Samantha McClary
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British Land is frontrunner for portfolio of Homebase stores
British Land is frontrunner to buy a collection of seven Homebase stores put up for sale by Sainsbury’s for £74.5m. The property company, which bought 22 Homebase stores from Sainsbury’s…
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Property entrepreneur battles for £100,000 TV show prize
James Max, a former principal at Doughty Hanson Real Estate Fund, is to battle 13 other aspiring entrepreneurs in the BBC2’s The Apprentice for a £100,000 job with Sir Alan…
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John Lewis loses interest in anchoring Croydon’s Park Place
John Lewis cast doubt this week that it would become the new anchor tenant at Minerva’s Park Place in Croydon. The retailer is at the top of a list of…
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Ireland’s Quinn Group buys Belfry golf course for £186m
Irish property company Quinn Group has bought the 324-bedroom Belfry hotel in Birmingham from the De Vere Group for £186m. The hotel, which has hosted the Ryder Cup golf tournament…
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Baugur makes £1bn offer for Somerfield
Supermarket chain Somerfield has received a £1bn takeover offer from Baugur, the Icelandic venture capitalist. Baugur already owns 5% of the group, and has recently been increasing its presence on…
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British Land JV unveils £35m Dublin shopping centre plans
British Land subsidiary Firmount and Irish Life Assurance have announced details for the €50m (£35m) redevelopment of the 245,000 sq ft ILAC Shopping Centre in Dublin.
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Wandsworth’s Southside mall goes to market for £200m
The joint venture behind the transformation of a Wandsworth shopping centre is in line to make an £80m profit on its sale.
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REIT poised to snap up Fosse Park
£300m offer for retail warehouse centre undercuts Pillar’s June asking price by £20m. Leo Noé’s REIT Asset Management is poised to buy Fosse Park for £20m less than Pillar Property…
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London’s Southside mall on the block for £200m
Apollo and Portfolio ready to take profits after major refurbishment. The joint venture behind the transformation of a Wandsworth shopping centre is in line to make an £80m profit on…
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Major west London freehold goes up for sale
One of the biggest freeholds in central London has been put up for sale by the British Petroleum pension fund. The three-acre block, which lies south of the Brompton Road…
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Administrator receives 36 bids for collapsed store group
Almost 40 bids for all or parts of collapsed department store chain Allders have been received by administrator Kroll. Joint administrator Alastair Beveridge said: “We received a total of 72…
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CIT poised to buy Brunel Centre for £130m
CIT is close to buying the 550,000sq ft Brunel Centre in Swindon, Wiltshire, for about £130m. The property investor has taken the lead in the battle to buy the shopping…