Nick Johnstone
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WeWork to open on Marylebone Road
Rapidly expanding flexible office group WeWork has agreed to take space at WELPUT’s North West House, NW1.
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Hammersmith retail block hits the market
A 62,000 sq ft retail block in Hammersmith, W6, has been put on the market for £24m.
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Derwent: it’s tough finding opportunities to buy
Derwent London has said that it is finding it difficult to find purchasing opportunities in the London office market, following a trading update issued today.
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Middle East investors prefer London
Middle Eastern investors favour London for property investment over global cities, having spent £1.2bn there over the past 12 months, according to CBRE
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Cromwell selling Imperial Place office block for £60m
Cromwell Property Group is selling the Imperial Place office block in Borehamwood, Hertfordshire, for £60m, a yield of around 7%.
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Palmira forms €1bn European logistics joint venture
Palmira Capital Partners has established a joint venture with the Apollo’s European Principal Finance III Fund to invest more than €1bn in European logistics
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Unlisted property funds remain consistent
Unlisted property funds returned 2.2% in the three months to September 2017, consistent with the previous quarter, according to the IPD UK Quarterly Property Fund Index
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Hong Kong dominates strong Q3 for London investment
Investment in central London property was up by more than 50% in the third quarter, compared with Q3 2016.
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BNP PRE merges France and UK corporate occupier divisions
BNP Paribas Real Estate has merged its two corporate occupier divisions, appointing two heads of the merged entity in the UK and France
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L&G notches up record £1.1bn of sales
Legal & General Capital and Legal & General Retirement have completed a record £1.1bn of property disposals in 2017 to date
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Mayfair spends £33.1m on sheds, restaurants and offices
Mayfair Capital Property Unit Trust has bought £33.1m of property, taking the fund’s net asset value to £340m
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Whitbread delivers 6.7% profit hike
Premier Inn and Costa owner reports 6.7% underlying profit growth to £328m on a 7.4% hike in revenue to £1.67bn in its interim results for the six month to 31…