Samantha McClary
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CSC buys Henderson’s stake in Potteries centre
Capital Shopping Centres (CSC) has bought the remaining 50% stake in the Potteries shopping centre in Hanley, Stoke-on-Trent, from Henderson Global Investors for £62.5m.
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Occupier demand expected to remain stable in 2005
Occupier demand for commercial property is expected to be sustained despite falling confidence about the general business climate, according to a new report from GVA Grimley and the CBI.
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modus pic cap
Manchester-based property group Modus has secured funding for its 400,000 sq ft Grand Arcade in Wigan. Anglo Irish Bank, advised by Dawnay Day Property Finance Group, has provided a rumoured…
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F&C buys two retail warehouses in Poole for £11.6m
F&C Property Asset Management has bought two adjoining retail warehouses in Fleets Lane, Poole, for £11.6m, a yield of 5.9%. Office supply company Staples and electrical goods retailer Comet occupy…
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CSC increases its stake in Eldon Square shopping centre
Capital Shopping Centres (CSC) has agreed to pay Shell Pension Trust £45m for a further 15% interest in Eldon Square shopping centre in Newcastle-upon-Tyne.
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Venture capitalist SB Capital buys all of Courts’ stores
Venture capitalist SB Capital has agreed a deal with administrators KPMG to take over the entire portfolio of collapsed furniture chain Courts for an undisclosed sum.
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Modus goes shopping in bid for Newport contract
£10m purchase of two key retail sites intended to “show commitment”. Manchester-based Modus Properties is pushing itself into pole position for the £100m redevelopment of Newport city centre.
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Disposal of Allders could aid sale of Minerva
Property company Minerva may finally secure a sale of its entire portfolio, following its decision to offload the troubled Allders department store chain.
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Inquiry rules in favour of Oldbury regeneration
A £100m regeneration on the edge of Oldbury town centre in Sandwell, West Midlands, has finally gained planning permission following a public inquiry.
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Modus goes shopping to seal Newport contract
Manchester-based Modus Properties is pushing itself into pole position for the £100m redevelopment of Newport city centre. The developer has bought two key sites within the proposed 350,000-400,000 sq ft…
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Countryside buys Hackney mixed-use site for £7m
James Latham has sold its site in Clapton, Hackney, E8, to Countryside Properties for an initial consideration of £7m. Further payments for the empty site will be received by December…
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Artisan UK secures £20m residential business funding
Artisan UK has secured £20m of extra funding to further develop its residential business, despite admitting that the outlook for the sector was unpredictable.