Estates Gazette
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Excitement and challenge for investors in 2015
Next year will bring both excitement and challenge for the commercial property investor in the UK, but we expect that the market will still offer opportunities to suit both risk-averse…
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Scottish house prices drop
House prices in Scotland fell for the first time in a year in August, breaking a “powerful spell of growth”
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Judge backs Knight Frank on valuation claim
A judge has rejected claims that Knight Frank should be liable to a landowner that alleged an overvaluation cost it millions
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Lady Hart left with slim ray of hope of preventing “eyesore” near her manor house
The wife of a Labour peer, who says an industrial development near her 16th century home will be an eyesore, has been handed a slim chance of having the planning…
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Knight Frank valuation was purely for lending, not to be relied on in future, judge rules
A judge has rejected claims that Knight Frank should be liable to a landowner that says KF’s allegedly negligent overvaluation of a development site caused it to reject offers, costing…
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Tishman sells Blackstone Sanctuary
Blackstone has exchanged contracts to buy Sanctuary Buildings in Victoria, SW1, from Tishman Speyer.
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IT companies lead Dublin office take-up
Dublin office take-up was 335,000 sq ft during Q3, with the highest level of demand coming from the IT sector
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AEW hires debt fund head
FINANCE: Investment manager AEW Europe has hired Colony Capital’s Thibault Chauvin as managing director, head of debt funds
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Shiva completes £100m Kingsway buy
Shiva Hotels has completed the purchase of the Kingsway Hall Hotel, W1, from Cola Holdings for close to £100m
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Bellway toasts 11.7% NAV rise
FINANCE Housebuilder Bellway saw net asset value rise by 11.7% to 1,118p per share for the year ended 31 July.
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Deka debt fund buys £26m loan tranche
FINANCE: German debt fund Deka Realkredit Klassik has bought a £26m senior tranche of a commercial real estate loan held against Sainsbury’s Holborn HQ.
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Westrock in £6.7m Devon sale
Westrock has sold a 40,000 sq ft Devon shop to Diageo Pension Trust for £6.7m