Shekha Vyas
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GRIF posts £7.8m profit jump
Ground Rents Income Fund has posted a pretax profit of £12.5m, up from last year’s £4.7m, in the year ending 30 September 2015
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Returns growth ‘to slow’
Total property returns are set to drop into single digits next year as capital growth tails off, according to Savills’ outlook for 2016
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Tritax buys Liverpool shed
Tritax Big Box REIT has bought Matalan Retail’s northern distribution centre at Knowsley Business Park for £42m – a yield of 6.27%
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Grosvenor to develop luxury hotel
Grosvenor Britain & Ireland and Hong Kong and Shanghai Hotels have received planning permission for their luxury hotel and flats scheme in Belgravia, SW1.
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Sales net U+I 2.7m profit
U+I Group has realised a total profit of £2.7m from asset sales in Watford and Braehead
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U+I appoints new chairman
Property regeneration company U+I Group has appointed Peter Williams as an independent non-executive director and chairman designate
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LendInvest appoints development finance director
LendInvest, has appointed Steve Larkin to officially launch the company’s first development finance service
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Snapchat takes note of Soho HQ
Social media start-up Snapchat is in advanced talks to lease a new London headquarters in Soho.
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MetLife and TH Real Estate fund Gaw’s W1 buy
MetLife and TH Real Estate are to provide a joint loan of £274.1m to a consortium of investors led by GAW Capital
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Next mayor should be strategic authority
LISTEN: “Don’t interfere. We will deal with the detail, thank you!” mayoral candidates told
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Buyer suits up for McQueen store
Meyer Bergman is in advanced talks to snap up the Old Bond Street flagship of fashion house Alexander McQueen for around £160m – a 2% yield.
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Posh picks Beeb’s Garden for fashion HQ
Victoria Beckham is set to be the first tenant at Stanhope’s and Mitsui Fudosan’s White City Place – the former BBC Media Village.