Louisa Clarence-Smith
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Floods cost property sector £700m
The December and January storms which devastated large parts of the UK have caused up to £700m of damage to commercial property, according to PricewaterhouseCoopers.
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Agents appointed on 2 St Peter’s Square
CBRE has been appointed as joint letting agent with Cushman & Wakefield on Deutsche Asset & Wealth Management’s 2 St Peter’s Square, Manchester.
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Industry majority opposes Brexit
A Brexit would have a negative impact on property investment, according to 65% of the property industry, a new survey by Carter Jonas has found
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Matchesfashion strikes out for Shard
Matchesfashion.com is to double the size of its London HQ with new offices in The Shard, SE1.
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L&G swaps £176.5m sheds portfolio between funds
Legal & General Property has sold a £176.5m portfolio of trade park estates out of a fund that is winding down into another one of its funds
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£1bn Essex regeneration deal signed
Purfleet Centre Regeneration has signed a £1bn deal with Thurrock Council to carry out a major regeneration scheme in Purfleet, Essex
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Lok’nStore agrees £40m banking facility with RBS
Lok’nStore has agreed a new £40m banking facility on improved terms with RBS.
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easyHotel gets consent for Manchester’s Flat Iron
easyHotel has received planning consent for a 116-bedroom hotel in Manchester’s Northern Quarter
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Wesfarmers to buy Homebase for £340m
Australian retail group Wesfarmers has agreed to buy Homebase from Home Retail Group for £340m
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Counting the cost of a flooded North
Torrential storms in the North have cost the commercial property sector over £1bn. Now insurers, government and developers are rethinking their flood defence provisions.
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How property powers UK economy
Commercial property’s contribution to UK GDP may be far greater than previously thought, according to a major new report
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Strong leadership for NHS Property Services
CBRE verteran Mike Strong has been appointed non-executive director of NHS Property Services