £12m
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Rental drop hits high street lots
The value of high street retail lots sold has fallen by 4.5 percentage points in the past year, according to the latest IPD Retail Property Auction Index,