Karl Tomusk
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Aberdeen Standard Investment trust to target logistics market
Aberdeen Standard Investment is planning to launch a new UK investment trust next month to target European logistics
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New Bond Street pips Paris in priciest shopping street league
New Bond Street has overtaken Paris’s Champs Élysées as the world’s third most expensive shopping street, according to Cushman & Wakefield’s latest Main Streets Across the World report.
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BE Offices buys Headspace
Flexible offices provider BE Offices has acquired co-working specialist Headspace Group.
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GPE lifts profit, interim dividend for half-year
Great Portland Estates is ready to “exploit any future market weakness” as it continues to be a net seller, the company said in its half-year results.
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Helical has “taken financial pain” for long-term gain
Helical has taken a “bit of financial pain” to re-focus the portfolio and create future opportunities, chief executive Gerald Kaye has said as the company reported its interim results.
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Cambridge rents more than double those of competitors
Top rents in Cambridge have risen by twice the amount of the city’s nearest regional competitors since 2009, according to research from Savills.
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Khan calls for Holloway to be unlocked
Mayor of London Sadiq Khan has called for Holloway Prison to be used to deliver affordable housing, offering his help to the Ministry of Justice to speed up its sales…
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Joseph Homes buys Balham development site for £16m
Indigo Scott has sold a development site at 266 Balham High Road, SW17, to London-based housebuilder Joseph Homes for about £16m.
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Aprirose completes Tower Bridge Travelodge sale
Aprirose has completed the sale of the Travelodge Hotel at Tower Bridge, E1, to CCLA Investment Management for £47.1m – a net initial yield of 3.61%.
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Urban & Civic submits Wintringham plans
Urban & Civic has submitted a mixed-use planning application for the development of 2,800 homes and business space at Wintringham in Huntingdonshire.
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Three new tenants sign for The Point
Tishman Speyer has secured three new leases totalling 52,596 sq ft for The Point in Paddington, W2.
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Unite Students buys Leeds site
Unite Students has exchanged contracts with Regional REIT to buy a development site in Leeds for £10.5m.